402, 5th Avenue
Sold prices and rental history: sold once, by the developer in May 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 402, 5th Avenue
What is 402 worth today?
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Source: Dubai Land Department. Updated 23 May 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,159 sqft
- Floor
- 4th of 10
- Parking
- G-47, G-60
- Developer
- Mr Hussin Meseh Iskandar
- Completed
- 2020
- Service charge
- AED 26,800 /yr
- Last sold
- AED 2M · May 2024
- Building
- 5th Avenue
About 402, 5th Avenue
402 is a three-bedroom apartment of 2,159 sqft on the 4th 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 May 2024 for AED 1,997,112, or AED 925 per sqft, in line with the AED 925 three-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 25 February 2024, is AED 104,904 a year: a gross yield of 5.3% on the 2024 price, before the service charge of about AED 26,800 a year.
Sales and rents for 402 over time
402 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in 5th Avenue, and where 402 sits
All 19 3-beds →402 last sold in May 2024 at AED 925 per sqft, in line with what three-beds in 5th Avenue were fetching at the time (AED 925). 402's AED 104,904 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Oct 20247 October 2024 | 2,143 sqft | 2,143,435 | 1,000 | ||
| 24 Sep 202424 September 2024 | 2,141 sqft | 2,141,390 | 1,000 | ||
| 23 Sep 202423 September 2024 | 2,143 sqft | 2,143,112 | 1,000 | ||
| 18 Sep 202418 September 2024 | 2,288 sqft | 2,475,000 | 1,081 |
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 4th floor
All 92 units in 5th Avenue| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,377 sqft | AED 1.27MAED 1,266,578 · Oct 2023October 2023 | 88,000 /yr | |
| 403 | 1-bed | 818 sqft | AED 814KAED 813,974 · Jun 2023June 2023 | 69,000 /yr | |
| 404 | 1-bed | 1,073 sqft | AED 1.09MAED 1,091,414 · Dec 2023December 2023 | 85,000 /yr | |
| 405 | 3-bed | 2,323 sqft | AED 2.15MAED 2,148,359 · May 2024May 2024 | 170,000 /yr | |
| 406 | 2-bed | 1,398 sqft | AED 1.25MAED 1,250,000 · Oct 2023October 2023 | 100,000 /yr | |
| 407 | 2-bed | 1,394 sqft | AED 1.33MAED 1,331,728 · Nov 2023November 2023 | 77,000 /yr | |
| 408 | 2-bed | 1,294 sqft | AED 1.29MAED 1,285,227 · Sep 2023September 2023 | 71,400 /yr | |
| 409 | 2-bed | 1,302 sqft | AED 1.5MAED 1,500,000 · Jun 2023June 2023 | ||
| 410 | 2-bed | 1,373 sqft | AED 1.21MAED 1,208,384 · Feb 2023February 2023 | 123,000 /yr |
402, 5th Avenue in numbers
- Sold once: by Mr Hussin Meseh Iskandar on 23 May 2024 for AED 1,997,112, or AED 925 per sqft.
- Rented since January 2021 on 4 Ejari contracts, from AED 83,077 to AED 104,904 a year.
- At AED 104,904 a year the gross yield on the 2024 price is 5.3%, before a service charge of about AED 26,800 a year (AED 12.39 per sqft).
Source: Dubai Land Department. Updated 23 May 2024.
Questions about 402, 5th Avenue
What did unit 402 last sell for?
AED 1,997,112 on 23 May 2024, sold by the developer: AED 925 per sqft for 2,159 sqft. It is the only registered sale of the unit.
What is the rent for unit 402?
AED 104,904 a year on the contract renewed on 25 February 2024. The previous contract, from February 2023, was AED 94,500; the unit has been rented since January 2021.
How big is unit 402?
2,159 sqft (200.6 sqm): a three-bedroom apartment on the 4th floor of a 10-storey tower completed in 2020.
What is unit 402 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 402, 5th Avenue
Starts from the last sale price (AED 2M, 23 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,997,112
- Deposit, UAE resident (20%)
- AED 399,422
- Deposit, non-resident (40%)
- AED 798,845
- Monthly over 25 years at 3.7%
- AED 8,171
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →