1-bed · 1,130 sqftAvenue Residence 2, Al Furjan · 1st floor · completed 2015

108, Avenue Residence 2

Sold prices and rental history: sold twice, last in February 2021, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 108 · DLD and Ejari recordsUpdated 15 November 2024
Last soldAED 687K16 February 2021
Current rentAED 80K /yr15 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 108, Avenue Residence 2

What is 108 worth today?

Last sold for AED 687,000 in 2021

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15 Nov 2024RentedNew contract
AED 80,000/yr24 months · AED 71 per sqft
4 Nov 2023RentedNew contract
AED 78,000/yr12 months · AED 69 per sqft
16 Feb 2021SoldReady
AED 687,000AED 608 per sqft
16 Feb 2020RentedNew contract
AED 60,000/yr12 months · AED 53 per sqft
25 Apr 2017Sold by developerReady
AED 980,000AED 867 per sqft

Source: Dubai Land Department. Updated 15 November 2024.

Key facts

Type
1-bed apartment
Size
1,130 sqft
Floor
1st of 10
Parking
G-12
Developer
Nabni Real Estate Development
Completed
2015
Service charge
AED 13,800 /yr
Last sold
AED 687K · February 2021

About 108, Avenue Residence 2

108 is a one-bedroom apartment of 1,130 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 16 February 2021 for AED 687,000, or AED 608 per sqft.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 15 November 2024, is AED 80,000 a year: a gross yield of 11.6% on the 2021 price, before the service charge of about AED 13,800 a year.

Sales and rents for 108 over time

Sales
Unit 108, 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, April 2017: AED 980,000 (AED 867 per sqft)Sold, February 2021: AED 687,000 (AED 608 per sqft)

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

Rents
Unit 108, 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, February 2020: AED 60,000 a yearNew contract, November 2023: AED 78,000 a yearNew contract, November 2024: AED 80,000 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 108 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. 108's AED 80,000 is at the top 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
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
1–7 of 8

108, Avenue Residence 2 in numbers

  • Sold twice: first on 25 April 2017 for AED 980,000, last on 16 February 2021 for AED 687,000 (AED 608 per sqft).
  • Rented since February 2020 on 3 Ejari contracts, from AED 60,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2021 price is 11.6%, before a service charge of about AED 13,800 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 15 November 2024.

Questions about 108, Avenue Residence 2

What did unit 108 last sell for?

AED 687,000 on 16 February 2021: AED 608 per sqft for 1,130 sqft. The unit has 2 registered sales; the first was AED 980,000 in April 2017.

What is the rent for unit 108?

AED 80,000 a year on the contract signed on 15 November 2024. The previous contract, from November 2023, was AED 78,000; the unit has been rented since February 2020.

How big is unit 108?

1,130 sqft (105.0 sqm): a one-bedroom apartment on the 1st floor of a 10-storey tower completed in 2015.

What is unit 108 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 108, Avenue Residence 2

Starts from the last sale price (AED 687K, 16 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 687,000
Deposit, UAE resident (20%)
AED 137,400
Deposit, non-resident (40%)
AED 274,800
Monthly over 25 years at 3.7%
AED 2,811

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