2-bed · 1,537 sqftAvenue Residence 1, Al Furjan · 10th floor · completed 2014

1009, Avenue Residence 1

Sold prices and rental history: sold 3 times, last in October 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1009 · DLD and Ejari recordsUpdated 7 May 2025
Last soldAED 1.45M16 October 2014
Current rentAED 95K /yr7 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1009, Avenue Residence 1

What is 1009 worth today?

Last sold for AED 1,448,145 in 2014

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7 May 2025RentedRenewal
AED 95,000/yr12 months · AED 62 per sqft
27 Sep 2022RentedNew contract
AED 75,000/yr12 months · AED 49 per sqft
5 Jan 2022RentedNew contract
AED 65,000/yr12 months · AED 42 per sqft
5 Apr 2021RentedNew contract
AED 58,000/yr12 months · AED 38 per sqft
5 Apr 2020RentedNew contract
AED 65,000/yr12 months · AED 42 per sqft
5 Apr 2018RentedNew contract
AED 83,000/yr12 months · AED 54 per sqft
15 Dec 2017RentedNew contract
AED 85,000/yr12 months · AED 55 per sqft
23 Dec 2016RentedNew contract
AED 105,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 7 May 2025.

Key facts

Type
2-bed apartment
Size
1,537 sqft
Floor
10th of 10
Parking
P-77, P-80
Developer
Nabni Real Estate Development
Completed
2014
Service charge
AED 20,100 /yr
Last sold
AED 1.45M · October 2014

About 1009, Avenue Residence 1

1009 is a two-bedroom apartment of 1,537 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 1,448,145, or AED 942 per sqft, 11% above the AED 845 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 7 May 2025, is AED 95,000 a year: a gross yield of 6.6% on the 2014 price, before the service charge of about AED 20,100 a year.

Sales and rents for 1009 over time

Sales
Unit 1009, each saleTypical two-bed in Avenue Residence 1
1M1.25M1.5M2013201720212025Typical sale price by year: 2013 AED 995,142; 2014 AED 1,105,743; 2015 AED 1,300,000; 2016 AED 1,200,000; 2022 AED 1,020,000; 2023 AED 1,050,000; 2024 AED 1,265,000; 2025 AED 1,450,000Sold by developer, November 2013: AED 1,018,529 (AED 662 per sqft)Sold, March 2014: AED 1,448,145 (AED 942 per sqft)Sold, October 2014: AED 1,448,145 (AED 942 per sqft)

1009 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1009, each contractTypical two-bed in Avenue Residence 1
50K75K100K2014201820222026Typical rent by year: 2014 AED 108,334; 2015 AED 105,000; 2016 AED 105,000; 2017 AED 90,000; 2018 AED 80,000; 2019 AED 73,000; 2020 AED 63,000; 2021 AED 58,000; 2022 AED 66,000; 2023 AED 74,000; 2024 AED 77,175; 2025 AED 90,000; 2026 AED 88,000New contract, December 2016: AED 105,000 a yearNew contract, December 2017: AED 85,000 a yearNew contract, April 2018: AED 83,000 a yearNew contract, April 2020: AED 65,000 a yearNew contract, April 2021: AED 58,000 a yearNew contract, January 2022: AED 65,000 a yearNew contract, September 2022: AED 75,000 a yearRenewal, May 2025: AED 95,000 a year

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 1009 sits

All 64 2-beds →

1009 last sold in October 2014 at AED 942 per sqft, 11% 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. 1009's AED 95,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Jan 2026692,008
16 Jan 20261,500,000
20 Jun 20251,550,000
14 Apr 20251,270,000
2 2-bed sales in the last 12 months

Avenue Residence 1

Building

99 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%
Avenue Residence 1, Al Furjan: prices, sales and rents →

Other units on the 10th floor

All 99 units in Avenue Residence 1
Value
10013-bedAED 1.81M · Oct 2014
10022-bedAED 1.11M · Oct 2014
10031-bedAED 750K · Oct 2014
10042-bedAED 1.37M · Oct 2014
10052-bedAED 1.21M · Oct 2014
10063-bedAED 1.41M · Oct 2014
10072-bedAED 1.3M · Oct 2014
1–7 of 9

1009, Avenue Residence 1 in numbers

  • Sold 3 times: first on 26 November 2013 for AED 1,018,529, last on 16 October 2014 for AED 1,448,145 (AED 942 per sqft).
  • Rented since December 2016 on 8 Ejari contracts. The rent fell from AED 105,000 to AED 58,000 in 2021 and recovered to AED 95,000 by May 2025.
  • At AED 95,000 a year the gross yield on the 2014 price is 6.6%, before a service charge of about AED 20,100 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 7 May 2025.

Questions about 1009, Avenue Residence 1

What did unit 1009 last sell for?

AED 1,448,145 on 16 October 2014: AED 942 per sqft for 1,537 sqft. The unit has 3 registered sales; the first was AED 1,018,529 in November 2013.

What is the rent for unit 1009?

AED 95,000 a year on the contract renewed on 7 May 2025. The previous contract, from September 2022, was AED 75,000; the unit has been rented since December 2016.

How big is unit 1009?

1,537 sqft (142.8 sqm): a two-bedroom apartment on the 10th floor of a 10-storey tower completed in 2014.

What is unit 1009 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 1009, Avenue Residence 1

Starts from the last sale price (AED 1.45M, 16 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,448,145
Deposit, UAE resident (20%)
AED 289,629
Deposit, non-resident (40%)
AED 579,258
Monthly over 25 years at 3.7%
AED 5,925

Plus AED 65,832 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →