503, Avenue Residence 1
Sold prices and rental history: sold 4 times, last in June 2018, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, Avenue Residence 1
What is 503 worth today?
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Source: Dubai Land Department. Updated 21 May 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 811 sqft
- Floor
- 5th of 10
- Parking
- G-78
- Developer
- Nabni Real Estate Development
- Completed
- 2014
- Service charge
- AED 10,600 /yr
- Last sold
- AED 725K · June 2018
- Building
- Avenue Residence 1
About 503, Avenue Residence 1
503 is a one-bedroom apartment of 811 sqft on the 5th floor of Avenue Residence 1, a 10-storey tower in Al Furjan completed in 2014 by Nabni Real Estate Development. It last sold on 26 June 2018 for AED 725,000, or AED 894 per sqft.
It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 21 May 2025, is AED 70,000 a year: a gross yield of 9.7% on the 2018 price, before the service charge of about AED 10,600 a year.
Sales and rents for 503 over time
503 has sold 4 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 503 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 | ||
| 24 Dec 201724 December 2017 | 811 sqft | 825,000 | 1,017 |
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 5th floor
All 99 units in Avenue Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 3-bed | 1,927 sqft | AED 2.1MAED 2,100,000 · Dec 2024December 2024 | 85,000 /yr | |
| 502 | 2-bed | 1,195 sqft | AED 979KAED 978,772 · Nov 2014November 2014 | 81,000 /yr | |
| 504 | 2-bed | 1,486 sqft | AED 659KAED 659,025 · Nov 2014November 2014 | 90,000 /yr | |
| 505 | 2-bed | 1,304 sqft | AED 1.15MAED 1,150,000 · Feb 2024February 2024 | 55,200 /yr | |
| 506 | 3-bed | 1,557 sqft | AED 1.32MAED 1,318,414 · Nov 2014November 2014 | 90,000 /yr | |
| 507 | 2-bed | 1,442 sqft | AED 1.31MAED 1,310,000 · Dec 2024December 2024 | 92,000 /yr | |
| 508 | 2-bed | 1,295 sqft | AED 1.28MAED 1,275,000 · Apr 2015April 2015 | ||
| 509 | 2-bed | 1,565 sqft | AED 1.25MAED 1,245,083 · Nov 2014November 2014 | 75,000 /yr | |
| 510 | 2-bed | 1,025 sqft | AED 875KAED 875,277 · Nov 2014November 2014 | 88,000 /yr |
503, Avenue Residence 1 in numbers
- Sold 4 times: first on 29 September 2013 for AED 670,855, last on 26 June 2018 for AED 725,000 (AED 894 per sqft).
- Rented since December 2016 on 7 Ejari contracts. The rent fell from AED 72,000 to AED 55,000 in 2022 and recovered to AED 70,000 by May 2025.
- At AED 70,000 a year the gross yield on the 2018 price is 9.7%, before a service charge of about AED 10,600 a year (AED 13.05 per sqft).
Source: Dubai Land Department. Updated 21 May 2025.
Questions about 503, Avenue Residence 1
What did unit 503 last sell for?
AED 725,000 on 26 June 2018: AED 894 per sqft for 811 sqft. The unit has 4 registered sales; the first was AED 670,855 in September 2013.
What is the rent for unit 503?
AED 70,000 a year on the contract renewed on 21 May 2025. The previous contract, from May 2024, was AED 62,000; the unit has been rented since December 2016.
How big is unit 503?
811 sqft (75.3 sqm): a one-bedroom apartment on the 5th floor of a 10-storey tower completed in 2014.
What is unit 503 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 503, Avenue Residence 1
Starts from the last sale price (AED 725K, 26 June 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 725,000
- Deposit, UAE resident (20%)
- AED 145,000
- Deposit, non-resident (40%)
- AED 290,000
- Monthly over 25 years at 3.7%
- AED 2,966
Plus AED 35,460 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →