3-bed · 2,717 sqftAvenue Residence 2, Al Furjan · 1st floor · completed 2015

101, Avenue Residence 2

Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 101 · DLD and Ejari recordsUpdated 20 August 2024
Last soldAED 1.8M3 July 2024
Current rentAED 106K /yr20 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 101, Avenue Residence 2

What is 101 worth today?

Last sold for AED 1,800,000 in 2024

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20 Aug 2024RentedNew contract
AED 106,342/yr11 months · AED 39 per sqft
3 Jul 2024SoldReady
AED 1,800,000AED 662 per sqft
21 Aug 2023RentedRenewal
AED 92,860/yr12 months · AED 34 per sqft
21 Aug 2022RentedRenewal
AED 88,200/yr12 months · AED 32 per sqft
21 Feb 2022RentedRenewal
AED 83,310/yr6 months · AED 31 per sqft
21 Aug 2021RentedRenewal
AED 84,690/yr6 months · AED 31 per sqft
21 Feb 2021RentedRenewal
AED 83,310/yr6 months · AED 31 per sqft
21 Feb 2020RentedNew contract
AED 84,000/yr12 months · AED 31 per sqft

Source: Dubai Land Department. Updated 20 August 2024.

Key facts

Type
3-bed apartment
Size
2,717 sqft
Floor
1st of 10
Parking
G-1, G-67
Developer
Nabni Real Estate Development
Completed
2015
Service charge
AED 33,100 /yr
Last sold
AED 1.8M · July 2024

About 101, Avenue Residence 2

101 is a three-bedroom apartment of 2,717 sqft on the 1st floor of Avenue Residence 2, a 10-storey tower in Al Furjan completed in 2015 by Nabni Real Estate Development. It last sold on 3 July 2024 for AED 1,800,000, or AED 662 per sqft.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, signed on 20 August 2024, is AED 106,342 a year: a gross yield of 5.9% on the 2024 price, before the service charge of about AED 33,100 a year.

Sales and rents for 101 over time

Sales
Unit 101, each saleTypical three-bed in Avenue Residence 2
1M1.5M2M2015201820212024Typical sale price by year: 2015 AED 1,873,211; 2016 AED 936,824; 2017 AED 1,800,000; 2022 AED 1,480,000; 2023 AED 1,465,000; 2024 AED 1,825,000Sold by developer, August 2017: AED 1,990,000 (AED 732 per sqft)Sold, July 2024: AED 1,800,000 (AED 662 per sqft)

101 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 101, each contractTypical three-bed in Avenue Residence 2
100K150K2017202020232026Typical rent by year: 2017 AED 127,500; 2018 AED 117,500; 2019 AED 98,750; 2020 AED 85,000; 2021 AED 85,000; 2022 AED 91,850; 2023 AED 110,000; 2024 AED 125,000; 2025 AED 150,000; 2026 AED 150,000New contract, February 2019: AED 84,000 a yearNew contract, February 2020: AED 84,000 a yearRenewal, February 2021: AED 83,310 a yearRenewal, August 2021: AED 84,690 a yearRenewal, February 2022: AED 83,310 a yearRenewal, August 2022: AED 88,200 a yearRenewal, August 2023: AED 92,860 a yearNew contract, August 2024: AED 106,342 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Avenue Residence 2, and where 101 sits

All 20 3-beds →

Over the last 12 months three-beds sold for AED 2,600,000, around AED 1,287 per sqft, and rent for AED 135,000 to 175,000 a year. 101's AED 106,342 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
27 Apr 20262,600,000
19 Feb 20252,050,000
23 Jan 20252,150,000
20 Dec 20242,050,000
1 3-bed sale in the last 12 months

Avenue Residence 2

Building

95 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%
Avenue Residence 2, Al Furjan: prices, sales and rents →

Other units on the 1st floor

All 95 units in Avenue Residence 2
Value
1022-bedAED 1.65M · May 2025
1031-bedAED 820K · Mar 2024
1042-bedAED 582K · Aug 2016
1052-bedAED 1.5M · Jun 2017
1062-bedAED 1.3M · Jul 2023
1071-bedAED 1M · Apr 2017
1081-bedAED 687K · Feb 2021
1–7 of 8

101, Avenue Residence 2 in numbers

  • Sold twice: first on 2 August 2017 for AED 1,990,000, last on 3 July 2024 for AED 1,800,000 (AED 662 per sqft).
  • Rented since February 2019 on 8 Ejari contracts, from AED 84,000 to AED 106,342 a year.
  • At AED 106,342 a year the gross yield on the 2024 price is 5.9%, before a service charge of about AED 33,100 a year (AED 12.18 per sqft).
  • Three-beds in Avenue Residence 2 sold for AED 2,600,000–2,600,000 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 20 August 2024.

Questions about 101, Avenue Residence 2

What did unit 101 last sell for?

AED 1,800,000 on 3 July 2024: AED 662 per sqft for 2,717 sqft. The unit has 2 registered sales; the first was AED 1,990,000 in August 2017.

What is the rent for unit 101?

AED 106,342 a year on the contract signed on 20 August 2024. The previous contract, from August 2023, was AED 92,860; the unit has been rented since February 2019.

How big is unit 101?

2,717 sqft (252.4 sqm): a three-bedroom apartment on the 1st floor of a 10-storey tower completed in 2015.

What is unit 101 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Avenue Residence 2 sold for AED 2,600,000 to 2,600,000 in the last 12 months, around AED 1,287 per sqft.

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Mortgage on 101, Avenue Residence 2

Starts from the last sale price (AED 1.8M, 3 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

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