109, Avenue Residence 2
Sold prices and rental history: sold twice, last in December 2024, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 109, Avenue Residence 2
What is 109 worth today?
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Source: Dubai Land Department. Updated 16 December 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 3,480 sqft
- Floor
- 1st of 10
- Parking
- G-13, G-14
- Developer
- Nabni Real Estate Development
- Completed
- 2015
- Service charge
- AED 42,400 /yr
- Last sold
- AED 2.3M · December 2024
- Building
- Avenue Residence 2
About 109, Avenue Residence 2
109 is a three-bedroom apartment of 3,480 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 December 2024 for AED 2,300,000, or AED 660 per sqft, 15% below the AED 775 three-beds in the building were fetching at the time.
It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 25 August 2020, is AED 85,000 a year: a gross yield of 3.7% on the 2024 price, before the service charge of about AED 42,400 a year.
Sales and rents for 109 over time
109 has sold twice; the dashed line is the three-bed median of each year in the building.
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 109 sits
All 20 3-beds →109 last sold in December 2024 at AED 660 per sqft, 15% below what three-beds in Avenue Residence 2 were fetching at the time (AED 775). 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. 109's AED 85,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Apr 202627 April 2026 | 2,019 sqft | 2,600,000 | 1,287 | ||
| 19 Feb 202519 February 2025 | 2,022 sqft | 2,050,000 | 1,014 | ||
| 23 Jan 202523 January 2025 | 2,019 sqft | 2,150,000 | 1,064 | ||
| 20 Dec 202420 December 2024 | 1,957 sqft | 2,050,000 | 1,047 |
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 1st floor
All 95 units in Avenue Residence 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 3-bed | 2,717 sqft | AED 1.8MAED 1,800,000 · Jul 2024July 2024 | 106,342 /yr | |
| 102 | 2-bed | 1,517 sqft | AED 1.65MAED 1,650,000 · May 2025May 2025 | 118,681 /yr | |
| 103 | 1-bed | 1,025 sqft | AED 820KAED 820,000 · Mar 2024March 2024 | 65,000 /yr | |
| 104 | 2-bed | 1,334 sqft | AED 582KAED 582,026 · Aug 2016August 2016 | 95,000 /yr | |
| 105 | 2-bed | 2,680 sqft | AED 1.5MAED 1,500,000 · Jun 2017June 2017 | 120,000 /yr | |
| 106 | 2-bed | 1,484 sqft | AED 1.3MAED 1,300,000 · Jul 2023July 2023 | 120,000 /yr | |
| 107 | 1-bed | 1,165 sqft | AED 1MAED 1,000,000 · Apr 2017April 2017 | 75,000 /yr | |
| 108 | 1-bed | 1,130 sqft | AED 687KAED 687,000 · Feb 2021February 2021 | 80,000 /yr |
109, Avenue Residence 2 in numbers
- Sold twice: first on 17 August 2016 for AED 841,266, last on 16 December 2024 for AED 2,300,000 (AED 660 per sqft).
- Rented since November 2017 on 3 Ejari contracts, from AED 125,000 to AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2024 price is 3.7%, before a service charge of about AED 42,400 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 16 December 2024.
Questions about 109, Avenue Residence 2
What did unit 109 last sell for?
AED 2,300,000 on 16 December 2024: AED 660 per sqft for 3,480 sqft. The unit has 2 registered sales; the first was AED 841,266 in August 2016.
What is the rent for unit 109?
AED 85,000 a year on the contract signed on 25 August 2020. The previous contract, from March 2019, was AED 105,000; the unit has been rented since November 2017.
How big is unit 109?
3,480 sqft (323.3 sqm): a three-bedroom apartment on the 1st floor of a 10-storey tower completed in 2015.
What is unit 109 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 109, Avenue Residence 2
Starts from the last sale price (AED 2.3M, 16 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,300,000
- Deposit, UAE resident (20%)
- AED 460,000
- Deposit, non-resident (40%)
- AED 920,000
- Monthly over 25 years at 3.7%
- AED 9,410
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →