608, Avenue Residence 1
Sold prices and rental history: sold twice, last in November 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 608, Avenue Residence 1
What is 608 worth today?
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Source: Dubai Land Department. Updated 20 November 2021.
Key facts
- Type
- Apartment
- Size
- 1,295 sqft
- Floor
- 6th of 10
- Parking
- P-20
- Developer
- Nabni Real Estate Development
- Completed
- 2014
- Service charge
- AED 16,900 /yr
- Last sold
- AED 1.02M · November 2014
- Building
- Avenue Residence 1
About 608, Avenue Residence 1
608 is an apartment of 1,295 sqft on the 6th floor of Avenue Residence 1, a 10-storey tower in Al Furjan completed in 2014 by Nabni Real Estate Development. It last sold on 9 November 2014 for AED 1,021,004, or AED 788 per sqft.
It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 20 November 2021, is AED 65,000 a year: a gross yield of 6.4% on the 2014 price, before the service charge of about AED 16,900 a year.
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 6th floor
All 99 units in Avenue Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 3-bed | 1,927 sqft | AED 1.87MAED 1,865,000 · Jun 2024June 2024 | 102,000 /yr | |
| 602 | 2-bed | 1,195 sqft | AED 940KAED 940,000 · Nov 2022November 2022 | 90,000 /yr | |
| 603 | 1-bed | 811 sqft | AED 423KAED 422,500 · Jan 2017January 2017 | 83,000 /yr | |
| 604 | 2-bed | 1,486 sqft | AED 1.24MAED 1,240,000 · Nov 2023November 2023 | 66,000 /yr | |
| 605 | 1,304 sqft | AED 1.07MAED 1,065,594 · Nov 2014November 2014 | 95,000 /yr | ||
| 606 | 3-bed | 1,557 sqft | AED 1.3MAED 1,300,054 · Nov 2014November 2014 | 75,000 /yr | |
| 607 | 1,442 sqft | AED 1.45MAED 1,450,000 · Aug 2025August 2025 | 90,000 /yr | ||
| 609 | 2-bed | 1,565 sqft | AED 1.43MAED 1,430,000 · Mar 2015March 2015 | 90,000 /yr | |
| 610 | 2-bed | 1,025 sqft | AED 1.08MAED 1,075,000 · Jul 2022July 2022 | 65,000 /yr |
608, Avenue Residence 1 in numbers
- Sold twice: first on 2 October 2013 for AED 1,021,004, last on 9 November 2014 for AED 1,021,004 (AED 788 per sqft).
- Rented since June 2015 on 7 Ejari contracts, from AED 110,000 to AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2014 price is 6.4%, before a service charge of about AED 16,900 a year (AED 13.05 per sqft).
Source: Dubai Land Department. Updated 20 November 2021.
Questions about 608, Avenue Residence 1
What did unit 608 last sell for?
AED 1,021,004 on 9 November 2014: AED 788 per sqft for 1,295 sqft. The unit has 2 registered sales; the first was AED 1,021,004 in October 2013.
What is the rent for unit 608?
AED 65,000 a year on the contract renewed on 20 November 2021. The previous contract, from September 2020, was AED 65,000; the unit has been rented since June 2015.
How big is unit 608?
1,295 sqft (120.3 sqm): an apartment on the 6th floor of a 10-storey tower completed in 2014.
What is unit 608 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 608, Avenue Residence 1
Starts from the last sale price (AED 1.02M, 9 November 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,021,004
- Deposit, UAE resident (20%)
- AED 204,201
- Deposit, non-resident (40%)
- AED 408,402
- Monthly over 25 years at 3.7%
- AED 4,177
Plus AED 47,892 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →