402, Avenue Residence 1
Sold prices and rental history: sold 6 times, last in January 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 402, Avenue Residence 1
What is 402 worth today?
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Source: Dubai Land Department. Updated 1 February 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,195 sqft
- Floor
- 4th of 10
- Parking
- G-63
- Developer
- Nabni Real Estate Development
- Completed
- 2014
- Service charge
- AED 15,600 /yr
- Last sold
- AED 970K · January 2023
- Building
- Avenue Residence 1
About 402, Avenue Residence 1
402 is a two-bedroom apartment of 1,195 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 9 January 2023 for AED 970,000, or AED 811 per sqft, 3% above the AED 786 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, renewed on 1 February 2024, is AED 82,500 a year: a gross yield of 8.5% on the 2023 price, before the service charge of about AED 15,600 a year.
Sales and rents for 402 over time
402 has sold 6 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 402 sits
All 69 2-beds →402 last sold in January 2023 at AED 811 per sqft, 3% above what two-beds in Avenue Residence 1 were fetching at the time (AED 786). 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. 402's AED 82,500 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 4th floor
All 99 units in Avenue Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 3-bed | 1,927 sqft | AED 2.05MAED 2,050,000 · Oct 2024October 2024 | 95,000 /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 |
402, Avenue Residence 1 in numbers
- Sold 6 times: first on 25 September 2013 for AED 970,570, last on 9 January 2023 for AED 970,000 (AED 811 per sqft).
- Rented since December 2015 on 4 Ejari contracts, from AED 110,000 to AED 82,500 a year.
- At AED 82,500 a year the gross yield on the 2023 price is 8.5%, before a service charge of about AED 15,600 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 1 February 2024.
Questions about 402, Avenue Residence 1
What did unit 402 last sell for?
AED 970,000 on 9 January 2023: AED 811 per sqft for 1,195 sqft. The unit has 6 registered sales; the first was AED 970,570 in September 2013.
What is the rent for unit 402?
AED 82,500 a year on the contract renewed on 1 February 2024. The previous contract, from February 2023, was AED 75,000; the unit has been rented since December 2015.
How big is unit 402?
1,195 sqft (111.0 sqm): a two-bedroom apartment on the 4th floor of a 10-storey tower completed in 2014.
What is unit 402 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 402, Avenue Residence 1
Starts from the last sale price (AED 970K, 9 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 970,000
- Deposit, UAE resident (20%)
- AED 194,000
- Deposit, non-resident (40%)
- AED 388,000
- Monthly over 25 years at 3.7%
- AED 3,969
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →