209, Al Fouad
Sold prices and rental history: sold once, by the developer in October 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 209, Al Fouad
What is 209 worth today?
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Source: Dubai Land Department. Updated 5 October 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,169 sqft
- Floor
- 2nd of 10
- Parking
- G-99
- Developer
- Sooma Real Estate Developer
- Completed
- 2017
- Service charge
- AED 12,300 /yr
- Last sold
- AED 850K · October 2023
- Building
- Al Fouad
About 209, Al Fouad
209 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 5 October 2023 for AED 850,000, or AED 727 per sqft, in line with the AED 727 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 15 May 2023, is AED 58,000 a year: a gross yield of 6.8% on the 2023 price, before the service charge of about AED 12,300 a year.
Sales and rents for 209 over time
209 has sold once; the dashed line is the two-bed median of each year in the building.
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 209 sits
All 18 2-beds →209 last sold in October 2023 at AED 727 per sqft, in line with what two-beds in Al Fouad were fetching at the time (AED 727). 209's AED 58,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Jul 202423 July 2024 | 1,170 sqft | 1,075,000 | 918 | ||
| 5 Apr 20245 April 2024 | 1,169 sqft | 855,000 | 731 | ||
| 19 Jan 202419 January 2024 | 1,168 sqft | 860,000 | 736 | ||
| 10 Jan 202410 January 2024 | 1,170 sqft | 950,000 | 811 |
Al Fouad
Building105 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%
Other units on the 2nd floor
All 105 units in Al Fouad| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 903 sqft | No registered sale | 50,500 /yr | |
| 202 | Studio | 518 sqft | AED 440KAED 440,000 · Nov 2017November 2017 | 45,000 /yr | |
| 203 | 2-bed | 1,169 sqft | AED 964KAED 964,026 · Jan 2020January 2020 | 92,835 /yr | |
| 204 | 1-bed | 897 sqft | No registered sale | 48,500 /yr | |
| 205 | 1-bed | 725 sqft | AED 600KAED 600,000 · Oct 2024October 2024 | 48,500 /yr | |
| 206 | 1-bed | 416 sqft | AED 292KAED 292,073 · Oct 2023October 2023 | 48,500 /yr | |
| 207 | 1-bed | 726 sqft | AED 650KAED 650,000 · Oct 2024October 2024 | 60,000 /yr | |
| 208 | 1-bed | 897 sqft | AED 770KAED 770,000 · Sep 2017September 2017 | 62,000 /yr | |
| 210 | Studio | 518 sqft | AED 440KAED 440,000 · Dec 2021December 2021 | 45,000 /yr | |
| 211 | 1-bed | 903 sqft | No registered sale | 51,400 /yr |
209, Al Fouad in numbers
- Sold once: by Sooma Real Estate Developer on 5 October 2023 for AED 850,000, or AED 727 per sqft.
- Rented since August 2018 on 5 Ejari contracts. The rent fell from AED 92,870 to AED 52,000 in 2022 and recovered to AED 58,000 by May 2023.
- At AED 58,000 a year the gross yield on the 2023 price is 6.8%, before a service charge of about AED 12,300 a year (AED 10.56 per sqft).
Source: Dubai Land Department. Updated 5 October 2023.
Questions about 209, Al Fouad
What did unit 209 last sell for?
AED 850,000 on 5 October 2023, sold by the developer: AED 727 per sqft for 1,169 sqft. It is the only registered sale of the unit.
What is the rent for unit 209?
AED 58,000 a year on the contract renewed on 15 May 2023. The previous contract, from May 2022, was AED 52,000; the unit has been rented since August 2018.
How big is unit 209?
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 209 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 209, Al Fouad
Starts from the last sale price (AED 850K, 5 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 850,000
- Deposit, UAE resident (20%)
- AED 170,000
- Deposit, non-resident (40%)
- AED 340,000
- Monthly over 25 years at 3.7%
- AED 3,478
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →