1-bed · 357 sqftAl Fouad, Al Furjan · 5th floor · completed 2017

507, Al Fouad

Sold prices and rental history: sold once, by the developer in December 2022, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 1 May 2025
Last soldAED 256K6 December 2022
Current rentAED 47K /yr1 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Al Fouad

What is 507 worth today?

Last sold for AED 256,272 in 2022

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1 May 2025RentedRenewal
AED 46,500/yr12 months · AED 64 per sqft
1 May 2024RentedRenewal
AED 41,000/yr12 months · AED 56 per sqft
1 May 2023RentedRenewal
AED 37,000/yr12 months · AED 51 per sqft
6 Dec 2022Sold by developerReady
AED 256,272AED 688 per sqft
1 May 2022RentedRenewal
AED 32,000/yr12 months · AED 44 per sqft
1 Mar 2021RentedNew contract
AED 32,000/yr14 months · AED 44 per sqft
1 Dec 2019RentedNew contract
AED 45,000/yr14 months · AED 62 per sqft
1 Aug 2018RentedNew contract
AED 64,563/yr36 months · AED 89 per sqft

Source: Dubai Land Department. Updated 1 May 2025.

Key facts

Type
1-bed apartment
Size
357 sqft
Floor
5th of 10
Parking
B-24
Developer
Sooma Real Estate Developer
Completed
2017
Service charge
AED 3,800 /yr
Last sold
AED 256K · December 2022
Building
Al Fouad

About 507, Al Fouad

507 is a one-bedroom apartment of 357 sqft on the 5th floor of Al Fouad, a 10-storey tower in Al Furjan completed in 2017 by Sooma Real Estate Developer. The developer sold it on 6 December 2022 for AED 256,272, or AED 688 per sqft, in line with the AED 694 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 1 May 2025, is AED 46,500 a year: a gross yield of 18.1% on the 2022 price, before the service charge of about AED 3,800 a year.

Sales and rents for 507 over time

Sales
Unit 507, each saleTypical one-bed in Al Fouad
250K500K750K2017202020232026Typical sale price by year: 2017 AED 750,000; 2018 AED 757,000; 2019 AED 705,500; 2022 AED 272,882; 2023 AED 295,733; 2024 AED 650,000; 2025 AED 800,000Sold by developer, December 2022: AED 256,272 (AED 688 per sqft)

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

Rents
Unit 507, each contractTypical one-bed in Al Fouad
40K60K2018202120242027Typical rent by year: 2018 AED 58,000; 2019 AED 49,000; 2020 AED 43,000; 2021 AED 37,500; 2022 AED 38,000; 2023 AED 44,000; 2024 AED 48,700; 2025 AED 51,400; 2026 AED 51,400New contract, August 2018: AED 64,563 a yearNew contract, December 2019: AED 45,000 a yearNew contract, March 2021: AED 32,000 a yearRenewal, May 2022: AED 32,000 a yearRenewal, May 2023: AED 37,000 a yearRenewal, May 2024: AED 41,000 a yearRenewal, May 2025: AED 46,500 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 Al Fouad, and where 507 sits

All 67 1-beds →

507 last sold in December 2022 at AED 688 per sqft, in line with what one-beds in Al Fouad were fetching at the time (AED 694). Over the last 12 months one-beds sold for AED 849,000, around AED 945 per sqft, and rent for AED 48,000 to 70,000 a year. 507's AED 46,500 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Feb 2026849,000
17 Jun 2025800,000
8 Apr 2025715,000
27 Feb 2025800,000
1 1-bed sale in the last 12 months

Al Fouad

Building

105 apartments, studios to 3-bed over 10 floors in Al Furjan, completed in 2017 by Sooma Real Estate Developer. 1 sold in the last 12 months.

Typical price per sqft
AED 945
Typical sale
AED 849K
Typical rent
AED 52K /yr
Typical yield
7.7%
Al Fouad, Al Furjan: prices, sales and rents →

Other units on the 5th floor

All 105 units in Al Fouad
Value
5011-bedNo registered sale
502StudioAED 440K · Apr 2022
5032-bedAED 860K · Jan 2024
5041-bedNo registered sale
5051-bedAED 605K · Nov 2017
5061-bedAED 284K · Dec 2022
5081-bedAED 600K · Aug 2023
1–7 of 10

507, Al Fouad in numbers

  • Sold once: by Sooma Real Estate Developer on 6 December 2022 for AED 256,272, or AED 688 per sqft.
  • Rented since August 2018 on 7 Ejari contracts. The rent fell from AED 64,563 to AED 32,000 in 2022 and recovered to AED 46,500 by May 2025.
  • At AED 46,500 a year the gross yield on the 2022 price is 18.1%, before a service charge of about AED 3,800 a year (AED 10.56 per sqft).
  • One-beds in Al Fouad sold for AED 849,000–849,000 in the 12 months to November 2026; the building's median across all types is AED 945 per sqft.

Source: Dubai Land Department. Updated 1 May 2025.

Questions about 507, Al Fouad

What did unit 507 last sell for?

AED 256,272 on 6 December 2022, sold by the developer: AED 688 per sqft for 357 sqft. It is the only registered sale of the unit.

What is the rent for unit 507?

AED 46,500 a year on the contract renewed on 1 May 2025. The previous contract, from May 2024, was AED 41,000; the unit has been rented since August 2018.

How big is unit 507?

357 sqft (33.2 sqm): a one-bedroom apartment on the 5th floor of a 10-storey tower completed in 2017.

What is unit 507 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Al Fouad sold for AED 849,000 to 849,000 in the last 12 months, around AED 945 per sqft.

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Mortgage on 507, Al Fouad

Starts from the last sale price (AED 256K, 6 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 256,272
Deposit, UAE resident (20%)
AED 51,254
Deposit, non-resident (40%)
AED 102,509
Monthly over 25 years at 3.7%
AED 1,048

Plus AED 13,674 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →