2-bed · 1,938 sqftAvenue Residence 1, Al Furjan · 1st floor · completed 2014

107, Avenue Residence 1

Sold prices and rental history: sold 4 times, last in March 2020, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 107 · DLD and Ejari recordsUpdated 12 November 2021
Last soldAED 710K5 March 2020
Current rentAED 63K /yr12 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 107, Avenue Residence 1

What is 107 worth today?

Last sold for AED 710,000 in 2020

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12 Nov 2021RentedRenewal
AED 63,000/yr12 months · AED 33 per sqft
12 Nov 2020RentedNew contract
AED 58,000/yr12 months · AED 30 per sqft
5 Mar 2020SoldReady · flagged as an outlier
AED 710,000AED 366 per sqft
25 Aug 2017RentedNew contract
AED 85,000/yr12 months · AED 44 per sqft
24 Dec 2014SoldReady
AED 1,400,000AED 722 per sqft
9 Oct 2014SoldReady
AED 869,913AED 448 per sqft
5 Dec 2013Sold by developerOff-plan
AED 869,913AED 448 per sqft

Source: Dubai Land Department. Updated 12 November 2021.

Key facts

Type
2-bed apartment
Size
1,938 sqft
Floor
1st of 10
Parking
G-23, G-24
Developer
Nabni Real Estate Development
Completed
2014
Service charge
AED 25,300 /yr
Last sold
AED 710K · March 2020

About 107, Avenue Residence 1

107 is a two-bedroom apartment of 1,938 sqft on the 1st floor of Avenue Residence 1, a 10-storey tower in Al Furjan completed in 2014 by Nabni Real Estate Development. It last sold on 5 March 2020 for AED 710,000, or AED 366 per sqft.

It has been rented since 2017 on 3 Ejari contracts. The current contract, renewed on 12 November 2021, is AED 63,000 a year: a gross yield of 8.9% on the 2020 price, before the service charge of about AED 25,300 a year.

Sales and rents for 107 over time

Sales
Unit 107, each saleTypical two-bed in Avenue Residence 1
1M1.5M2013201720212025Typical 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, December 2013: AED 869,913 (AED 448 per sqft)Sold, October 2014: AED 869,913 (AED 448 per sqft)Sold, December 2014: AED 1,400,000 (AED 722 per sqft)

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

Rents
Unit 107, 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, August 2017: AED 85,000 a yearNew contract, November 2020: AED 58,000 a yearRenewal, November 2021: AED 63,000 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 107 sits

All 64 2-beds →

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. 107's AED 63,000 is at the bottom 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 1st floor

All 99 units in Avenue Residence 1
Value
1013-bedAED 1.7M · Mar 2023
1022-bedAED 970K · Mar 2023
1031-bedAED 960K · Oct 2014
1042-bedAED 1.3M · Jul 2018
1052-bedAED 1.34M · Nov 2014
1063-bedAED 1.7M · Dec 2014
1082-bedAED 1.37M · Nov 2024
1–7 of 8

107, Avenue Residence 1 in numbers

  • Sold 4 times: first on 5 December 2013 for AED 869,913, last on 5 March 2020 for AED 710,000 (AED 366 per sqft).
  • Rented since August 2017 on 3 Ejari contracts, from AED 85,000 to AED 63,000 a year.
  • At AED 63,000 a year the gross yield on the 2020 price is 8.9%, before a service charge of about AED 25,300 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 12 November 2021.

Questions about 107, Avenue Residence 1

What did unit 107 last sell for?

AED 710,000 on 5 March 2020: AED 366 per sqft for 1,938 sqft. The unit has 4 registered sales; the first was AED 869,913 in December 2013.

What is the rent for unit 107?

AED 63,000 a year on the contract renewed on 12 November 2021. The previous contract, from November 2020, was AED 58,000; the unit has been rented since August 2017.

How big is unit 107?

1,938 sqft (180.0 sqm): a two-bedroom apartment on the 1st floor of a 10-storey tower completed in 2014.

What is unit 107 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 107, Avenue Residence 1

Starts from the last sale price (AED 710K, 5 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 710,000
Deposit, UAE resident (20%)
AED 142,000
Deposit, non-resident (40%)
AED 284,000
Monthly over 25 years at 3.7%
AED 2,905

Plus AED 34,830 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →