701, Avenue Residence 2
Sold prices and rental history: sold once, by the developer in August 2017, 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 701, Avenue Residence 2
What is 701 worth today?
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Source: Dubai Land Department. Updated 15 September 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 1,957 sqft
- Floor
- 7th of 10
- Parking
- P-25, P-26
- Developer
- Nabni Real Estate Development
- Completed
- 2015
- Service charge
- AED 23,800 /yr
- Last sold
- AED 1.71M · August 2017
- Building
- Avenue Residence 2
About 701, Avenue Residence 2
701 is a three-bedroom apartment of 1,957 sqft on the 7th 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 10 August 2017 for AED 1,712,366, or AED 874 per sqft, 88% above the AED 464 three-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 15 September 2025, is AED 165,000 a year: a gross yield of 9.6% on the 2017 price, before the service charge of about AED 23,800 a year.
Sales and rents for 701 over time
701 has sold once; 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 2, and where 701 sits
All 19 3-beds →701 last sold in August 2017 at AED 874 per sqft, 88% above what three-beds in Avenue Residence 2 were fetching at the time (AED 464).
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Feb 202519 February 2025 | 2,022 sqft | 2,050,000 | 1,014 | ||
| 23 Jan 202523 January 2025 | 2,019 sqft | 2,150,000 | 1,064 | ||
| 20 Dec 202420 December 2024 | 1,957 sqft | 2,050,000 | 1,047 | ||
| 16 Dec 202416 December 2024 | 3,480 sqft | 2,300,000 | 660 |
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 7th floor
All 95 units in Avenue Residence 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 2-bed | 1,104 sqft | AED 1.14MAED 1,142,760 · Nov 2016November 2016 | 90,000 /yr | |
| 703 | 1-bed | 835 sqft | AED 817KAED 817,000 · Aug 2016August 2016 | 57,000 /yr | |
| 704 | 2-bed | 1,397 sqft | AED 1.4MAED 1,400,000 · Oct 2024October 2024 | 85,000 /yr | |
| 705 | 2-bed | 1,324 sqft | AED 1.27MAED 1,270,000 · Nov 2023November 2023 | ||
| 706 | 2-bed | 1,227 sqft | AED 1.18MAED 1,183,432 · Nov 2016November 2016 | ||
| 707 | 2-bed | 1,817 sqft | AED 1.7MAED 1,700,000 · Aug 2023August 2023 | 80,146 /yr | |
| 708 | 3-bed | 2,019 sqft | AED 1.7MAED 1,700,000 · Aug 2017August 2017 | ||
| 709 | 2-bed | 1,142 sqft | AED 1.15MAED 1,145,500 · Mar 2015March 2015 | 75,000 /yr |
701, Avenue Residence 2 in numbers
- Sold once: by Nabni Real Estate Development on 10 August 2017 for AED 1,712,366, or AED 874 per sqft.
- Rented since August 2017 on 7 Ejari contracts. The rent fell from AED 125,000 to AED 95,000 in 2019 and recovered to AED 165,000 by September 2025.
- At AED 165,000 a year the gross yield on the 2017 price is 9.6%, before a service charge of about AED 23,800 a year (AED 12.18 per sqft).
Source: Dubai Land Department. Updated 15 September 2025.
Questions about 701, Avenue Residence 2
What did unit 701 last sell for?
AED 1,712,366 on 10 August 2017, sold by the developer: AED 874 per sqft for 1,957 sqft. It is the only registered sale of the unit.
What is the rent for unit 701?
AED 165,000 a year on the contract signed on 15 September 2025. The previous contract, from October 2024, was AED 125,000; the unit has been rented since August 2017.
How big is unit 701?
1,957 sqft (181.8 sqm): a three-bedroom apartment on the 7th floor of a 10-storey tower completed in 2015.
What is unit 701 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 701, Avenue Residence 2
Starts from the last sale price (AED 1.71M, 10 August 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,712,366
- Deposit, UAE resident (20%)
- AED 342,473
- Deposit, non-resident (40%)
- AED 684,946
- Monthly over 25 years at 3.7%
- AED 7,006
Plus AED 76,930 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →