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2-bed · 1,168 sqftAl Fouad, Al Furjan · 8th floor · completed 2017

803, Al Fouad

Sold prices and rental history: sold twice, last in July 2022, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 803 · DLD and Ejari recordsUpdated 4 March 2023
Last soldAED 860K1 July 2022
Current rentAED 62K /yr4 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 803, Al Fouad

What is 803 worth today?

Last sold for AED 860,000 in 2022

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4 Mar 2023RentedNew contract
AED 62,100/yr12 months · AED 53 per sqft
1 Jul 2022SoldReady
AED 860,000AED 736 per sqft
4 Mar 2022RentedRenewal
AED 54,000/yr12 months · AED 46 per sqft
4 Jan 2021RentedNew contract
AED 54,000/yr14 months · AED 46 per sqft
1 Oct 2020Sold by developerReady
AED 485,000AED 846 per sqft
7 May 2019RentedNew contract
AED 125,853/yr27 months · AED 108 per sqft

Source: Dubai Land Department. Updated 4 March 2023.

Key facts

Type
2-bed apartment
Size
1,168 sqft
Floor
8th of 10
Parking
G-117
Developer
Sooma Real Estate Developer
Completed
2017
Service charge
AED 12,300 /yr
Last sold
AED 860K · July 2022
Building
Al Fouad

About 803, Al Fouad

803 is a two-bedroom apartment of 1,168 sqft on the 8th floor of Al Fouad, a 10-storey tower in Al Furjan completed in 2017 by Sooma Real Estate Developer . It last sold on 1 July 2022 for AED 860,000, or AED 736 per sqft.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 4 March 2023, is AED 62,100 a year: a gross yield of 7.2% on the 2022 price, before the service charge of about AED 12,300 a year.

Sales and rents for 803 over time

Sales
Unit 803, 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, October 2020: AED 485,000 (AED 846 per sqft)Sold, July 2022: AED 860,000 (AED 736 per sqft)

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

Rents
Unit 803, each contractTypical two-bed in Al Fouad
50K100K2018202120242027Typical 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 82,500New contract, May 2019: AED 125,853 a yearNew contract, January 2021: AED 54,000 a yearRenewal, March 2022: AED 54,000 a yearNew contract, March 2023: AED 62,100 a year

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 803 sits

All 18 2-beds →

803's AED 62,100 is at the bottom of that range.

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 8th floor

All 105 units in Al Fouad
Value
8011-bedAED 800K · Feb 2025
802StudioAED 400K · Oct 2023
8041-bedAED 257K · Mar 2023
8051-bedAED 258K · Dec 2022
8061-bedAED 700K · Sep 2024
8071-bedAED 330K · May 2018
8081-bedAED 770K · Jun 2018
1–7 of 10

803, Al Fouad in numbers

  • Sold twice: first on 1 October 2020 for AED 485,000, last on 1 July 2022 for AED 860,000 (AED 736 per sqft).
  • Rented since May 2019 on 4 Ejari contracts. The rent fell from AED 125,853 to AED 54,000 in 2022 and recovered to AED 62,100 by March 2023.
  • At AED 62,100 a year the gross yield on the 2022 price is 7.2%, before a service charge of about AED 12,300 a year (AED 10.56 per sqft).

Source: Dubai Land Department. Updated 4 March 2023.

Questions about 803, Al Fouad

What did unit 803 last sell for?

AED 860,000 on 1 July 2022: AED 736 per sqft for 1,168 sqft. The unit has 2 registered sales; the first was AED 485,000 in October 2020.

What is the rent for unit 803?

AED 62,100 a year on the contract signed on 4 March 2023. The previous contract, from March 2022, was AED 54,000; the unit has been rented since May 2019.

How big is unit 803?

1,168 sqft (108.5 sqm): a two-bedroom apartment on the 8th floor of a 10-storey tower completed in 2017.

What is unit 803 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 803, Al Fouad

Starts from the last sale price (AED 860K, 1 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 860,000
Deposit, UAE resident (20%)
AED 172,000
Deposit, non-resident (40%)
AED 344,000
Monthly over 25 years at 3.7%
AED 3,519

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