701, 5th Avenue
Sold prices and rental history: sold once, by the developer in August 2023, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, 5th Avenue
What is 701 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 February 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,420 sqft
- Floor
- 7th of 10
- Parking
- P-28
- Developer
- Mr Hussin Meseh Iskandar
- Completed
- 2020
- Service charge
- AED 17,600 /yr
- Last sold
- AED 1.35M · August 2023
- Building
- 5th Avenue
About 701, 5th Avenue
701 is a two-bedroom apartment of 1,420 sqft on the 7th floor of 5th Avenue, a 10-storey tower in Al Furjan completed in 2020 by Mr Hussin Meseh Iskandar. The developer sold it on 14 August 2023 for AED 1,350,000, or AED 951 per sqft, in line with the AED 924 two-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 1 February 2025, is AED 130,000 a year: a gross yield of 9.6% on the 2023 price, before the service charge of about AED 17,600 a year.
Sales and rents for 701 over time
701 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 701 sits
All 57 2-beds →701 last sold in August 2023 at AED 951 per sqft, in line with 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. 701's AED 130,000 is in the upper half 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 7th floor
All 92 units in 5th Avenue| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 3-bed | 2,193 sqft | AED 2.05MAED 2,050,006 · Mar 2024March 2024 | 170,000 /yr | |
| 703 | 1-bed | 818 sqft | AED 777KAED 776,956 · Jan 2023January 2023 | 70,000 /yr | |
| 704 | 3-bed | 2,141 sqft | AED 2.14MAED 2,141,390 · Sep 2024September 2024 | 94,500 /yr | |
| 705 | 2-bed | 1,398 sqft | AED 1.31MAED 1,306,952 · Dec 2023December 2023 | 77,000 /yr | |
| 706 | 2-bed | 1,395 sqft | AED 1.33MAED 1,332,645 · Nov 2023November 2023 | 112,500 /yr | |
| 707 | 2-bed | 1,386 sqft | AED 1.27MAED 1,271,719 · Aug 2023August 2023 | 127,001 /yr | |
| 708 | 2-bed | 1,351 sqft | AED 1.22MAED 1,216,085 · Jan 2023January 2023 | 73,000 /yr | |
| 709 | 2-bed | 1,415 sqft | AED 1.27MAED 1,273,628 · Jun 2023June 2023 | 85,000 /yr |
701, 5th Avenue in numbers
- Sold once: by Mr Hussin Meseh Iskandar on 14 August 2023 for AED 1,350,000, or AED 951 per sqft.
- Rented since December 2021 on 5 Ejari contracts, from AED 72,000 to AED 130,000 a year.
- At AED 130,000 a year the gross yield on the 2023 price is 9.6%, before a service charge of about AED 17,600 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: YallaValue analysis of Dubai Land Department records. Updated 1 February 2025.
Questions about 701, 5th Avenue
What did unit 701 last sell for?
AED 1,350,000 on 14 August 2023, sold by the developer: AED 951 per sqft for 1,420 sqft. It is the only registered sale of the unit.
What is the rent for unit 701?
AED 130,000 a year on the contract signed on 1 February 2025. The previous contract, from December 2023, was AED 75,600; the unit has been rented since December 2021.
How big is unit 701?
1,420 sqft (131.9 sqm): a two-bedroom apartment on the 7th floor of a 10-storey tower completed in 2020.
What is unit 701 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 701, 5th Avenue
Starts from the last sale price (AED 1.35M, 14 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,350,000
- Deposit, UAE resident (20%)
- AED 270,000
- Deposit, non-resident (40%)
- AED 540,000
- Monthly over 25 years at 3.7%
- AED 5,523
Plus AED 61,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →