703, Avenue Residence 2
Sold prices and rental history: sold once, by the developer in August 2016, 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 703, Avenue Residence 2
What is 703 worth today?
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Source: Dubai Land Department. Updated 29 April 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 835 sqft
- Floor
- 7th of 10
- Parking
- P-28
- Developer
- Nabni Real Estate Development
- Completed
- 2015
- Service charge
- AED 10,200 /yr
- Last sold
- AED 817K · August 2016
- Building
- Avenue Residence 2
About 703, Avenue Residence 2
703 is a one-bedroom apartment of 835 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 18 August 2016 for AED 817,000, or AED 978 per sqft, in line with the AED 978 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 29 April 2025, is AED 57,000 a year: a gross yield of 7.0% on the 2016 price, before the service charge of about AED 10,200 a year.
Sales and rents for 703 over time
703 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 703 sits
All 22 1-beds →703 last sold in August 2016 at AED 978 per sqft, in line with what one-beds in Avenue Residence 2 were fetching at the time (AED 978). 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 7th floor
All 95 units in Avenue Residence 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 3-bed | 1,957 sqft | AED 1.71MAED 1,712,366 · Aug 2017August 2017 | 165,000 /yr | |
| 702 | 2-bed | 1,104 sqft | AED 1.14MAED 1,142,760 · Nov 2016November 2016 | 90,000 /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 |
703, Avenue Residence 2 in numbers
- Sold once: by Nabni Real Estate Development on 18 August 2016 for AED 817,000, or AED 978 per sqft.
- Rented since July 2017 on 7 Ejari contracts. The rent fell from AED 73,500 to AED 43,000 in 2021 and recovered to AED 57,000 by April 2025.
- At AED 57,000 a year the gross yield on the 2016 price is 7.0%, before a service charge of about AED 10,200 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 29 April 2025.
Questions about 703, Avenue Residence 2
What did unit 703 last sell for?
AED 817,000 on 18 August 2016, sold by the developer: AED 978 per sqft for 835 sqft. It is the only registered sale of the unit.
What is the rent for unit 703?
AED 57,000 a year on the contract renewed on 29 April 2025. The previous contract, from April 2024, was AED 54,000; the unit has been rented since July 2017.
How big is unit 703?
835 sqft (77.6 sqm): a one-bedroom apartment on the 7th floor of a 10-storey tower completed in 2015.
What is unit 703 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 703, Avenue Residence 2
Starts from the last sale price (AED 817K, 18 August 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 817,000
- Deposit, UAE resident (20%)
- AED 163,400
- Deposit, non-resident (40%)
- AED 326,800
- Monthly over 25 years at 3.7%
- AED 3,343
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →