2-bed · 1,484 sqftAvenue Residence 2, Al Furjan · 1st floor · completed 2015

106, Avenue Residence 2

Sold prices and rental history: sold twice, last in July 2023, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 106 · DLD and Ejari recordsUpdated 21 November 2024
Last soldAED 1.3M13 July 2023
Current rentAED 120K /yr21 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, Avenue Residence 2

What is 106 worth today?

Last sold for AED 1,300,000 in 2023

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21 Nov 2024RentedRenewal
AED 120,000/yr12 months · AED 81 per sqft
21 Nov 2023RentedNew contract
AED 118,000/yr12 months · AED 80 per sqft
13 Jul 2023SoldReady
AED 1,300,000AED 876 per sqft
20 Nov 2022RentedNew contract
AED 105,000/yr12 months · AED 71 per sqft
11 Apr 2016Sold by developerOff-plan
AED 1,175,000AED 1,042 per sqft

Source: Dubai Land Department. Updated 21 November 2024.

Key facts

Type
2-bed apartment
Size
1,484 sqft
Floor
1st of 10
Parking
P-41, P-42
Developer
Nabni Real Estate Development
Completed
2015
Service charge
AED 18,100 /yr
Last sold
AED 1.3M · July 2023

About 106, Avenue Residence 2

106 is a two-bedroom apartment of 1,484 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 13 July 2023 for AED 1,300,000, or AED 876 per sqft.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 21 November 2024, is AED 120,000 a year: a gross yield of 9.2% on the 2023 price, before the service charge of about AED 18,100 a year.

Sales and rents for 106 over time

Sales
Unit 106, each saleTypical two-bed in Avenue Residence 2
1.2M2015201820212024Typical sale price by year: 2015 AED 1,145,500; 2016 AED 1,075,000; 2017 AED 1,105,453; 2022 AED 1,070,000; 2023 AED 1,285,000; 2024 AED 1,280,000Sold by developer, April 2016: AED 1,175,000 (AED 1,042 per sqft)Sold, July 2023: AED 1,300,000 (AED 876 per sqft)

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

Rents
Unit 106, each contractTypical two-bed in Avenue Residence 2
50K100K2017202020232026Typical rent by year: 2017 AED 90,000; 2018 AED 85,000; 2019 AED 75,000; 2020 AED 65,000; 2021 AED 60,000; 2022 AED 70,000; 2023 AED 76,250; 2024 AED 85,000; 2025 AED 93,500; 2026 AED 90,000New contract, November 2022: AED 105,000 a yearNew contract, November 2023: AED 118,000 a yearRenewal, November 2024: AED 120,000 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 2, and where 106 sits

All 53 2-beds →

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. 106's AED 120,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
25 Dec 20251,550,000
28 May 20251,650,000
3 Oct 20241,400,000
5 Jun 20241,200,000
1 2-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
1013-bedAED 1.8M · Jul 2024
1022-bedAED 1.65M · May 2025
1031-bedAED 820K · Mar 2024
1042-bedAED 582K · Aug 2016
1052-bedAED 1.5M · Jun 2017
1071-bedAED 1M · Apr 2017
1081-bedAED 687K · Feb 2021
1–7 of 8

106, Avenue Residence 2 in numbers

  • Sold twice: first on 11 April 2016 for AED 1,175,000, last on 13 July 2023 for AED 1,300,000 (AED 876 per sqft).
  • Rented since November 2022 on 3 Ejari contracts, from AED 105,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2023 price is 9.2%, before a service charge of about AED 18,100 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 21 November 2024.

Questions about 106, Avenue Residence 2

What did unit 106 last sell for?

AED 1,300,000 on 13 July 2023: AED 876 per sqft for 1,484 sqft. The unit has 2 registered sales; the first was AED 1,175,000 in April 2016.

What is the rent for unit 106?

AED 120,000 a year on the contract renewed on 21 November 2024. The previous contract, from November 2023, was AED 118,000; the unit has been rented since November 2022.

How big is unit 106?

1,484 sqft (137.9 sqm): a two-bedroom apartment on the 1st floor of a 10-storey tower completed in 2015.

What is unit 106 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 106, Avenue Residence 2

Starts from the last sale price (AED 1.3M, 13 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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