2-bed · 1,409 sqft5th Avenue, Al Furjan · 2nd floor · completed 2020

209, 5th Avenue

Sold prices and rental history: sold once, by the developer in November 2023, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 209 · DLD and Ejari recordsUpdated 23 November 2023
Last soldAED 1.62M23 November 2023
Current rentAED 75K /yr1 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 209, 5th Avenue

What is 209 worth today?

Last sold for AED 1,620,000 in 2023

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23 Nov 2023Sold by developerReady
AED 1,620,000AED 1,149 per sqft
1 Mar 2023RentedRenewal
AED 75,216/yr12 months · AED 53 per sqft
1 Mar 2022RentedNew contract
AED 75,000/yr12 months · AED 51 per sqft

Source: Dubai Land Department. Updated 23 November 2023.

Key facts

Type
2-bed apartment
Size
1,409 sqft
Floor
2nd of 10
Parking
G-37
Developer
Mr Hussin Meseh Iskandar
Completed
2020
Service charge
AED 17,500 /yr
Last sold
AED 1.62M · November 2023
Building
5th Avenue

About 209, 5th Avenue

209 is a two-bedroom apartment of 1,409 sqft on the 2nd floor of 5th Avenue, a 10-storey tower in Al Furjan completed in 2020 by Mr Hussin Meseh Iskandar. The developer sold it on 23 November 2023 for AED 1,620,000, or AED 1,149 per sqft, 24% above the AED 930 two-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 1 March 2023, is AED 75,216 a year: a gross yield of 4.6% on the 2023 price, before the service charge of about AED 17,500 a year.

Sales and rents for 209 over time

Sales
Unit 209, 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, November 2023: AED 1,620,000 (AED 1,149 per sqft)

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

Rents
Unit 209, 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, March 2022: AED 75,000 a yearRenewal, March 2023: AED 75,216 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 209 sits

All 60 2-beds →

209 last sold in November 2023 at AED 1,149 per sqft, 24% above what two-beds in 5th Avenue were fetching at the time (AED 930). 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. 209's AED 75,216 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
2062-bedAED 2.02M · Jan 2024
2072-bedAED 1.31M · Feb 2024
1–7 of 9

209, 5th Avenue in numbers

  • Sold once: by Mr Hussin Meseh Iskandar on 23 November 2023 for AED 1,620,000, or AED 1,149 per sqft.
  • Rented since March 2022 on 2 Ejari contracts, from AED 75,000 to AED 75,216 a year.
  • At AED 75,216 a year the gross yield on the 2023 price is 4.6%, before a service charge of about AED 17,500 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 23 November 2023.

Questions about 209, 5th Avenue

What did unit 209 last sell for?

AED 1,620,000 on 23 November 2023, sold by the developer: AED 1,149 per sqft for 1,409 sqft. It is the only registered sale of the unit.

What is the rent for unit 209?

AED 75,216 a year on the contract renewed on 1 March 2023. The previous contract, from March 2022, was AED 75,000.

How big is unit 209?

1,409 sqft (130.9 sqm): a two-bedroom apartment on the 2nd floor of a 10-storey tower completed in 2020.

What is unit 209 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 209, 5th Avenue

Starts from the last sale price (AED 1.62M, 23 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,620,000
Deposit, UAE resident (20%)
AED 324,000
Deposit, non-resident (40%)
AED 648,000
Monthly over 25 years at 3.7%
AED 6,628

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