3-bed · 1,930 sqftAvenue Residence 1, Al Furjan · 2nd floor · completed 2014

201, Avenue Residence 1

Sold prices and rental history: sold twice, last in October 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 201 · DLD and Ejari recordsUpdated 2 June 2022
Last soldAED 1.25M16 October 2014
Current rentAED 60K /yr2 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 201, Avenue Residence 1

What is 201 worth today?

Last sold for AED 1,253,030 in 2014

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2 Jun 2022RentedNew contract
AED 60,000/yr12 months · AED 31 per sqft
2 Jun 2021RentedNew contract
AED 60,000/yr12 months · AED 31 per sqft
23 Jan 2020RentedNew contract
AED 60,000/yr12 months · AED 31 per sqft
29 Nov 2018RentedRenewal
AED 105,000/yr12 months · AED 54 per sqft
29 Nov 2017RentedNew contract
AED 135,000/yr12 months · AED 70 per sqft
1 Dec 2016RentedRenewal
AED 135,376/yr12 months · AED 70 per sqft
1 Dec 2015RentedRenewal
AED 135,000/yr12 months · AED 70 per sqft
1 Dec 2014RentedNew contract
AED 135,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 2 June 2022.

Key facts

Type
3-bed apartment
Size
1,930 sqft
Floor
2nd of 10
Parking
G-35, G-36
Developer
Nabni Real Estate Development
Completed
2014
Service charge
AED 25,200 /yr
Last sold
AED 1.25M · October 2014

About 201, Avenue Residence 1

201 is a three-bedroom apartment of 1,930 sqft on the 2nd 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 1,253,030, or AED 649 per sqft, 19% below the AED 800 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 2 June 2022, is AED 60,000 a year: a gross yield of 4.8% on the 2014 price, before the service charge of about AED 25,200 a year.

Sales and rents for 201 over time

Sales
Unit 201, each saleTypical three-bed in Avenue Residence 1
1.5M2M20132016201920222025Typical sale price by year: 2013 AED 1,285,165; 2014 AED 1,547,009; 2024 AED 2,050,000Sold by developer, September 2013: AED 1,253,030 (AED 649 per sqft)Sold, October 2014: AED 1,253,030 (AED 649 per sqft)

201 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 201, each contractTypical three-bed in Avenue Residence 1
50K100K2014201820222026Typical rent by year: 2015 AED 126,857; 2016 AED 125,000; 2017 AED 107,635; 2018 AED 88,000; 2019 AED 85,000; 2020 AED 70,000; 2021 AED 78,250; 2022 AED 89,000; 2023 AED 94,000; 2024 AED 101,000; 2025 AED 104,500; 2026 AED 104,750New contract, December 2014: AED 135,000 a yearRenewal, December 2015: AED 135,000 a yearRenewal, December 2016: AED 135,376 a yearNew contract, November 2017: AED 135,000 a yearRenewal, November 2018: AED 105,000 a yearNew contract, January 2020: AED 60,000 a yearNew contract, June 2021: AED 60,000 a yearNew contract, June 2022: AED 60,000 a year

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 201 sits

All 20 3-beds →

201 last sold in October 2014 at AED 649 per sqft, 19% below what three-beds in Avenue Residence 1 were fetching at the time (AED 800). 201's AED 60,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
23 Apr 20252,350,000
26 Dec 20242,100,000
24 Oct 20242,050,000
4 Jun 20241,865,000
0 3-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 2nd floor

All 99 units in Avenue Residence 1
Value
2022-bedAED 1.33M · May 2015
2031-bedAED 1.03M · Mar 2026
2042-bedAED 962K · Oct 2014
2052-bedAED 848K · Oct 2014
2063-bedAED 1.01M · Oct 2014
2072-bedAED 911K · Oct 2014
2082-bedAED 828K · Oct 2014
1–7 of 9

201, Avenue Residence 1 in numbers

  • Sold twice: first on 26 September 2013 for AED 1,253,030, last on 16 October 2014 for AED 1,253,030 (AED 649 per sqft).
  • Rented since December 2014 on 8 Ejari contracts, from AED 135,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2014 price is 4.8%, before a service charge of about AED 25,200 a year (AED 13.05 per sqft).

Source: Dubai Land Department. Updated 2 June 2022.

Questions about 201, Avenue Residence 1

What did unit 201 last sell for?

AED 1,253,030 on 16 October 2014: AED 649 per sqft for 1,930 sqft. The unit has 2 registered sales; the first was AED 1,253,030 in September 2013.

What is the rent for unit 201?

AED 60,000 a year on the contract signed on 2 June 2022. The previous contract, from June 2021, was AED 60,000; the unit has been rented since December 2014.

How big is unit 201?

1,930 sqft (179.3 sqm): a three-bedroom apartment on the 2nd floor of a 10-storey tower completed in 2014.

What is unit 201 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 201, Avenue Residence 1

Starts from the last sale price (AED 1.25M, 16 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,253,030
Deposit, UAE resident (20%)
AED 250,606
Deposit, non-resident (40%)
AED 501,212
Monthly over 25 years at 3.7%
AED 5,127

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