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

206, 5th Avenue

Sold prices and rental history: sold twice, last in January 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 20 April 2024
Last soldAED 2.02M4 January 2024
Current rentAED 80K /yr20 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206, 5th Avenue

What is 206 worth today?

Last sold for AED 2,020,000 in 2024

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20 Apr 2024RentedRenewal
AED 80,400/yr4 months · AED 58 per sqft
4 Jan 2024SoldReady
AED 2,020,000AED 1,445 per sqft
21 Dec 2023Sold by developerReady
AED 1,327,616AED 950 per sqft
20 Apr 2023RentedNew contract
AED 75,000/yr12 months · AED 54 per sqft
20 Apr 2022RentedRenewal
AED 71,400/yr12 months · AED 49 per sqft
20 Apr 2020RentedNew contract
AED 34,000/yr24 months · AED 24 per sqft

Source: Dubai Land Department. Updated 20 April 2024.

Key facts

Type
2-bed apartment
Size
1,397 sqft
Floor
2nd of 10
Parking
G-14
Developer
Mr Hussin Meseh Iskandar
Completed
2020
Service charge
AED 17,300 /yr
Last sold
AED 2.02M · January 2024
Building
5th Avenue

About 206, 5th Avenue

206 is a two-bedroom apartment of 1,397 sqft on the 2nd floor of 5th Avenue, a 10-storey tower in Al Furjan completed in 2020 by Mr Hussin Meseh Iskandar. It last sold on 4 January 2024 for AED 2,020,000, or AED 1,445 per sqft, 55% above the AED 935 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 20 April 2024, is AED 80,400 a year: a gross yield of 4.0% on the 2024 price, before the service charge of about AED 17,300 a year.

Sales and rents for 206 over time

Sales
Unit 206, each saleTypical two-bed in 5th Avenue
1.5M2M20232024202520262027Typical sale price by year: 2023 AED 1,278,950; 2024 AED 1,339,622; 2026 AED 1,600,000Sold by developer, December 2023: AED 1,327,616 (AED 950 per sqft)Sold, January 2024: AED 2,020,000 (AED 1,445 per sqft)

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

Rents
Unit 206, each contractTypical two-bed in 5th Avenue
50K100K2020202220242026Typical 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 2020: AED 34,000 a yearRenewal, April 2022: AED 71,400 a yearNew contract, April 2023: AED 75,000 a yearRenewal, April 2024: AED 80,400 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 206 sits

All 60 2-beds →

206 last sold in January 2024 at AED 1,445 per sqft, 55% above 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. 206's AED 80,400 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 2nd floor

All 92 units in 5th Avenue
Value
2012-bedAED 1.6M · Nov 2026
2023-bedAED 2.15M · Mar 2024
2031-bedAED 777K · Mar 2023
2041-bedAED 1.14M · Nov 2023
2053-bedAED 2.18M · Jul 2024
2072-bedAED 1.31M · Feb 2024
2082-bedAED 1.7M · Dec 2024
1–7 of 9

206, 5th Avenue in numbers

  • Sold twice: first on 21 December 2023 for AED 1,327,616, last on 4 January 2024 for AED 2,020,000 (AED 1,445 per sqft).
  • Rented since April 2020 on 4 Ejari contracts, from AED 34,000 to AED 80,400 a year.
  • At AED 80,400 a year the gross yield on the 2024 price is 4.0%, 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 20 April 2024.

Questions about 206, 5th Avenue

What did unit 206 last sell for?

AED 2,020,000 on 4 January 2024: AED 1,445 per sqft for 1,397 sqft. The unit has 2 registered sales; the first was AED 1,327,616 in December 2023.

What is the rent for unit 206?

AED 80,400 a year on the contract renewed on 20 April 2024. The previous contract, from April 2023, was AED 75,000; the unit has been rented since April 2020.

How big is unit 206?

1,397 sqft (129.8 sqm): a two-bedroom apartment on the 2nd floor of a 10-storey tower completed in 2020.

What is unit 206 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 206, 5th Avenue

Starts from the last sale price (AED 2.02M, 4 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,020,000
Deposit, UAE resident (20%)
AED 404,000
Deposit, non-resident (40%)
AED 808,000
Monthly over 25 years at 3.7%
AED 8,264

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