2-bed · 1,397 sqft5th Avenue, Al Furjan · 1st floor · completed 2020

104, 5th Avenue

Sold prices and rental history: sold once, by the developer in August 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 104 · DLD and Ejari recordsUpdated 16 August 2023
Last soldAED 646K16 August 2023
Current rentAED 73K /yr24 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 104, 5th Avenue

What is 104 worth today?

Last sold for AED 646,339 in 2023

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16 Aug 2023Sold by developerReady
AED 646,339AED 462 per sqft
24 Apr 2022RentedRenewal
AED 72,975/yr12 months · AED 50 per sqft
24 Apr 2021RentedNew contract
AED 69,500/yr12 months · AED 48 per sqft

Source: Dubai Land Department. Updated 16 August 2023.

Key facts

Type
2-bed apartment
Size
1,397 sqft
Floor
1st of 10
Parking
P-41
Developer
Mr Hussin Meseh Iskandar
Completed
2020
Service charge
AED 17,300 /yr
Last sold
AED 646K · August 2023
Building
5th Avenue

About 104, 5th Avenue

104 is a two-bedroom apartment of 1,397 sqft on the 1st floor of 5th Avenue, a 10-storey tower in Al Furjan completed in 2020 by Mr Hussin Meseh Iskandar. The developer sold it on 16 August 2023 for AED 646,339, or AED 462 per sqft, 50% below the AED 924 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 24 April 2022, is AED 72,975 a year: a gross yield of 11.3% on the 2023 price, before the service charge of about AED 17,300 a year.

Sales and rents for 104 over time

Sales
Unit 104, each saleTypical two-bed in 5th Avenue
500K1M1.5M20232024202520262027Typical sale price by year: 2023 AED 1,278,950; 2024 AED 1,339,622; 2026 AED 1,600,000Sold by developer, August 2023: AED 646,339 (AED 462 per sqft)

104 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 104, each contractTypical two-bed in 5th Avenue
75K100K2021202320252027Typical rent by year: 2021 AED 69,750; 2022 AED 72,488; 2023 AED 75,216; 2024 AED 80,400; 2025 AED 115,000; 2026 AED 112,500New contract, April 2021: AED 69,500 a yearRenewal, April 2022: AED 72,975 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in 5th Avenue, and where 104 sits

All 60 2-beds →

104 last sold in August 2023 at AED 462 per sqft, 50% below what two-beds in 5th Avenue were fetching at the time (AED 924). Over the last 12 months two-beds sold for AED 1,600,000 to 1,800,000, around AED 1,168 per sqft, and rent for AED 90,300 to 144,000 a year. 104's AED 72,975 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Nov 20261,600,000
16 Oct 20261,600,000
27 Jan 20261,800,000
2 Sep 20251,700,000
3 2-bed sales in the last 12 months

5th Avenue

Building

92 apartments, 1-bed to 3-bed over 10 floors in Al Furjan, completed in 2020 by Mr Hussin Meseh Iskandar. 4 sold in the last 12 months.

Typical price per sqft
AED 1,156
Typical sale
AED 1.6M
Typical rent
AED 100K /yr
Typical yield
7.1%
5th Avenue, Al Furjan: prices, sales and rents →

Other units on the 1st floor

All 92 units in 5th Avenue
Value
1012-bedAED 1.23M · Apr 2023
1023-bedAED 2.45M · Aug 2024
1031-bedAED 1.1M · Jan 2025
1052-bedAED 1.29M · Jan 2024
1062-bedAED 1.47M · Jan 2024
1072-bedAED 1.4M · Dec 2023
1082-bedAED 1.34M · Apr 2024

104, 5th Avenue in numbers

  • Sold once: by Mr Hussin Meseh Iskandar on 16 August 2023 for AED 646,339, or AED 462 per sqft.
  • Rented since April 2021 on 2 Ejari contracts, from AED 69,500 to AED 72,975 a year.
  • At AED 72,975 a year the gross yield on the 2023 price is 11.3%, before a service charge of about AED 17,300 a year (AED 12.39 per sqft).
  • Two-beds in 5th Avenue sold for AED 1,600,000–1,800,000 in the 12 months to November 2026; the building's median across all types is AED 1,156 per sqft.

Source: Dubai Land Department. Updated 16 August 2023.

Questions about 104, 5th Avenue

What did unit 104 last sell for?

AED 646,339 on 16 August 2023, sold by the developer: AED 462 per sqft for 1,397 sqft. It is the only registered sale of the unit.

What is the rent for unit 104?

AED 72,975 a year on the contract renewed on 24 April 2022. The previous contract, from April 2021, was AED 69,500.

How big is unit 104?

1,397 sqft (129.8 sqm): a two-bedroom apartment on the 1st floor of a 10-storey tower completed in 2020.

What is unit 104 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in 5th Avenue sold for AED 1,600,000 to 1,800,000 in the last 12 months, around AED 1,168 per sqft.

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Mortgage on 104, 5th Avenue

Starts from the last sale price (AED 646K, 16 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 646,339
Deposit, UAE resident (20%)
AED 129,268
Deposit, non-resident (40%)
AED 258,536
Monthly over 25 years at 3.7%
AED 2,644

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →