308, 5th Avenue
Sold prices and rental history: sold once, by the developer in May 2023, and rented once, from October 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 308, 5th Avenue
What is 308 worth today?
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Source: Dubai Land Department. Updated 3 May 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,387 sqft
- Floor
- 3rd of 10
- Parking
- G-49
- Developer
- Mr Hussin Meseh Iskandar
- Completed
- 2020
- Service charge
- AED 17,200 /yr
- Last sold
- AED 1.25M · May 2023
- Building
- 5th Avenue
About 308, 5th Avenue
308 is a two-bedroom apartment of 1,387 sqft on the 3rd floor of 5th Avenue, a 10-storey tower in Al Furjan completed in 2020 by Mr Hussin Meseh Iskandar. The developer sold it on 3 May 2023 for AED 1,247,859, or AED 900 per sqft, in line with the AED 900 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 28 October 2021. The current contract, signed on 28 October 2021, is AED 70,000 a year: a gross yield of 5.6% on the 2023 price, before the service charge of about AED 17,200 a year.
Sales and rents for 308 over time
308 has sold once; the dashed line is the two-bed median of each year in the building.
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 308 sits
All 60 2-beds →308 last sold in May 2023 at AED 900 per sqft, in line with what two-beds in 5th Avenue were fetching at the time (AED 900). 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. 308's AED 70,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Nov 20263 November 2026 | 1,370 sqft | 1,600,000 | 1,168 | ||
| 16 Oct 202616 October 2026 | 1,398 sqft | 1,600,000 | 1,144 | ||
| 27 Jan 202627 January 2026 | 1,235 sqft | 1,800,000 | 1,457 | ||
| 2 Sep 20252 September 2025 | 1,397 sqft | 1,700,000 | 1,216 |
5th Avenue
Building92 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%
Other units on the 3rd floor
All 92 units in 5th Avenue| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,396 sqft | AED 1.34MAED 1,340,352 · Dec 2023December 2023 | 95,000 /yr | |
| 302 | 3-bed | 2,279 sqft | AED 1.9MAED 1,898,188 · Jul 2023July 2023 | 189,819 /yr | |
| 303 | 1-bed | 818 sqft | AED 1.18MAED 1,180,000 · Sep 2025September 2025 | 75,000 /yr | |
| 304 | 1-bed | 1,074 sqft | AED 1.1MAED 1,100,000 · Nov 2024November 2024 | 88,000 /yr | |
| 305 | 3-bed | 2,283 sqft | AED 2.18MAED 2,180,408 · Apr 2024April 2024 | 105,000 /yr | |
| 306 | 2-bed | 1,398 sqft | AED 1.6MAED 1,600,000 · Oct 2026October 2026 | 115,000 /yr | |
| 307 | 2-bed | 1,395 sqft | AED 1.33MAED 1,325,668 · Feb 2024February 2024 | 98,000 /yr | |
| 309 | 2-bed | 1,349 sqft | AED 1.27MAED 1,268,109 · Oct 2023October 2023 | 115,000 /yr | |
| 310 | 2-bed | 1,394 sqft | AED 1.28MAED 1,275,847 · Sep 2023September 2023 | 115,000 /yr |
308, 5th Avenue in numbers
- Sold once: by Mr Hussin Meseh Iskandar on 3 May 2023 for AED 1,247,859, or AED 900 per sqft.
- Rented since October 2021 on one Ejari contract, at AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2023 price is 5.6%, before a service charge of about AED 17,200 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 3 May 2023.
Questions about 308, 5th Avenue
What did unit 308 last sell for?
AED 1,247,859 on 3 May 2023, sold by the developer: AED 900 per sqft for 1,387 sqft. It is the only registered sale of the unit.
What is the rent for unit 308?
AED 70,000 a year on the contract signed on 28 October 2021.
How big is unit 308?
1,387 sqft (128.9 sqm): a two-bedroom apartment on the 3rd floor of a 10-storey tower completed in 2020.
What is unit 308 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 308, 5th Avenue
Starts from the last sale price (AED 1.25M, 3 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,247,859
- Deposit, UAE resident (20%)
- AED 249,572
- Deposit, non-resident (40%)
- AED 499,144
- Monthly over 25 years at 3.7%
- AED 5,105
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →