1-bed · 818 sqft5th Avenue, Al Furjan · 7th floor · completed 2020

703, 5th Avenue

Sold prices and rental history: sold once, by the developer in January 2023, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 20 February 2025
Last soldAED 777K26 January 2023
Current rentAED 70K /yr20 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, 5th Avenue

What is 703 worth today?

Last sold for AED 776,956 in 2023

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20 Feb 2025RentedRenewal
AED 70,000/yr12 months · AED 86 per sqft
20 Feb 2024RentedNew contract
AED 70,000/yr12 months · AED 86 per sqft
1 Feb 2023RentedNew contract
AED 55,000/yr12 months · AED 67 per sqft
26 Jan 2023Sold by developerReady
AED 776,956AED 950 per sqft

Source: Dubai Land Department. Updated 20 February 2025.

Key facts

Type
1-bed apartment
Size
818 sqft
Floor
7th of 10
Parking
P-29
Developer
Mr Hussin Meseh Iskandar
Completed
2020
Service charge
AED 10,100 /yr
Last sold
AED 777K · January 2023
Building
5th Avenue

About 703, 5th Avenue

703 is a one-bedroom apartment of 818 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 26 January 2023 for AED 776,956, or AED 950 per sqft.

It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 20 February 2025, is AED 70,000 a year: a gross yield of 9.0% on the 2023 price, before the service charge of about AED 10,100 a year.

Sales and rents for 703 over time

Rents
Unit 703, each contractTypical one-bed in 5th Avenue
60K202120232025Typical rent by year: 2021 AED 50,000; 2022 AED 51,000; 2023 AED 55,000; 2024 AED 60,000; 2025 AED 74,000New contract, February 2023: AED 55,000 a yearNew contract, February 2024: AED 70,000 a yearRenewal, February 2025: AED 70,000 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 5th Avenue, and where 703 sits

All 13 1-beds →

703's AED 70,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
9 Jan 20251,100,000
20 Nov 20241,100,000
19 Dec 2023917,987
19 Dec 20231,091,414
0 1-bed sales in the last 12 months

5th Avenue

Building

92 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%
5th Avenue, Al Furjan: prices, sales and rents →

Other units on the 7th floor

All 92 units in 5th Avenue
Value
7012-bedAED 1.35M · Aug 2023
7023-bedAED 2.05M · Mar 2024
7043-bedAED 2.14M · Sep 2024
7052-bedAED 1.31M · Dec 2023
7062-bedAED 1.33M · Nov 2023
7072-bedAED 1.27M · Aug 2023
7082-bedAED 1.22M · Jan 2023
1–7 of 8

703, 5th Avenue in numbers

  • Sold once: by Mr Hussin Meseh Iskandar on 26 January 2023 for AED 776,956, or AED 950 per sqft.
  • Rented since February 2023 on 3 Ejari contracts, from AED 55,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2023 price is 9.0%, before a service charge of about AED 10,100 a year (AED 12.39 per sqft).

Source: Dubai Land Department. Updated 20 February 2025.

Questions about 703, 5th Avenue

What did unit 703 last sell for?

AED 776,956 on 26 January 2023, sold by the developer: AED 950 per sqft for 818 sqft. It is the only registered sale of the unit.

What is the rent for unit 703?

AED 70,000 a year on the contract renewed on 20 February 2025. The previous contract, from February 2024, was AED 70,000; the unit has been rented since February 2023.

How big is unit 703?

818 sqft (76.0 sqm): a one-bedroom apartment on the 7th floor of a 10-storey tower completed in 2020.

What is unit 703 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 703, 5th Avenue

Starts from the last sale price (AED 777K, 26 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 776,956
Deposit, UAE resident (20%)
AED 155,391
Deposit, non-resident (40%)
AED 310,782
Monthly over 25 years at 3.7%
AED 3,179

Plus AED 37,642 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →