704, 5th Avenue
Sold prices and rental history: sold once, by the developer in September 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 704, 5th Avenue
What is 704 worth today?
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Source: Dubai Land Department. Updated 24 September 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 2,141 sqft
- Floor
- 7th of 10
- Parking
- P-39, P-40
- Developer
- Mr Hussin Meseh Iskandar
- Completed
- 2020
- Service charge
- AED 26,500 /yr
- Last sold
- AED 2.14M · September 2024
- Building
- 5th Avenue
About 704, 5th Avenue
704 is a three-bedroom apartment of 2,141 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 24 September 2024 for AED 2,141,390, or AED 1,000 per sqft, 6% above the AED 945 three-beds in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 10 April 2023, is AED 94,500 a year: a gross yield of 4.4% on the 2024 price, before the service charge of about AED 26,500 a year.
Sales and rents for 704 over time
704 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 704 sits
All 19 3-beds →704 last sold in September 2024 at AED 1,000 per sqft, 6% above what three-beds in 5th Avenue were fetching at the time (AED 945). 704's AED 94,500 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 | ||
| 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 | ||
| 8 Aug 20248 August 2024 | 2,990 sqft | 2,450,000 | 819 |
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 7th floor
All 92 units in 5th Avenue| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,420 sqft | AED 1.35MAED 1,350,000 · Aug 2023August 2023 | 130,000 /yr | |
| 702 | 3-bed | 2,193 sqft | AED 2.05MAED 2,050,006 · Mar 2024March 2024 | 170,000 /yr | |
| 703 | 1-bed | 818 sqft | AED 777KAED 776,956 · Jan 2023January 2023 | 70,000 /yr | |
| 705 | 2-bed | 1,398 sqft | AED 1.31MAED 1,306,952 · Dec 2023December 2023 | 77,000 /yr | |
| 706 | 2-bed | 1,395 sqft | AED 1.33MAED 1,332,645 · Nov 2023November 2023 | 112,500 /yr | |
| 707 | 2-bed | 1,386 sqft | AED 1.27MAED 1,271,719 · Aug 2023August 2023 | 127,001 /yr | |
| 708 | 2-bed | 1,351 sqft | AED 1.22MAED 1,216,085 · Jan 2023January 2023 | 73,000 /yr | |
| 709 | 2-bed | 1,415 sqft | AED 1.27MAED 1,273,628 · Jun 2023June 2023 | 85,000 /yr |
704, 5th Avenue in numbers
- Sold once: by Mr Hussin Meseh Iskandar on 24 September 2024 for AED 2,141,390, or AED 1,000 per sqft.
- Rented since March 2021 on 3 Ejari contracts, from AED 83,077 to AED 94,500 a year.
- At AED 94,500 a year the gross yield on the 2024 price is 4.4%, before a service charge of about AED 26,500 a year (AED 12.39 per sqft).
Source: Dubai Land Department. Updated 24 September 2024.
Questions about 704, 5th Avenue
What did unit 704 last sell for?
AED 2,141,390 on 24 September 2024, sold by the developer: AED 1,000 per sqft for 2,141 sqft. It is the only registered sale of the unit.
What is the rent for unit 704?
AED 94,500 a year on the contract signed on 10 April 2023. The previous contract, from April 2022, was AED 94,500; the unit has been rented since March 2021.
How big is unit 704?
2,141 sqft (198.9 sqm): a three-bedroom apartment on the 7th floor of a 10-storey tower completed in 2020.
What is unit 704 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 704, 5th Avenue
Starts from the last sale price (AED 2.14M, 24 September 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,141,390
- Deposit, UAE resident (20%)
- AED 428,278
- Deposit, non-resident (40%)
- AED 856,556
- Monthly over 25 years at 3.7%
- AED 8,761
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →