2-bed · 1,170 sqftAl Fouad, Al Furjan · 9th floor · completed 2017

909, Al Fouad

Sold prices and rental history: sold twice, last in January 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 909 · DLD and Ejari recordsUpdated 10 January 2024
Last soldAED 950K10 January 2024
Current rentAED 63K /yr5 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 909, Al Fouad

What is 909 worth today?

Last sold for AED 950,000 in 2024

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10 Jan 2024SoldReady
AED 950,000AED 811 per sqft
5 Aug 2023RentedRenewal
AED 63,000/yr12 months · AED 54 per sqft
5 Aug 2022RentedNew contract
AED 60,000/yr12 months · AED 51 per sqft
5 Aug 2021RentedRenewal
AED 57,000/yr12 months · AED 49 per sqft
5 Aug 2020RentedRenewal
AED 62,000/yr12 months · AED 53 per sqft
5 Aug 2019RentedNew contract
AED 65,000/yr12 months · AED 55 per sqft
18 Mar 2018Sold by developerOff-plan
AED 955,500AED 816 per sqft

Source: Dubai Land Department. Updated 10 January 2024.

Key facts

Type
2-bed apartment
Size
1,170 sqft
Floor
9th of 10
Parking
G-114
Developer
Sooma Real Estate Developer
Completed
2017
Service charge
AED 12,400 /yr
Last sold
AED 950K · January 2024
Building
Al Fouad

About 909, Al Fouad

909 is a two-bedroom apartment of 1,170 sqft on the 9th floor of Al Fouad, a 10-storey tower in Al Furjan completed in 2017 by Sooma Real Estate Developer . It last sold on 10 January 2024 for AED 950,000, or AED 811 per sqft, 12% above the AED 727 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 5 August 2023, is AED 63,000 a year: a gross yield of 6.6% on the 2024 price, before the service charge of about AED 12,400 a year.

Sales and rents for 909 over time

Sales
Unit 909, each saleTypical two-bed in Al Fouad
900K2018202020222024Typical 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, March 2018: AED 955,500 (AED 816 per sqft)Sold, January 2024: AED 950,000 (AED 811 per sqft)

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

Rents
Unit 909, 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 82,500New contract, August 2019: AED 65,000 a yearRenewal, August 2020: AED 62,000 a yearRenewal, August 2021: AED 57,000 a yearNew contract, August 2022: AED 60,000 a yearRenewal, August 2023: AED 63,000 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 909 sits

All 18 2-beds →

909 last sold in January 2024 at AED 811 per sqft, 12% above what two-beds in Al Fouad were fetching at the time (AED 727). 909's AED 63,000 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
11 Oct 2023409,613
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 9th floor

All 105 units in Al Fouad
Value
9011-bedAED 765K · Mar 2018
902StudioAED 203K · Oct 2023
9032-bedAED 1.08M · Jul 2024
9041-bedAED 760K · Nov 2019
9051-bedAED 634K · Nov 2019
9061-bedAED 706K · Nov 2019
9071-bedAED 633K · Nov 2019
1–7 of 10

909, Al Fouad in numbers

  • Sold twice: first on 18 March 2018 for AED 955,500, last on 10 January 2024 for AED 950,000 (AED 811 per sqft).
  • Rented since August 2019 on 5 Ejari contracts. The rent fell from AED 65,000 to AED 57,000 in 2021 and recovered to AED 63,000 by August 2023.
  • At AED 63,000 a year the gross yield on the 2024 price is 6.6%, before a service charge of about AED 12,400 a year (AED 10.56 per sqft).

Source: Dubai Land Department. Updated 10 January 2024.

Questions about 909, Al Fouad

What did unit 909 last sell for?

AED 950,000 on 10 January 2024: AED 811 per sqft for 1,170 sqft. The unit has 2 registered sales; the first was AED 955,500 in March 2018.

What is the rent for unit 909?

AED 63,000 a year on the contract renewed on 5 August 2023. The previous contract, from August 2022, was AED 60,000; the unit has been rented since August 2019.

How big is unit 909?

1,170 sqft (108.7 sqm): a two-bedroom apartment on the 9th floor of a 10-storey tower completed in 2017.

What is unit 909 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 909, Al Fouad

Starts from the last sale price (AED 950K, 10 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 950,000
Deposit, UAE resident (20%)
AED 190,000
Deposit, non-resident (40%)
AED 380,000
Monthly over 25 years at 3.7%
AED 3,887

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