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

203, Al Fouad

Sold prices and rental history: sold once, by the developer in January 2020, and rented once, from November 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 12 January 2020
Last soldAED 964K12 January 2020
Current rentAED 93K /yr1 November 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Al Fouad

What is 203 worth today?

Last sold for AED 964,026 in 2020

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12 Jan 2020Sold by developerReady
AED 964,026AED 824 per sqft
1 Nov 2018RentedNew contract
AED 92,835/yr36 months · AED 79 per sqft

Source: Dubai Land Department. Updated 12 January 2020.

Key facts

Type
2-bed apartment
Size
1,169 sqft
Floor
2nd of 10
Parking
G-98
Developer
Sooma Real Estate Developer
Completed
2017
Service charge
AED 12,300 /yr
Last sold
AED 964K · January 2020
Building
Al Fouad

About 203, Al Fouad

203 is a two-bedroom apartment of 1,169 sqft on the 2nd floor of Al Fouad, a 10-storey tower in Al Furjan completed in 2017 by Sooma Real Estate Developer . The developer sold it on 12 January 2020 for AED 964,026, or AED 824 per sqft.

One Ejari contract is registered, from 1 November 2018. The current contract, signed on 1 November 2018, is AED 92,835 a year: a gross yield of 9.6% on the 2020 price, before the service charge of about AED 12,300 a year.

Sales and rents for 203 over time

Sales
Unit 203, 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, January 2020: AED 964,026 (AED 824 per sqft)

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

Rents
Unit 203, each contractTypical two-bed in Al Fouad
60K80K2018202120242027Typical 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, November 2018: AED 92,835 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 203 sits

All 18 2-beds →

203's AED 92,835 is in the upper half 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 2nd floor

All 105 units in Al Fouad
Value
2011-bedNo registered sale
202StudioAED 440K · Nov 2017
2041-bedNo registered sale
2051-bedAED 600K · Oct 2024
2061-bedAED 292K · Oct 2023
2071-bedAED 650K · Oct 2024
2081-bedAED 770K · Sep 2017
1–7 of 10

203, Al Fouad in numbers

  • Sold once: by Sooma Real Estate Developer on 12 January 2020 for AED 964,026, or AED 824 per sqft.
  • Rented since November 2018 on one Ejari contract, at AED 92,835 a year.
  • At AED 92,835 a year the gross yield on the 2020 price is 9.6%, before a service charge of about AED 12,300 a year (AED 10.56 per sqft).

Source: Dubai Land Department. Updated 12 January 2020.

Questions about 203, Al Fouad

What did unit 203 last sell for?

AED 964,026 on 12 January 2020, sold by the developer: AED 824 per sqft for 1,169 sqft. It is the only registered sale of the unit.

What is the rent for unit 203?

AED 92,835 a year on the contract signed on 1 November 2018.

How big is unit 203?

1,169 sqft (108.6 sqm): a two-bedroom apartment on the 2nd floor of a 10-storey tower completed in 2017.

What is unit 203 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 203, Al Fouad

Starts from the last sale price (AED 964K, 12 January 2020). Switch to today's estimate once you have unlocked it.
Price
AED 964,026
Deposit, UAE resident (20%)
AED 192,805
Deposit, non-resident (40%)
AED 385,610
Monthly over 25 years at 3.7%
AED 3,944

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