1003, 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 1003, Avenue Residence 1
What is 1003 worth today?
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Source: Dubai Land Department. Updated 6 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 811 sqft
- Floor
- 10th of 10
- Parking
- P-72
- Developer
- Nabni Real Estate Development
- Completed
- 2014
- Service charge
- AED 10,600 /yr
- Last sold
- AED 750K · October 2014
- Building
- Avenue Residence 1
About 1003, Avenue Residence 1
1003 is a one-bedroom apartment of 811 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 749,835, or AED 924 per sqft, 11% above the AED 835 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 6 October 2024, is AED 70,000 a year: a gross yield of 9.3% on the 2014 price, before the service charge of about AED 10,600 a year.
Sales and rents for 1003 over time
1003 has sold 3 times; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Avenue Residence 1, and where 1003 sits
All 10 1-beds →1003 last sold in October 2014 at AED 924 per sqft, 11% above what one-beds in Avenue Residence 1 were fetching at the time (AED 835).
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Jun 202428 June 2024 | 811 sqft | 950,000 | 1,171 | ||
| 8 Sep 20238 September 2023 | 811 sqft | 770,000 | 949 | ||
| 23 May 202323 May 2023 | 811 sqft | 710,000 | 875 | ||
| 26 Jun 201826 June 2018 | 811 sqft | 725,000 | 894 |
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 | |
| 1002 | 2-bed | 1,191 sqft | AED 1.11MAED 1,105,713 · Oct 2014October 2014 | 95,000 /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 |
1003, Avenue Residence 1 in numbers
- Sold 3 times: first on 26 November 2013 for AED 527,384, last on 16 October 2014 for AED 749,835 (AED 924 per sqft).
- Rented since April 2015 on 7 Ejari contracts. The rent fell from AED 80,000 to AED 38,000 in 2020 and recovered to AED 70,000 by October 2024.
- At AED 70,000 a year the gross yield on the 2014 price is 9.3%, before a service charge of about AED 10,600 a year (AED 13.05 per sqft).
Source: Dubai Land Department. Updated 6 October 2024.
Questions about 1003, Avenue Residence 1
What did unit 1003 last sell for?
AED 749,835 on 16 October 2014: AED 924 per sqft for 811 sqft. The unit has 3 registered sales; the first was AED 527,384 in November 2013.
What is the rent for unit 1003?
AED 70,000 a year on the contract signed on 6 October 2024. The previous contract, from August 2023, was AED 48,000; the unit has been rented since April 2015.
How big is unit 1003?
811 sqft (75.3 sqm): a one-bedroom apartment on the 10th floor of a 10-storey tower completed in 2014.
What is unit 1003 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 1003, Avenue Residence 1
Starts from the last sale price (AED 750K, 16 October 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 749,835
- Deposit, UAE resident (20%)
- AED 149,967
- Deposit, non-resident (40%)
- AED 299,934
- Monthly over 25 years at 3.7%
- AED 3,068
Plus AED 36,503 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →