503, 5th Avenue
Sold prices and rental history: sold once, by the developer in July 2023, and rented once, from April 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, 5th Avenue
What is 503 worth today?
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Source: Dubai Land Department. Updated 27 July 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 818 sqft
- Floor
- 5th of 10
- Parking
- G-66
- Developer
- Mr Hussin Meseh Iskandar
- Completed
- 2020
- Service charge
- AED 10,100 /yr
- Last sold
- AED 800K · July 2023
- Building
- 5th Avenue
About 503, 5th Avenue
503 is a one-bedroom apartment of 818 sqft on the 5th floor of 5th Avenue, a 10-storey tower in Al Furjan completed in 2020 by Mr Hussin Meseh Iskandar. The developer sold it on 27 July 2023 for AED 800,000, or AED 978 per sqft, in line with the AED 950 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 25 April 2023. The current contract, signed on 25 April 2023, is AED 80,000 a year: a gross yield of 10.0% on the 2023 price, before the service charge of about AED 10,100 a year.
Sales and rents for 503 over time
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in 5th Avenue, and where 503 sits
All 13 1-beds →503 last sold in July 2023 at AED 978 per sqft, in line with what one-beds in 5th Avenue were fetching at the time (AED 950). 503's AED 80,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Jan 20259 January 2025 | 1,076 sqft | 1,100,000 | 1,022 | ||
| 20 Nov 202420 November 2024 | 1,074 sqft | 1,100,000 | 1,024 | ||
| 19 Dec 202319 December 2023 | 818 sqft | 917,987 | 1,122 | ||
| 19 Dec 202319 December 2023 | 1,073 sqft | 1,091,414 | 1,017 |
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 5th floor
All 92 units in 5th Avenue| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,238 sqft | AED 1.21MAED 1,207,352 · Sep 2023September 2023 | 78,000 /yr | |
| 502 | 3-bed | 2,186 sqft | AED 1.86MAED 1,857,786 · Jul 2023July 2023 | 100,640 /yr | |
| 504 | 3-bed | 3,226 sqft | AED 2.32MAED 2,322,389 · May 2024May 2024 | 150,000 /yr | |
| 505 | 2-bed | 1,398 sqft | AED 1.27MAED 1,272,900 · Nov 2023November 2023 | 73,500 /yr | |
| 506 | 2-bed | 1,395 sqft | AED 1.3MAED 1,297,764 · Apr 2023April 2023 | 90,300 /yr | |
| 507 | 2-bed | 1,295 sqft | AED 1.35MAED 1,350,000 · Jan 2024January 2024 | 110,000 /yr | |
| 508 | 2-bed | 1,304 sqft | AED 1.43MAED 1,430,000 · Sep 2024September 2024 | 100,000 /yr | |
| 509 | 2-bed | 1,235 sqft | AED 1.8MAED 1,800,000 · Jan 2026January 2026 | 120,000 /yr |
503, 5th Avenue in numbers
- Sold once: by Mr Hussin Meseh Iskandar on 27 July 2023 for AED 800,000, or AED 978 per sqft.
- Rented since April 2023 on one Ejari contract, at AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2023 price is 10.0%, before a service charge of about AED 10,100 a year (AED 12.39 per sqft).
Source: Dubai Land Department. Updated 27 July 2023.
Questions about 503, 5th Avenue
What did unit 503 last sell for?
AED 800,000 on 27 July 2023, sold by the developer: AED 978 per sqft for 818 sqft. It is the only registered sale of the unit.
What is the rent for unit 503?
AED 80,000 a year on the contract signed on 25 April 2023.
How big is unit 503?
818 sqft (76.0 sqm): a one-bedroom apartment on the 5th floor of a 10-storey tower completed in 2020.
What is unit 503 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 503, 5th Avenue
Starts from the last sale price (AED 800K, 27 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 800,000
- Deposit, UAE resident (20%)
- AED 160,000
- Deposit, non-resident (40%)
- AED 320,000
- Monthly over 25 years at 3.7%
- AED 3,273
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →