Al Fouad by Sooma
Al Fouad by Sooma is a 12-storey residential building in Al Furjan, Dubai, developed by Sooma Real Estate Developer LLC. Construction began in January 2016 and the building was completed in December 2017, with Sooma publicly announcing the handover in March 2018 as one of the first residential towers delivered in the community. The building holds 105 apartments across a mix of studio, one-, two- and three-bedroom units. This guide covers Al Fouad by Sooma's building profile, location and honest Airbnb income potential, with management available from Royale Stays for a fee starting from 15%.
Developer
Sooma Real Estate Developer LLC
Storeys
12
Completed
December 2017
Location
Al Furjan
About Al Fouad by Sooma
Al Fouad by Sooma is a 12-storey residential building in Al Furjan, developed by Sooma Real Estate Developer LLC. Construction began in January 2016 and was completed in December 2017, with Sooma publicly announcing the handover in March 2018 as one of the first residential towers delivered in Nakheel's Al Furjan masterplan. The building holds 105 apartments in a mix of studio, one-, two- and three-bedroom units.
Developer, storey count, unit count and construction timeline cross-confirmed across Bayut's building guide, a March 2018 Zawya press release and Construction Business News Middle East report announcing the handover, and Engel & Volkers' project listing.
Location & Nearby Landmarks
Al Fouad by Sooma sits within Al Furjan, a Nakheel-developed community strategically positioned between Sheikh Zayed Road and Sheikh Mohammed Bin Zayed Road, directly adjacent to Discovery Gardens. The building is registered with the Dubai Land Department under the Jabal Ali First area, the official DLD designation that covers the Al Furjan community, so both names refer to the same location rather than two different places.
A Carrefour supermarket in Discovery Gardens is about a 5-minute drive away, and Ibn Battuta Mall, with around 1,000 shops and 40 fashion outlets, is roughly 11 minutes away. For a wider view of the district's short-term rental market, see Royale Stays' Airbnb management guide for Al Furjan.
Unit Types
Al Fouad by Sooma offers studios and one-, two- and three-bedroom apartments, with unit sizes ranging from around 516 sq ft (48 sqm) studios up to 1,200 sq ft (111 sqm) three-bedroom layouts, across its 105 total units.
Amenities
The building includes two ground-floor retail units, a rooftop swimming pool and gym, underground and open shaded parking, 24-hour security and high-speed elevators. Al Furjan's own community centres, Al Furjan Pavilion and Al Furjan West Pavilion, add further retail, dining, sports courts and swimming pools within walking or short driving distance.
Transportation & Access
Al Furjan has its own Dubai Metro station, Al Furjan Metro Station on the Red Line's Route 2020 extension, which opened in January 2021 with direct access onto Sheikh Zayed Road. From Al Fouad by Sooma, Dubai International Airport (DXB) is roughly 33 minutes away by car, Palm Jumeirah around 17 minutes, and Dubai Mall about 25 minutes.
Drive-time estimates are sourced from Bayut's building guide and Propsearch.ae's Google Maps-based estimates. No walking-distance figure from Al Fouad by Sooma to Al Furjan Metro Station was independently confirmed for this specific building.
Rental & Price Trends
Dubai Land Department transaction data shows roughly 50 recorded sale transactions for Al Fouad by Sooma. Bayut's DLD-linked market analysis puts the average sale price at approximately AED 681,786, or around AED 906 per sq ft, while Propsearch.ae's own DLD-based estimate puts the average closer to AED 640 per sq ft. On the rental side, Bayut's transaction data shows an average annual rent of about AED 70,734, with listed apartments ranging from roughly AED 45,000 to AED 125,000 per year, and rents down around 19% year-on-year based on DLD-recorded transactions.
Price-per-square-foot figures differ between Bayut (around AED 906/sqft) and Propsearch (around AED 640/sqft); both draw on Dubai Land Department transaction data but appear to use different sampling windows or unit-mix weighting. Both figures are presented here rather than picking one.
STR Income Potential
Al Furjan is not currently one of Royale Stays' five core managed areas (Palm Jumeirah, Dubai Marina, Downtown Dubai, JBR and Business Bay), so this guide does not claim a Royale Stays management track record at Al Fouad by Sooma specifically. Sooma Real Estate Developer LLC is a private developer rather than a restricted hotel brand, so there is no confirmed policy barrier to running a licensed holiday home in the building.
Every short-term rental in Dubai requires a DTCM holiday home permit. Royale Stays can arrange the permit application and manage the day-to-day operation, including for owners based overseas, for a fee starting from 15%, covering furnishing, photography, pricing, check-in and guest communications. See Royale Stays' Dubai holiday home permit guide for the current permit process, or the full guide to Airbnb property management in Dubai for how the service works end to end.
Questions