403, Avenue Residence 1
Sold prices and rental history: sold 3 times, last in December 2017, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 403, Avenue Residence 1
What is 403 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 5 August 2021.
Key facts
- Type
- 1-bed apartment
- Size
- 811 sqft
- Floor
- 4th of 10
- Parking
- G-64
- Developer
- Nabni Real Estate Development
- Completed
- 2014
- Service charge
- AED 10,600 /yr
- Last sold
- AED 825K · December 2017
- Building
- Avenue Residence 1
About 403, Avenue Residence 1
403 is a one-bedroom apartment of 811 sqft on the 4th floor of Avenue Residence 1, a 10-storey tower in Al Furjan completed in 2014 by Nabni Real Estate Development. It last sold on 24 December 2017 for AED 825,000, or AED 1,017 per sqft.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 5 August 2021, is AED 42,000 a year: a gross yield of 5.1% on the 2017 price, before the service charge of about AED 10,600 a year.
Sales and rents for 403 over time
403 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 403 sits
All 10 1-beds →| 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 4th floor
All 99 units in Avenue Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 3-bed | 1,927 sqft | AED 2.05MAED 2,050,000 · Oct 2024October 2024 | 95,000 /yr | |
| 402 | 2-bed | 1,195 sqft | AED 970KAED 970,000 · Jan 2023January 2023 | 82,500 /yr | |
| 404 | 2-bed | 1,486 sqft | AED 1.5MAED 1,500,000 · Dec 2014December 2014 | 69,300 /yr | |
| 405 | 2-bed | 1,304 sqft | AED 1.25MAED 1,250,000 · May 2017May 2017 | 109,695 /yr | |
| 406 | 3-bed | 1,557 sqft | AED 920KAED 920,000 · Feb 2021February 2021 | ||
| 407 | 2-bed | 1,442 sqft | AED 1.43MAED 1,425,000 · Dec 2024December 2024 | 110,000 /yr | |
| 408 | 2-bed | 1,295 sqft | AED 1.2MAED 1,200,000 · Jul 2016July 2016 | 75,311 /yr | |
| 409 | 2-bed | 1,564 sqft | AED 692KAED 692,008 · Jan 2026January 2026 | 110,000 /yr | |
| 410 | 2-bed | 1,026 sqft | AED 870KAED 869,908 · Oct 2014October 2014 | 80,000 /yr |
403, Avenue Residence 1 in numbers
- Sold 3 times: first on 7 October 2013 for AED 666,520, last on 24 December 2017 for AED 825,000 (AED 1,017 per sqft).
- Rented since November 2014 on 7 Ejari contracts, from AED 75,000 to AED 42,000 a year.
- At AED 42,000 a year the gross yield on the 2017 price is 5.1%, before a service charge of about AED 10,600 a year (AED 13.05 per sqft).
Source: Dubai Land Department. Updated 5 August 2021.
Questions about 403, Avenue Residence 1
What did unit 403 last sell for?
AED 825,000 on 24 December 2017: AED 1,017 per sqft for 811 sqft. The unit has 3 registered sales; the first was AED 666,520 in October 2013.
What is the rent for unit 403?
AED 42,000 a year on the contract signed on 5 August 2021. The previous contract, from July 2020, was AED 40,000; the unit has been rented since November 2014.
How big is unit 403?
811 sqft (75.3 sqm): a one-bedroom apartment on the 4th floor of a 10-storey tower completed in 2014.
What is unit 403 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 403? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 403, Avenue Residence 1
Starts from the last sale price (AED 825K, 24 December 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 825,000
- Deposit, UAE resident (20%)
- AED 165,000
- Deposit, non-resident (40%)
- AED 330,000
- Monthly over 25 years at 3.7%
- AED 3,375
Plus AED 39,660 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →