2-bed · 1,442 sqftAvenue Residence 1, Al Furjan · 4th floor · completed 2014

407, Avenue Residence 1

Sold prices and rental history: sold 4 times, last in December 2024, and rented once, from November 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 11 November 2025
Last soldAED 1.43M23 December 2024
Current rentAED 110K /yr11 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Avenue Residence 1

What is 407 worth today?

Last sold for AED 1,425,000 in 2024

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11 Nov 2025RentedNew contract
AED 110,000/yr12 months · AED 76 per sqft
23 Dec 2024SoldReady
AED 1,425,000AED 988 per sqft
4 May 2015SoldReady
AED 1,275,000AED 884 per sqft
10 Dec 2014SoldReady
AED 1,101,362AED 763 per sqft
25 Sep 2013Sold by developerOff-plan
AED 1,101,362AED 763 per sqft

Source: Dubai Land Department. Updated 11 November 2025.

Key facts

Type
2-bed apartment
Size
1,442 sqft
Floor
4th of 10
Parking
G-70
Developer
Nabni Real Estate Development
Completed
2014
Service charge
AED 18,800 /yr
Last sold
AED 1.43M · December 2024

About 407, Avenue Residence 1

407 is a two-bedroom apartment of 1,442 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 23 December 2024 for AED 1,425,000, or AED 988 per sqft, 12% above the AED 882 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 11 November 2025. The current contract, signed on 11 November 2025, is AED 110,000 a year: a gross yield of 7.7% on the 2024 price, before the service charge of about AED 18,800 a year.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical two-bed in Avenue Residence 1
1M1.25M1.5M2013201720212025Typical 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 1,101,362 (AED 763 per sqft)Sold, December 2014: AED 1,101,362 (AED 763 per sqft)Sold, May 2015: AED 1,275,000 (AED 884 per sqft)Sold, December 2024: AED 1,425,000 (AED 988 per sqft)

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

Rents
Unit 407, 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 90,000New contract, November 2025: AED 110,000 a year

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 407 sits

All 69 2-beds →

407 last sold in December 2024 at AED 988 per sqft, 12% above what two-beds in Avenue Residence 1 were fetching at the time (AED 882). 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. 407's AED 110,000 is in the upper half of that range.

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 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
4063-bedAED 920K · Feb 2021
4082-bedAED 1.2M · Jul 2016
1–7 of 9

407, Avenue Residence 1 in numbers

  • Sold 4 times: first on 25 September 2013 for AED 1,101,362, last on 23 December 2024 for AED 1,425,000 (AED 988 per sqft).
  • Rented since November 2025 on one Ejari contract, at AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2024 price is 7.7%, before a service charge of about AED 18,800 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 11 November 2025.

Questions about 407, Avenue Residence 1

What did unit 407 last sell for?

AED 1,425,000 on 23 December 2024: AED 988 per sqft for 1,442 sqft. The unit has 4 registered sales; the first was AED 1,101,362 in September 2013.

What is the rent for unit 407?

AED 110,000 a year on the contract signed on 11 November 2025.

How big is unit 407?

1,442 sqft (134.0 sqm): a two-bedroom apartment on the 4th floor of a 10-storey tower completed in 2014.

What is unit 407 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 407, Avenue Residence 1

Starts from the last sale price (AED 1.43M, 23 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,425,000
Deposit, UAE resident (20%)
AED 285,000
Deposit, non-resident (40%)
AED 570,000
Monthly over 25 years at 3.7%
AED 5,830

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