502, Al Fouad
Sold prices and rental history: sold once, by the developer in April 2022, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Al Fouad
What is 502 worth today?
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Source: Dubai Land Department. Updated 20 August 2026.
Key facts
- Type
- Studio apartment
- Size
- 518 sqft
- Floor
- 5th of 10
- Parking
- B-19
- Developer
- Sooma Real Estate Developer
- Completed
- 2017
- Service charge
- AED 5,500 /yr
- Last sold
- AED 440K · April 2022
- Building
- Al Fouad
About 502, Al Fouad
502 is a studio of 518 sqft on the 5th floor of Al Fouad, a 10-storey tower in Al Furjan completed in 2017 by Sooma Real Estate Developer . The developer sold it on 20 April 2022 for AED 440,000, or AED 848 per sqft.
It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, signed on 20 August 2026, is AED 40,000 a year: a gross yield of 9.1% on the 2022 price, before the service charge of about AED 5,500 a year.
Sales and rents for 502 over time
502 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Al Fouad, and where 502 sits
All 18 studios →502's AED 40,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Oct 202522 October 2025 | 518 sqft | 490,000 | 945 | ||
| 16 Jun 202516 June 2025 | 518 sqft | 490,000 | 945 | ||
| 29 May 202529 May 2025 | 519 sqft | 590,000 | 1,137 | ||
| 16 Dec 202416 December 2024 | 519 sqft | 500,000 | 963 |
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 5th floor
All 105 units in Al Fouad| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 903 sqft | No registered sale | 51,000 /yr | |
| 503 | 2-bed | 1,168 sqft | AED 860KAED 860,000 · Jan 2024January 2024 | 85,000 /yr | |
| 504 | 1-bed | 898 sqft | No registered sale | 51,400 /yr | |
| 505 | 1-bed | 727 sqft | AED 605KAED 605,000 · Nov 2017November 2017 | 58,000 /yr | |
| 506 | 1-bed | 414 sqft | AED 284KAED 284,205 · Dec 2022December 2022 | 46,000 /yr | |
| 507 | 1-bed | 372 sqft | AED 256KAED 256,272 · Dec 2022December 2022 | 49,000 /yr | |
| 508 | 1-bed | 898 sqft | AED 600KAED 600,000 · Aug 2023August 2023 | 38,000 /yr | |
| 509 | 2-bed | 1,168 sqft | AED 946KAED 946,000 · May 2018May 2018 | 80,000 /yr | |
| 510 | Studio | 518 sqft | AED 435KAED 435,000 · Mar 2018March 2018 | 46,000 /yr | |
| 511 | 1-bed | 903 sqft | No registered sale | 50,000 /yr |
502, Al Fouad in numbers
- Sold once: by Sooma Real Estate Developer on 20 April 2022 for AED 440,000, or AED 848 per sqft.
- Rented since February 2019 on 8 Ejari contracts. The rent fell from AED 36,000 to AED 28,000 in 2022 and recovered to AED 40,000 by August 2026.
- At AED 40,000 a year the gross yield on the 2022 price is 9.1%, before a service charge of about AED 5,500 a year (AED 10.56 per sqft).
Source: Dubai Land Department. Updated 20 August 2026.
Questions about 502, Al Fouad
What did unit 502 last sell for?
AED 440,000 on 20 April 2022, sold by the developer: AED 848 per sqft for 518 sqft. It is the only registered sale of the unit.
What is the rent for unit 502?
AED 40,000 a year on the contract signed on 20 August 2026. The previous contract, from July 2025, was AED 42,000; the unit has been rented since February 2019.
How big is unit 502?
518 sqft (48.1 sqm): a studio on the 5th floor of a 10-storey tower completed in 2017.
What is unit 502 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 502, Al Fouad
Starts from the last sale price (AED 440K, 20 April 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 440,000
- Deposit, UAE resident (20%)
- AED 88,000
- Deposit, non-resident (40%)
- AED 176,000
- Monthly over 25 years at 3.7%
- AED 1,800
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →