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2-bed · 1,295 sqftAvenue Residence 1, Al Furjan · 3rd floor · completed 2014

308, Avenue Residence 1

Sold prices and rental history: sold twice, last in March 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 5 March 2015
Last soldAED 828K5 March 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 308, Avenue Residence 1

What is 308 worth today?

Last sold for AED 828,426 in 2015

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5 Mar 2015SoldReady
AED 828,426AED 639 per sqft
25 Sep 2013Sold by developerOff-plan
AED 828,426AED 639 per sqft

Source: Dubai Land Department. Updated 5 March 2015.

Key facts

Type
2-bed apartment
Size
1,295 sqft
Floor
3rd of 10
Parking
G-57
Developer
Nabni Real Estate Development
Completed
2014
Service charge
AED 16,900 /yr
Last sold
AED 828K · March 2015
Building
Avenue Residence 1

About 308, Avenue Residence 1

308 is a two-bedroom apartment of 1,295 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 5 March 2015 for AED 828,426, or AED 639 per sqft, 21% below the AED 810 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 308 over time

Sales
Unit 308, 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, September 2013: AED 828,426 (AED 639 per sqft)Sold, March 2015: AED 828,426 (AED 639 per sqft)

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

Rents
Unit 308, 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 90,000

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 308 sits

All 69 2-beds →

308 last sold in March 2015 at AED 639 per sqft, 21% below what two-beds in Avenue Residence 1 were fetching at the time (AED 810). 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.

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 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
3063-bedAED 1.01M · Oct 2014
3072-bedAED 911K · Oct 2014
1–7 of 9

308, Avenue Residence 1 in numbers

  • Sold twice: first on 25 September 2013 for AED 828,426, last on 5 March 2015 for AED 828,426 (AED 639 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 5 March 2015.

Questions about 308, Avenue Residence 1

What did unit 308 last sell for?

AED 828,426 on 5 March 2015: AED 639 per sqft for 1,295 sqft. The unit has 2 registered sales; the first was AED 828,426 in September 2013.

How big is unit 308?

1,295 sqft (120.3 sqm): a two-bedroom apartment on the 3rd floor of a 10-storey tower completed in 2014.

What is unit 308 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 308, Avenue Residence 1

Starts from the last sale price (AED 828K, 5 March 2015). Switch to today's estimate once you have unlocked it.
Price
AED 828,426
Deposit, UAE resident (20%)
AED 165,685
Deposit, non-resident (40%)
AED 331,370
Monthly over 25 years at 3.7%
AED 3,389

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