3-bed · 2,243 sqft5th Avenue, Al Furjan · 9th floor · completed 2020

902, 5th Avenue

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

Unit 902 · DLD and Ejari recordsUpdated 20 February 2024
Last soldAED 2M27 September 2023
Current rentAED 102K /yr20 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 902, 5th Avenue

What is 902 worth today?

Last sold for AED 2,000,000 in 2023

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20 Feb 2024RentedRenewal
AED 102,382/yr8 months · AED 46 per sqft
27 Sep 2023Sold by developerReady
AED 2,000,000AED 891 per sqft
27 Sep 2023RentedNew contract
AED 97,501/yr5 months · AED 43 per sqft
20 Feb 2023RentedRenewal
AED 97,500/yr12 months · AED 43 per sqft
20 Feb 2022RentedRenewal
AED 96,600/yr12 months · AED 42 per sqft
20 Jan 2021RentedNew contract
AED 84,923/yr13 months · AED 37 per sqft

Source: Dubai Land Department. Updated 20 February 2024.

Key facts

Type
3-bed apartment
Size
2,243 sqft
Floor
9th of 10
Parking
P-12, P-13
Developer
Mr Hussin Meseh Iskandar
Completed
2020
Service charge
AED 27,800 /yr
Last sold
AED 2M · September 2023
Building
5th Avenue

About 902, 5th Avenue

902 is a three-bedroom apartment of 2,243 sqft on the 9th floor of 5th Avenue, a 10-storey tower in Al Furjan completed in 2020 by Mr Hussin Meseh Iskandar. The developer sold it on 27 September 2023 for AED 2,000,000, or AED 891 per sqft, 5% above the AED 850 three-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, renewed on 20 February 2024, is AED 102,382 a year: a gross yield of 5.1% on the 2023 price, before the service charge of about AED 27,800 a year.

Sales and rents for 902 over time

Sales
Unit 902, each saleTypical three-bed in 5th Avenue
2M2.1M202320242025Typical sale price by year: 2023 AED 1,947,100; 2024 AED 2,145,897Sold by developer, September 2023: AED 2,000,000 (AED 891 per sqft)

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

Rents
Unit 902, each contractTypical three-bed in 5th Avenue
100K150K202120232025Typical rent by year: 2021 AED 83,077; 2022 AED 94,500; 2023 AED 97,536; 2024 AED 105,000; 2025 AED 169,996New contract, January 2021: AED 84,923 a yearRenewal, February 2022: AED 96,600 a yearRenewal, February 2023: AED 97,500 a yearNew contract, September 2023: AED 97,501 a yearRenewal, February 2024: AED 102,382 a year

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 902 sits

All 19 3-beds →

902 last sold in September 2023 at AED 891 per sqft, 5% above what three-beds in 5th Avenue were fetching at the time (AED 850). 902's AED 102,382 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
7 Oct 20242,143,435
24 Sep 20242,141,390
23 Sep 20242,143,112
18 Sep 20242,475,000
0 3-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 9th floor

All 92 units in 5th Avenue
Value
9012-bedAED 1.25M · Oct 2023
9031-bedAED 777K · Jan 2023
9043-bedAED 2.14M · Oct 2024
9052-bedAED 1.28M · Oct 2023
9062-bedAED 1.33M · Dec 2023
9072-bedAED 1.2M · May 2023
9082-bedAED 1.24M · Jul 2023
1–7 of 8

902, 5th Avenue in numbers

  • Sold once: by Mr Hussin Meseh Iskandar on 27 September 2023 for AED 2,000,000, or AED 891 per sqft.
  • Rented since January 2021 on 5 Ejari contracts, from AED 84,923 to AED 102,382 a year.
  • At AED 102,382 a year the gross yield on the 2023 price is 5.1%, before a service charge of about AED 27,800 a year (AED 12.39 per sqft).

Source: Dubai Land Department. Updated 20 February 2024.

Questions about 902, 5th Avenue

What did unit 902 last sell for?

AED 2,000,000 on 27 September 2023, sold by the developer: AED 891 per sqft for 2,243 sqft. It is the only registered sale of the unit.

What is the rent for unit 902?

AED 102,382 a year on the contract renewed on 20 February 2024. The previous contract, from September 2023, was AED 97,501; the unit has been rented since January 2021.

How big is unit 902?

2,243 sqft (208.4 sqm): a three-bedroom apartment on the 9th floor of a 10-storey tower completed in 2020.

What is unit 902 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 902, 5th Avenue

Starts from the last sale price (AED 2M, 27 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

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