706, Avenue Residence 1
Sold prices and rental history: sold twice, last in October 2014, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 706, Avenue Residence 1
What is 706 worth today?
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Source: Dubai Land Department. Updated 10 October 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 1,559 sqft
- Floor
- 7th of 10
- Parking
- P-31, P-32
- Developer
- Nabni Real Estate Development
- Completed
- 2014
- Service charge
- AED 20,300 /yr
- Last sold
- AED 1.29M · October 2014
- Building
- Avenue Residence 1
About 706, Avenue Residence 1
706 is a three-bedroom apartment of 1,559 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 20 October 2014 for AED 1,285,165, or AED 824 per sqft, in line with the AED 804 three-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 10 October 2025, is AED 104,500 a year: a gross yield of 8.1% on the 2014 price, before the service charge of about AED 20,300 a year.
Sales and rents for 706 over time
706 has sold twice; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Avenue Residence 1, and where 706 sits
All 20 3-beds →706 last sold in October 2014 at AED 824 per sqft, in line with what three-beds in Avenue Residence 1 were fetching at the time (AED 804). 706's AED 104,500 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Apr 202523 April 2025 | 1,959 sqft | 2,350,000 | 1,199 | ||
| 26 Dec 202426 December 2024 | 1,927 sqft | 2,100,000 | 1,089 | ||
| 24 Oct 202424 October 2024 | 1,927 sqft | 2,050,000 | 1,063 | ||
| 4 Jun 20244 June 2024 | 1,927 sqft | 1,865,000 | 967 |
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 | |
| 705 | 2-bed | 1,304 sqft | AED 1.21MAED 1,208,477 · Dec 2014December 2014 | 78,750 /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 |
706, Avenue Residence 1 in numbers
- Sold twice: first on 29 September 2013 for AED 1,285,165, last on 20 October 2014 for AED 1,285,165 (AED 824 per sqft).
- Rented since June 2018 on 7 Ejari contracts. The rent fell from AED 88,000 to AED 70,000 in 2021 and recovered to AED 104,500 by October 2025.
- At AED 104,500 a year the gross yield on the 2014 price is 8.1%, before a service charge of about AED 20,300 a year (AED 13.05 per sqft).
Source: Dubai Land Department. Updated 10 October 2025.
Questions about 706, Avenue Residence 1
What did unit 706 last sell for?
AED 1,285,165 on 20 October 2014: AED 824 per sqft for 1,559 sqft. The unit has 2 registered sales; the first was AED 1,285,165 in September 2013.
What is the rent for unit 706?
AED 104,500 a year on the contract renewed on 10 October 2025. The previous contract, from October 2024, was AED 104,500; the unit has been rented since June 2018.
How big is unit 706?
1,559 sqft (144.8 sqm): a three-bedroom apartment on the 7th floor of a 10-storey tower completed in 2014.
What is unit 706 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 706, Avenue Residence 1
Starts from the last sale price (AED 1.29M, 20 October 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,285,165
- Deposit, UAE resident (20%)
- AED 257,033
- Deposit, non-resident (40%)
- AED 514,066
- Monthly over 25 years at 3.7%
- AED 5,258
Plus AED 58,987 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →