2-bed · 1,302 sqft5th Avenue, Al Furjan · 4th floor · completed 2020

409, 5th Avenue

Sold prices and rental history: sold once, by the developer in June 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 21 June 2023
Last soldAED 1.5M21 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, 5th Avenue

What is 409 worth today?

Last sold for AED 1,500,000 in 2023

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21 Jun 2023Sold by developerReady
AED 1,500,000AED 1,152 per sqft

Source: Dubai Land Department. Updated 21 June 2023.

Key facts

Type
2-bed apartment
Size
1,302 sqft
Floor
4th of 10
Parking
G-57
Developer
Mr Hussin Meseh Iskandar
Completed
2020
Service charge
AED 16,100 /yr
Last sold
AED 1.5M · June 2023
Building
5th Avenue

About 409, 5th Avenue

409 is a two-bedroom apartment of 1,302 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 21 June 2023 for AED 1,500,000, or AED 1,152 per sqft, 24% above the AED 930 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 409 over time

Sales
Unit 409, 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, June 2023: AED 1,500,000 (AED 1,152 per sqft)

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

Rents
Unit 409, 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 112,500

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 409 sits

All 60 2-beds →

409 last sold in June 2023 at AED 1,152 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.

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
4062-bedAED 1.25M · Oct 2023
4072-bedAED 1.33M · Nov 2023
1–7 of 9

409, 5th Avenue in numbers

  • Sold once: by Mr Hussin Meseh Iskandar on 21 June 2023 for AED 1,500,000, or AED 1,152 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 21 June 2023.

Questions about 409, 5th Avenue

What did unit 409 last sell for?

AED 1,500,000 on 21 June 2023, sold by the developer: AED 1,152 per sqft for 1,302 sqft. It is the only registered sale of the unit.

How big is unit 409?

1,302 sqft (121.0 sqm): a two-bedroom apartment on the 4th floor of a 10-storey tower completed in 2020.

What is unit 409 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 409, 5th Avenue

Starts from the last sale price (AED 1.5M, 21 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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