2-bed · 1,650 sqft5th Avenue, Al Furjan · 1st floor · completed 2020

107, 5th Avenue

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

Unit 107 · DLD and Ejari recordsUpdated 14 May 2024
Last soldAED 1.4M28 December 2023
Current rentAED 80K /yr14 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 107, 5th Avenue

What is 107 worth today?

Last sold for AED 1,402,143 in 2023

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14 May 2024RentedRenewal
AED 79,958/yr8 months · AED 48 per sqft
28 Dec 2023Sold by developerReady
AED 1,402,143AED 850 per sqft
14 May 2023RentedRenewal
AED 76,000/yr12 months · AED 46 per sqft
14 May 2022RentedRenewal
AED 75,075/yr12 months · AED 44 per sqft
14 May 2021RentedNew contract
AED 71,500/yr12 months · AED 42 per sqft

Source: Dubai Land Department. Updated 14 May 2024.

Key facts

Type
2-bed apartment
Size
1,650 sqft
Floor
1st of 10
Parking
G-69
Developer
Mr Hussin Meseh Iskandar
Completed
2020
Service charge
AED 20,400 /yr
Last sold
AED 1.4M · December 2023
Building
5th Avenue

About 107, 5th Avenue

107 is a two-bedroom apartment of 1,650 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 28 December 2023 for AED 1,402,143, or AED 850 per sqft, 9% below the AED 933 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 14 May 2024, is AED 79,958 a year: a gross yield of 5.7% on the 2023 price, before the service charge of about AED 20,400 a year.

Sales and rents for 107 over time

Sales
Unit 107, 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, December 2023: AED 1,402,143 (AED 850 per sqft)

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

Rents
Unit 107, 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, May 2021: AED 71,500 a yearRenewal, May 2022: AED 75,075 a yearRenewal, May 2023: AED 76,000 a yearRenewal, May 2024: AED 79,958 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 107 sits

All 60 2-beds →

107 last sold in December 2023 at AED 850 per sqft, 9% below what two-beds in 5th Avenue were fetching at the time (AED 933). 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. 107's AED 79,958 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
1062-bedAED 1.47M · Jan 2024
1082-bedAED 1.34M · Apr 2024

107, 5th Avenue in numbers

  • Sold once: by Mr Hussin Meseh Iskandar on 28 December 2023 for AED 1,402,143, or AED 850 per sqft.
  • Rented since May 2021 on 4 Ejari contracts, from AED 71,500 to AED 79,958 a year.
  • At AED 79,958 a year the gross yield on the 2023 price is 5.7%, before a service charge of about AED 20,400 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 14 May 2024.

Questions about 107, 5th Avenue

What did unit 107 last sell for?

AED 1,402,143 on 28 December 2023, sold by the developer: AED 850 per sqft for 1,650 sqft. It is the only registered sale of the unit.

What is the rent for unit 107?

AED 79,958 a year on the contract renewed on 14 May 2024. The previous contract, from May 2023, was AED 76,000; the unit has been rented since May 2021.

How big is unit 107?

1,650 sqft (153.3 sqm): a two-bedroom apartment on the 1st floor of a 10-storey tower completed in 2020.

What is unit 107 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 107, 5th Avenue

Starts from the last sale price (AED 1.4M, 28 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,402,143
Deposit, UAE resident (20%)
AED 280,429
Deposit, non-resident (40%)
AED 560,857
Monthly over 25 years at 3.7%
AED 5,737

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