501, 5th Avenue
Sold prices and rental history: sold once, by the developer in September 2023, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, 5th Avenue
What is 501 worth today?
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Source: Dubai Land Department. Updated 18 September 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,238 sqft
- Floor
- 5th of 10
- Parking
- G-59
- Developer
- Mr Hussin Meseh Iskandar
- Completed
- 2020
- Service charge
- AED 15,300 /yr
- Last sold
- AED 1.21M · September 2023
- Building
- 5th Avenue
About 501, 5th Avenue
501 is a two-bedroom apartment of 1,238 sqft on the 5th floor of 5th Avenue, a 10-storey tower in Al Furjan completed in 2020 by Mr Hussin Meseh Iskandar. The developer sold it on 18 September 2023 for AED 1,207,352, or AED 975 per sqft, 6% above the AED 924 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 June 2023, is AED 78,000 a year: a gross yield of 6.5% on the 2023 price, before the service charge of about AED 15,300 a year.
Sales and rents for 501 over time
501 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 501 sits
All 60 2-beds →501 last sold in September 2023 at AED 975 per sqft, 6% above what two-beds in 5th Avenue were fetching at the time (AED 924). 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. 501's AED 78,000 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 5th floor
All 92 units in 5th Avenue| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 3-bed | 2,186 sqft | AED 1.86MAED 1,857,786 · Jul 2023July 2023 | 100,640 /yr | |
| 503 | 1-bed | 818 sqft | AED 885KAED 885,000 · Oct 2026October 2026 | 80,000 /yr | |
| 504 | 3-bed | 3,226 sqft | AED 2.32MAED 2,322,389 · May 2024May 2024 | 150,000 /yr | |
| 505 | 2-bed | 1,398 sqft | AED 1.27MAED 1,272,900 · Nov 2023November 2023 | 73,500 /yr | |
| 506 | 2-bed | 1,395 sqft | AED 1.3MAED 1,297,764 · Apr 2023April 2023 | 94,500 /yr | |
| 507 | 2-bed | 1,295 sqft | AED 1.35MAED 1,350,000 · Jan 2024January 2024 | 105,000 /yr | |
| 508 | 2-bed | 1,304 sqft | AED 1.43MAED 1,430,000 · Sep 2024September 2024 | 96,000 /yr | |
| 509 | 2-bed | 1,235 sqft | AED 1.8MAED 1,800,000 · Jan 2026January 2026 | 100,000 /yr |
501, 5th Avenue in numbers
- Sold once: by Mr Hussin Meseh Iskandar on 18 September 2023 for AED 1,207,352, or AED 975 per sqft.
- Rented since June 2022 on 2 Ejari contracts, from AED 75,000 to AED 78,000 a year.
- At AED 78,000 a year the gross yield on the 2023 price is 6.5%, before a service charge of about AED 15,300 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 18 September 2023.
Questions about 501, 5th Avenue
What did unit 501 last sell for?
AED 1,207,352 on 18 September 2023, sold by the developer: AED 975 per sqft for 1,238 sqft. It is the only registered sale of the unit.
What is the rent for unit 501?
AED 78,000 a year on the contract renewed on 1 June 2023. The previous contract, from June 2022, was AED 75,000.
How big is unit 501?
1,238 sqft (115.0 sqm): a two-bedroom apartment on the 5th floor of a 10-storey tower completed in 2020.
What is unit 501 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 501, 5th Avenue
Starts from the last sale price (AED 1.21M, 18 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,207,352
- Deposit, UAE resident (20%)
- AED 241,470
- Deposit, non-resident (40%)
- AED 482,941
- Monthly over 25 years at 3.7%
- AED 4,940
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →