508, Al Fouad
Sold prices and rental history: sold 3 times, last in August 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Al Fouad
What is 508 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 10 August 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 898 sqft
- Floor
- 5th of 10
- Parking
- B-25
- Developer
- Sooma Real Estate Developer
- Completed
- 2017
- Service charge
- AED 9,500 /yr
- Last sold
- AED 600K · August 2023
- Building
- Al Fouad
About 508, Al Fouad
508 is a one-bedroom apartment of 898 sqft on the 5th floor of Al Fouad, a 10-storey tower in Al Furjan completed in 2017 by Sooma Real Estate Developer . It last sold on 10 August 2023 for AED 600,000, or AED 668 per sqft, in line with the AED 685 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 25 December 2021, is AED 38,000 a year: a gross yield of 6.3% on the 2023 price, before the service charge of about AED 9,500 a year.
Sales and rents for 508 over time
508 has sold 3 times; 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 508 sits
All 67 1-beds →508 last sold in August 2023 at AED 668 per sqft, in line with what one-beds in Al Fouad were fetching at the time (AED 685). 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. 508's AED 38,000 is at the bottom 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 | |
| 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 | |
| 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 |
508, Al Fouad in numbers
- Sold 3 times: first on 24 August 2017 for AED 770,921, last on 10 August 2023 for AED 600,000 (AED 668 per sqft).
- Rented since July 2018 on 4 Ejari contracts, from AED 56,000 to AED 38,000 a year.
- At AED 38,000 a year the gross yield on the 2023 price is 6.3%, before a service charge of about AED 9,500 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 10 August 2023.
Questions about 508, Al Fouad
What did unit 508 last sell for?
AED 600,000 on 10 August 2023: AED 668 per sqft for 898 sqft. The unit has 3 registered sales; the first was AED 770,921 in August 2017.
What is the rent for unit 508?
AED 38,000 a year on the contract signed on 25 December 2021. The previous contract, from July 2020, was AED 48,000; the unit has been rented since July 2018.
How big is unit 508?
898 sqft (83.4 sqm): a one-bedroom apartment on the 5th floor of a 10-storey tower completed in 2017.
What is unit 508 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 508? 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.
Mortgage on 508, Al Fouad
Starts from the last sale price (AED 600K, 10 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 600,000
- Deposit, UAE resident (20%)
- AED 120,000
- Deposit, non-resident (40%)
- AED 240,000
- Monthly over 25 years at 3.7%
- AED 2,455
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →