2-bed · 1,168 sqftAl Fouad, Al Furjan · 6th floor · completed 2017

603, Al Fouad

Sold prices and rental history: sold once, by the developer in May 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 24 May 2018
Last soldAED 480K24 May 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, Al Fouad

What is 603 worth today?

Last sold for AED 480,000 in 2018

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24 May 2018Sold by developerReady
AED 480,000AED 410 per sqft

Source: Dubai Land Department. Updated 24 May 2018.

Key facts

Type
2-bed apartment
Size
1,168 sqft
Floor
6th of 10
Parking
G-120
Developer
Sooma Real Estate Developer
Completed
2017
Service charge
AED 12,300 /yr
Last sold
AED 480K · May 2018
Building
Al Fouad

About 603, Al Fouad

603 is a two-bedroom apartment of 1,168 sqft on the 6th floor of Al Fouad, a 10-storey tower in Al Furjan completed in 2017 by Sooma Real Estate Developer . The developer sold it on 24 May 2018 for AED 480,000, or AED 410 per sqft, 50% below the AED 816 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 603 over time

Sales
Unit 603, each saleTypical two-bed in Al Fouad
500K750K1M2018202020222024Typical sale price by year: 2018 AED 950,750; 2020 AED 944,513; 2022 AED 860,000; 2023 AED 839,000; 2024 AED 905,000Sold by developer, May 2018: AED 480,000 (AED 410 per sqft)

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

Rents
Unit 603, each contractTypical two-bed in Al Fouad
60K80K2018202120242027Typical rent by year: 2018 AED 92,870; 2019 AED 70,404; 2020 AED 61,000; 2021 AED 54,000; 2022 AED 56,000; 2023 AED 62,550; 2024 AED 67,100; 2025 AED 90,000; 2026 AED 82,500

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 603 sits

All 18 2-beds →

603 last sold in May 2018 at AED 410 per sqft, 50% below what two-beds in Al Fouad were fetching at the time (AED 816).

Recent 2-bed salesUnit no.Price (AED)Summary
23 Jul 20241,075,000
5 Apr 2024855,000
19 Jan 2024860,000
10 Jan 2024950,000
0 2-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 6th floor

All 105 units in Al Fouad
Value
6011-bedNo registered sale
602StudioAED 440K · Nov 2017
6041-bedNo registered sale
6051-bedAED 650K · May 2018
6061-bedAED 575K · Dec 2021
6071-bedAED 210K · Mar 2023
6081-bedAED 317K · Oct 2023
1–7 of 10

603, Al Fouad in numbers

  • Sold once: by Sooma Real Estate Developer on 24 May 2018 for AED 480,000, or AED 410 per sqft.

Source: Dubai Land Department. Updated 24 May 2018.

Questions about 603, Al Fouad

What did unit 603 last sell for?

AED 480,000 on 24 May 2018, sold by the developer: AED 410 per sqft for 1,168 sqft. It is the only registered sale of the unit.

How big is unit 603?

1,168 sqft (108.5 sqm): a two-bedroom apartment on the 6th floor of a 10-storey tower completed in 2017.

What is unit 603 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 603, Al Fouad

Starts from the last sale price (AED 480K, 24 May 2018). Switch to today's estimate once you have unlocked it.
Price
AED 480,000
Deposit, UAE resident (20%)
AED 96,000
Deposit, non-resident (40%)
AED 192,000
Monthly over 25 years at 3.7%
AED 1,964

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