1-bed · 728 sqftAl Fouad, Al Furjan · 4th floor · completed 2017

405, Al Fouad

Sold prices and rental history: sold twice, last in November 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 4 November 2024
Last soldAED 650K4 November 2024
Current rentAED 43K /yr20 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Al Fouad

What is 405 worth today?

Last sold for AED 650,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

4 Nov 2024SoldReady
AED 650,000AED 892 per sqft
20 May 2023RentedNew contract
AED 43,000/yr12 months · AED 59 per sqft
1 Jul 2021RentedNew contract
AED 35,000/yr14 months · AED 48 per sqft
2 May 2020RentedRenewal
AED 42,591/yr13 months · AED 58 per sqft
2 May 2019RentedRenewal
AED 50,000/yr12 months · AED 68 per sqft
1 May 2018RentedNew contract
AED 49,866/yr12 months · AED 68 per sqft
21 Aug 2017Sold by developerOff-plan
AED 620,000AED 851 per sqft

Source: Dubai Land Department. Updated 4 November 2024.

Key facts

Type
1-bed apartment
Size
728 sqft
Floor
4th of 10
Parking
G-75
Developer
Sooma Real Estate Developer
Completed
2017
Service charge
AED 7,700 /yr
Last sold
AED 650K · November 2024
Building
Al Fouad

About 405, Al Fouad

405 is a one-bedroom apartment of 728 sqft on the 4th floor of Al Fouad, a 10-storey tower in Al Furjan completed in 2017 by Sooma Real Estate Developer . It last sold on 4 November 2024 for AED 650,000, or AED 892 per sqft, 4% above the AED 861 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 20 May 2023, is AED 43,000 a year: a gross yield of 6.6% on the 2024 price, before the service charge of about AED 7,700 a year.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical one-bed in Al Fouad
250K500K750K2017202020232026Typical sale price by year: 2017 AED 750,000; 2018 AED 757,000; 2019 AED 705,500; 2022 AED 272,882; 2023 AED 295,733; 2024 AED 650,000; 2025 AED 800,000Sold by developer, August 2017: AED 620,000 (AED 851 per sqft)Sold, November 2024: AED 650,000 (AED 892 per sqft)

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

Rents
Unit 405, each contractTypical one-bed in Al Fouad
40K60K2018202120242027Typical rent by year: 2018 AED 58,000; 2019 AED 49,000; 2020 AED 42,591; 2021 AED 37,000; 2022 AED 39,000; 2023 AED 44,000; 2024 AED 48,400; 2025 AED 51,975; 2026 AED 54,000New contract, May 2018: AED 49,866 a yearRenewal, May 2019: AED 50,000 a yearRenewal, May 2020: AED 42,591 a yearNew contract, July 2021: AED 35,000 a yearNew contract, May 2023: AED 43,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Al Fouad, and where 405 sits

All 67 1-beds →

405 last sold in November 2024 at AED 892 per sqft, 4% above what one-beds in Al Fouad were fetching at the time (AED 861). Over the last 12 months one-beds sold for AED 650,000 to 849,000, around AED 878 per sqft, and rent for AED 44,000 to 72,000 a year. 405's AED 43,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Feb 2026650,000
12 Feb 2026849,000
17 Jun 2025800,000
8 Apr 2025715,000
2 1-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 4th floor

All 105 units in Al Fouad
Value
4011-bedAED 850K · Feb 2025
402StudioAED 355K · Oct 2022
4032-bedAED 410K · Oct 2023
4041-bedAED 849K · Feb 2026
4061-bedAED 698K · Jan 2018
4071-bedAED 620K · Oct 2017
4081-bedAED 790K · Sep 2018
1–7 of 10

405, Al Fouad in numbers

  • Sold twice: first on 21 August 2017 for AED 620,000, last on 4 November 2024 for AED 650,000 (AED 892 per sqft).
  • Rented since May 2018 on 5 Ejari contracts. The rent fell from AED 49,866 to AED 35,000 in 2021 and recovered to AED 43,000 by May 2023.
  • At AED 43,000 a year the gross yield on the 2024 price is 6.6%, before a service charge of about AED 7,700 a year (AED 10.56 per sqft).
  • One-beds in Al Fouad sold for AED 650,000–849,000 in the 12 months to November 2026; the building's median across all types is AED 878 per sqft.

Source: Dubai Land Department. Updated 4 November 2024.

Questions about 405, Al Fouad

What did unit 405 last sell for?

AED 650,000 on 4 November 2024: AED 892 per sqft for 728 sqft. The unit has 2 registered sales; the first was AED 620,000 in August 2017.

What is the rent for unit 405?

AED 43,000 a year on the contract signed on 20 May 2023. The previous contract, from July 2021, was AED 35,000; the unit has been rented since May 2018.

How big is unit 405?

728 sqft (67.6 sqm): a one-bedroom apartment on the 4th floor of a 10-storey tower completed in 2017.

What is unit 405 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Al Fouad sold for AED 650,000 to 849,000 in the last 12 months, around AED 878 per sqft.

Selling 405? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 405, Al Fouad

Starts from the last sale price (AED 650K, 4 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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