505, 5th Avenue
Sold prices and rental history: sold once, by the developer in November 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, 5th Avenue
What is 505 worth today?
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Source: Dubai Land Department. Updated 24 November 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,398 sqft
- Floor
- 5th of 10
- Parking
- G-67
- Developer
- Mr Hussin Meseh Iskandar
- Completed
- 2020
- Service charge
- AED 17,300 /yr
- Last sold
- AED 1.27M · November 2023
- Building
- 5th Avenue
About 505, 5th Avenue
505 is a two-bedroom apartment of 1,398 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 24 November 2023 for AED 1,272,900, or AED 910 per sqft, in line with the AED 930 two-beds in the building were fetching at the time.
It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 20 December 2022, is AED 73,500 a year: a gross yield of 5.8% on the 2023 price, before the service charge of about AED 17,300 a year.
Sales and rents for 505 over time
505 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 505 sits
All 60 2-beds →505 last sold in November 2023 at AED 910 per sqft, in line with 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. 505's AED 73,500 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 | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,238 sqft | AED 1.21MAED 1,207,352 · Sep 2023September 2023 | 78,000 /yr | |
| 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 | |
| 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 |
505, 5th Avenue in numbers
- Sold once: by Mr Hussin Meseh Iskandar on 24 November 2023 for AED 1,272,900, or AED 910 per sqft.
- Rented since December 2021 on 2 Ejari contracts, from AED 70,000 to AED 73,500 a year.
- At AED 73,500 a year the gross yield on the 2023 price is 5.8%, 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 24 November 2023.
Questions about 505, 5th Avenue
What did unit 505 last sell for?
AED 1,272,900 on 24 November 2023, sold by the developer: AED 910 per sqft for 1,398 sqft. It is the only registered sale of the unit.
What is the rent for unit 505?
AED 73,500 a year on the contract renewed on 20 December 2022. The previous contract, from December 2021, was AED 70,000.
How big is unit 505?
1,398 sqft (129.9 sqm): a two-bedroom apartment on the 5th floor of a 10-storey tower completed in 2020.
What is unit 505 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 505, 5th Avenue
Starts from the last sale price (AED 1.27M, 24 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,272,900
- Deposit, UAE resident (20%)
- AED 254,580
- Deposit, non-resident (40%)
- AED 509,160
- Monthly over 25 years at 3.7%
- AED 5,208
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →