1002, Avenue Residence 2
Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1002, Avenue Residence 2
What is 1002 worth today?
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Source: Dubai Land Department. Updated 25 December 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,104 sqft
- Floor
- 10th of 10
- Parking
- P-39
- Developer
- Nabni Real Estate Development
- Completed
- 2015
- Service charge
- AED 13,400 /yr
- Last sold
- AED 1.09M · October 2015
- Building
- Avenue Residence 2
About 1002, Avenue Residence 2
1002 is a two-bedroom apartment of 1,104 sqft on the 10th floor of Avenue Residence 2, a 10-storey tower in Al Furjan completed in 2015 by Nabni Real Estate Development. The developer sold it on 7 October 2015 for AED 1,085,622, or AED 983 per sqft, in line with the AED 983 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 25 December 2024, is AED 85,000 a year: a gross yield of 7.8% on the 2015 price, before the service charge of about AED 13,400 a year.
Sales and rents for 1002 over time
1002 has sold once; 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 2, and where 1002 sits
All 53 2-beds →1002 last sold in October 2015 at AED 983 per sqft, in line with what two-beds in Avenue Residence 2 were fetching at the time (AED 983). Over the last 12 months two-beds sold for AED 1,550,000, around AED 1,170 per sqft, and rent for AED 48,893 to 122,000 a year. 1002's AED 85,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Dec 202525 December 2025 | 1,324 sqft | 1,550,000 | 1,170 | ||
| 28 May 202528 May 2025 | 1,517 sqft | 1,650,000 | 1,087 | ||
| 3 Oct 20243 October 2024 | 1,397 sqft | 1,400,000 | 1,002 | ||
| 5 Jun 20245 June 2024 | 1,142 sqft | 1,200,000 | 1,051 |
Avenue Residence 2
Building95 apartments, 1-bed to 3-bed over 10 floors in Al Furjan, completed in 2015 by Nabni Real Estate Development. 5 sold in the last 12 months.
- Typical price per sqft
- AED 1,287
- Typical sale
- AED 1.3M
- Typical rent
- AED 89K /yr
- Typical yield
- 5.8%
Other units on the 10th floor
All 95 units in Avenue Residence 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 3-bed | 1,957 sqft | AED 1.48MAED 1,480,000 · Oct 2021October 2021 | 93,500 /yr | |
| 1003 | 1-bed | 835 sqft | AED 1.3MAED 1,300,000 · Feb 2026February 2026 | 85,000 /yr | |
| 1004 | 2-bed | 1,397 sqft | AED 1MAED 1,001,462 · Mar 2017March 2017 | 80,483 /yr | |
| 1005 | 2-bed | 1,324 sqft | AED 952KAED 951,944 · Mar 2017March 2017 | 80,850 /yr | |
| 1006 | 2-bed | 1,227 sqft | AED 881KAED 881,279 · Mar 2017March 2017 | 70,000 /yr | |
| 1007 | 2-bed | 1,817 sqft | AED 841KAED 841,266 · Aug 2016August 2016 | 90,000 /yr | |
| 1008 | 3-bed | 2,019 sqft | AED 2.6MAED 2,600,000 · Apr 2026April 2026 | 95,000 /yr | |
| 1009 | 2-bed | 1,143 sqft | AED 844KAED 844,018 · Mar 2017March 2017 | 100,000 /yr |
1002, Avenue Residence 2 in numbers
- Sold once: by Nabni Real Estate Development on 7 October 2015 for AED 1,085,622, or AED 983 per sqft.
- Rented since August 2019 on 6 Ejari contracts. The rent fell from AED 72,000 to AED 55,000 in 2021 and recovered to AED 85,000 by December 2024.
- At AED 85,000 a year the gross yield on the 2015 price is 7.8%, before a service charge of about AED 13,400 a year (AED 12.18 per sqft).
- Two-beds in Avenue Residence 2 sold for AED 1,550,000–1,550,000 in the 12 months to November 2026; the building's median across all types is AED 1,287 per sqft.
Source: Dubai Land Department. Updated 25 December 2024.
Questions about 1002, Avenue Residence 2
What did unit 1002 last sell for?
AED 1,085,622 on 7 October 2015, sold by the developer: AED 983 per sqft for 1,104 sqft. It is the only registered sale of the unit.
What is the rent for unit 1002?
AED 85,000 a year on the contract renewed on 25 December 2024. The previous contract, from December 2023, was AED 90,000; the unit has been rented since August 2019.
How big is unit 1002?
1,104 sqft (102.6 sqm): a two-bedroom apartment on the 10th floor of a 10-storey tower completed in 2015.
What is unit 1002 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 2 sold for AED 1,550,000 to 1,550,000 in the last 12 months, around AED 1,170 per sqft.
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Mortgage on 1002, Avenue Residence 2
Starts from the last sale price (AED 1.09M, 7 October 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,085,622
- Deposit, UAE resident (20%)
- AED 217,124
- Deposit, non-resident (40%)
- AED 434,249
- Monthly over 25 years at 3.7%
- AED 4,442
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →