2-bed · 1,191 sqftAvenue Residence 1, Al Furjan · 9th floor · completed 2014

902, Avenue Residence 1

Sold prices and rental history: sold 5 times, last in September 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 902 · DLD and Ejari recordsUpdated 20 October 2024
Last soldAED 1.05M5 September 2023
Current rentAED 92K /yr20 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 902, Avenue Residence 1

What is 902 worth today?

Last sold for AED 1,050,000 in 2023

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20 Oct 2024RentedRenewal
AED 92,000/yr12 months · AED 77 per sqft
20 Oct 2023RentedNew contract
AED 92,000/yr12 months · AED 77 per sqft
5 Sep 2023SoldReady
AED 1,050,000AED 881 per sqft
21 Feb 2023SoldReady
AED 890,000AED 747 per sqft
27 Jun 2022RentedNew contract
AED 70,000/yr12 months · AED 59 per sqft
27 Jun 2021RentedRenewal
AED 70,000/yr12 months · AED 59 per sqft
27 Jun 2020RentedRenewal
AED 70,000/yr12 months · AED 59 per sqft
27 Jun 2019RentedRenewal
AED 75,000/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 20 October 2024.

Key facts

Type
2-bed apartment
Size
1,191 sqft
Floor
9th of 10
Parking
P-56
Developer
Nabni Real Estate Development
Completed
2014
Service charge
AED 15,500 /yr
Last sold
AED 1.05M · September 2023

About 902, Avenue Residence 1

902 is a two-bedroom apartment of 1,191 sqft on the 9th 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 September 2023 for AED 1,050,000, or AED 881 per sqft, 18% above the AED 747 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 20 October 2024, is AED 92,000 a year: a gross yield of 8.8% on the 2023 price, before the service charge of about AED 15,500 a year.

Sales and rents for 902 over time

Sales
Unit 902, each saleTypical two-bed in Avenue Residence 1
1M1.5M2013201720212025Typical 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 1,001,285 (AED 840 per sqft)Sold, April 2014: AED 1,226,575 (AED 1,029 per sqft)Sold, May 2015: AED 657,500 (AED 551 per sqft)Sold, February 2023: AED 890,000 (AED 747 per sqft)Sold, September 2023: AED 1,050,000 (AED 881 per sqft)

902 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 902, 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 90,000New contract, June 2015: AED 110,000 a yearNew contract, June 2016: AED 110,000 a yearRenewal, June 2017: AED 94,000 a yearRenewal, June 2018: AED 87,000 a yearRenewal, June 2019: AED 75,000 a yearRenewal, June 2020: AED 70,000 a yearRenewal, June 2021: AED 70,000 a yearNew contract, June 2022: AED 70,000 a yearNew contract, October 2023: AED 92,000 a yearRenewal, October 2024: AED 92,000 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 902 sits

All 69 2-beds →

902 last sold in September 2023 at AED 881 per sqft, 18% above what two-beds in Avenue Residence 1 were fetching at the time (AED 747). 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. 902's AED 92,000 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 9th floor

All 99 units in Avenue Residence 1
Value
9013-bedAED 2.35M · Apr 2025
9031-bedAED 950K · Nov 2014
9042-bedAED 1.5M · Jan 2026
9052-bedAED 1.27M · Jul 2024
9063-bedAED 1.46M · Mar 2015
9072-bedAED 1.55M · Jun 2025
9082-bedAED 1.04M · Oct 2014
1–7 of 9

902, Avenue Residence 1 in numbers

  • Sold 5 times: first on 5 October 2013 for AED 1,001,285, last on 5 September 2023 for AED 1,050,000 (AED 881 per sqft).
  • Rented since June 2015 on 10 Ejari contracts. The rent fell from AED 110,000 to AED 70,000 in 2022 and recovered to AED 92,000 by October 2024.
  • At AED 92,000 a year the gross yield on the 2023 price is 8.8%, before a service charge of about AED 15,500 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 20 October 2024.

Questions about 902, Avenue Residence 1

What did unit 902 last sell for?

AED 1,050,000 on 5 September 2023: AED 881 per sqft for 1,191 sqft. The unit has 5 registered sales; the first was AED 1,001,285 in October 2013.

What is the rent for unit 902?

AED 92,000 a year on the contract renewed on 20 October 2024. The previous contract, from October 2023, was AED 92,000; the unit has been rented since June 2015.

How big is unit 902?

1,191 sqft (110.6 sqm): a two-bedroom apartment on the 9th floor of a 10-storey tower completed in 2014.

What is unit 902 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 902, Avenue Residence 1

Starts from the last sale price (AED 1.05M, 5 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

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