1007, Avenue Residence 2
Sold prices and rental history: sold once, by the developer in August 2016, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1007, Avenue Residence 2
What is 1007 worth today?
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Source: Dubai Land Department. Updated 8 August 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,817 sqft
- Floor
- 10th of 10
- Parking
- P-33, P-34
- Developer
- Nabni Real Estate Development
- Completed
- 2015
- Service charge
- AED 22,100 /yr
- Last sold
- AED 841K · August 2016
- Building
- Avenue Residence 2
About 1007, Avenue Residence 2
1007 is a two-bedroom apartment of 1,817 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 17 August 2016 for AED 841,266, or AED 462 per sqft, 47% below the AED 874 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, renewed on 8 August 2026, is AED 90,000 a year: a gross yield of 10.7% on the 2016 price, before the service charge of about AED 22,100 a year.
Sales and rents for 1007 over time
1007 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 1007 sits
All 53 2-beds →1007 last sold in August 2016 at AED 462 per sqft, 47% below what two-beds in Avenue Residence 2 were fetching at the time (AED 874). 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. 1007's AED 90,000 is in the upper 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 | |
| 1002 | 2-bed | 1,104 sqft | AED 1.09MAED 1,085,622 · Oct 2015October 2015 | 85,000 /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 | |
| 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 |
1007, Avenue Residence 2 in numbers
- Sold once: by Nabni Real Estate Development on 17 August 2016 for AED 841,266, or AED 462 per sqft.
- Rented since May 2017 on 9 Ejari contracts. The rent fell from AED 108,000 to AED 62,000 in 2020 and recovered to AED 90,000 by August 2026.
- At AED 90,000 a year the gross yield on the 2016 price is 10.7%, before a service charge of about AED 22,100 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 8 August 2026.
Questions about 1007, Avenue Residence 2
What did unit 1007 last sell for?
AED 841,266 on 17 August 2016, sold by the developer: AED 462 per sqft for 1,817 sqft. It is the only registered sale of the unit.
What is the rent for unit 1007?
AED 90,000 a year on the contract renewed on 8 August 2026. The previous contract, from August 2025, was AED 90,000; the unit has been rented since May 2017.
How big is unit 1007?
1,817 sqft (168.8 sqm): a two-bedroom apartment on the 10th floor of a 10-storey tower completed in 2015.
What is unit 1007 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 1007, Avenue Residence 2
Starts from the last sale price (AED 841K, 17 August 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 841,266
- Deposit, UAE resident (20%)
- AED 168,253
- Deposit, non-resident (40%)
- AED 336,506
- Monthly over 25 years at 3.7%
- AED 3,442
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →