2-bed · 1,169 sqftAl Fouad, Al Furjan · 1st floor · completed 2017

109, Al Fouad

Sold prices and rental history: sold twice, last in August 2022, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 109 · DLD and Ejari recordsUpdated 2 August 2022
Last soldAED 830K2 August 2022
Current rentAED 50K /yr20 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 109, Al Fouad

What is 109 worth today?

Last sold for AED 830,000 in 2022

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2 Aug 2022SoldReady
AED 830,000AED 710 per sqft
20 Jan 2021RentedNew contract
AED 50,000/yr12 months · AED 43 per sqft
5 Mar 2020Sold by developerReady
AED 925,000AED 791 per sqft
1 Aug 2018RentedNew contract
AED 92,870/yr24 months · AED 79 per sqft

Source: Dubai Land Department. Updated 2 August 2022.

Key facts

Type
2-bed apartment
Size
1,169 sqft
Floor
1st of 10
Parking
G-97
Developer
Sooma Real Estate Developer
Completed
2017
Service charge
AED 12,300 /yr
Last sold
AED 830K · August 2022
Building
Al Fouad

About 109, Al Fouad

109 is a two-bedroom apartment of 1,169 sqft on the 1st floor of Al Fouad, a 10-storey tower in Al Furjan completed in 2017 by Sooma Real Estate Developer . It last sold on 2 August 2022 for AED 830,000, or AED 710 per sqft, 4% below the AED 736 two-beds in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 20 January 2021, is AED 50,000 a year: a gross yield of 6.0% on the 2022 price, before the service charge of about AED 12,300 a year.

Sales and rents for 109 over time

Sales
Unit 109, each saleTypical two-bed in Al Fouad
900K2018202020222024Typical sale price by year: 2018 AED 950,750; 2020 AED 944,513; 2022 AED 860,000; 2023 AED 839,000; 2024 AED 905,000Sold by developer, March 2020: AED 925,000 (AED 791 per sqft)Sold, August 2022: AED 830,000 (AED 710 per sqft)

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

Rents
Unit 109, each contractTypical two-bed in Al Fouad
60K80K100K2018202120242027Typical rent by year: 2018 AED 92,870; 2019 AED 70,404; 2020 AED 61,000; 2021 AED 54,000; 2022 AED 56,000; 2023 AED 62,550; 2024 AED 67,100; 2025 AED 90,000; 2026 AED 82,500New contract, August 2018: AED 92,870 a yearNew contract, January 2021: AED 50,000 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 Al Fouad, and where 109 sits

All 18 2-beds →

109 last sold in August 2022 at AED 710 per sqft, 4% below what two-beds in Al Fouad were fetching at the time (AED 736). 109's AED 50,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Jul 20241,075,000
5 Apr 2024855,000
19 Jan 2024860,000
10 Jan 2024950,000
0 2-bed sales in the last 12 months

Al Fouad

Building

105 apartments, studios to 3-bed over 10 floors in Al Furjan, completed in 2017 by Sooma Real Estate Developer . 2 sold in the last 12 months.

Typical price per sqft
AED 878
Typical sale
AED 750K
Typical rent
AED 54K /yr
Typical yield
8.1%
Al Fouad, Al Furjan: prices, sales and rents →

Other units on the 1st floor

All 105 units in Al Fouad
Value
1011-bedAED 800K · Feb 2025
102StudioAED 500K · Dec 2024
1032-bedAED 985K · Sep 2020
1041-bedNo registered sale
1051-bedAED 600K · Oct 2024
1061-bedAED 296K · Oct 2023
1071-bedNo registered sale
1–7 of 10

109, Al Fouad in numbers

  • Sold twice: first on 5 March 2020 for AED 925,000, last on 2 August 2022 for AED 830,000 (AED 710 per sqft).
  • Rented since August 2018 on 2 Ejari contracts, from AED 92,870 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2022 price is 6.0%, before a service charge of about AED 12,300 a year (AED 10.56 per sqft).

Source: Dubai Land Department. Updated 2 August 2022.

Questions about 109, Al Fouad

What did unit 109 last sell for?

AED 830,000 on 2 August 2022: AED 710 per sqft for 1,169 sqft. The unit has 2 registered sales; the first was AED 925,000 in March 2020.

What is the rent for unit 109?

AED 50,000 a year on the contract signed on 20 January 2021. The previous contract, from August 2018, was AED 92,870.

How big is unit 109?

1,169 sqft (108.6 sqm): a two-bedroom apartment on the 1st floor of a 10-storey tower completed in 2017.

What is unit 109 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 109, Al Fouad

Starts from the last sale price (AED 830K, 2 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 830,000
Deposit, UAE resident (20%)
AED 166,000
Deposit, non-resident (40%)
AED 332,000
Monthly over 25 years at 3.7%
AED 3,396

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