2-bed · 1,398 sqft5th Avenue, Al Furjan · 4th floor · completed 2020

406, 5th Avenue

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

Unit 406 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 1.25M23 October 2023
Current rentAED 100K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, 5th Avenue

What is 406 worth today?

Last sold for AED 1,250,000 in 2023

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1 Oct 2026RentedNew contract
AED 100,000/yr12 months · AED 72 per sqft
27 Sep 2025RentedNew contract
AED 116,000/yr12 months · AED 83 per sqft
1 Sep 2024RentedRenewal
AED 90,000/yr12 months · AED 64 per sqft
23 Oct 2023Sold by developerReady
AED 1,250,000AED 894 per sqft
23 Oct 2023RentedNew contract
AED 76,244/yr10 months · AED 55 per sqft
1 Sep 2023RentedRenewal
AED 76,000/yr12 months · AED 54 per sqft
1 Sep 2022RentedRenewal
AED 71,400/yr12 months · AED 51 per sqft
1 Sep 2021RentedNew contract
AED 68,000/yr12 months · AED 47 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
2-bed apartment
Size
1,398 sqft
Floor
4th of 10
Parking
G-54
Developer
Mr Hussin Meseh Iskandar
Completed
2020
Service charge
AED 17,300 /yr
Last sold
AED 1.25M · October 2023
Building
5th Avenue

About 406, 5th Avenue

406 is a two-bedroom apartment of 1,398 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 October 2023 for AED 1,250,000, or AED 894 per sqft, 4% below the AED 930 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 7 Ejari contracts. The current contract, signed on 1 October 2026, is AED 100,000 a year: a gross yield of 8.0% on the 2023 price, before the service charge of about AED 17,300 a year.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical two-bed in 5th Avenue
1.2M1.4M1.6M20232024202520262027Typical sale price by year: 2023 AED 1,278,950; 2024 AED 1,339,622; 2026 AED 1,600,000Sold by developer, October 2023: AED 1,250,000 (AED 894 per sqft)

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

Rents
Unit 406, 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, September 2021: AED 68,000 a yearRenewal, September 2022: AED 71,400 a yearRenewal, September 2023: AED 76,000 a yearNew contract, October 2023: AED 76,244 a yearRenewal, September 2024: AED 90,000 a yearNew contract, September 2025: AED 116,000 a yearNew contract, October 2026: AED 100,000 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 406 sits

All 60 2-beds →

406 last sold in October 2023 at AED 894 per sqft, 4% below 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. 406's AED 100,000 is in the lower half 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 4th floor

All 92 units in 5th Avenue
Value
4012-bedAED 1.27M · Oct 2023
4023-bedAED 2M · May 2024
4031-bedAED 814K · Jun 2023
4041-bedAED 1.09M · Dec 2023
4053-bedAED 2.15M · May 2024
4072-bedAED 1.33M · Nov 2023
4082-bedAED 1.29M · Sep 2023
1–7 of 9

406, 5th Avenue in numbers

  • Sold once: by Mr Hussin Meseh Iskandar on 23 October 2023 for AED 1,250,000, or AED 894 per sqft.
  • Rented since September 2021 on 7 Ejari contracts, from AED 68,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2023 price is 8.0%, 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 1 October 2026.

Questions about 406, 5th Avenue

What did unit 406 last sell for?

AED 1,250,000 on 23 October 2023, sold by the developer: AED 894 per sqft for 1,398 sqft. It is the only registered sale of the unit.

What is the rent for unit 406?

AED 100,000 a year on the contract signed on 1 October 2026. The previous contract, from September 2025, was AED 116,000; the unit has been rented since September 2021.

How big is unit 406?

1,398 sqft (129.9 sqm): a two-bedroom apartment on the 4th floor of a 10-storey tower completed in 2020.

What is unit 406 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 406, 5th Avenue

Starts from the last sale price (AED 1.25M, 23 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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