502, 5th Avenue
Sold prices and rental history: sold once, by the developer in July 2023, 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 502, 5th Avenue
What is 502 worth today?
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Source: Dubai Land Department. Updated 20 July 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 2,186 sqft
- Floor
- 5th of 10
- Parking
- P-47, P-66
- Developer
- Mr Hussin Meseh Iskandar
- Completed
- 2020
- Service charge
- AED 27,100 /yr
- Last sold
- AED 1.86M · July 2023
- Building
- 5th Avenue
About 502, 5th Avenue
502 is a three-bedroom apartment of 2,186 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 20 July 2023 for AED 1,857,786, or AED 850 per sqft.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 20 July 2023, is AED 100,640 a year: a gross yield of 5.4% on the 2023 price, before the service charge of about AED 27,100 a year.
Sales and rents for 502 over time
502 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 502 sits
All 19 3-beds →502's AED 100,640 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 5th floor
All 92 units in 5th Avenue| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,238 sqft | AED 1.21MAED 1,207,352 · Sep 2023September 2023 | 78,000 /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 |
502, 5th Avenue in numbers
- Sold once: by Mr Hussin Meseh Iskandar on 20 July 2023 for AED 1,857,786, or AED 850 per sqft.
- Rented since February 2021 on 4 Ejari contracts, from AED 81,692 to AED 100,640 a year.
- At AED 100,640 a year the gross yield on the 2023 price is 5.4%, before a service charge of about AED 27,100 a year (AED 12.39 per sqft).
Source: Dubai Land Department. Updated 20 July 2023.
Questions about 502, 5th Avenue
What did unit 502 last sell for?
AED 1,857,786 on 20 July 2023, sold by the developer: AED 850 per sqft for 2,186 sqft. It is the only registered sale of the unit.
What is the rent for unit 502?
AED 100,640 a year on the contract signed on 20 July 2023. The previous contract, from March 2023, was AED 100,000; the unit has been rented since February 2021.
How big is unit 502?
2,186 sqft (203.1 sqm): a three-bedroom apartment on the 5th floor of a 10-storey tower completed in 2020.
What is unit 502 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 502, 5th Avenue
Starts from the last sale price (AED 1.86M, 20 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,857,786
- Deposit, UAE resident (20%)
- AED 371,557
- Deposit, non-resident (40%)
- AED 743,114
- Monthly over 25 years at 3.7%
- AED 7,601
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →