
602, 5th Avenue
Sold prices and rental history: sold once, by the developer in December 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 602, 5th Avenue
What is 602 worth today?
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Source: Dubai Land Department. Updated 20 February 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,255 sqft
- Floor
- 6th of 10
- Parking
- P-49, P-64
- Developer
- Mr Hussin Meseh Iskandar
- Completed
- 2020
- Service charge
- AED 27,900 /yr
- Last sold
- AED 2M · December 2023
- Building
- 5th Avenue
About 602, 5th Avenue
602 is a three-bedroom apartment of 2,255 sqft on the 6th 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 December 2023 for AED 1,996,012, or AED 885 per sqft, in line with the AED 868 three-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 20 February 2024, is AED 104,709 a year: a gross yield of 5.3% on the 2023 price, before the service charge of about AED 27,900 a year.
Sales and rents for 602 over time
602 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 602 sits
All 19 3-beds →602 last sold in December 2023 at AED 885 per sqft, in line with what three-beds in 5th Avenue were fetching at the time (AED 868). 602's AED 104,709 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 6th floor
All 92 units in 5th Avenue| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 2-bed | 1,370 sqft | AED 1.6MAED 1,600,000 · Nov 2023November 2023 | 120,000 /yr | |
| 603 | 1-bed | 818 sqft | AED 918KAED 917,987 · Dec 2023December 2023 | 70,000 /yr | |
| 604 | 3-bed | 2,143 sqft | AED 2.12MAED 2,121,788 · Jul 2024July 2024 | 94,500 /yr | |
| 605 | 2-bed | 1,398 sqft | AED 1.45MAED 1,450,000 · Dec 2023December 2023 | 77,022 /yr | |
| 606 | 2-bed | 1,395 sqft | AED 1.33MAED 1,325,668 · Nov 2023November 2023 | 68,000 /yr | |
| 607 | 2-bed | 1,383 sqft | AED 1.85MAED 1,850,000 · Feb 2025February 2025 | 146,460 /yr | |
| 608 | 2-bed | 1,340 sqft | AED 1.29MAED 1,286,717 · Nov 2023November 2023 | 100,000 /yr | |
| 609 | 2-bed | 1,368 sqft | AED 1.36MAED 1,356,029 · Nov 2023November 2023 | 71,400 /yr |
602, 5th Avenue in numbers
- Sold once: by Mr Hussin Meseh Iskandar on 21 December 2023 for AED 1,996,012, or AED 885 per sqft.
- Rented since January 2021 on 4 Ejari contracts, from AED 83,077 to AED 104,709 a year.
- At AED 104,709 a year the gross yield on the 2023 price is 5.3%, before a service charge of about AED 27,900 a year (AED 12.39 per sqft).
Source: Dubai Land Department. Updated 20 February 2024.
Questions about 602, 5th Avenue
What did unit 602 last sell for?
AED 1,996,012 on 21 December 2023, sold by the developer: AED 885 per sqft for 2,255 sqft. It is the only registered sale of the unit.
What is the rent for unit 602?
AED 104,709 a year on the contract renewed on 20 February 2024. The previous contract, from February 2023, was AED 97,500; the unit has been rented since January 2021.
How big is unit 602?
2,255 sqft (209.5 sqm): a three-bedroom apartment on the 6th floor of a 10-storey tower completed in 2020.
What is unit 602 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 602, 5th Avenue
Starts from the last sale price (AED 2M, 21 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,996,012
- Deposit, UAE resident (20%)
- AED 399,202
- Deposit, non-resident (40%)
- AED 798,405
- Monthly over 25 years at 3.7%
- AED 8,166
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →