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2-bed · 1,537 sqftAvenue Residence 1, Al Furjan · 8th floor · completed 2014

809, Avenue Residence 1

Sold prices and rental history: sold 4 times, last in January 2020, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 809 · DLD and Ejari recordsUpdated 14 January 2020
Last soldAED 1.25M14 January 2020
Current rentAED 54K /yr2 April 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 809, Avenue Residence 1

What is 809 worth today?

Last sold for AED 1,250,000 in 2020

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14 Jan 2020SoldReady
AED 1,250,000AED 813 per sqft
2 Apr 2019RentedRenewal
AED 54,000/yr24 months · AED 35 per sqft
2 Apr 2017RentedRenewal
AED 71,250/yr24 months · AED 46 per sqft
6 Nov 2014SoldReady
AED 1,496,416AED 973 per sqft
12 Aug 2014SoldOff-plan
AED 1,496,416AED 973 per sqft
15 Sep 2013Sold by developerOff-plan
AED 1,255,059AED 816 per sqft

Source: Dubai Land Department. Updated 14 January 2020.

Key facts

Type
2-bed apartment
Size
1,537 sqft
Floor
8th of 10
Parking
P-51, P-52
Developer
Nabni Real Estate Development
Completed
2014
Service charge
AED 20,100 /yr
Last sold
AED 1.25M · January 2020
Building
Avenue Residence 1

About 809, Avenue Residence 1

809 is a two-bedroom apartment of 1,537 sqft on the 8th floor of Avenue Residence 1, a 10-storey tower in Al Furjan completed in 2014 by Nabni Real Estate Development. It last sold on 14 January 2020 for AED 1,250,000, or AED 813 per sqft.

It has been rented since 2017 on 2 Ejari contracts. The current contract, renewed on 2 April 2019, is AED 54,000 a year: a gross yield of 4.3% on the 2020 price, before the service charge of about AED 20,100 a year.

Sales and rents for 809 over time

Sales
Unit 809, 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, September 2013: AED 1,255,059 (AED 816 per sqft)Sold, August 2014: AED 1,496,416 (AED 973 per sqft)Sold, November 2014: AED 1,496,416 (AED 973 per sqft)Sold, January 2020: AED 1,250,000 (AED 813 per sqft)

809 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 809, each contractTypical two-bed in Avenue Residence 1
50K75K100K2014201820222026Typical 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 90,000Renewal, April 2017: AED 71,250 a yearRenewal, April 2019: AED 54,000 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 809 sits

All 69 2-beds →

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. 809's AED 54,000 is at the bottom 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 8th floor

All 99 units in Avenue Residence 1
Value
8013-bedAED 1.77M · Sep 2023
8022-bedAED 995K · Dec 2014
8031-bedAED 860K · Oct 2014
8042-bedAED 1.25M · Nov 2023
8052-bedAED 1.44M · Oct 2025
8063-bedAED 1.32M · Nov 2014
8072-bedAED 670K · Mar 2015
1–7 of 9

809, Avenue Residence 1 in numbers

  • Sold 4 times: first on 15 September 2013 for AED 1,255,059, last on 14 January 2020 for AED 1,250,000 (AED 813 per sqft).
  • Rented since April 2017 on 2 Ejari contracts, from AED 71,250 to AED 54,000 a year.
  • At AED 54,000 a year the gross yield on the 2020 price is 4.3%, before a service charge of about AED 20,100 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 14 January 2020.

Questions about 809, Avenue Residence 1

What did unit 809 last sell for?

AED 1,250,000 on 14 January 2020: AED 813 per sqft for 1,537 sqft. The unit has 4 registered sales; the first was AED 1,255,059 in September 2013.

What is the rent for unit 809?

AED 54,000 a year on the contract renewed on 2 April 2019. The previous contract, from April 2017, was AED 71,250.

How big is unit 809?

1,537 sqft (142.8 sqm): a two-bedroom apartment on the 8th floor of a 10-storey tower completed in 2014.

What is unit 809 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 809, Avenue Residence 1

Starts from the last sale price (AED 1.25M, 14 January 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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