2-bed · 1,769 sqft5th Avenue, Al Furjan · 1st floor · completed 2020

106, 5th Avenue

Sold prices and rental history: sold once, by the developer in January 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 106 · DLD and Ejari recordsUpdated 25 January 2024
Last soldAED 1.47M25 January 2024
Current rentAED 75K /yr1 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, 5th Avenue

What is 106 worth today?

Last sold for AED 1,473,627 in 2024

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25 Jan 2024Sold by developerReady
AED 1,473,627AED 833 per sqft
1 Jun 2023RentedRenewal
AED 75,000/yr12 months · AED 42 per sqft
1 Jun 2022RentedRenewal
AED 73,000/yr12 months · AED 40 per sqft
1 Jun 2021RentedNew contract
AED 73,000/yr12 months · AED 40 per sqft

Source: Dubai Land Department. Updated 25 January 2024.

Key facts

Type
2-bed apartment
Size
1,769 sqft
Floor
1st of 10
Parking
P-17
Developer
Mr Hussin Meseh Iskandar
Completed
2020
Service charge
AED 21,900 /yr
Last sold
AED 1.47M · January 2024
Building
5th Avenue

About 106, 5th Avenue

106 is a two-bedroom apartment of 1,769 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 25 January 2024 for AED 1,473,627, or AED 833 per sqft, 11% below the AED 935 two-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 1 June 2023, is AED 75,000 a year: a gross yield of 5.1% on the 2024 price, before the service charge of about AED 21,900 a year.

Sales and rents for 106 over time

Sales
Unit 106, each saleTypical two-bed in 5th Avenue
1.4M1.6M20232024202520262027Typical sale price by year: 2023 AED 1,278,950; 2024 AED 1,339,622; 2026 AED 1,600,000Sold by developer, January 2024: AED 1,473,627 (AED 833 per sqft)

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

Rents
Unit 106, 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, June 2021: AED 73,000 a yearRenewal, June 2022: AED 73,000 a yearRenewal, June 2023: AED 75,000 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 106 sits

All 60 2-beds →

106 last sold in January 2024 at AED 833 per sqft, 11% below what two-beds in 5th Avenue were fetching at the time (AED 935). 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. 106's AED 75,000 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
1042-bedAED 646K · Aug 2023
1052-bedAED 1.29M · Jan 2024
1072-bedAED 1.4M · Dec 2023
1082-bedAED 1.34M · Apr 2024

106, 5th Avenue in numbers

  • Sold once: by Mr Hussin Meseh Iskandar on 25 January 2024 for AED 1,473,627, or AED 833 per sqft.
  • Rented since June 2021 on 3 Ejari contracts, from AED 73,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2024 price is 5.1%, before a service charge of about AED 21,900 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 25 January 2024.

Questions about 106, 5th Avenue

What did unit 106 last sell for?

AED 1,473,627 on 25 January 2024, sold by the developer: AED 833 per sqft for 1,769 sqft. It is the only registered sale of the unit.

What is the rent for unit 106?

AED 75,000 a year on the contract renewed on 1 June 2023. The previous contract, from June 2022, was AED 73,000; the unit has been rented since June 2021.

How big is unit 106?

1,769 sqft (164.3 sqm): a two-bedroom apartment on the 1st floor of a 10-storey tower completed in 2020.

What is unit 106 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 106, 5th Avenue

Starts from the last sale price (AED 1.47M, 25 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,473,627
Deposit, UAE resident (20%)
AED 294,725
Deposit, non-resident (40%)
AED 589,451
Monthly over 25 years at 3.7%
AED 6,029

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