408, 5th Avenue
Sold prices and rental history: sold once, by the developer in September 2023, and rented once, from March 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, 5th Avenue
What is 408 worth today?
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Source: Dubai Land Department. Updated 28 September 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,294 sqft
- Floor
- 4th of 10
- Parking
- G-56
- Developer
- Mr Hussin Meseh Iskandar
- Completed
- 2020
- Service charge
- AED 16,000 /yr
- Last sold
- AED 1.29M · September 2023
- Building
- 5th Avenue
About 408, 5th Avenue
408 is a two-bedroom apartment of 1,294 sqft on the 4th floor of 5th Avenue, a 10-storey tower in Al Furjan completed in 2020 by Mr Hussin Meseh Iskandar. The developer sold it on 28 September 2023 for AED 1,285,227, or AED 993 per sqft, 7% above the AED 924 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 23 March 2022. The current contract, renewed on 23 March 2022, is AED 71,400 a year: a gross yield of 5.6% on the 2023 price, before the service charge of about AED 16,000 a year.
Sales and rents for 408 over time
408 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in 5th Avenue, and where 408 sits
All 57 2-beds →408 last sold in September 2023 at AED 993 per sqft, 7% above what two-beds in 5th Avenue were fetching at the time (AED 924). Over the last 12 months two-beds sold for AED 1,800,000, around AED 1,457 per sqft, and rent for AED 100,000 to 144,000 a year. 408's AED 71,400 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Jan 202627 January 2026 | 1,235 sqft | 1,800,000 | 1,457 | ||
| 3 Feb 20253 February 2025 | 1,383 sqft | 1,850,000 | 1,337 | ||
| 20 Dec 202420 December 2024 | 1,336 sqft | 1,700,000 | 1,272 | ||
| 9 Sep 20249 September 2024 | 1,304 sqft | 1,430,000 | 1,096 |
5th Avenue
Building92 apartments, 1-bed to 3-bed over 10 floors in Al Furjan, completed in 2020 by Mr Hussin Meseh Iskandar. 1 sold in the last 12 months.
- Typical price per sqft
- AED 1,457
- Typical sale
- AED 1.8M
- Typical rent
- AED 115K /yr
- Typical yield
- 5.8%
Other units on the 4th floor
All 92 units in 5th Avenue| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,377 sqft | AED 1.27MAED 1,266,578 · Oct 2023October 2023 | 88,000 /yr | |
| 402 | 3-bed | 2,159 sqft | AED 2MAED 1,997,112 · May 2024May 2024 | 104,904 /yr | |
| 403 | 1-bed | 818 sqft | AED 814KAED 813,974 · Jun 2023June 2023 | 63,480 /yr | |
| 404 | 1-bed | 1,073 sqft | AED 1.09MAED 1,091,414 · Dec 2023December 2023 | 65,000 /yr | |
| 405 | 3-bed | 2,323 sqft | AED 2.15MAED 2,148,359 · May 2024May 2024 | 170,000 /yr | |
| 406 | 2-bed | 1,398 sqft | AED 1.25MAED 1,250,000 · Oct 2023October 2023 | 116,000 /yr | |
| 407 | 2-bed | 1,394 sqft | AED 1.33MAED 1,331,728 · Nov 2023November 2023 | 77,000 /yr | |
| 409 | 2-bed | 1,302 sqft | AED 1.5MAED 1,500,000 · Jun 2023June 2023 | ||
| 410 | 2-bed | 1,373 sqft | AED 1.21MAED 1,208,384 · Feb 2023February 2023 | 123,000 /yr |
408, 5th Avenue in numbers
- Sold once: by Mr Hussin Meseh Iskandar on 28 September 2023 for AED 1,285,227, or AED 993 per sqft.
- Rented since March 2022 on one Ejari contract, at AED 71,400 a year.
- At AED 71,400 a year the gross yield on the 2023 price is 5.6%, before a service charge of about AED 16,000 a year (AED 12.39 per sqft).
- Two-beds in 5th Avenue sold for AED 1,800,000–1,800,000 in the 12 months to November 2026; the building's median across all types is AED 1,457 per sqft.
Source: Dubai Land Department. Updated 28 September 2023.
Questions about 408, 5th Avenue
What did unit 408 last sell for?
AED 1,285,227 on 28 September 2023, sold by the developer: AED 993 per sqft for 1,294 sqft. It is the only registered sale of the unit.
What is the rent for unit 408?
AED 71,400 a year on the contract renewed on 23 March 2022.
How big is unit 408?
1,294 sqft (120.2 sqm): a two-bedroom apartment on the 4th floor of a 10-storey tower completed in 2020.
What is unit 408 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in 5th Avenue sold for AED 1,800,000 to 1,800,000 in the last 12 months, around AED 1,457 per sqft.
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Mortgage on 408, 5th Avenue
Starts from the last sale price (AED 1.29M, 28 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,285,227
- Deposit, UAE resident (20%)
- AED 257,045
- Deposit, non-resident (40%)
- AED 514,091
- Monthly over 25 years at 3.7%
- AED 5,258
Plus AED 58,989 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →