602, Avenue Residence 1
Sold prices and rental history: sold 3 times, last in November 2022, 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 602, Avenue Residence 1
What is 602 worth today?
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Source: Dubai Land Department. Updated 24 September 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,195 sqft
- Floor
- 6th of 10
- Parking
- P-12
- Developer
- Nabni Real Estate Development
- Completed
- 2014
- Service charge
- AED 15,600 /yr
- Last sold
- AED 940K · November 2022
- Building
- Avenue Residence 1
About 602, Avenue Residence 1
602 is a two-bedroom apartment of 1,195 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 2 November 2022 for AED 940,000, or AED 786 per sqft, 16% above the AED 676 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 12 Ejari contracts. The current contract, renewed on 24 September 2026, is AED 90,000 a year: a gross yield of 9.6% on the 2022 price, before the service charge of about AED 15,600 a year.
Sales and rents for 602 over time
602 has sold 3 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 602 sits
All 69 2-beds →602 last sold in November 2022 at AED 786 per sqft, 16% above what two-beds in Avenue Residence 1 were fetching at the time (AED 676). 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. 602's AED 90,000 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 6th floor
All 99 units in Avenue Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 3-bed | 1,927 sqft | AED 1.87MAED 1,865,000 · Jun 2024June 2024 | 102,000 /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 |
602, Avenue Residence 1 in numbers
- Sold 3 times: first on 27 October 2013 for AED 982,856, last on 2 November 2022 for AED 940,000 (AED 786 per sqft).
- Rented since November 2015 on 12 Ejari contracts. The rent fell from AED 120,000 to AED 77,000 in 2024 and recovered to AED 90,000 by September 2026.
- At AED 90,000 a year the gross yield on the 2022 price is 9.6%, 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 24 September 2026.
Questions about 602, Avenue Residence 1
What did unit 602 last sell for?
AED 940,000 on 2 November 2022: AED 786 per sqft for 1,195 sqft. The unit has 3 registered sales; the first was AED 982,856 in October 2013.
What is the rent for unit 602?
AED 90,000 a year on the contract renewed on 24 September 2026. The previous contract, from September 2025, was AED 90,000; the unit has been rented since November 2015.
How big is unit 602?
1,195 sqft (111.0 sqm): a two-bedroom apartment on the 6th floor of a 10-storey tower completed in 2014.
What is unit 602 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 602, Avenue Residence 1
Starts from the last sale price (AED 940K, 2 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 940,000
- Deposit, UAE resident (20%)
- AED 188,000
- Deposit, non-resident (40%)
- AED 376,000
- Monthly over 25 years at 3.7%
- AED 3,846
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →