3-bed · 1,557 sqftAvenue Residence 1, Al Furjan · 3rd floor · completed 2014

306, Avenue Residence 1

Sold prices and rental history: sold twice, 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 306 · DLD and Ejari recordsUpdated 5 June 2026
Last soldAED 1.01M20 October 2014
Current rentAED 105K /yr5 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Avenue Residence 1

What is 306 worth today?

Last sold for AED 1,011,376 in 2014

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5 Jun 2026RentedRenewal
AED 105,000/yr12 months · AED 67 per sqft
5 Jun 2025RentedRenewal
AED 100,000/yr12 months · AED 64 per sqft
5 Jun 2025RentedRenewal
AED 100,000/yr12 months · AED 64 per sqft
5 Jun 2024RentedRenewal
AED 100,000/yr12 months · AED 64 per sqft
5 Jun 2023RentedRenewal
AED 90,000/yr12 months · AED 58 per sqft
5 Jun 2022RentedNew contract
AED 85,000/yr12 months · AED 55 per sqft
22 Nov 2021RentedNew contract
AED 80,000/yr12 months · AED 51 per sqft
18 Oct 2020RentedNew contract
AED 65,363/yr13 months · AED 42 per sqft

Source: Dubai Land Department. Updated 5 June 2026.

Key facts

Type
3-bed apartment
Size
1,557 sqft
Floor
3rd of 10
Parking
G-55, G-56
Developer
Nabni Real Estate Development
Completed
2014
Service charge
AED 20,300 /yr
Last sold
AED 1.01M · October 2014

About 306, Avenue Residence 1

306 is a three-bedroom apartment of 1,557 sqft on the 3rd floor of Avenue Residence 1, a 10-storey tower in Al Furjan completed in 2014 by Nabni Real Estate Development. It last sold on 20 October 2014 for AED 1,011,376, or AED 649 per sqft, 10% below the AED 725 three-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 16 Ejari contracts. The current contract, renewed on 5 June 2026, is AED 105,000 a year: a gross yield of 10.4% on the 2014 price, before the service charge of about AED 20,300 a year.

Sales and rents for 306 over time

Sales
Unit 306, each saleTypical three-bed in Avenue Residence 1
1M1.5M2M20132016201920222025Typical sale price by year: 2013 AED 1,285,165; 2014 AED 1,547,009; 2024 AED 2,050,000Sold by developer, September 2013: AED 1,011,376 (AED 649 per sqft)Sold, October 2014: AED 1,011,376 (AED 649 per sqft)

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

Rents
Unit 306, each contractTypical three-bed in Avenue Residence 1
100K150K20152018202120242027Typical 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, January 2015: AED 125,000 a yearNew contract, March 2015: AED 142,045 a yearNew contract, February 2016: AED 120,000 a yearNew contract, August 2016: AED 113,898 a yearRenewal, February 2017: AED 120,649 a yearRenewal, August 2017: AED 100,270 a yearNew contract, August 2019: AED 85,000 a yearNew contract, August 2020: AED 65,000 a yearNew contract, October 2020: AED 65,363 a yearNew contract, November 2021: AED 80,000 a yearNew contract, June 2022: AED 85,000 a yearRenewal, June 2023: AED 90,000 a yearRenewal, June 2024: AED 100,000 a yearRenewal, June 2025: AED 100,000 a yearRenewal, June 2025: AED 100,000 a yearRenewal, June 2026: AED 105,000 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 306 sits

All 20 3-beds →

306 last sold in October 2014 at AED 649 per sqft, 10% below what three-beds in Avenue Residence 1 were fetching at the time (AED 725). 306's AED 105,000 is in the lower half 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 3rd floor

All 99 units in Avenue Residence 1
Value
3013-bedAED 1.25M · Oct 2014
3022-bedAED 950K · Sep 2024
3031-bedAED 875K · Oct 2014
3042-bedAED 962K · Oct 2014
3052-bedAED 1.04M · Oct 2014
3072-bedAED 911K · Oct 2014
3082-bedAED 828K · Mar 2015
1–7 of 9

306, Avenue Residence 1 in numbers

  • Sold twice: first on 26 September 2013 for AED 1,011,376, last on 20 October 2014 for AED 1,011,376 (AED 649 per sqft).
  • Rented since January 2015 on 16 Ejari contracts. The rent fell from AED 125,000 to AED 65,000 in 2020 and recovered to AED 105,000 by June 2026.
  • At AED 105,000 a year the gross yield on the 2014 price is 10.4%, before a service charge of about AED 20,300 a year (AED 13.05 per sqft).

Source: Dubai Land Department. Updated 5 June 2026.

Questions about 306, Avenue Residence 1

What did unit 306 last sell for?

AED 1,011,376 on 20 October 2014: AED 649 per sqft for 1,557 sqft. The unit has 2 registered sales; the first was AED 1,011,376 in September 2013.

What is the rent for unit 306?

AED 105,000 a year on the contract renewed on 5 June 2026. The previous contract, from June 2025, was AED 100,000; the unit has been rented since January 2015.

How big is unit 306?

1,557 sqft (144.7 sqm): a three-bedroom apartment on the 3rd floor of a 10-storey tower completed in 2014.

What is unit 306 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 306, Avenue Residence 1

Starts from the last sale price (AED 1.01M, 20 October 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,011,376
Deposit, UAE resident (20%)
AED 202,275
Deposit, non-resident (40%)
AED 404,550
Monthly over 25 years at 3.7%
AED 4,138

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