1-bed · 727 sqftAl Fouad, Al Furjan · 5th floor · completed 2017

505, Al Fouad

Sold prices and rental history: sold once, by the developer in November 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 505 · DLD and Ejari recordsUpdated 1 June 2026
Last soldAED 605K21 November 2017
Current rentAED 58K /yr1 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 505, Al Fouad

What is 505 worth today?

Last sold for AED 605,000 in 2017

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1 Jun 2026RentedRenewal
AED 58,000/yr12 months · AED 79 per sqft
1 Jun 2025RentedRenewal
AED 58,000/yr12 months · AED 79 per sqft
1 Jun 2024RentedNew contract
AED 58,000/yr12 months · AED 79 per sqft
1 Feb 2021RentedRenewal
AED 42,000/yr14 months · AED 57 per sqft
1 Dec 2019RentedNew contract
AED 45,000/yr14 months · AED 61 per sqft
15 Aug 2018RentedNew contract
AED 50,000/yr12 months · AED 68 per sqft
21 Nov 2017Sold by developerOff-plan
AED 605,000AED 832 per sqft

Source: Dubai Land Department. Updated 1 June 2026.

Key facts

Type
1-bed apartment
Size
727 sqft
Floor
5th of 10
Parking
B-22
Developer
Sooma Real Estate Developer
Completed
2017
Service charge
AED 7,700 /yr
Last sold
AED 605K · November 2017
Building
Al Fouad

About 505, Al Fouad

505 is a one-bedroom apartment of 727 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 21 November 2017 for AED 605,000, or AED 832 per sqft, in line with the AED 851 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 1 June 2026, is AED 58,000 a year: a gross yield of 9.6% on the 2017 price, before the service charge of about AED 7,700 a year.

Sales and rents for 505 over time

Sales
Unit 505, 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, November 2017: AED 605,000 (AED 832 per sqft)

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

Rents
Unit 505, each contractTypical one-bed in Al Fouad
40K50K60K2018202120242027Typical 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, August 2018: AED 50,000 a yearNew contract, December 2019: AED 45,000 a yearRenewal, February 2021: AED 42,000 a yearNew contract, June 2024: AED 58,000 a yearRenewal, June 2025: AED 58,000 a yearRenewal, June 2026: AED 58,000 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 505 sits

All 67 1-beds →

505 last sold in November 2017 at AED 832 per sqft, in line with what one-beds in Al Fouad were fetching at the time (AED 851). 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. 505's AED 58,000 is in the upper half 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 5th floor

All 105 units in Al Fouad
Value
5011-bedNo registered sale
502StudioAED 440K · Apr 2022
5032-bedAED 860K · Jan 2024
5041-bedNo registered sale
5061-bedAED 284K · Dec 2022
5071-bedAED 256K · Dec 2022
5081-bedAED 600K · Aug 2023
1–7 of 10

505, Al Fouad in numbers

  • Sold once: by Sooma Real Estate Developer on 21 November 2017 for AED 605,000, or AED 832 per sqft.
  • Rented since August 2018 on 6 Ejari contracts. The rent fell from AED 50,000 to AED 42,000 in 2021 and recovered to AED 58,000 by June 2026.
  • At AED 58,000 a year the gross yield on the 2017 price is 9.6%, 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 1 June 2026.

Questions about 505, Al Fouad

What did unit 505 last sell for?

AED 605,000 on 21 November 2017, sold by the developer: AED 832 per sqft for 727 sqft. It is the only registered sale of the unit.

What is the rent for unit 505?

AED 58,000 a year on the contract renewed on 1 June 2026. The previous contract, from June 2025, was AED 58,000; the unit has been rented since August 2018.

How big is unit 505?

727 sqft (67.5 sqm): a one-bedroom apartment on the 5th floor of a 10-storey tower completed in 2017.

What is unit 505 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.

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Mortgage on 505, Al Fouad

Starts from the last sale price (AED 605K, 21 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 605,000
Deposit, UAE resident (20%)
AED 121,000
Deposit, non-resident (40%)
AED 242,000
Monthly over 25 years at 3.7%
AED 2,475

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