401, Avenue Residence 1
Sold prices and rental history: sold 4 times, last in October 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 401, Avenue Residence 1
What is 401 worth today?
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Source: Dubai Land Department. Updated 24 October 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,927 sqft
- Floor
- 4th of 10
- Parking
- G-61, G-62
- Developer
- Nabni Real Estate Development
- Completed
- 2014
- Service charge
- AED 25,100 /yr
- Last sold
- AED 2.05M · October 2024
- Building
- Avenue Residence 1
About 401, Avenue Residence 1
401 is a three-bedroom apartment of 1,927 sqft on the 4th floor of Avenue Residence 1, a 10-storey tower in Al Furjan completed in 2014 by Nabni Real Estate Development. It last sold on 24 October 2024 for AED 2,050,000, or AED 1,063 per sqft.
It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 15 February 2021, is AED 95,000 a year: a gross yield of 4.6% on the 2024 price, before the service charge of about AED 25,100 a year.
Sales and rents for 401 over time
401 has sold 4 times; the dashed line is the three-bed median of each year in the building.
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 401 sits
All 20 3-beds →401's AED 95,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Apr 202523 April 2025 | 1,959 sqft | 2,350,000 | 1,199 | ||
| 26 Dec 202426 December 2024 | 1,927 sqft | 2,100,000 | 1,089 | ||
| 4 Jun 20244 June 2024 | 1,927 sqft | 1,865,000 | 967 | ||
| 11 Sep 202311 September 2023 | 1,959 sqft | 1,770,000 | 903 |
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 4th floor
All 99 units in Avenue Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 402 | 2-bed | 1,195 sqft | AED 970KAED 970,000 · Jan 2023January 2023 | 82,500 /yr | |
| 403 | 1-bed | 811 sqft | AED 825KAED 825,000 · Dec 2017December 2017 | 70,000 /yr | |
| 404 | 2-bed | 1,486 sqft | AED 1.5MAED 1,500,000 · Dec 2014December 2014 | 69,300 /yr | |
| 405 | 2-bed | 1,304 sqft | AED 1.25MAED 1,250,000 · May 2017May 2017 | 109,695 /yr | |
| 406 | 3-bed | 1,557 sqft | AED 920KAED 920,000 · Feb 2021February 2021 | ||
| 407 | 2-bed | 1,442 sqft | AED 1.43MAED 1,425,000 · Dec 2024December 2024 | 110,000 /yr | |
| 408 | 2-bed | 1,295 sqft | AED 1.2MAED 1,200,000 · Jul 2016July 2016 | 75,311 /yr | |
| 409 | 2-bed | 782 sqft | AED 692KAED 692,008 · Jan 2026January 2026 | 110,000 /yr | |
| 410 | 2-bed | 1,026 sqft | AED 870KAED 869,908 · Oct 2014October 2014 | 84,000 /yr |
401, Avenue Residence 1 in numbers
- Sold 4 times: first on 15 September 2013 for AED 1,544,017, last on 24 October 2024 for AED 2,050,000 (AED 1,063 per sqft).
- Rented since May 2017 on 4 Ejari contracts, from AED 115,000 to AED 95,000 a year.
- At AED 95,000 a year the gross yield on the 2024 price is 4.6%, before a service charge of about AED 25,100 a year (AED 13.05 per sqft).
Source: Dubai Land Department. Updated 24 October 2024.
Questions about 401, Avenue Residence 1
What did unit 401 last sell for?
AED 2,050,000 on 24 October 2024: AED 1,063 per sqft for 1,927 sqft. The unit has 4 registered sales; the first was AED 1,544,017 in September 2013.
What is the rent for unit 401?
AED 95,000 a year on the contract signed on 15 February 2021. The previous contract, from February 2020, was AED 95,000; the unit has been rented since May 2017.
How big is unit 401?
1,927 sqft (179.0 sqm): a three-bedroom apartment on the 4th floor of a 10-storey tower completed in 2014.
What is unit 401 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 401, Avenue Residence 1
Starts from the last sale price (AED 2.05M, 24 October 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,050,000
- Deposit, UAE resident (20%)
- AED 410,000
- Deposit, non-resident (40%)
- AED 820,000
- Monthly over 25 years at 3.7%
- AED 8,387
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →