1001, Avenue Residence 1
Sold prices and rental history: sold 3 times, last in October 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1001, Avenue Residence 1
What is 1001 worth today?
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Source: Dubai Land Department. Updated 23 May 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 1,959 sqft
- Floor
- 10th of 10
- Parking
- P-68, P-69
- Developer
- Nabni Real Estate Development
- Completed
- 2014
- Service charge
- AED 25,600 /yr
- Last sold
- AED 1.81M · October 2014
- Building
- Avenue Residence 1
About 1001, Avenue Residence 1
1001 is a three-bedroom apartment of 1,959 sqft on the 10th floor of Avenue Residence 1, a 10-storey tower in Al Furjan completed in 2014 by Nabni Real Estate Development. It last sold on 16 October 2014 for AED 1,806,840, or AED 922 per sqft, 15% above the AED 800 three-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 14 Ejari contracts. The current contract, renewed on 23 May 2026, is AED 102,900 a year: a gross yield of 5.7% on the 2014 price, before the service charge of about AED 25,600 a year.
Sales and rents for 1001 over time
1001 has sold 3 times; 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 1001 sits
All 20 3-beds →1001 last sold in October 2014 at AED 922 per sqft, 15% above what three-beds in Avenue Residence 1 were fetching at the time (AED 800). 1001's AED 102,900 is in the lower half 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. 5 sold in the last 12 months.
- Typical price per sqft
- AED 1,013
- Typical sale
- AED 1.17M
- Typical rent
- AED 90K /yr
- Typical yield
- 6.6%
Other units on the 10th floor
All 99 units in Avenue Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1002 | 2-bed | 1,191 sqft | AED 1.11MAED 1,105,713 · Oct 2014October 2014 | 93,000 /yr | |
| 1003 | 1-bed | 811 sqft | AED 750KAED 749,835 · Oct 2014October 2014 | 70,000 /yr | |
| 1004 | 2-bed | 1,480 sqft | AED 1.37MAED 1,367,667 · Oct 2014October 2014 | 92,000 /yr | |
| 1005 | 2-bed | 1,304 sqft | AED 1.21MAED 1,206,333 · Oct 2014October 2014 | 65,000 /yr | |
| 1006 | 3-bed | 1,559 sqft | AED 1.41MAED 1,413,567 · Oct 2014October 2014 | 140,000 /yr | |
| 1007 | 2-bed | 1,448 sqft | AED 1.3MAED 1,302,696 · Oct 2014October 2014 | 81,900 /yr | |
| 1008 | 2-bed | 1,297 sqft | AED 1.4MAED 1,400,000 · Mar 2025March 2025 | 70,100 /yr | |
| 1009 | 2-bed | 1,537 sqft | AED 1.45MAED 1,448,145 · Oct 2014October 2014 | 95,000 /yr | |
| 1010 | 2-bed | 1,026 sqft | AED 967KAED 966,564 · Oct 2014October 2014 | 85,000 /yr |
1001, Avenue Residence 1 in numbers
- Sold 3 times: first on 26 November 2013 for AED 1,270,811, last on 16 October 2014 for AED 1,806,840 (AED 922 per sqft).
- Rented since May 2015 on 14 Ejari contracts. The rent fell from AED 135,000 to AED 80,000 in 2021 and recovered to AED 102,900 by May 2026.
- At AED 102,900 a year the gross yield on the 2014 price is 5.7%, before a service charge of about AED 25,600 a year (AED 13.05 per sqft).
Source: Dubai Land Department. Updated 23 May 2026.
Questions about 1001, Avenue Residence 1
What did unit 1001 last sell for?
AED 1,806,840 on 16 October 2014: AED 922 per sqft for 1,959 sqft. The unit has 3 registered sales; the first was AED 1,270,811 in November 2013.
What is the rent for unit 1001?
AED 102,900 a year on the contract renewed on 23 May 2026. The previous contract, from May 2025, was AED 98,000; the unit has been rented since May 2015.
How big is unit 1001?
1,959 sqft (182.0 sqm): a three-bedroom apartment on the 10th floor of a 10-storey tower completed in 2014.
What is unit 1001 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 1001, Avenue Residence 1
Starts from the last sale price (AED 1.81M, 16 October 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,806,840
- Deposit, UAE resident (20%)
- AED 361,368
- Deposit, non-resident (40%)
- AED 722,736
- Monthly over 25 years at 3.7%
- AED 7,392
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →