1-bed · 818 sqft5th Avenue, Al Furjan · 8th floor · completed 2020

803, 5th Avenue

Sold prices and rental history: sold once, by the developer in December 2023, and rented once, from October 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 803 · DLD and Ejari recordsUpdated 8 December 2023
Last soldAED 814K8 December 2023
Current rentAED 50K /yr23 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 803, 5th Avenue

What is 803 worth today?

Last sold for AED 814,081 in 2023

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8 Dec 2023Sold by developerReady
AED 814,081AED 995 per sqft
23 Oct 2021RentedNew contract
AED 50,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 8 December 2023.

Key facts

Type
1-bed apartment
Size
818 sqft
Floor
8th of 10
Parking
P-53
Developer
Mr Hussin Meseh Iskandar
Completed
2020
Service charge
AED 10,100 /yr
Last sold
AED 814K · December 2023
Building
5th Avenue

About 803, 5th Avenue

803 is a one-bedroom apartment of 818 sqft on the 8th floor of 5th Avenue, a 10-storey tower in Al Furjan completed in 2020 by Mr Hussin Meseh Iskandar. The developer sold it on 8 December 2023 for AED 814,081, or AED 995 per sqft, in line with the AED 987 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 23 October 2021. The current contract, signed on 23 October 2021, is AED 50,000 a year: a gross yield of 6.1% on the 2023 price, before the service charge of about AED 10,100 a year.

Sales and rents for 803 over time

Rents
Unit 803, 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, October 2021: AED 50,000 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 803 sits

All 13 1-beds →

803 last sold in December 2023 at AED 995 per sqft, in line with what one-beds in 5th Avenue were fetching at the time (AED 987). 803's AED 50,000 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 8th floor

All 92 units in 5th Avenue
Value
8012-bedAED 1.6M · Oct 2023
8023-bedAED 2.48M · Sep 2024
8043-bedAED 2.14M · Sep 2024
8052-bedAED 1.31M · Feb 2024
8062-bedAED 1.3M · May 2023
8072-bedAED 1.25M · Aug 2023
8082-bedAED 1.65M · Jan 2024
1–7 of 8

803, 5th Avenue in numbers

  • Sold once: by Mr Hussin Meseh Iskandar on 8 December 2023 for AED 814,081, or AED 995 per sqft.
  • Rented since October 2021 on one Ejari contract, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2023 price is 6.1%, before a service charge of about AED 10,100 a year (AED 12.39 per sqft).

Source: Dubai Land Department. Updated 8 December 2023.

Questions about 803, 5th Avenue

What did unit 803 last sell for?

AED 814,081 on 8 December 2023, sold by the developer: AED 995 per sqft for 818 sqft. It is the only registered sale of the unit.

What is the rent for unit 803?

AED 50,000 a year on the contract signed on 23 October 2021.

How big is unit 803?

818 sqft (76.0 sqm): a one-bedroom apartment on the 8th floor of a 10-storey tower completed in 2020.

What is unit 803 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 803, 5th Avenue

Starts from the last sale price (AED 814K, 8 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 814,081
Deposit, UAE resident (20%)
AED 162,816
Deposit, non-resident (40%)
AED 325,632
Monthly over 25 years at 3.7%
AED 3,331

Plus AED 39,201 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →