1002, Avenue Residence 1
Sold prices and rental history: sold 3 times, last in October 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1002, Avenue Residence 1
What is 1002 worth today?
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Source: Dubai Land Department. Updated 1 August 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,191 sqft
- Floor
- 10th of 10
- Parking
- P-70, P-71
- Developer
- Nabni Real Estate Development
- Completed
- 2014
- Service charge
- AED 15,500 /yr
- Last sold
- AED 1.11M · October 2014
- Building
- Avenue Residence 1
About 1002, Avenue Residence 1
1002 is a two-bedroom apartment of 1,191 sqft on the 10th floor of Avenue Residence 1, a 10-storey tower in Al Furjan completed in 2014 by Nabni Real Estate Development. It last sold on 16 October 2014 for AED 1,105,713, or AED 928 per sqft, 10% above the AED 845 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 1 August 2025, is AED 95,000 a year: a gross yield of 8.6% on the 2014 price, before the service charge of about AED 15,500 a year.
Sales and rents for 1002 over time
1002 has sold 3 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Avenue Residence 1, and where 1002 sits
All 64 2-beds →1002 last sold in October 2014 at AED 928 per sqft, 10% above what two-beds in Avenue Residence 1 were fetching at the time (AED 845). Over the last 12 months two-beds sold for AED 692,008 to 1,500,000, around AED 949 per sqft, and rent for AED 76,650 to 115,000 a year. 1002's AED 95,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Jan 202628 January 2026 | 782 sqft | 692,008 | 884 | ||
| 16 Jan 202616 January 2026 | 1,480 sqft | 1,500,000 | 1,013 | ||
| 20 Jun 202520 June 2025 | 1,448 sqft | 1,550,000 | 1,070 | ||
| 14 Apr 202514 April 2025 | 1,297 sqft | 1,270,000 | 979 |
Avenue Residence 1
Building99 apartments, 1-bed to 3-bed over 10 floors in Al Furjan, completed in 2014 by Nabni Real Estate Development. 2 sold in the last 12 months.
- Typical price per sqft
- AED 949
- Typical sale
- AED 1.1M
- Typical rent
- AED 92K /yr
- Typical yield
- 8.0%
Other units on the 10th floor
All 99 units in Avenue Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 3-bed | 1,959 sqft | AED 1.81MAED 1,806,840 · Oct 2014October 2014 | 98,000 /yr | |
| 1003 | 1-bed | 811 sqft | AED 750KAED 749,835 · Oct 2014October 2014 | 70,000 /yr | |
| 1004 | 2-bed | 1,480 sqft | AED 1.37MAED 1,367,667 · Oct 2014October 2014 | 92,000 /yr | |
| 1005 | 2-bed | 1,304 sqft | AED 1.21MAED 1,206,333 · Oct 2014October 2014 | 65,000 /yr | |
| 1006 | 3-bed | 1,559 sqft | AED 1.41MAED 1,413,567 · Oct 2014October 2014 | 140,000 /yr | |
| 1007 | 2-bed | 1,448 sqft | AED 1.3MAED 1,302,696 · Oct 2014October 2014 | 74,000 /yr | |
| 1008 | 2-bed | 1,297 sqft | AED 1.4MAED 1,400,000 · Mar 2025March 2025 | 70,100 /yr | |
| 1009 | 2-bed | 1,537 sqft | AED 1.45MAED 1,448,145 · Oct 2014October 2014 | 95,000 /yr | |
| 1010 | 2-bed | 1,026 sqft | AED 967KAED 966,564 · Oct 2014October 2014 | 85,000 /yr |
1002, Avenue Residence 1 in numbers
- Sold 3 times: first on 26 November 2013 for AED 777,685, last on 16 October 2014 for AED 1,105,713 (AED 928 per sqft).
- Rented since January 2015 on 8 Ejari contracts. The rent fell from AED 100,000 to AED 60,000 in 2020 and recovered to AED 95,000 by August 2025.
- At AED 95,000 a year the gross yield on the 2014 price is 8.6%, before a service charge of about AED 15,500 a year (AED 13.05 per sqft).
- Two-beds in Avenue Residence 1 sold for AED 692,008–1,500,000 in the 12 months to November 2026; the building's median across all types is AED 949 per sqft.
Source: Dubai Land Department. Updated 1 August 2025.
Questions about 1002, Avenue Residence 1
What did unit 1002 last sell for?
AED 1,105,713 on 16 October 2014: AED 928 per sqft for 1,191 sqft. The unit has 3 registered sales; the first was AED 777,685 in November 2013.
What is the rent for unit 1002?
AED 95,000 a year on the contract signed on 1 August 2025. The previous contract, from October 2020, was AED 60,000; the unit has been rented since January 2015.
How big is unit 1002?
1,191 sqft (110.6 sqm): a two-bedroom apartment on the 10th floor of a 10-storey tower completed in 2014.
What is unit 1002 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Avenue Residence 1 sold for AED 692,008 to 1,500,000 in the last 12 months, around AED 949 per sqft.
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Mortgage on 1002, Avenue Residence 1
Starts from the last sale price (AED 1.11M, 16 October 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,105,713
- Deposit, UAE resident (20%)
- AED 221,143
- Deposit, non-resident (40%)
- AED 442,285
- Monthly over 25 years at 3.7%
- AED 4,524
Plus AED 51,450 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →