702, Al Fouad
Sold prices and rental history: sold once, by the developer in November 2017, and rented once, from August 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 702, Al Fouad
What is 702 worth today?
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Source: Dubai Land Department. Updated 23 August 2018.
Key facts
- Type
- Studio apartment
- Size
- 518 sqft
- Floor
- 7th of 10
- Parking
- B-30
- Developer
- Sooma Real Estate Developer
- Completed
- 2017
- Service charge
- AED 5,500 /yr
- Last sold
- AED 440K · November 2017
- Building
- Al Fouad
About 702, Al Fouad
702 is a studio of 518 sqft on the 7th floor of Al Fouad, a 10-storey tower in Al Furjan completed in 2017 by Sooma Real Estate Developer. The developer sold it on 21 November 2017 for AED 440,000, or AED 848 per sqft, in line with the AED 848 studios in the building were fetching at the time.
One Ejari contract is registered, from 23 August 2018. The current contract, signed on 23 August 2018, is AED 36,000 a year: a gross yield of 8.2% on the 2017 price, before the service charge of about AED 5,500 a year.
Sales and rents for 702 over time
702 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Al Fouad, and where 702 sits
All 17 studios →702 last sold in November 2017 at AED 848 per sqft, in line with what studios in Al Fouad were fetching at the time (AED 848). 702's AED 36,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Jun 202516 June 2025 | 518 sqft | 490,000 | 945 | ||
| 29 May 202529 May 2025 | 519 sqft | 590,000 | 1,137 | ||
| 16 Dec 202416 December 2024 | 519 sqft | 500,000 | 963 | ||
| 22 Jul 202422 July 2024 | 519 sqft | 470,000 | 905 |
Al Fouad
Building105 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%
Other units on the 7th floor
All 105 units in Al Fouad| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 903 sqft | AED 800KAED 800,000 · Dec 2024December 2024 | 66,000 /yr | |
| 703 | 2-bed | 1,168 sqft | AED 963KAED 963,090 · Oct 2022October 2022 | 88,549 /yr | |
| 704 | 1-bed | 898 sqft | AED 790KAED 790,000 · Jan 2018January 2018 | 35,000 /yr | |
| 705 | 1-bed | 356 sqft | AED 257KAED 257,425 · Dec 2022December 2022 | 46,000 /yr | |
| 706 | 1-bed | 812 sqft | AED 720KAED 720,000 · Aug 2018August 2018 | 53,130 /yr | |
| 707 | 1-bed | 729 sqft | AED 740KAED 740,000 · Feb 2022February 2022 | 63,000 /yr | |
| 708 | 1-bed | 458 sqft | AED 257KAED 256,734 · Mar 2023March 2023 | 51,400 /yr | |
| 709 | 2-bed | 1,168 sqft | AED 485KAED 484,538 · Jun 2018June 2018 | 71,807 /yr | |
| 710 | Studio | 518 sqft | AED 440KAED 440,000 · Nov 2017November 2017 | 35,000 /yr | |
| 711 | 1-bed | 903 sqft | AED 775KAED 775,000 · Sep 2017September 2017 | 53,001 /yr |
702, Al Fouad in numbers
- Sold once: by Sooma Real Estate Developer on 21 November 2017 for AED 440,000, or AED 848 per sqft.
- Rented since August 2018 on one Ejari contract, at AED 36,000 a year.
- At AED 36,000 a year the gross yield on the 2017 price is 8.2%, before a service charge of about AED 5,500 a year (AED 10.56 per sqft).
Source: Dubai Land Department. Updated 23 August 2018.
Questions about 702, Al Fouad
What did unit 702 last sell for?
AED 440,000 on 21 November 2017, sold by the developer: AED 848 per sqft for 518 sqft. It is the only registered sale of the unit.
What is the rent for unit 702?
AED 36,000 a year on the contract signed on 23 August 2018.
How big is unit 702?
518 sqft (48.1 sqm): a studio on the 7th floor of a 10-storey tower completed in 2017.
What is unit 702 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 702, Al Fouad
Starts from the last sale price (AED 440K, 21 November 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 440,000
- Deposit, UAE resident (20%)
- AED 88,000
- Deposit, non-resident (40%)
- AED 176,000
- Monthly over 25 years at 3.7%
- AED 1,800
Plus AED 21,390 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →