705, Avenue Residence 1
Sold prices and rental history: sold 3 times, last in December 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 705, Avenue Residence 1
What is 705 worth today?
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Source: Dubai Land Department. Updated 23 January 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,304 sqft
- Floor
- 7th of 10
- Parking
- P-30
- Developer
- Nabni Real Estate Development
- Completed
- 2014
- Service charge
- AED 17,000 /yr
- Last sold
- AED 1.21M · December 2014
- Building
- Avenue Residence 1
About 705, Avenue Residence 1
705 is a two-bedroom apartment of 1,304 sqft on the 7th floor of Avenue Residence 1, a 10-storey tower in Al Furjan completed in 2014 by Nabni Real Estate Development. It last sold on 8 December 2014 for AED 1,208,477, or AED 927 per sqft, 11% above the AED 837 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 23 January 2025, is AED 78,750 a year: a gross yield of 6.5% on the 2014 price, before the service charge of about AED 17,000 a year.
Sales and rents for 705 over time
705 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 705 sits
All 64 2-beds →705 last sold in December 2014 at AED 927 per sqft, 11% above what two-beds in Avenue Residence 1 were fetching at the time (AED 837). 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. 705's AED 78,750 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 7th floor
All 99 units in Avenue Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 3-bed | 1,929 sqft | AED 1.66MAED 1,664,984 · Oct 2014October 2014 | 80,000 /yr | |
| 702 | 2-bed | 1,191 sqft | AED 969KAED 969,219 · Oct 2014October 2014 | 55,000 /yr | |
| 703 | 1-bed | 811 sqft | AED 710KAED 710,000 · May 2023May 2023 | 45,000 /yr | |
| 704 | 2-bed | 1,480 sqft | AED 500KAED 500,000 · Sep 2022September 2022 | 60,000 /yr | |
| 706 | 3-bed | 1,559 sqft | AED 1.29MAED 1,285,165 · Oct 2014October 2014 | 104,500 /yr | |
| 707 | 2-bed | 1,443 sqft | AED 800KAED 800,000 · Feb 2019February 2019 | 100,000 /yr | |
| 708 | 2-bed | 1,297 sqft | AED 1.01MAED 1,006,314 · Oct 2014October 2014 | 85,000 /yr | |
| 709 | 2-bed | 1,537 sqft | AED 1.1MAED 1,100,000 · May 2023May 2023 | 69,300 /yr | |
| 710 | 2-bed | 1,026 sqft | AED 869KAED 868,644 · Oct 2014October 2014 | 76,650 /yr |
705, Avenue Residence 1 in numbers
- Sold 3 times: first on 19 October 2013 for AED 1,050,850, last on 8 December 2014 for AED 1,208,477 (AED 927 per sqft).
- Rented since April 2017 on 8 Ejari contracts. The rent fell from AED 85,000 to AED 50,000 in 2021 and recovered to AED 78,750 by January 2025.
- At AED 78,750 a year the gross yield on the 2014 price is 6.5%, before a service charge of about AED 17,000 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 23 January 2025.
Questions about 705, Avenue Residence 1
What did unit 705 last sell for?
AED 1,208,477 on 8 December 2014: AED 927 per sqft for 1,304 sqft. The unit has 3 registered sales; the first was AED 1,050,850 in October 2013.
What is the rent for unit 705?
AED 78,750 a year on the contract renewed on 23 January 2025. The previous contract, from January 2024, was AED 75,000; the unit has been rented since April 2017.
How big is unit 705?
1,304 sqft (121.1 sqm): a two-bedroom apartment on the 7th floor of a 10-storey tower completed in 2014.
What is unit 705 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 705, Avenue Residence 1
Starts from the last sale price (AED 1.21M, 8 December 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,208,477
- Deposit, UAE resident (20%)
- AED 241,695
- Deposit, non-resident (40%)
- AED 483,391
- Monthly over 25 years at 3.7%
- AED 4,944
Plus AED 55,766 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →