2-bed · 1,398 sqft5th Avenue, Al Furjan · 9th floor · completed 2020

905, 5th Avenue

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

Unit 905 · DLD and Ejari recordsUpdated 3 August 2024
Last soldAED 1.28M4 October 2023
Current rentAED 83K /yr3 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 905, 5th Avenue

What is 905 worth today?

Last sold for AED 1,278,900 in 2023

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3 Aug 2024RentedNew contract
AED 83,000/yr12 months · AED 59 per sqft
4 Oct 2023Sold by developerReady
AED 1,278,900AED 915 per sqft
3 Aug 2023RentedRenewal
AED 76,000/yr12 months · AED 54 per sqft
3 Aug 2022RentedRenewal
AED 71,400/yr12 months · AED 49 per sqft
3 Aug 2021RentedNew contract
AED 68,000/yr12 months · AED 47 per sqft

Source: Dubai Land Department. Updated 3 August 2024.

Key facts

Type
2-bed apartment
Size
1,398 sqft
Floor
9th of 10
Parking
P-62
Developer
Mr Hussin Meseh Iskandar
Completed
2020
Service charge
AED 17,300 /yr
Last sold
AED 1.28M · October 2023
Building
5th Avenue

About 905, 5th Avenue

905 is a two-bedroom apartment of 1,398 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 4 October 2023 for AED 1,278,900, or AED 915 per sqft, in line with the AED 930 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 3 August 2024, is AED 83,000 a year: a gross yield of 6.5% on the 2023 price, before the service charge of about AED 17,300 a year.

Sales and rents for 905 over time

Sales
Unit 905, 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, October 2023: AED 1,278,900 (AED 915 per sqft)

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

Rents
Unit 905, 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, August 2021: AED 68,000 a yearRenewal, August 2022: AED 71,400 a yearRenewal, August 2023: AED 76,000 a yearNew contract, August 2024: AED 83,000 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 905 sits

All 60 2-beds →

905 last sold in October 2023 at AED 915 per sqft, in line with what two-beds in 5th Avenue were fetching at the time (AED 930). 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. 905's AED 83,000 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 9th floor

All 92 units in 5th Avenue
Value
9012-bedAED 1.25M · Oct 2023
9023-bedAED 2M · Sep 2023
9031-bedAED 777K · Jan 2023
9043-bedAED 2.14M · Oct 2024
9062-bedAED 1.33M · Dec 2023
9072-bedAED 1.2M · May 2023
9082-bedAED 1.24M · Jul 2023
1–7 of 8

905, 5th Avenue in numbers

  • Sold once: by Mr Hussin Meseh Iskandar on 4 October 2023 for AED 1,278,900, or AED 915 per sqft.
  • Rented since August 2021 on 4 Ejari contracts, from AED 68,000 to AED 83,000 a year.
  • At AED 83,000 a year the gross yield on the 2023 price is 6.5%, 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 3 August 2024.

Questions about 905, 5th Avenue

What did unit 905 last sell for?

AED 1,278,900 on 4 October 2023, sold by the developer: AED 915 per sqft for 1,398 sqft. It is the only registered sale of the unit.

What is the rent for unit 905?

AED 83,000 a year on the contract signed on 3 August 2024. The previous contract, from August 2023, was AED 76,000; the unit has been rented since August 2021.

How big is unit 905?

1,398 sqft (129.9 sqm): a two-bedroom apartment on the 9th floor of a 10-storey tower completed in 2020.

What is unit 905 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 905, 5th Avenue

Starts from the last sale price (AED 1.28M, 4 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,278,900
Deposit, UAE resident (20%)
AED 255,780
Deposit, non-resident (40%)
AED 511,560
Monthly over 25 years at 3.7%
AED 5,232

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