2-bed · 1,398 sqft5th Avenue, Al Furjan · 6th floor · completed 2020

605, 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 605 · DLD and Ejari recordsUpdated 7 December 2023
Last soldAED 1.45M7 December 2023
Current rentAED 77K /yr7 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 605, 5th Avenue

What is 605 worth today?

Last sold for AED 1,450,000 in 2023

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7 Dec 2023Sold by developerReady
AED 1,450,000AED 1,037 per sqft
7 Dec 2023RentedNew contract
AED 77,022/yr9 months · AED 55 per sqft
19 Sep 2023RentedRenewal
AED 77,000/yr12 months · AED 55 per sqft
19 Sep 2022RentedRenewal
AED 72,000/yr12 months · AED 52 per sqft
19 Sep 2021RentedNew contract
AED 72,000/yr12 months · AED 50 per sqft

Source: Dubai Land Department. Updated 7 December 2023.

Key facts

Type
2-bed apartment
Size
1,398 sqft
Floor
6th of 10
Parking
P-07
Developer
Mr Hussin Meseh Iskandar
Completed
2020
Service charge
AED 17,300 /yr
Last sold
AED 1.45M · December 2023
Building
5th Avenue

About 605, 5th Avenue

605 is a two-bedroom apartment of 1,398 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 7 December 2023 for AED 1,450,000, or AED 1,037 per sqft, 12% above the AED 930 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 7 December 2023, is AED 77,022 a year: a gross yield of 5.3% on the 2023 price, before the service charge of about AED 17,300 a year.

Sales and rents for 605 over time

Sales
Unit 605, 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, December 2023: AED 1,450,000 (AED 1,037 per sqft)

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

Rents
Unit 605, each contractTypical two-bed in 5th Avenue
75K100K2021202320252027Typical 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, September 2021: AED 72,000 a yearRenewal, September 2022: AED 72,000 a yearRenewal, September 2023: AED 77,000 a yearNew contract, December 2023: AED 77,022 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 605 sits

All 60 2-beds →

605 last sold in December 2023 at AED 1,037 per sqft, 12% above 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. 605's AED 77,022 is at the bottom 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 6th floor

All 92 units in 5th Avenue
Value
6012-bedAED 1.6M · Nov 2023
6023-bedAED 2M · Dec 2023
6031-bedAED 918K · Dec 2023
6043-bedAED 2.12M · Jul 2024
6062-bedAED 1.33M · Nov 2023
6072-bedAED 1.85M · Feb 2025
6082-bedAED 1.29M · Nov 2023
1–7 of 8

605, 5th Avenue in numbers

  • Sold once: by Mr Hussin Meseh Iskandar on 7 December 2023 for AED 1,450,000, or AED 1,037 per sqft.
  • Rented since September 2021 on 4 Ejari contracts, from AED 72,000 to AED 77,022 a year.
  • At AED 77,022 a year the gross yield on the 2023 price is 5.3%, 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 7 December 2023.

Questions about 605, 5th Avenue

What did unit 605 last sell for?

AED 1,450,000 on 7 December 2023, sold by the developer: AED 1,037 per sqft for 1,398 sqft. It is the only registered sale of the unit.

What is the rent for unit 605?

AED 77,022 a year on the contract signed on 7 December 2023. The previous contract, from September 2023, was AED 77,000; the unit has been rented since September 2021.

How big is unit 605?

1,398 sqft (129.9 sqm): a two-bedroom apartment on the 6th floor of a 10-storey tower completed in 2020.

What is unit 605 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 605, 5th Avenue

Starts from the last sale price (AED 1.45M, 7 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

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