704, Al Fouad
Sold prices and rental history: sold once, by the developer in January 2018, 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 704, Al Fouad
What is 704 worth today?
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Source: Dubai Land Department. Updated 1 October 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 898 sqft
- Floor
- 7th of 10
- Parking
- B-31
- Developer
- Sooma Real Estate Developer
- Completed
- 2017
- Service charge
- AED 9,500 /yr
- Last sold
- AED 790K · January 2018
- Building
- Al Fouad
About 704, Al Fouad
704 is a one-bedroom apartment of 898 sqft on the 7th floor of Al Fouad, a 10-storey tower in Al Furjan completed in 2017 by Sooma Real Estate Developer . The developer sold it on 25 January 2018 for AED 790,000, or AED 879 per sqft, in line with the AED 857 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 1 October 2021, is AED 35,000 a year: a gross yield of 4.4% on the 2018 price, before the service charge of about AED 9,500 a year.
Sales and rents for 704 over time
704 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 704 sits
All 67 1-beds →704 last sold in January 2018 at AED 879 per sqft, in line with what one-beds in Al Fouad were fetching at the time (AED 857). 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. 704's AED 35,000 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 7th floor
All 105 units in Al Fouad| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 903 sqft | AED 800KAED 800,000 · Dec 2024December 2024 | 66,000 /yr | |
| 702 | Studio | 518 sqft | AED 440KAED 440,000 · Nov 2017November 2017 | 47,000 /yr | |
| 703 | 2-bed | 1,168 sqft | AED 963KAED 963,090 · Oct 2022October 2022 | 88,549 /yr | |
| 705 | 1-bed | 371 sqft | AED 257KAED 257,425 · Dec 2022December 2022 | 48,500 /yr | |
| 706 | 1-bed | 812 sqft | AED 720KAED 720,000 · Aug 2018August 2018 | 53,130 /yr | |
| 707 | 1-bed | 729 sqft | AED 740KAED 740,000 · Feb 2022February 2022 | 63,000 /yr | |
| 708 | 1-bed | 458 sqft | AED 257KAED 256,734 · Mar 2023March 2023 | 51,400 /yr | |
| 709 | 2-bed | 1,168 sqft | AED 485KAED 484,538 · Jun 2018June 2018 | 71,807 /yr | |
| 710 | Studio | 518 sqft | AED 440KAED 440,000 · Nov 2017November 2017 | 45,000 /yr | |
| 711 | 1-bed | 903 sqft | AED 775KAED 775,000 · Sep 2017September 2017 | 65,000 /yr |
704, Al Fouad in numbers
- Sold once: by Sooma Real Estate Developer on 25 January 2018 for AED 790,000, or AED 879 per sqft.
- Rented since September 2018 on 4 Ejari contracts, from AED 50,000 to AED 35,000 a year.
- At AED 35,000 a year the gross yield on the 2018 price is 4.4%, 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 1 October 2021.
Questions about 704, Al Fouad
What did unit 704 last sell for?
AED 790,000 on 25 January 2018, sold by the developer: AED 879 per sqft for 898 sqft. It is the only registered sale of the unit.
What is the rent for unit 704?
AED 35,000 a year on the contract signed on 1 October 2021. The previous contract, from September 2020, was AED 42,000; the unit has been rented since September 2018.
How big is unit 704?
898 sqft (83.4 sqm): a one-bedroom apartment on the 7th floor of a 10-storey tower completed in 2017.
What is unit 704 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 704, Al Fouad
Starts from the last sale price (AED 790K, 25 January 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 790,000
- Deposit, UAE resident (20%)
- AED 158,000
- Deposit, non-resident (40%)
- AED 316,000
- Monthly over 25 years at 3.7%
- AED 3,232
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →