1005, 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 1005, Avenue Residence 1
What is 1005 worth today?
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Source: Dubai Land Department. Updated 26 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,304 sqft
- Floor
- 10th of 10
- Parking
- P-75, P-76
- Developer
- Nabni Real Estate Development
- Completed
- 2014
- Service charge
- AED 17,000 /yr
- Last sold
- AED 1.21M · October 2014
- Building
- Avenue Residence 1
About 1005, Avenue Residence 1
1005 is a two-bedroom apartment of 1,304 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 1,206,333, or AED 925 per sqft, 11% above the AED 832 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 26 August 2024, is AED 65,000 a year: a gross yield of 5.4% on the 2014 price, before the service charge of about AED 17,000 a year.
Sales and rents for 1005 over time
1005 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 1005 sits
All 69 2-beds →1005 last sold in October 2014 at AED 925 per sqft, 11% 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. 1005's AED 65,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Oct 202619 October 2026 | 1,025 sqft | 1,170,000 | 1,141 | ||
| 8 Jun 20268 June 2026 | 1,486 sqft | 1,500,000 | 1,009 | ||
| 28 Jan 202628 January 2026 | 782 sqft | 692,008 | 884 | ||
| 16 Jan 202616 January 2026 | 1,480 sqft | 1,500,000 | 1,013 |
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 | |||||
|---|---|---|---|---|---|
| 1001 | 3-bed | 1,959 sqft | AED 1.81MAED 1,806,840 · Oct 2014October 2014 | 102,900 /yr | |
| 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 | |
| 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 |
1005, Avenue Residence 1 in numbers
- Sold 3 times: first on 26 November 2013 for AED 848,454, last on 16 October 2014 for AED 1,206,333 (AED 925 per sqft).
- Rented since January 2015 on 4 Ejari contracts, from AED 105,000 to AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2014 price is 5.4%, before a service charge of about AED 17,000 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 26 August 2024.
Questions about 1005, Avenue Residence 1
What did unit 1005 last sell for?
AED 1,206,333 on 16 October 2014: AED 925 per sqft for 1,304 sqft. The unit has 3 registered sales; the first was AED 848,454 in November 2013.
What is the rent for unit 1005?
AED 65,000 a year on the contract signed on 26 August 2024. The previous contract, from January 2017, was AED 105,000; the unit has been rented since January 2015.
How big is unit 1005?
1,304 sqft (121.1 sqm): a two-bedroom apartment on the 10th floor of a 10-storey tower completed in 2014.
What is unit 1005 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 1005, Avenue Residence 1
Starts from the last sale price (AED 1.21M, 16 October 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,206,333
- Deposit, UAE resident (20%)
- AED 241,267
- Deposit, non-resident (40%)
- AED 482,533
- Monthly over 25 years at 3.7%
- AED 4,935
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →