409, Al Fouad
Sold prices and rental history: sold twice, last in July 2023, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 409, Al Fouad
What is 409 worth today?
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Source: Dubai Land Department. Updated 20 July 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,168 sqft
- Floor
- 4th of 10
- Parking
- B-23
- Developer
- Sooma Real Estate Developer
- Completed
- 2017
- Service charge
- AED 12,300 /yr
- Last sold
- AED 828K · July 2023
- Building
- Al Fouad
About 409, Al Fouad
409 is a two-bedroom apartment of 1,168 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 20 July 2023 for AED 828,000, or AED 708 per sqft, 8% below the AED 767 two-beds in the building were fetching at the time.
It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 1 September 2022, is AED 59,000 a year: a gross yield of 7.1% on the 2023 price, before the service charge of about AED 12,300 a year.
Sales and rents for 409 over time
409 has sold twice; 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 409 sits
All 18 2-beds →409 last sold in July 2023 at AED 708 per sqft, 8% below what two-beds in Al Fouad were fetching at the time (AED 767). 409's AED 59,000 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 4th floor
All 105 units in Al Fouad| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 903 sqft | AED 850KAED 850,000 · Feb 2025February 2025 | 44,000 /yr | |
| 402 | Studio | 518 sqft | AED 355KAED 355,000 · Oct 2022October 2022 | 54,353 /yr | |
| 403 | 2-bed | 596 sqft | AED 410KAED 409,613 · Oct 2023October 2023 | 85,000 /yr | |
| 404 | 1-bed | 898 sqft | AED 849KAED 849,000 · Feb 2026February 2026 | 60,923 /yr | |
| 405 | 1-bed | 728 sqft | AED 650KAED 650,000 · Nov 2024November 2024 | 43,000 /yr | |
| 406 | 1-bed | 812 sqft | AED 698KAED 697,998 · Jan 2018January 2018 | 60,000 /yr | |
| 407 | 1-bed | 729 sqft | AED 620KAED 620,000 · Oct 2017October 2017 | ||
| 408 | 1-bed | 898 sqft | AED 790KAED 790,000 · Sep 2018September 2018 | 51,000 /yr | |
| 410 | Studio | 518 sqft | AED 390KAED 390,000 · Nov 2023November 2023 | 54,000 /yr | |
| 411 | 1-bed | 903 sqft | AED 849KAED 849,177 · Sep 2023September 2023 | 70,000 /yr |
409, Al Fouad in numbers
- Sold twice: first on 1 October 2020 for AED 485,000, last on 20 July 2023 for AED 828,000 (AED 708 per sqft).
- Rented since September 2018 on 3 Ejari contracts, from AED 92,870 to AED 59,000 a year.
- At AED 59,000 a year the gross yield on the 2023 price is 7.1%, before a service charge of about AED 12,300 a year (AED 10.56 per sqft).
Source: Dubai Land Department. Updated 20 July 2023.
Questions about 409, Al Fouad
What did unit 409 last sell for?
AED 828,000 on 20 July 2023: AED 708 per sqft for 1,168 sqft. The unit has 2 registered sales; the first was AED 485,000 in October 2020.
What is the rent for unit 409?
AED 59,000 a year on the contract signed on 1 September 2022. The previous contract, from July 2020, was AED 60,000; the unit has been rented since September 2018.
How big is unit 409?
1,168 sqft (108.5 sqm): a two-bedroom apartment on the 4th floor of a 10-storey tower completed in 2017.
What is unit 409 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 409, Al Fouad
Starts from the last sale price (AED 828K, 20 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 828,000
- Deposit, UAE resident (20%)
- AED 165,600
- Deposit, non-resident (40%)
- AED 331,200
- Monthly over 25 years at 3.7%
- AED 3,388
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →