708, Avenue Residence 1
Sold prices and rental history: sold twice, last in October 2014, 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 708, Avenue Residence 1
What is 708 worth today?
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Source: Dubai Land Department. Updated 25 June 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,297 sqft
- Floor
- 7th of 10
- Parking
- P-33
- Developer
- Nabni Real Estate Development
- Completed
- 2014
- Service charge
- AED 16,900 /yr
- Last sold
- AED 1.01M · October 2014
- Building
- Avenue Residence 1
About 708, Avenue Residence 1
708 is a two-bedroom apartment of 1,297 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 20 October 2014 for AED 1,006,314, or AED 776 per sqft, in line with the AED 799 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 25 June 2026, is AED 85,000 a year: a gross yield of 8.5% on the 2014 price, before the service charge of about AED 16,900 a year.
Sales and rents for 708 over time
708 has sold twice; 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 708 sits
All 69 2-beds →708 last sold in October 2014 at AED 776 per sqft, in line with what two-beds in Avenue Residence 1 were fetching at the time (AED 799). 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. 708's AED 85,000 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 7th floor
All 99 units in Avenue Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 3-bed | 1,929 sqft | AED 1.66MAED 1,664,984 · Oct 2014October 2014 | 80,000 /yr | |
| 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 | |
| 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 |
708, Avenue Residence 1 in numbers
- Sold twice: first on 29 September 2013 for AED 1,006,314, last on 20 October 2014 for AED 1,006,314 (AED 776 per sqft).
- Rented since January 2015 on 12 Ejari contracts. The rent fell from AED 102,000 to AED 55,000 in 2021 and recovered to AED 85,000 by June 2026.
- At AED 85,000 a year the gross yield on the 2014 price is 8.5%, before a service charge of about AED 16,900 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 25 June 2026.
Questions about 708, Avenue Residence 1
What did unit 708 last sell for?
AED 1,006,314 on 20 October 2014: AED 776 per sqft for 1,297 sqft. The unit has 2 registered sales; the first was AED 1,006,314 in September 2013.
What is the rent for unit 708?
AED 85,000 a year on the contract renewed on 25 June 2026. The previous contract, from December 2025, was AED 85,000; the unit has been rented since January 2015.
How big is unit 708?
1,297 sqft (120.5 sqm): a two-bedroom apartment on the 7th floor of a 10-storey tower completed in 2014.
What is unit 708 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 708, Avenue Residence 1
Starts from the last sale price (AED 1.01M, 20 October 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,006,314
- Deposit, UAE resident (20%)
- AED 201,263
- Deposit, non-resident (40%)
- AED 402,526
- Monthly over 25 years at 3.7%
- AED 4,117
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →