2-bed · 1,295 sqft5th Avenue, Al Furjan · 5th floor · completed 2020

507, 5th Avenue

Sold prices and rental history: sold once, by the developer in January 2024, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 5 September 2026
Last soldAED 1.35M25 January 2024
Current rentAED 105K /yr5 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, 5th Avenue

What is 507 worth today?

Last sold for AED 1,350,000 in 2024

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5 Sep 2026RentedNew contract
AED 105,000/yr12 months · AED 81 per sqft
1 Aug 2025RentedNew contract
AED 110,000/yr12 months · AED 85 per sqft
1 Aug 2025RentedNew contract
AED 110,000/yr12 months · AED 85 per sqft
1 Aug 2025RentedNew contract
AED 110,000/yr12 months · AED 85 per sqft
1 Aug 2024RentedNew contract
AED 125,000/yr12 months · AED 96 per sqft
23 Jul 2024RentedRenewal
AED 76,500/yr8 months · AED 59 per sqft
25 Jan 2024Sold by developerReady
AED 1,350,000AED 1,042 per sqft
9 Jul 2023RentedRenewal
AED 70,352/yr12 months · AED 54 per sqft

Source: Dubai Land Department. Updated 5 September 2026.

Key facts

Type
2-bed apartment
Size
1,295 sqft
Floor
5th of 10
Parking
P-02
Developer
Mr Hussin Meseh Iskandar
Completed
2020
Service charge
AED 16,000 /yr
Last sold
AED 1.35M · January 2024
Building
5th Avenue

About 507, 5th Avenue

507 is a two-bedroom apartment of 1,295 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 25 January 2024 for AED 1,350,000, or AED 1,042 per sqft, 11% above the AED 935 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 8 Ejari contracts. The current contract, signed on 5 September 2026, is AED 105,000 a year: a gross yield of 7.8% on the 2024 price, before the service charge of about AED 16,000 a year.

Sales and rents for 507 over time

Sales
Unit 507, 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, January 2024: AED 1,350,000 (AED 1,042 per sqft)

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

Rents
Unit 507, each contractTypical two-bed in 5th Avenue
100K2021202320252027Typical 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, July 2022: AED 73,000 a yearRenewal, July 2023: AED 70,352 a yearRenewal, July 2024: AED 76,500 a yearNew contract, August 2024: AED 125,000 a yearNew contract, August 2025: AED 110,000 a yearNew contract, August 2025: AED 110,000 a yearNew contract, August 2025: AED 110,000 a yearNew contract, September 2026: AED 105,000 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 507 sits

All 60 2-beds →

507 last sold in January 2024 at AED 1,042 per sqft, 11% above what two-beds in 5th Avenue were fetching at the time (AED 935). 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. 507's AED 105,000 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 5th floor

All 92 units in 5th Avenue
Value
5012-bedAED 1.21M · Sep 2023
5023-bedAED 1.86M · Jul 2023
5031-bedAED 885K · Oct 2026
5043-bedAED 2.32M · May 2024
5052-bedAED 1.27M · Nov 2023
5062-bedAED 1.3M · Apr 2023
5082-bedAED 1.43M · Sep 2024
1–7 of 8

507, 5th Avenue in numbers

  • Sold once: by Mr Hussin Meseh Iskandar on 25 January 2024 for AED 1,350,000, or AED 1,042 per sqft.
  • Rented since July 2022 on 8 Ejari contracts, from AED 73,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2024 price is 7.8%, before a service charge of about AED 16,000 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 5 September 2026.

Questions about 507, 5th Avenue

What did unit 507 last sell for?

AED 1,350,000 on 25 January 2024, sold by the developer: AED 1,042 per sqft for 1,295 sqft. It is the only registered sale of the unit.

What is the rent for unit 507?

AED 105,000 a year on the contract signed on 5 September 2026. The previous contract, from August 2025, was AED 110,000; the unit has been rented since July 2022.

How big is unit 507?

1,295 sqft (120.3 sqm): a two-bedroom apartment on the 5th floor of a 10-storey tower completed in 2020.

What is unit 507 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 507, 5th Avenue

Starts from the last sale price (AED 1.35M, 25 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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