705, 5th Avenue
Sold prices and rental history: sold once, by the developer in December 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 705, 5th Avenue
What is 705 worth today?
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Source: Dubai Land Department. Updated 26 December 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,398 sqft
- Floor
- 7th of 10
- Parking
- P-33
- Developer
- Mr Hussin Meseh Iskandar
- Completed
- 2020
- Service charge
- AED 17,300 /yr
- Last sold
- AED 1.31M · December 2023
- Building
- 5th Avenue
About 705, 5th Avenue
705 is a two-bedroom apartment of 1,398 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 26 December 2023 for AED 1,306,952, or AED 935 per sqft, in line with the AED 935 two-beds in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 28 November 2023, is AED 77,000 a year: a gross yield of 5.9% on the 2023 price, before the service charge of about AED 17,300 a year.
Sales and rents for 705 over time
705 has sold once; the dashed line is the two-bed median of each year in the building.
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 705 sits
All 60 2-beds →705 last sold in December 2023 at AED 935 per sqft, in line with what two-beds in 5th Avenue were fetching at the time (AED 935). 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. 705's AED 77,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Nov 20263 November 2026 | 1,370 sqft | 1,600,000 | 1,168 | ||
| 16 Oct 202616 October 2026 | 1,398 sqft | 1,600,000 | 1,144 | ||
| 27 Jan 202627 January 2026 | 1,235 sqft | 1,800,000 | 1,457 | ||
| 2 Sep 20252 September 2025 | 1,397 sqft | 1,700,000 | 1,216 |
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 | |
| 704 | 3-bed | 2,141 sqft | AED 2.14MAED 2,141,390 · Sep 2024September 2024 | 94,500 /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 |
705, 5th Avenue in numbers
- Sold once: by Mr Hussin Meseh Iskandar on 26 December 2023 for AED 1,306,952, or AED 935 per sqft.
- Rented since November 2021 on 3 Ejari contracts, from AED 72,000 to AED 77,000 a year.
- At AED 77,000 a year the gross yield on the 2023 price is 5.9%, 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 26 December 2023.
Questions about 705, 5th Avenue
What did unit 705 last sell for?
AED 1,306,952 on 26 December 2023, sold by the developer: AED 935 per sqft for 1,398 sqft. It is the only registered sale of the unit.
What is the rent for unit 705?
AED 77,000 a year on the contract renewed on 28 November 2023. The previous contract, from November 2022, was AED 72,000; the unit has been rented since November 2021.
How big is unit 705?
1,398 sqft (129.9 sqm): a two-bedroom apartment on the 7th floor of a 10-storey tower completed in 2020.
What is unit 705 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 705, 5th Avenue
Starts from the last sale price (AED 1.31M, 26 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,306,952
- Deposit, UAE resident (20%)
- AED 261,390
- Deposit, non-resident (40%)
- AED 522,781
- Monthly over 25 years at 3.7%
- AED 5,347
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →