3-bed · 1,557 sqftAvenue Residence 1, Al Furjan · 6th floor · completed 2014

606, Avenue Residence 1

Sold prices and rental history: sold twice, last in November 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 606 · DLD and Ejari recordsUpdated 1 June 2021
Last soldAED 1.3M5 November 2014
Current rentAED 75K /yr1 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 606, Avenue Residence 1

What is 606 worth today?

Last sold for AED 1,300,054 in 2014

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1 Jun 2021RentedRenewal
AED 75,000/yr12 months · AED 48 per sqft
1 Jun 2020RentedRenewal
AED 75,000/yr12 months · AED 48 per sqft
1 Jun 2019RentedRenewal
AED 75,000/yr12 months · AED 48 per sqft
1 Jun 2018RentedNew contract
AED 100,000/yr12 months · AED 64 per sqft
22 Dec 2015RentedNew contract
AED 130,000/yr12 months · AED 83 per sqft
16 Nov 2014RentedNew contract
AED 125,000/yr12 months · AED 80 per sqft
5 Nov 2014SoldReady
AED 1,300,054AED 835 per sqft
1 Dec 2013Sold by developerOff-plan
AED 1,300,054AED 835 per sqft

Source: Dubai Land Department. Updated 1 June 2021.

Key facts

Type
3-bed apartment
Size
1,557 sqft
Floor
6th of 10
Parking
P-16, P-17
Developer
Nabni Real Estate Development
Completed
2014
Service charge
AED 20,300 /yr
Last sold
AED 1.3M · November 2014

About 606, Avenue Residence 1

606 is a three-bedroom apartment of 1,557 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 5 November 2014 for AED 1,300,054, or AED 835 per sqft, 3% above the AED 809 three-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 1 June 2021, is AED 75,000 a year: a gross yield of 5.8% on the 2014 price, before the service charge of about AED 20,300 a year.

Sales and rents for 606 over time

Sales
Unit 606, each saleTypical three-bed in Avenue Residence 1
1.5M2M20132016201920222025Typical sale price by year: 2013 AED 1,285,165; 2014 AED 1,547,009; 2024 AED 2,050,000Sold by developer, December 2013: AED 1,300,054 (AED 835 per sqft)Sold, November 2014: AED 1,300,054 (AED 835 per sqft)

606 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 606, each contractTypical three-bed in Avenue Residence 1
100K2014201820222026Typical 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 104,750New contract, November 2014: AED 125,000 a yearNew contract, December 2015: AED 130,000 a yearNew contract, June 2018: AED 100,000 a yearRenewal, June 2019: AED 75,000 a yearRenewal, June 2020: AED 75,000 a yearRenewal, June 2021: AED 75,000 a year

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 606 sits

All 20 3-beds →

606 last sold in November 2014 at AED 835 per sqft, 3% above what three-beds in Avenue Residence 1 were fetching at the time (AED 809). 606's AED 75,000 is at the bottom of that range.

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 6th floor

All 99 units in Avenue Residence 1
Value
6013-bedAED 1.87M · Jun 2024
6022-bedAED 940K · Nov 2022
6031-bedAED 423K · Jan 2017
6042-bedAED 1.24M · Nov 2023
6052-bedAED 1.07M · Nov 2014
6072-bedAED 1.45M · Aug 2025
6082-bedAED 1.02M · Nov 2014
1–7 of 9

606, Avenue Residence 1 in numbers

  • Sold twice: first on 1 December 2013 for AED 1,300,054, last on 5 November 2014 for AED 1,300,054 (AED 835 per sqft).
  • Rented since November 2014 on 6 Ejari contracts, from AED 125,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2014 price is 5.8%, before a service charge of about AED 20,300 a year (AED 13.05 per sqft).

Source: Dubai Land Department. Updated 1 June 2021.

Questions about 606, Avenue Residence 1

What did unit 606 last sell for?

AED 1,300,054 on 5 November 2014: AED 835 per sqft for 1,557 sqft. The unit has 2 registered sales; the first was AED 1,300,054 in December 2013.

What is the rent for unit 606?

AED 75,000 a year on the contract renewed on 1 June 2021. The previous contract, from June 2020, was AED 75,000; the unit has been rented since November 2014.

How big is unit 606?

1,557 sqft (144.7 sqm): a three-bedroom apartment on the 6th floor of a 10-storey tower completed in 2014.

What is unit 606 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 606, Avenue Residence 1

Starts from the last sale price (AED 1.3M, 5 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,054
Deposit, UAE resident (20%)
AED 260,011
Deposit, non-resident (40%)
AED 520,022
Monthly over 25 years at 3.7%
AED 5,319

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