2-bed · 1,191 sqftAvenue Residence 1, Al Furjan · 2nd floor · completed 2014

202, Avenue Residence 1

Sold prices and rental history: sold 3 times, last in May 2015, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 16 July 2019
Last soldAED 1.33M25 May 2015
Current rentAED 70K /yr16 July 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, Avenue Residence 1

What is 202 worth today?

Last sold for AED 1,325,000 in 2015

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16 Jul 2019RentedNew contract
AED 70,000/yr12 months · AED 59 per sqft
25 Mar 2019RentedNew contract
AED 72,000/yr13 months · AED 60 per sqft
10 May 2018RentedRenewal
AED 82,000/yr12 months · AED 69 per sqft
11 May 2017RentedNew contract
AED 87,000/yr12 months · AED 73 per sqft
19 Dec 2016RentedNew contract
AED 100,000/yr12 months · AED 84 per sqft
25 May 2015SoldReady
AED 1,325,000AED 1,112 per sqft
20 Oct 2014SoldReady
AED 776,666AED 652 per sqft
28 Sep 2013Sold by developerOff-plan
AED 776,666AED 652 per sqft

Source: Dubai Land Department. Updated 16 July 2019.

Key facts

Type
2-bed apartment
Size
1,191 sqft
Floor
2nd of 10
Parking
G-37
Developer
Nabni Real Estate Development
Completed
2014
Service charge
AED 15,500 /yr
Last sold
AED 1.33M · May 2015

About 202, Avenue Residence 1

202 is a two-bedroom apartment of 1,191 sqft on the 2nd floor of Avenue Residence 1, a 10-storey tower in Al Furjan completed in 2014 by Nabni Real Estate Development. It last sold on 25 May 2015 for AED 1,325,000, or AED 1,112 per sqft, 39% above the AED 802 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 16 July 2019, is AED 70,000 a year: a gross yield of 5.3% on the 2015 price, before the service charge of about AED 15,500 a year.

Sales and rents for 202 over time

Sales
Unit 202, 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, September 2013: AED 776,666 (AED 652 per sqft)Sold, October 2014: AED 776,666 (AED 652 per sqft)Sold, May 2015: AED 1,325,000 (AED 1,112 per sqft)

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

Rents
Unit 202, 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 100,000 a yearNew contract, May 2017: AED 87,000 a yearRenewal, May 2018: AED 82,000 a yearNew contract, March 2019: AED 72,000 a yearNew contract, July 2019: AED 70,000 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 202 sits

All 64 2-beds →

202 last sold in May 2015 at AED 1,112 per sqft, 39% above what two-beds in Avenue Residence 1 were fetching at the time (AED 802). 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. 202's AED 70,000 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 2nd floor

All 99 units in Avenue Residence 1
Value
2013-bedAED 1.25M · Oct 2014
2031-bedAED 950K · Jun 2024
2042-bedAED 962K · Oct 2014
2052-bedAED 848K · Oct 2014
2063-bedAED 1.01M · Oct 2014
2072-bedAED 911K · Oct 2014
2082-bedAED 828K · Oct 2014
1–7 of 9

202, Avenue Residence 1 in numbers

  • Sold 3 times: first on 28 September 2013 for AED 776,666, last on 25 May 2015 for AED 1,325,000 (AED 1,112 per sqft).
  • Rented since December 2016 on 5 Ejari contracts, from AED 100,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2015 price is 5.3%, 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 16 July 2019.

Questions about 202, Avenue Residence 1

What did unit 202 last sell for?

AED 1,325,000 on 25 May 2015: AED 1,112 per sqft for 1,191 sqft. The unit has 3 registered sales; the first was AED 776,666 in September 2013.

What is the rent for unit 202?

AED 70,000 a year on the contract signed on 16 July 2019. The previous contract, from March 2019, was AED 72,000; the unit has been rented since December 2016.

How big is unit 202?

1,191 sqft (110.6 sqm): a two-bedroom apartment on the 2nd floor of a 10-storey tower completed in 2014.

What is unit 202 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 202, Avenue Residence 1

Starts from the last sale price (AED 1.33M, 25 May 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,325,000
Deposit, UAE resident (20%)
AED 265,000
Deposit, non-resident (40%)
AED 530,000
Monthly over 25 years at 3.7%
AED 5,421

Plus AED 60,660 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →