3-bed · 1,557 sqftAvenue Residence 1, Al Furjan · 4th floor · completed 2014

406, Avenue Residence 1

Sold prices and rental history: sold 4 times, last in February 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 8 February 2021
Last soldAED 920K8 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Avenue Residence 1

What is 406 worth today?

Last sold for AED 920,000 in 2021

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8 Feb 2021SoldReady
AED 920,000AED 590 per sqft
7 Dec 2014SoldReady
AED 1,550,000AED 995 per sqft
2 Nov 2014SoldReady
AED 1,279,626AED 821 per sqft
24 Nov 2013Sold by developerOff-plan
AED 1,279,626AED 821 per sqft

Source: Dubai Land Department. Updated 8 February 2021.

Key facts

Type
3-bed apartment
Size
1,557 sqft
Floor
4th of 10
Parking
G-68, G-69
Developer
Nabni Real Estate Development
Completed
2014
Service charge
AED 20,300 /yr
Last sold
AED 920K · February 2021

About 406, Avenue Residence 1

406 is a three-bedroom apartment of 1,557 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 8 February 2021 for AED 920,000, or AED 590 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical three-bed in Avenue Residence 1
1M2M20132016201920222025Typical sale price by year: 2013 AED 1,285,165; 2014 AED 1,547,009; 2024 AED 2,050,000Sold by developer, November 2013: AED 1,279,626 (AED 821 per sqft)Sold, November 2014: AED 1,279,626 (AED 821 per sqft)Sold, December 2014: AED 1,550,000 (AED 995 per sqft)Sold, February 2021: AED 920,000 (AED 590 per sqft)

406 has sold 4 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 406, each contractTypical three-bed in Avenue Residence 1
100K20152018202120242027Typical 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 104,750

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 406 sits

All 20 3-beds →
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 4th floor

All 99 units in Avenue Residence 1
Value
4013-bedAED 2.05M · Oct 2024
4022-bedAED 970K · Jan 2023
4031-bedAED 825K · Dec 2017
4042-bedAED 1.5M · Dec 2014
4052-bedAED 1.25M · May 2017
4072-bedAED 1.43M · Dec 2024
4082-bedAED 1.2M · Jul 2016
1–7 of 9

406, Avenue Residence 1 in numbers

  • Sold 4 times: first on 24 November 2013 for AED 1,279,626, last on 8 February 2021 for AED 920,000 (AED 590 per sqft).

Source: Dubai Land Department. Updated 8 February 2021.

Questions about 406, Avenue Residence 1

What did unit 406 last sell for?

AED 920,000 on 8 February 2021: AED 590 per sqft for 1,557 sqft. The unit has 4 registered sales; the first was AED 1,279,626 in November 2013.

How big is unit 406?

1,557 sqft (144.7 sqm): a three-bedroom apartment on the 4th floor of a 10-storey tower completed in 2014.

What is unit 406 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 406, Avenue Residence 1

Starts from the last sale price (AED 920K, 8 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 920,000
Deposit, UAE resident (20%)
AED 184,000
Deposit, non-resident (40%)
AED 368,000
Monthly over 25 years at 3.7%
AED 3,764

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