504, Avenue Residence 1
Sold prices and rental history: sold 3 times, last in November 2014, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 504, Avenue Residence 1
What is 504 worth today?
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Source: Dubai Land Department. Updated 26 May 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,486 sqft
- Floor
- 5th of 10
- Parking
- P-1, P-2
- Developer
- Nabni Real Estate Development
- Completed
- 2014
- Service charge
- AED 19,400 /yr
- Last sold
- AED 659K · November 2014
- Building
- Avenue Residence 1
About 504, Avenue Residence 1
504 is a two-bedroom apartment of 1,486 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 16 November 2014 for AED 659,025, or AED 443 per sqft, 45% below the AED 802 two-beds in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 26 May 2025, is AED 90,000 a year: a gross yield of 13.7% on the 2014 price, before the service charge of about AED 19,400 a year.
Sales and rents for 504 over time
504 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 504 sits
All 64 2-beds →504 last sold in November 2014 at AED 443 per sqft, 45% below 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. 504's AED 90,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Jan 202628 January 2026 | 782 sqft | 692,008 | 884 | ||
| 16 Jan 202616 January 2026 | 1,480 sqft | 1,500,000 | 1,013 | ||
| 20 Jun 202520 June 2025 | 1,448 sqft | 1,550,000 | 1,070 | ||
| 14 Apr 202514 April 2025 | 1,297 sqft | 1,270,000 | 979 |
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 | |
| 503 | 1-bed | 811 sqft | AED 725KAED 725,000 · Jun 2018June 2018 | 70,000 /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 |
504, Avenue Residence 1 in numbers
- Sold 3 times: first on 22 September 2013 for AED 1,176,830, last on 16 November 2014 for AED 659,025 (AED 443 per sqft).
- Rented since April 2024 on 2 Ejari contracts, from AED 95,000 to AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2014 price is 13.7%, before a service charge of about AED 19,400 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 26 May 2025.
Questions about 504, Avenue Residence 1
What did unit 504 last sell for?
AED 659,025 on 16 November 2014: AED 443 per sqft for 1,486 sqft. The unit has 3 registered sales; the first was AED 1,176,830 in September 2013.
What is the rent for unit 504?
AED 90,000 a year on the contract signed on 26 May 2025. The previous contract, from April 2024, was AED 95,000.
How big is unit 504?
1,486 sqft (138.1 sqm): a two-bedroom apartment on the 5th floor of a 10-storey tower completed in 2014.
What is unit 504 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 504, Avenue Residence 1
Starts from the last sale price (AED 659K, 16 November 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 659,025
- Deposit, UAE resident (20%)
- AED 131,805
- Deposit, non-resident (40%)
- AED 263,610
- Monthly over 25 years at 3.7%
- AED 2,696
Plus AED 32,689 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →