601, Avenue Residence 1
Sold prices and rental history: sold 3 times, last in June 2024, 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 601, Avenue Residence 1
What is 601 worth today?
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Source: Dubai Land Department. Updated 4 June 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,927 sqft
- Floor
- 6th of 10
- Parking
- P-14, P-15
- Developer
- Nabni Real Estate Development
- Completed
- 2014
- Service charge
- AED 25,100 /yr
- Last sold
- AED 1.87M · June 2024
- Building
- Avenue Residence 1
About 601, Avenue Residence 1
601 is a three-bedroom apartment of 1,927 sqft on the 6th floor of Avenue Residence 1, a 10-storey tower in Al Furjan completed in 2014 by Nabni Real Estate Development. It last sold on 4 June 2024 for AED 1,865,000, or AED 967 per sqft.
It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, renewed on 20 August 2023, is AED 102,000 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 25,100 a year.
Sales and rents for 601 over time
601 has sold 3 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 601 sits
All 20 3-beds →601's AED 102,000 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 | ||
| 24 Oct 202424 October 2024 | 1,927 sqft | 2,050,000 | 1,063 | ||
| 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 6th floor
All 99 units in Avenue Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 602 | 2-bed | 1,195 sqft | AED 940KAED 940,000 · Nov 2022November 2022 | 90,000 /yr | |
| 603 | 1-bed | 811 sqft | AED 423KAED 422,500 · Jan 2017January 2017 | 83,000 /yr | |
| 604 | 2-bed | 1,486 sqft | AED 1.24MAED 1,240,000 · Nov 2023November 2023 | 66,000 /yr | |
| 605 | 2-bed | 1,304 sqft | AED 1.07MAED 1,065,594 · Nov 2014November 2014 | 95,000 /yr | |
| 606 | 3-bed | 1,557 sqft | AED 1.3MAED 1,300,054 · Nov 2014November 2014 | 75,000 /yr | |
| 607 | 2-bed | 1,442 sqft | AED 1.45MAED 1,450,000 · Aug 2025August 2025 | 90,000 /yr | |
| 608 | 2-bed | 1,295 sqft | AED 1.02MAED 1,021,004 · Nov 2014November 2014 | 80,000 /yr | |
| 609 | 2-bed | 1,565 sqft | AED 1.43MAED 1,430,000 · Mar 2015March 2015 | 96,000 /yr | |
| 610 | 2-bed | 1,025 sqft | AED 1.17MAED 1,170,000 · Oct 2026October 2026 | 65,000 /yr |
601, Avenue Residence 1 in numbers
- Sold 3 times: first on 5 October 2013 for AED 1,560,416, last on 4 June 2024 for AED 1,865,000 (AED 967 per sqft).
- Rented since February 2015 on 11 Ejari contracts. The rent fell from AED 128,713 to AED 75,000 in 2021 and recovered to AED 102,000 by August 2023.
- At AED 102,000 a year the gross yield on the 2024 price is 5.5%, before a service charge of about AED 25,100 a year (AED 13.05 per sqft).
Source: Dubai Land Department. Updated 4 June 2024.
Questions about 601, Avenue Residence 1
What did unit 601 last sell for?
AED 1,865,000 on 4 June 2024: AED 967 per sqft for 1,927 sqft. The unit has 3 registered sales; the first was AED 1,560,416 in October 2013.
What is the rent for unit 601?
AED 102,000 a year on the contract renewed on 20 August 2023. The previous contract, from August 2022, was AED 90,000; the unit has been rented since February 2015.
How big is unit 601?
1,927 sqft (179.0 sqm): a three-bedroom apartment on the 6th floor of a 10-storey tower completed in 2014.
What is unit 601 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 601, Avenue Residence 1
Starts from the last sale price (AED 1.87M, 4 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,865,000
- Deposit, UAE resident (20%)
- AED 373,000
- Deposit, non-resident (40%)
- AED 746,000
- Monthly over 25 years at 3.7%
- AED 7,630
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →