2-bed · 1,191 sqftAvenue Residence 1, Al Furjan · 10th floor · completed 2014

1002, 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.

Unit 1002 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 1.11M16 October 2014
Current rentAED 93K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1002, Avenue Residence 1

What is 1002 worth today?

Last sold for AED 1,105,713 in 2014

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1 Aug 2026RentedRenewal
AED 93,000/yr12 months · AED 78 per sqft
1 Aug 2025RentedNew contract
AED 95,000/yr12 months · AED 80 per sqft
1 Aug 2025RentedNew contract
AED 95,000/yr12 months · AED 80 per sqft
10 Oct 2020RentedNew contract
AED 60,000/yr12 months · AED 50 per sqft
1 Mar 2020RentedRenewal
AED 68,000/yr12 months · AED 57 per sqft
1 Mar 2019RentedRenewal
AED 73,000/yr12 months · AED 61 per sqft
1 Mar 2018RentedNew contract
AED 80,000/yr12 months · AED 67 per sqft
19 Feb 2017RentedNew contract
AED 90,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
2-bed apartment
Size
1,191 sqft
Floor
10th of 10
Parking
P-70, P-71
Developer
Nabni Real Estate Development
Completed
2014
Service charge
AED 15,500 /yr
Last sold
AED 1.11M · October 2014

About 1002, Avenue Residence 1

1002 is a two-bedroom apartment of 1,191 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 1,105,713, or AED 928 per sqft, 12% above the AED 832 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 1 August 2026, is AED 93,000 a year: a gross yield of 8.4% on the 2014 price, before the service charge of about AED 15,500 a year.

Sales and rents for 1002 over time

Sales
Unit 1002, each saleTypical two-bed in Avenue Residence 1
1M1.5M2013201720212025Typical sale price by year: 2013 AED 1,004,165; 2014 AED 1,102,165; 2015 AED 1,300,000; 2016 AED 1,200,000; 2022 AED 980,000; 2023 AED 1,050,000; 2024 AED 1,265,000; 2025 AED 1,440,000; 2026 AED 1,335,000Sold by developer, November 2013: AED 777,685 (AED 652 per sqft)Sold, March 2014: AED 1,105,713 (AED 928 per sqft)Sold, October 2014: AED 1,105,713 (AED 928 per sqft)

1002 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1002, each contractTypical two-bed in Avenue Residence 1
50K75K100K2014201820222026Typical rent by year: 2014 AED 105,834; 2015 AED 105,000; 2016 AED 105,000; 2017 AED 90,000; 2018 AED 80,000; 2019 AED 73,000; 2020 AED 63,000; 2021 AED 58,000; 2022 AED 65,550; 2023 AED 74,000; 2024 AED 79,000; 2025 AED 90,000; 2026 AED 90,000New contract, January 2015: AED 100,000 a yearRenewal, January 2016: AED 100,000 a yearNew contract, February 2017: AED 90,000 a yearNew contract, March 2018: AED 80,000 a yearRenewal, March 2019: AED 73,000 a yearRenewal, March 2020: AED 68,000 a yearNew contract, October 2020: AED 60,000 a yearNew contract, August 2025: AED 95,000 a yearNew contract, August 2025: AED 95,000 a yearRenewal, August 2026: AED 93,000 a year

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 1002 sits

All 69 2-beds →

1002 last sold in October 2014 at AED 928 per sqft, 12% above what two-beds in Avenue Residence 1 were fetching at the time (AED 832). Over the last 12 months two-beds sold for AED 692,008 to 1,500,000, around AED 1,011 per sqft, and rent for AED 76,650 to 115,000 a year. 1002's AED 93,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Oct 20261,170,000
8 Jun 20261,500,000
28 Jan 2026692,008
16 Jan 20261,500,000
4 2-bed sales in the last 12 months

Avenue Residence 1

Building

99 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%
Avenue Residence 1, Al Furjan: prices, sales and rents →

Other units on the 10th floor

All 99 units in Avenue Residence 1
Value
10013-bedAED 1.81M · Oct 2014
10031-bedAED 750K · Oct 2014
10042-bedAED 1.37M · Oct 2014
10052-bedAED 1.21M · Oct 2014
10063-bedAED 1.41M · Oct 2014
10072-bedAED 1.3M · Oct 2014
10082-bedAED 1.4M · Mar 2025
1–7 of 9

1002, Avenue Residence 1 in numbers

  • Sold 3 times: first on 26 November 2013 for AED 777,685, last on 16 October 2014 for AED 1,105,713 (AED 928 per sqft).
  • Rented since January 2015 on 10 Ejari contracts. The rent fell from AED 100,000 to AED 60,000 in 2020 and recovered to AED 93,000 by August 2026.
  • At AED 93,000 a year the gross yield on the 2014 price is 8.4%, before a service charge of about AED 15,500 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 1,013 per sqft.

Source: Dubai Land Department. Updated 1 August 2026.

Questions about 1002, Avenue Residence 1

What did unit 1002 last sell for?

AED 1,105,713 on 16 October 2014: AED 928 per sqft for 1,191 sqft. The unit has 3 registered sales; the first was AED 777,685 in November 2013.

What is the rent for unit 1002?

AED 93,000 a year on the contract renewed on 1 August 2026. The previous contract, from August 2025, was AED 95,000; the unit has been rented since January 2015.

How big is unit 1002?

1,191 sqft (110.6 sqm): a two-bedroom apartment on the 10th floor of a 10-storey tower completed in 2014.

What is unit 1002 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 1,011 per sqft.

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Mortgage on 1002, Avenue Residence 1

Starts from the last sale price (AED 1.11M, 16 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,105,713
Deposit, UAE resident (20%)
AED 221,143
Deposit, non-resident (40%)
AED 442,285
Monthly over 25 years at 3.7%
AED 4,524

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →