3-bed · 2,255 sqft5th Avenue, Al Furjan · 6th floor · completed 2020

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.

Unit 602 · DLD and Ejari recordsUpdated 20 February 2024
Last soldAED 2M21 December 2023
Current rentAED 105K /yr20 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, 5th Avenue

What is 602 worth today?

Last sold for AED 1,996,012 in 2023

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20 Feb 2024RentedRenewal
AED 104,709/yr10 months · AED 46 per sqft
21 Dec 2023Sold by developerReady
AED 1,996,012AED 885 per sqft
20 Feb 2023RentedRenewal
AED 97,500/yr12 months · AED 43 per sqft
20 Feb 2022RentedRenewal
AED 94,500/yr12 months · AED 40 per sqft
20 Jan 2021RentedNew contract
AED 83,077/yr13 months · AED 36 per sqft

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

Sales
Unit 602, each saleTypical three-bed in 5th Avenue
2M2.1M202320242025Typical sale price by year: 2023 AED 1,947,100; 2024 AED 2,145,897Sold by developer, December 2023: AED 1,996,012 (AED 885 per sqft)

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

Rents
Unit 602, each contractTypical three-bed in 5th Avenue
100K150K202120232025Typical rent by year: 2021 AED 83,077; 2022 AED 94,500; 2023 AED 97,536; 2024 AED 105,000; 2025 AED 169,996New contract, January 2021: AED 83,077 a yearRenewal, February 2022: AED 94,500 a yearRenewal, February 2023: AED 97,500 a yearRenewal, February 2024: AED 104,709 a year

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 salesUnit no.Price (AED)Summary
7 Oct 20242,143,435
24 Sep 20242,141,390
23 Sep 20242,143,112
18 Sep 20242,475,000
0 3-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 6th floor

All 92 units in 5th Avenue
Value
6012-bedAED 1.6M · Nov 2023
6031-bedAED 918K · Dec 2023
6043-bedAED 2.12M · Jul 2024
6052-bedAED 1.45M · Dec 2023
6062-bedAED 1.33M · Nov 2023
6072-bedAED 1.85M · Feb 2025
6082-bedAED 1.29M · Nov 2023
1–7 of 8

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 →