1-bed · 1,025 sqftAvenue Residence 2, Al Furjan · 1st floor · completed 2015

103, Avenue Residence 2

Sold prices and rental history: sold twice, last in March 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103 · DLD and Ejari recordsUpdated 1 March 2024
Last soldAED 820K1 March 2024
Current rentAED 65K /yr1 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103, Avenue Residence 2

What is 103 worth today?

Last sold for AED 820,000 in 2024

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1 Mar 2024SoldReady
AED 820,000AED 799 per sqft
1 Oct 2023RentedRenewal
AED 65,000/yr12 months · AED 64 per sqft
1 Oct 2022RentedNew contract
AED 60,000/yr12 months · AED 59 per sqft
25 May 2016Sold by developerOff-plan
AED 818,929AED 1,132 per sqft

Source: Dubai Land Department. Updated 1 March 2024.

Key facts

Type
1-bed apartment
Size
1,025 sqft
Floor
1st of 10
Parking
G-4
Developer
Nabni Real Estate Development
Completed
2015
Service charge
AED 12,500 /yr
Last sold
AED 820K · March 2024

About 103, Avenue Residence 2

103 is a one-bedroom apartment of 1,025 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 1 March 2024 for AED 820,000, or AED 799 per sqft.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 1 October 2023, is AED 65,000 a year: a gross yield of 7.9% on the 2024 price, before the service charge of about AED 12,500 a year.

Sales and rents for 103 over time

Sales
Unit 103, each saleTypical one-bed in Avenue Residence 2
750K1M1.25M20152018202120242027Typical sale price by year: 2015 AED 895,865; 2016 AED 817,965; 2017 AED 920,000; 2023 AED 670,000; 2024 AED 970,000; 2026 AED 1,170,000Sold by developer, May 2016: AED 818,929 (AED 1,132 per sqft)Sold, March 2024: AED 820,000 (AED 799 per sqft)

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

Rents
Unit 103, each contractTypical one-bed in Avenue Residence 2
40K60K80K2017202020232026Typical rent by year: 2017 AED 74,500; 2018 AED 66,000; 2019 AED 57,000; 2020 AED 48,730; 2021 AED 43,500; 2022 AED 49,500; 2023 AED 53,550; 2024 AED 60,500; 2025 AED 71,500; 2026 AED 68,250New contract, October 2022: AED 60,000 a yearRenewal, October 2023: AED 65,000 a year

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

1-beds in Avenue Residence 2, and where 103 sits

All 22 1-beds →

Over the last 12 months one-beds sold for AED 1,030,000 to 1,300,000, around AED 1,327 per sqft, and rent for AED 60,000 to 78,000 a year. 103's AED 65,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
30 Apr 20261,170,000
2 Feb 20261,300,000
20 Jan 20261,030,000
15 May 20251,050,000
3 1-bed sales 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
1013-bedAED 1.8M · Jul 2024
1022-bedAED 1.65M · May 2025
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

103, Avenue Residence 2 in numbers

  • Sold twice: first on 25 May 2016 for AED 818,929, last on 1 March 2024 for AED 820,000 (AED 799 per sqft).
  • Rented since October 2022 on 2 Ejari contracts, from AED 60,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2024 price is 7.9%, before a service charge of about AED 12,500 a year (AED 12.18 per sqft).
  • One-beds in Avenue Residence 2 sold for AED 1,030,000–1,300,000 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 1 March 2024.

Questions about 103, Avenue Residence 2

What did unit 103 last sell for?

AED 820,000 on 1 March 2024: AED 799 per sqft for 1,025 sqft. The unit has 2 registered sales; the first was AED 818,929 in May 2016.

What is the rent for unit 103?

AED 65,000 a year on the contract renewed on 1 October 2023. The previous contract, from October 2022, was AED 60,000.

How big is unit 103?

1,025 sqft (95.2 sqm): a one-bedroom apartment on the 1st floor of a 10-storey tower completed in 2015.

What is unit 103 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Avenue Residence 2 sold for AED 1,030,000 to 1,300,000 in the last 12 months, around AED 1,327 per sqft.

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Mortgage on 103, Avenue Residence 2

Starts from the last sale price (AED 820K, 1 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 820,000
Deposit, UAE resident (20%)
AED 164,000
Deposit, non-resident (40%)
AED 328,000
Monthly over 25 years at 3.7%
AED 3,355

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