2-bed · 1,386 sqft5th Avenue, Al Furjan · 8th floor · completed 2020

809, 5th Avenue

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

Unit 809 · DLD and Ejari recordsUpdated 16 June 2023
Last soldAED 1.3M16 June 2023
Current rentAED 70K /yr20 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 809, 5th Avenue

What is 809 worth today?

Last sold for AED 1,300,000 in 2023

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16 Jun 2023Sold by developerReady
AED 1,300,000AED 937 per sqft
20 Sep 2021RentedNew contract
AED 70,000/yr12 months · AED 49 per sqft

Source: Dubai Land Department. Updated 16 June 2023.

Key facts

Type
2-bed apartment
Size
1,386 sqft
Floor
8th of 10
Parking
P-59
Developer
Mr Hussin Meseh Iskandar
Completed
2020
Service charge
AED 17,200 /yr
Last sold
AED 1.3M · June 2023
Building
5th Avenue

About 809, 5th Avenue

809 is a two-bedroom apartment of 1,386 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 16 June 2023 for AED 1,300,000, or AED 937 per sqft, 4% above the AED 900 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 September 2021. The current contract, signed on 20 September 2021, is AED 70,000 a year: a gross yield of 5.4% on the 2023 price, before the service charge of about AED 17,200 a year.

Sales and rents for 809 over time

Sales
Unit 809, each saleTypical two-bed in 5th Avenue
1.3M1.35M202320242025Typical sale price by year: 2023 AED 1,278,900; 2024 AED 1,339,622Sold by developer, June 2023: AED 1,300,000 (AED 937 per sqft)

809 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 809, each contractTypical two-bed in 5th Avenue
75K100K202120232025Typical rent by year: 2021 AED 70,000; 2022 AED 72,975; 2023 AED 75,216; 2024 AED 80,179; 2025 AED 115,000New contract, September 2021: AED 70,000 a year

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 809 sits

All 57 2-beds →

809 last sold in June 2023 at AED 937 per sqft, 4% above what two-beds in 5th Avenue were fetching at the time (AED 900). 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. 809's AED 70,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
27 Jan 20261,800,000
3 Feb 20251,850,000
20 Dec 20241,700,000
9 Sep 20241,430,000
1 2-bed sale 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
8031-bedAED 814K · Dec 2023
8043-bedAED 2.14M · Sep 2024
8052-bedAED 1.31M · Feb 2024
8062-bedAED 1.3M · May 2023
8072-bedAED 1.25M · Aug 2023
1–7 of 8

809, 5th Avenue in numbers

  • Sold once: by Mr Hussin Meseh Iskandar on 16 June 2023 for AED 1,300,000, or AED 937 per sqft.
  • Rented since September 2021 on one Ejari contract, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2023 price is 5.4%, before a service charge of about AED 17,200 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 16 June 2023.

Questions about 809, 5th Avenue

What did unit 809 last sell for?

AED 1,300,000 on 16 June 2023, sold by the developer: AED 937 per sqft for 1,386 sqft. It is the only registered sale of the unit.

What is the rent for unit 809?

AED 70,000 a year on the contract signed on 20 September 2021.

How big is unit 809?

1,386 sqft (128.8 sqm): a two-bedroom apartment on the 8th floor of a 10-storey tower completed in 2020.

What is unit 809 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 809, 5th Avenue

Starts from the last sale price (AED 1.3M, 16 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →