308, Avenue Residence 2
Sold prices and rental history: sold once, by the developer in January 2015, 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 308, Avenue Residence 2
What is 308 worth today?
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Source: Dubai Land Department. Updated 5 August 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 881 sqft
- Floor
- 3rd of 10
- Parking
- G-57
- Developer
- Nabni Real Estate Development
- Completed
- 2015
- Service charge
- AED 10,700 /yr
- Last sold
- AED 860K · January 2015
- Building
- Avenue Residence 2
About 308, Avenue Residence 2
308 is a one-bedroom apartment of 881 sqft on the 3rd floor of Avenue Residence 2, a 10-storey tower in Al Furjan completed in 2015 by Nabni Real Estate Development. The developer sold it on 18 January 2015 for AED 860,045, or AED 976 per sqft.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 5 August 2023, is AED 50,000 a year: a gross yield of 5.8% on the 2015 price, before the service charge of about AED 10,700 a year.
Sales and rents for 308 over time
308 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Avenue Residence 2, and where 308 sits
All 22 1-beds →Over the last 12 months one-beds sold for AED 1,030,000 to 1,300,000, around AED 1,362 per sqft, and rent for AED 78,000 to 78,000 a year.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Feb 20262 February 2026 | 835 sqft | 1,300,000 | 1,556 | ||
| 20 Jan 202620 January 2026 | 881 sqft | 1,030,000 | 1,168 | ||
| 15 May 202515 May 2025 | 833 sqft | 1,050,000 | 1,260 | ||
| 24 Dec 202424 December 2024 | 934 sqft | 1,000,000 | 1,070 |
Avenue Residence 2
Building95 apartments, 1-bed to 3-bed over 10 floors in Al Furjan, completed in 2015 by Nabni Real Estate Development. 3 sold in the last 12 months.
- Typical price per sqft
- AED 1,170
- Typical sale
- AED 1.3M
- Typical rent
- AED 91K /yr
- Typical yield
- 6.7%
Other units on the 3rd floor
All 95 units in Avenue Residence 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 3-bed | 1,955 sqft | AED 1.85MAED 1,850,000 · Sep 2017September 2017 | 112,000 /yr | |
| 302 | 2-bed | 1,102 sqft | AED 1.08MAED 1,075,000 · Oct 2016October 2016 | 95,000 /yr | |
| 303 | 1-bed | 833 sqft | AED 820KAED 820,250 · Mar 2017March 2017 | 74,000 /yr | |
| 304 | 2-bed | 1,397 sqft | AED 1.15MAED 1,150,000 · Jun 2022June 2022 | ||
| 305 | 2-bed | 1,324 sqft | AED 1.55MAED 1,550,000 · Dec 2025December 2025 | 73,500 /yr | |
| 306 | 2-bed | 1,228 sqft | AED 1.28MAED 1,280,000 · Jan 2024January 2024 | ||
| 307 | 1-bed | 935 sqft | AED 886KAED 886,420 · Jun 2015June 2015 | 65,000 /yr | |
| 309 | 3-bed | 2,015 sqft | AED 1.46MAED 1,460,000 · Feb 2023February 2023 | 98,000 /yr | |
| 310 | 2-bed | 1,142 sqft | AED 1.15MAED 1,145,453 · Jan 2015January 2015 | 81,000 /yr |
308, Avenue Residence 2 in numbers
- Sold once: by Nabni Real Estate Development on 18 January 2015 for AED 860,045, or AED 976 per sqft.
- Rented since May 2017 on 7 Ejari contracts. The rent fell from AED 70,000 to AED 43,000 in 2021 and recovered to AED 50,000 by August 2023.
- At AED 50,000 a year the gross yield on the 2015 price is 5.8%, before a service charge of about AED 10,700 a year (AED 12.18 per sqft).
- One-beds in Avenue Residence 2 sold for AED 1,030,000–1,300,000 in the 12 months to November 2026; the building's median across all types is AED 1,170 per sqft.
Source: Dubai Land Department. Updated 5 August 2023.
Questions about 308, Avenue Residence 2
What did unit 308 last sell for?
AED 860,045 on 18 January 2015, sold by the developer: AED 976 per sqft for 881 sqft. It is the only registered sale of the unit.
What is the rent for unit 308?
AED 50,000 a year on the contract renewed on 5 August 2023. The previous contract, from August 2022, was AED 47,300; the unit has been rented since May 2017.
How big is unit 308?
881 sqft (81.8 sqm): a one-bedroom apartment on the 3rd floor of a 10-storey tower completed in 2015.
What is unit 308 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Avenue Residence 2 sold for AED 1,030,000 to 1,300,000 in the last 12 months, around AED 1,362 per sqft.
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Mortgage on 308, Avenue Residence 2
Starts from the last sale price (AED 860K, 18 January 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 860,045
- Deposit, UAE resident (20%)
- AED 172,009
- Deposit, non-resident (40%)
- AED 344,018
- Monthly over 25 years at 3.7%
- AED 3,519
Plus AED 41,132 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →