701, Avenue Residence 1
Sold prices and rental history: sold 3 times, last in October 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Avenue Residence 1
What is 701 worth today?
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Source: Dubai Land Department. Updated 16 July 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 1,929 sqft
- Floor
- 7th of 10
- Parking
- P-24, P-25
- Developer
- Nabni Real Estate Development
- Completed
- 2014
- Service charge
- AED 25,200 /yr
- Last sold
- AED 1.66M · October 2014
- Building
- Avenue Residence 1
About 701, Avenue Residence 1
701 is a three-bedroom apartment of 1,929 sqft on the 7th floor of Avenue Residence 1, a 10-storey tower in Al Furjan completed in 2014 by Nabni Real Estate Development. It last sold on 27 October 2014 for AED 1,664,984, or AED 863 per sqft, 7% above the AED 803 three-beds in the building were fetching at the time.
It has been rented continuously since 2016 on 12 Ejari contracts. The current contract, renewed on 16 July 2026, is AED 80,000 a year: a gross yield of 4.8% on the 2014 price, before the service charge of about AED 25,200 a year.
Sales and rents for 701 over time
701 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 701 sits
All 20 3-beds →701 last sold in October 2014 at AED 863 per sqft, 7% above what three-beds in Avenue Residence 1 were fetching at the time (AED 803). 701's AED 80,000 is at the bottom 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 | ||
| 4 Jun 20244 June 2024 | 1,927 sqft | 1,865,000 | 967 |
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 7th floor
All 99 units in Avenue Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 2-bed | 1,191 sqft | AED 969KAED 969,219 · Oct 2014October 2014 | 55,000 /yr | |
| 703 | 1-bed | 811 sqft | AED 710KAED 710,000 · May 2023May 2023 | 45,000 /yr | |
| 704 | 2-bed | 1,480 sqft | AED 500KAED 500,000 · Sep 2022September 2022 | 60,000 /yr | |
| 705 | 2-bed | 1,304 sqft | AED 1.21MAED 1,208,477 · Dec 2014December 2014 | 82,000 /yr | |
| 706 | 3-bed | 1,559 sqft | AED 1.29MAED 1,285,165 · Oct 2014October 2014 | 104,500 /yr | |
| 707 | 2-bed | 1,443 sqft | AED 800KAED 800,000 · Feb 2019February 2019 | 100,000 /yr | |
| 708 | 2-bed | 1,297 sqft | AED 1.01MAED 1,006,314 · Oct 2014October 2014 | 85,000 /yr | |
| 709 | 2-bed | 1,537 sqft | AED 1.1MAED 1,100,000 · May 2023May 2023 | 69,300 /yr | |
| 710 | 2-bed | 1,026 sqft | AED 869KAED 868,644 · Oct 2014October 2014 | 76,650 /yr |
701, Avenue Residence 1 in numbers
- Sold 3 times: first on 19 October 2013 for AED 1,541,652, last on 27 October 2014 for AED 1,664,984 (AED 863 per sqft).
- Rented since July 2016 on 12 Ejari contracts, at AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2014 price is 4.8%, before a service charge of about AED 25,200 a year (AED 13.05 per sqft).
Source: Dubai Land Department. Updated 16 July 2026.
Questions about 701, Avenue Residence 1
What did unit 701 last sell for?
AED 1,664,984 on 27 October 2014: AED 863 per sqft for 1,929 sqft. The unit has 3 registered sales; the first was AED 1,541,652 in October 2013.
What is the rent for unit 701?
AED 80,000 a year on the contract renewed on 16 July 2026. The previous contract, from July 2025, was AED 80,000; the unit has been rented since July 2016.
How big is unit 701?
1,929 sqft (179.2 sqm): a three-bedroom apartment on the 7th floor of a 10-storey tower completed in 2014.
What is unit 701 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 701, Avenue Residence 1
Starts from the last sale price (AED 1.66M, 27 October 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,664,984
- Deposit, UAE resident (20%)
- AED 332,997
- Deposit, non-resident (40%)
- AED 665,994
- Monthly over 25 years at 3.7%
- AED 6,812
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →