2-bed · 1,304 sqftAvenue Residence 1, Al Furjan · 7th floor · completed 2014

705, Avenue Residence 1

Sold prices and rental history: sold 3 times, last in December 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 23 January 2026
Last soldAED 1.21M8 December 2014
Current rentAED 82K /yr23 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, Avenue Residence 1

What is 705 worth today?

Last sold for AED 1,208,477 in 2014

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23 Jan 2026RentedRenewal
AED 82,000/yr12 months · AED 63 per sqft
23 Jan 2025RentedRenewal
AED 78,750/yr12 months · AED 60 per sqft
23 Jan 2025RentedRenewal
AED 78,750/yr12 months · AED 60 per sqft
23 Jan 2024RentedRenewal
AED 75,000/yr12 months · AED 58 per sqft
23 Jan 2023RentedRenewal
AED 63,250/yr12 months · AED 49 per sqft
23 Jan 2022RentedRenewal
AED 55,000/yr12 months · AED 42 per sqft
23 Jan 2021RentedNew contract
AED 50,000/yr12 months · AED 38 per sqft
2 Aug 2019RentedRenewal
AED 70,000/yr12 months · AED 54 per sqft

Source: Dubai Land Department. Updated 23 January 2026.

Key facts

Type
2-bed apartment
Size
1,304 sqft
Floor
7th of 10
Parking
P-30
Developer
Nabni Real Estate Development
Completed
2014
Service charge
AED 17,000 /yr
Last sold
AED 1.21M · December 2014

About 705, Avenue Residence 1

705 is a two-bedroom apartment of 1,304 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 8 December 2014 for AED 1,208,477, or AED 927 per sqft, 13% above the AED 818 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, renewed on 23 January 2026, is AED 82,000 a year: a gross yield of 6.8% on the 2014 price, before the service charge of about AED 17,000 a year.

Sales and rents for 705 over time

Sales
Unit 705, each saleTypical two-bed in Avenue Residence 1
1M1.25M1.5M2013201720212025Typical sale price by year: 2013 AED 1,004,165; 2014 AED 1,102,165; 2015 AED 1,300,000; 2016 AED 1,200,000; 2022 AED 980,000; 2023 AED 1,050,000; 2024 AED 1,265,000; 2025 AED 1,440,000; 2026 AED 1,335,000Sold by developer, October 2013: AED 1,050,850 (AED 806 per sqft)Sold, January 2014: AED 1,208,477 (AED 927 per sqft)Sold, December 2014: AED 1,208,477 (AED 927 per sqft)

705 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 705, each contractTypical two-bed in Avenue Residence 1
50K100K2014201820222026Typical rent by year: 2014 AED 105,834; 2015 AED 105,000; 2016 AED 105,000; 2017 AED 90,000; 2018 AED 80,000; 2019 AED 73,000; 2020 AED 63,000; 2021 AED 58,000; 2022 AED 65,550; 2023 AED 74,000; 2024 AED 79,000; 2025 AED 90,000; 2026 AED 90,000New contract, April 2017: AED 85,000 a yearNew contract, August 2018: AED 75,000 a yearRenewal, August 2019: AED 70,000 a yearNew contract, January 2021: AED 50,000 a yearRenewal, January 2022: AED 55,000 a yearRenewal, January 2023: AED 63,250 a yearRenewal, January 2024: AED 75,000 a yearRenewal, January 2025: AED 78,750 a yearRenewal, January 2025: AED 78,750 a yearRenewal, January 2026: AED 82,000 a year

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 705 sits

All 69 2-beds →

705 last sold in December 2014 at AED 927 per sqft, 13% above what two-beds in Avenue Residence 1 were fetching at the time (AED 818). 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. 705's AED 82,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Oct 20261,170,000
8 Jun 20261,500,000
28 Jan 2026692,008
16 Jan 20261,500,000
4 2-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 7th floor

All 99 units in Avenue Residence 1
Value
7013-bedAED 1.66M · Oct 2014
7022-bedAED 969K · Oct 2014
7031-bedAED 710K · May 2023
7042-bedAED 500K · Sep 2022
7063-bedAED 1.29M · Oct 2014
7072-bedAED 800K · Feb 2019
7082-bedAED 1.01M · Oct 2014
1–7 of 9

705, Avenue Residence 1 in numbers

  • Sold 3 times: first on 19 October 2013 for AED 1,050,850, last on 8 December 2014 for AED 1,208,477 (AED 927 per sqft).
  • Rented since April 2017 on 10 Ejari contracts. The rent fell from AED 85,000 to AED 50,000 in 2021 and recovered to AED 82,000 by January 2026.
  • At AED 82,000 a year the gross yield on the 2014 price is 6.8%, before a service charge of about AED 17,000 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 23 January 2026.

Questions about 705, Avenue Residence 1

What did unit 705 last sell for?

AED 1,208,477 on 8 December 2014: AED 927 per sqft for 1,304 sqft. The unit has 3 registered sales; the first was AED 1,050,850 in October 2013.

What is the rent for unit 705?

AED 82,000 a year on the contract renewed on 23 January 2026. The previous contract, from January 2025, was AED 78,750; the unit has been rented since April 2017.

How big is unit 705?

1,304 sqft (121.1 sqm): a two-bedroom apartment on the 7th floor of a 10-storey tower completed in 2014.

What is unit 705 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 705, Avenue Residence 1

Starts from the last sale price (AED 1.21M, 8 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,208,477
Deposit, UAE resident (20%)
AED 241,695
Deposit, non-resident (40%)
AED 483,391
Monthly over 25 years at 3.7%
AED 4,944

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