908, Avenue Residence 1
Sold prices and rental history: sold twice, last in October 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 908, Avenue Residence 1
What is 908 worth today?
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Source: Dubai Land Department. Updated 5 March 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,297 sqft
- Floor
- 9th of 10
- Parking
- P-64
- Developer
- Nabni Real Estate Development
- Completed
- 2014
- Service charge
- AED 16,900 /yr
- Last sold
- AED 1.04M · October 2014
- Building
- Avenue Residence 1
About 908, Avenue Residence 1
908 is a two-bedroom apartment of 1,297 sqft on the 9th floor of Avenue Residence 1, a 10-storey tower in Al Furjan completed in 2014 by Nabni Real Estate Development. It last sold on 22 October 2014 for AED 1,043,692, or AED 804 per sqft, in line with the AED 808 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 5 March 2023, is AED 75,000 a year: a gross yield of 7.2% on the 2014 price, before the service charge of about AED 16,900 a year.
Sales and rents for 908 over time
908 has sold twice; 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 908 sits
All 64 2-beds →908 last sold in October 2014 at AED 804 per sqft, in line with what two-beds in Avenue Residence 1 were fetching at the time (AED 808). 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. 908's AED 75,000 is at the bottom 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 9th floor
All 99 units in Avenue Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 901 | 3-bed | 1,959 sqft | AED 2.35MAED 2,350,000 · Apr 2025April 2025 | 140,000 /yr | |
| 902 | 2-bed | 1,191 sqft | AED 1.05MAED 1,050,000 · Sep 2023September 2023 | 92,000 /yr | |
| 903 | 1-bed | 811 sqft | AED 950KAED 950,000 · Nov 2014November 2014 | 70,000 /yr | |
| 904 | 2-bed | 1,480 sqft | AED 1.5MAED 1,500,000 · Jan 2026January 2026 | 71,390 /yr | |
| 905 | 2-bed | 1,304 sqft | AED 1.27MAED 1,265,000 · Jul 2024July 2024 | 65,780 /yr | |
| 906 | 3-bed | 1,559 sqft | AED 1.46MAED 1,460,000 · Mar 2015March 2015 | 125,000 /yr | |
| 907 | 2-bed | 1,448 sqft | AED 1.55MAED 1,550,000 · Jun 2025June 2025 | 85,000 /yr | |
| 909 | 2-bed | 1,537 sqft | AED 1.48MAED 1,475,000 · Mar 2025March 2025 | 80,000 /yr | |
| 910 | 2-bed | 1,026 sqft | AED 897KAED 896,757 · Oct 2014October 2014 | 86,100 /yr |
908, Avenue Residence 1 in numbers
- Sold twice: first on 5 October 2013 for AED 1,043,692, last on 22 October 2014 for AED 1,043,692 (AED 804 per sqft).
- Rented since November 2014 on 6 Ejari contracts. The rent fell from AED 100,000 to AED 50,000 in 2021 and recovered to AED 75,000 by March 2023.
- At AED 75,000 a year the gross yield on the 2014 price is 7.2%, before a service charge of about AED 16,900 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 5 March 2023.
Questions about 908, Avenue Residence 1
What did unit 908 last sell for?
AED 1,043,692 on 22 October 2014: AED 804 per sqft for 1,297 sqft. The unit has 2 registered sales; the first was AED 1,043,692 in October 2013.
What is the rent for unit 908?
AED 75,000 a year on the contract signed on 5 March 2023. The previous contract, from February 2022, was AED 57,500; the unit has been rented since November 2014.
How big is unit 908?
1,297 sqft (120.5 sqm): a two-bedroom apartment on the 9th floor of a 10-storey tower completed in 2014.
What is unit 908 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 908, Avenue Residence 1
Starts from the last sale price (AED 1.04M, 22 October 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,043,692
- Deposit, UAE resident (20%)
- AED 208,738
- Deposit, non-resident (40%)
- AED 417,477
- Monthly over 25 years at 3.7%
- AED 4,270
Plus AED 48,845 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →