506, Al Fouad
Sold prices and rental history: sold once, by the developer in December 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 506, Al Fouad
What is 506 worth today?
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Source: Dubai Land Department. Updated 26 February 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 414 sqft
- Floor
- 5th of 10
- Parking
- G-123
- Developer
- Sooma Real Estate Developer
- Completed
- 2017
- Service charge
- AED 4,400 /yr
- Last sold
- AED 284K · December 2022
- Building
- Al Fouad
About 506, Al Fouad
506 is a one-bedroom apartment of 414 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 6 December 2022 for AED 284,205, or AED 685 per sqft, in line with the AED 694 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, renewed on 26 February 2025, is AED 46,000 a year: a gross yield of 16.2% on the 2022 price, before the service charge of about AED 4,400 a year.
Sales and rents for 506 over time
506 has sold once; the dashed line is the one-bed median of each year in the building.
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 506 sits
All 67 1-beds →506 last sold in December 2022 at AED 685 per sqft, in line with what one-beds in Al Fouad were fetching at the time (AED 694). 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. 506's AED 46,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Feb 202626 February 2026 | 802 sqft | 650,000 | 810 | ||
| 12 Feb 202612 February 2026 | 898 sqft | 849,000 | 945 | ||
| 17 Jun 202517 June 2025 | 903 sqft | 800,000 | 885 | ||
| 8 Apr 20258 April 2025 | 801 sqft | 715,000 | 892 |
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 | |
| 502 | Studio | 518 sqft | AED 440KAED 440,000 · Apr 2022April 2022 | 40,000 /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 | |
| 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 |
506, Al Fouad in numbers
- Sold once: by Sooma Real Estate Developer on 6 December 2022 for AED 284,205, or AED 685 per sqft.
- Rented since January 2019 on 9 Ejari contracts. The rent fell from AED 72,288 to AED 34,000 in 2022 and recovered to AED 46,000 by February 2025.
- At AED 46,000 a year the gross yield on the 2022 price is 16.2%, before a service charge of about AED 4,400 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 26 February 2025.
Questions about 506, Al Fouad
What did unit 506 last sell for?
AED 284,205 on 6 December 2022, sold by the developer: AED 685 per sqft for 414 sqft. It is the only registered sale of the unit.
What is the rent for unit 506?
AED 46,000 a year on the contract renewed on 26 February 2025. The previous contract, from February 2025, was AED 46,000; the unit has been rented since January 2019.
How big is unit 506?
414 sqft (38.5 sqm): a one-bedroom apartment on the 5th floor of a 10-storey tower completed in 2017.
What is unit 506 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 506, Al Fouad
Starts from the last sale price (AED 284K, 6 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 284,205
- Deposit, UAE resident (20%)
- AED 56,841
- Deposit, non-resident (40%)
- AED 113,682
- Monthly over 25 years at 3.7%
- AED 1,163
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →