108, Avenue Residence 1
Sold prices and rental history: sold 5 times, last in November 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 108, Avenue Residence 1
What is 108 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 12 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,800 sqft
- Floor
- 1st of 10
- Parking
- G-25, G-26
- Developer
- Nabni Real Estate Development
- Completed
- 2014
- Service charge
- AED 23,500 /yr
- Last sold
- AED 1.37M · November 2024
- Building
- Avenue Residence 1
About 108, Avenue Residence 1
108 is a two-bedroom apartment of 1,800 sqft on the 1st floor of Avenue Residence 1, a 10-storey tower in Al Furjan completed in 2014 by Nabni Real Estate Development. It last sold on 12 November 2024 for AED 1,370,000, or AED 761 per sqft, 5% below the AED 797 two-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 1 December 2023, is AED 85,000 a year: a gross yield of 6.2% on the 2024 price, before the service charge of about AED 23,500 a year.
Sales and rents for 108 over time
108 has sold 5 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 108 sits
All 69 2-beds →108 last sold in November 2024 at AED 761 per sqft, 5% below what two-beds in Avenue Residence 1 were fetching at the time (AED 797). 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. 108's AED 85,000 is in the lower half 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 1st floor
All 99 units in Avenue Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 3-bed | 3,267 sqft | AED 1.7MAED 1,700,000 · Mar 2023March 2023 | ||
| 102 | 2-bed | 1,696 sqft | AED 970KAED 970,000 · Mar 2023March 2023 | 95,000 /yr | |
| 103 | 1-bed | 1,149 sqft | AED 960KAED 960,000 · Oct 2014October 2014 | 77,000 /yr | |
| 104 | 2-bed | 2,272 sqft | AED 1.3MAED 1,295,000 · Jul 2018July 2018 | 115,000 /yr | |
| 105 | 2-bed | 2,506 sqft | AED 1.34MAED 1,343,386 · Nov 2014November 2014 | 85,000 /yr | |
| 106 | 3-bed | 2,488 sqft | AED 1.7MAED 1,700,000 · Dec 2014December 2014 | 94,000 /yr | |
| 107 | 2-bed | 1,938 sqft | AED 710KAED 710,000 · Mar 2020March 2020 | 78,000 /yr | |
| 109 | 2-bed | 3,187 sqft | AED 1.45MAED 1,450,000 · Feb 2025February 2025 | 90,000 /yr |
108, Avenue Residence 1 in numbers
- Sold 5 times: first on 9 October 2014 for AED 788,243, last on 12 November 2024 for AED 1,370,000 (AED 761 per sqft).
- Rented since January 2018 on 6 Ejari contracts. The rent fell from AED 80,000 to AED 62,500 in 2020 and recovered to AED 85,000 by December 2023.
- At AED 85,000 a year the gross yield on the 2024 price is 6.2%, before a service charge of about AED 23,500 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 12 November 2024.
Questions about 108, Avenue Residence 1
What did unit 108 last sell for?
AED 1,370,000 on 12 November 2024: AED 761 per sqft for 1,800 sqft. The unit has 5 registered sales; the first was AED 788,243 in October 2014.
What is the rent for unit 108?
AED 85,000 a year on the contract renewed on 1 December 2023. The previous contract, from December 2022, was AED 85,000; the unit has been rented since January 2018.
How big is unit 108?
1,800 sqft (167.2 sqm): a two-bedroom apartment on the 1st floor of a 10-storey tower completed in 2014.
What is unit 108 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.
Selling 108? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 108, Avenue Residence 1
Starts from the last sale price (AED 1.37M, 12 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,370,000
- Deposit, UAE resident (20%)
- AED 274,000
- Deposit, non-resident (40%)
- AED 548,000
- Monthly over 25 years at 3.7%
- AED 5,605
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →