2-bed · 1,395 sqft5th Avenue, Al Furjan · 8th floor · completed 2020

806, 5th Avenue

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

Unit 806 · DLD and Ejari recordsUpdated 31 May 2023
Last soldAED 1.3M31 May 2023
Current rentAED 71K /yr12 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 806, 5th Avenue

What is 806 worth today?

Last sold for AED 1,297,763 in 2023

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31 May 2023Sold by developerReady
AED 1,297,763AED 930 per sqft
12 Sep 2022RentedRenewal
AED 71,400/yr12 months · AED 51 per sqft
12 Sep 2021RentedNew contract
AED 68,000/yr12 months · AED 47 per sqft

Source: Dubai Land Department. Updated 31 May 2023.

Key facts

Type
2-bed apartment
Size
1,395 sqft
Floor
8th of 10
Parking
P-55
Developer
Mr Hussin Meseh Iskandar
Completed
2020
Service charge
AED 17,300 /yr
Last sold
AED 1.3M · May 2023
Building
5th Avenue

About 806, 5th Avenue

806 is a two-bedroom apartment of 1,395 sqft on the 8th floor of 5th Avenue, a 10-storey tower in Al Furjan completed in 2020 by Mr Hussin Meseh Iskandar. The developer sold it on 31 May 2023 for AED 1,297,763, or AED 930 per sqft, in line with the AED 915 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 12 September 2022, is AED 71,400 a year: a gross yield of 5.5% on the 2023 price, before the service charge of about AED 17,300 a year.

Sales and rents for 806 over time

Sales
Unit 806, 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, May 2023: AED 1,297,763 (AED 930 per sqft)

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

Rents
Unit 806, 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 68,000 a yearRenewal, September 2022: AED 71,400 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 806 sits

All 60 2-beds →

806 last sold in May 2023 at AED 930 per sqft, in line with what two-beds in 5th Avenue were fetching at the time (AED 915). 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. 806's AED 71,400 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 8th floor

All 92 units in 5th Avenue
Value
8012-bedAED 1.6M · Oct 2023
8023-bedAED 2.48M · Sep 2024
8031-bedAED 814K · Dec 2023
8043-bedAED 2.14M · Sep 2024
8052-bedAED 1.31M · Feb 2024
8072-bedAED 1.25M · Aug 2023
8082-bedAED 1.65M · Jan 2024
1–7 of 8

806, 5th Avenue in numbers

  • Sold once: by Mr Hussin Meseh Iskandar on 31 May 2023 for AED 1,297,763, or AED 930 per sqft.
  • Rented since September 2021 on 2 Ejari contracts, from AED 68,000 to AED 71,400 a year.
  • At AED 71,400 a year the gross yield on the 2023 price is 5.5%, 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 31 May 2023.

Questions about 806, 5th Avenue

What did unit 806 last sell for?

AED 1,297,763 on 31 May 2023, sold by the developer: AED 930 per sqft for 1,395 sqft. It is the only registered sale of the unit.

What is the rent for unit 806?

AED 71,400 a year on the contract renewed on 12 September 2022. The previous contract, from September 2021, was AED 68,000.

How big is unit 806?

1,395 sqft (129.6 sqm): a two-bedroom apartment on the 8th floor of a 10-storey tower completed in 2020.

What is unit 806 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 806, 5th Avenue

Starts from the last sale price (AED 1.3M, 31 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,297,763
Deposit, UAE resident (20%)
AED 259,553
Deposit, non-resident (40%)
AED 519,105
Monthly over 25 years at 3.7%
AED 5,310

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