2-bed · 1,420 sqft5th Avenue, Al Furjan · 7th floor · completed 2020

701, 5th Avenue

Sold prices and rental history: sold once, by the developer in August 2023, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 1.35M14 August 2023
Current rentAED 130K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, 5th Avenue

What is 701 worth today?

Last sold for AED 1,350,000 in 2023

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1 Feb 2026RentedRenewal
AED 130,000/yr12 months · AED 92 per sqft
1 Feb 2025RentedNew contract
AED 130,000/yr12 months · AED 92 per sqft
20 Dec 2023RentedNew contract
AED 75,600/yr12 months · AED 53 per sqft
14 Aug 2023Sold by developerReady
AED 1,350,000AED 951 per sqft
14 Aug 2023RentedNew contract
AED 72,254/yr4 months · AED 51 per sqft
20 Dec 2022RentedRenewal
AED 72,000/yr12 months · AED 51 per sqft
20 Dec 2021RentedNew contract
AED 72,000/yr12 months · AED 49 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
2-bed apartment
Size
1,420 sqft
Floor
7th of 10
Parking
P-28
Developer
Mr Hussin Meseh Iskandar
Completed
2020
Service charge
AED 17,600 /yr
Last sold
AED 1.35M · August 2023
Building
5th Avenue

About 701, 5th Avenue

701 is a two-bedroom apartment of 1,420 sqft on the 7th floor of 5th Avenue, a 10-storey tower in Al Furjan completed in 2020 by Mr Hussin Meseh Iskandar. The developer sold it on 14 August 2023 for AED 1,350,000, or AED 951 per sqft, in line with the AED 930 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, renewed on 1 February 2026, is AED 130,000 a year: a gross yield of 9.6% on the 2023 price, before the service charge of about AED 17,600 a year.

Sales and rents for 701 over time

Sales
Unit 701, 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, August 2023: AED 1,350,000 (AED 951 per sqft)

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

Rents
Unit 701, 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, December 2021: AED 72,000 a yearRenewal, December 2022: AED 72,000 a yearNew contract, August 2023: AED 72,254 a yearNew contract, December 2023: AED 75,600 a yearNew contract, February 2025: AED 130,000 a yearRenewal, February 2026: AED 130,000 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 701 sits

All 60 2-beds →

701 last sold in August 2023 at AED 951 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. 701's AED 130,000 is in the upper 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 7th floor

All 92 units in 5th Avenue
Value
7023-bedAED 2.05M · Mar 2024
7031-bedAED 777K · Jan 2023
7043-bedAED 2.14M · Sep 2024
7052-bedAED 1.31M · Dec 2023
7062-bedAED 1.33M · Nov 2023
7072-bedAED 1.27M · Aug 2023
7082-bedAED 1.22M · Jan 2023
1–7 of 8

701, 5th Avenue in numbers

  • Sold once: by Mr Hussin Meseh Iskandar on 14 August 2023 for AED 1,350,000, or AED 951 per sqft.
  • Rented since December 2021 on 6 Ejari contracts, from AED 72,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2023 price is 9.6%, before a service charge of about AED 17,600 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 1 February 2026.

Questions about 701, 5th Avenue

What did unit 701 last sell for?

AED 1,350,000 on 14 August 2023, sold by the developer: AED 951 per sqft for 1,420 sqft. It is the only registered sale of the unit.

What is the rent for unit 701?

AED 130,000 a year on the contract renewed on 1 February 2026. The previous contract, from February 2025, was AED 130,000; the unit has been rented since December 2021.

How big is unit 701?

1,420 sqft (131.9 sqm): a two-bedroom apartment on the 7th floor of a 10-storey tower completed in 2020.

What is unit 701 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 701, 5th Avenue

Starts from the last sale price (AED 1.35M, 14 August 2023). 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 →