1-bed · 662 sqftMicasa Avenue, Al Furjan · 7th floor · completed 2018

702, Micasa Avenue

Sold prices and rental history: no registered sale, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 702 · DLD and Ejari recordsUpdated 15 August 2024
Current rentAED 48K /yr15 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 702, Micasa Avenue

What is 702 worth today?

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15 Aug 2024RentedNew contract
AED 48,400/yr12 months · AED 73 per sqft
15 Aug 2023RentedRenewal
AED 44,000/yr12 months · AED 67 per sqft
15 Aug 2022RentedRenewal
AED 40,000/yr12 months · AED 61 per sqft
15 Jul 2021RentedNew contract
AED 35,000/yr13 months · AED 53 per sqft

Source: Dubai Land Department. Updated 15 August 2024.

Key facts

Type
1-bed apartment
Size
662 sqft
Floor
7th of 7
Parking
B-43
Developer
Diamond Real Estate Developer
Completed
2018
Service charge
AED 9,200 /yr
Last sold
No registered sale

About 702, Micasa Avenue

702 is a one-bedroom apartment of 662 sqft on the 7th floor of Micasa Avenue, a 7-storey tower in Al Furjan completed in 2018 by Diamond Real Estate Developer. No sale of the unit is registered with the Dubai Land Department.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 15 August 2024, is AED 48,400 a year, before the service charge of about AED 9,200 a year.

Sales and rents for 702 over time

Rents
Unit 702, each contractTypical one-bed in Micasa Avenue
40K50K20192021202320252027Typical rent by year: 2019 AED 40,000; 2020 AED 42,000; 2021 AED 35,000; 2022 AED 40,000; 2023 AED 44,000; 2024 AED 48,400; 2025 AED 52,200; 2026 AED 55,000New contract, July 2021: AED 35,000 a yearRenewal, August 2022: AED 40,000 a yearRenewal, August 2023: AED 44,000 a yearNew contract, August 2024: AED 48,400 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Micasa Avenue, and where 702 sits

All 49 1-beds →

702's AED 48,400 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
28 Nov 2019635,000
13 Mar 2019635,000
0 1-bed sales in the last 12 months

Micasa Avenue

Building

63 apartments, 1-bed to 2-bed over 7 floors in Al Furjan, completed in 2018 by Diamond Real Estate Developer. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 57K /yr
Typical yield
Micasa Avenue, Al Furjan: prices, sales and rents →

Other units on the 7th floor

All 63 units in Micasa Avenue
Value
7011-bedNo registered sale
7032-bedNo registered sale
7041-bedNo registered sale
7051-bedNo registered sale
7061-bedNo registered sale
7071-bedNo registered sale
7082-bedNo registered sale
1–7 of 8

702, Micasa Avenue in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since July 2021 on 4 Ejari contracts, from AED 35,000 to AED 48,400 a year.

Source: Dubai Land Department. Updated 15 August 2024.

Questions about 702, Micasa Avenue

What is the rent for unit 702?

AED 48,400 a year on the contract signed on 15 August 2024. The previous contract, from August 2023, was AED 44,000; the unit has been rented since July 2021.

How big is unit 702?

662 sqft (61.5 sqm): a one-bedroom apartment on the 7th floor of a 7-storey tower completed in 2018.

What is unit 702 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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