604, Avenue Residence 1
Sold prices and rental history: sold 4 times, last in November 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 604, Avenue Residence 1
What is 604 worth today?
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Source: Dubai Land Department. Updated 6 November 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,486 sqft
- Floor
- 6th of 10
- Parking
- P-7, P-8
- Developer
- Nabni Real Estate Development
- Completed
- 2014
- Service charge
- AED 19,400 /yr
- Last sold
- AED 1.24M · November 2023
- Building
- Avenue Residence 1
About 604, Avenue Residence 1
604 is a two-bedroom apartment of 1,486 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 6 November 2023 for AED 1,240,000, or AED 834 per sqft, in line with the AED 811 two-beds in the building were fetching at the time.
It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 8 October 2022, is AED 66,000 a year: a gross yield of 5.3% on the 2023 price, before the service charge of about AED 19,400 a year.
Sales and rents for 604 over time
604 has sold 4 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 604 sits
All 69 2-beds →604 last sold in November 2023 at AED 834 per sqft, in line with what two-beds in Avenue Residence 1 were fetching at the time (AED 811). 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. 604's AED 66,000 is at the bottom 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 | |
| 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 | |
| 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 |
604, Avenue Residence 1 in numbers
- Sold 4 times: first on 1 October 2013 for AED 1,192,113, last on 6 November 2023 for AED 1,240,000 (AED 834 per sqft).
- Rented since October 2020 on 3 Ejari contracts, from AED 60,000 to AED 66,000 a year.
- At AED 66,000 a year the gross yield on the 2023 price is 5.3%, before a service charge of about AED 19,400 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 6 November 2023.
Questions about 604, Avenue Residence 1
What did unit 604 last sell for?
AED 1,240,000 on 6 November 2023: AED 834 per sqft for 1,486 sqft. The unit has 4 registered sales; the first was AED 1,192,113 in October 2013.
What is the rent for unit 604?
AED 66,000 a year on the contract renewed on 8 October 2022. The previous contract, from October 2021, was AED 60,000; the unit has been rented since October 2020.
How big is unit 604?
1,486 sqft (138.1 sqm): a two-bedroom apartment on the 6th floor of a 10-storey tower completed in 2014.
What is unit 604 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 604, Avenue Residence 1
Starts from the last sale price (AED 1.24M, 6 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,240,000
- Deposit, UAE resident (20%)
- AED 248,000
- Deposit, non-resident (40%)
- AED 496,000
- Monthly over 25 years at 3.7%
- AED 5,073
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →