309, Al Fouad
Sold prices and rental history: sold once, by the developer in May 2020, and rented once, from August 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 309, Al Fouad
What is 309 worth today?
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Source: Dubai Land Department. Updated 28 May 2020.
Key facts
- Type
- 2-bed apartment
- Size
- 1,169 sqft
- Floor
- 3rd of 10
- Parking
- G-101 94
- Developer
- Sooma Real Estate Developer
- Completed
- 2017
- Service charge
- AED 12,300 /yr
- Last sold
- AED 985K · May 2020
- Building
- Al Fouad
About 309, Al Fouad
309 is a two-bedroom apartment of 1,169 sqft on the 3rd floor of Al Fouad, a 10-storey tower in Al Furjan completed in 2017 by Sooma Real Estate Developer . The developer sold it on 28 May 2020 for AED 985,000, or AED 842 per sqft, in line with the AED 824 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 August 2018. The current contract, signed on 1 August 2018, is AED 92,870 a year: a gross yield of 9.4% on the 2020 price, before the service charge of about AED 12,300 a year.
Sales and rents for 309 over time
309 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 309 sits
All 18 2-beds →309 last sold in May 2020 at AED 842 per sqft, in line with what two-beds in Al Fouad were fetching at the time (AED 824). 309's AED 92,870 is in the upper half 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 3rd floor
All 105 units in Al Fouad| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 903 sqft | No registered sale | 65,000 /yr | |
| 302 | Studio | 518 sqft | AED 490KAED 490,000 · Jun 2025June 2025 | 46,000 /yr | |
| 303 | 2-bed | 1,169 sqft | AED 855KAED 855,000 · Apr 2024April 2024 | 95,000 /yr | |
| 305 | 1-bed | 381 sqft | AED 261KAED 261,257 · Dec 2022December 2022 | 48,000 /yr | |
| 306 | 1-bed | 816 sqft | AED 802KAED 801,531 · Feb 2022February 2022 | 66,794 /yr | |
| 307 | 1-bed | 382 sqft | AED 262KAED 261,559 · Dec 2022December 2022 | 53,000 /yr | |
| 308 | 1-bed | 897 sqft | AED 720KAED 720,000 · Dec 2021December 2021 | 55,000 /yr | |
| 310 | Studio | 518 sqft | AED 400KAED 400,000 · Mar 2020March 2020 | 46,000 /yr | |
| 311 | 1-bed | 903 sqft | No registered sale | 54,000 /yr |
309, Al Fouad in numbers
- Sold once: by Sooma Real Estate Developer on 28 May 2020 for AED 985,000, or AED 842 per sqft.
- Rented since August 2018 on one Ejari contract, at AED 92,870 a year.
- At AED 92,870 a year the gross yield on the 2020 price is 9.4%, before a service charge of about AED 12,300 a year (AED 10.56 per sqft).
Source: Dubai Land Department. Updated 28 May 2020.
Questions about 309, Al Fouad
What did unit 309 last sell for?
AED 985,000 on 28 May 2020, sold by the developer: AED 842 per sqft for 1,169 sqft. It is the only registered sale of the unit.
What is the rent for unit 309?
AED 92,870 a year on the contract signed on 1 August 2018.
How big is unit 309?
1,169 sqft (108.6 sqm): a two-bedroom apartment on the 3rd floor of a 10-storey tower completed in 2017.
What is unit 309 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 309, Al Fouad
Starts from the last sale price (AED 985K, 28 May 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 985,000
- Deposit, UAE resident (20%)
- AED 197,000
- Deposit, non-resident (40%)
- AED 394,000
- Monthly over 25 years at 3.7%
- AED 4,030
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →