709, 5th Avenue
Sold prices and rental history: sold once, by the developer in June 2023, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 709, 5th Avenue
What is 709 worth today?
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Source: Dubai Land Department. Updated 14 December 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,415 sqft
- Floor
- 7th of 10
- Parking
- P-51
- Developer
- Mr Hussin Meseh Iskandar
- Completed
- 2020
- Service charge
- AED 17,500 /yr
- Last sold
- AED 1.27M · June 2023
- Building
- 5th Avenue
About 709, 5th Avenue
709 is a two-bedroom apartment of 1,415 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 15 June 2023 for AED 1,273,628, or AED 900 per sqft, in line with the AED 900 two-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 14 December 2024, is AED 85,000 a year: a gross yield of 6.7% on the 2023 price, before the service charge of about AED 17,500 a year.
Sales and rents for 709 over time
709 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 709 sits
All 60 2-beds →709 last sold in June 2023 at AED 900 per sqft, in line with what two-beds in 5th Avenue were fetching at the time (AED 900). 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. 709's AED 85,000 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 | |
| 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, 5th Avenue in numbers
- Sold once: by Mr Hussin Meseh Iskandar on 15 June 2023 for AED 1,273,628, or AED 900 per sqft.
- Rented since December 2021 on 4 Ejari contracts, from AED 72,000 to AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2023 price is 6.7%, before a service charge of about AED 17,500 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 14 December 2024.
Questions about 709, 5th Avenue
What did unit 709 last sell for?
AED 1,273,628 on 15 June 2023, sold by the developer: AED 900 per sqft for 1,415 sqft. It is the only registered sale of the unit.
What is the rent for unit 709?
AED 85,000 a year on the contract renewed on 14 December 2024. The previous contract, from December 2023, was AED 72,000; the unit has been rented since December 2021.
How big is unit 709?
1,415 sqft (131.5 sqm): a two-bedroom apartment on the 7th floor of a 10-storey tower completed in 2020.
What is unit 709 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 709, 5th Avenue
Starts from the last sale price (AED 1.27M, 15 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,273,628
- Deposit, UAE resident (20%)
- AED 254,726
- Deposit, non-resident (40%)
- AED 509,451
- Monthly over 25 years at 3.7%
- AED 5,211
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →