2-bed · 1,102 sqftAvenue Residence 2, Al Furjan · 2nd floor · completed 2015

202, Avenue Residence 2

Sold prices and rental history: sold twice, last in May 2017, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 7 September 2019
Last soldAED 1.3M25 May 2017
Current rentAED 70K /yr7 September 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, Avenue Residence 2

What is 202 worth today?

Last sold for AED 1,300,000 in 2017

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7 Sep 2019RentedNew contract
AED 70,000/yr12 months · AED 64 per sqft
9 Aug 2017RentedNew contract
AED 85,000/yr12 months · AED 77 per sqft
25 May 2017SoldReady
AED 1,300,000AED 1,180 per sqft
28 Jul 2015Sold by developerOff-plan
AED 1,085,622AED 985 per sqft

Source: Dubai Land Department. Updated 7 September 2019.

Key facts

Type
2-bed apartment
Size
1,102 sqft
Floor
2nd of 10
Parking
G-28
Developer
Nabni Real Estate Development
Completed
2015
Service charge
AED 13,400 /yr
Last sold
AED 1.3M · May 2017

About 202, Avenue Residence 2

202 is a two-bedroom apartment of 1,102 sqft on the 2nd floor of Avenue Residence 2, a 10-storey tower in Al Furjan completed in 2015 by Nabni Real Estate Development. It last sold on 25 May 2017 for AED 1,300,000, or AED 1,180 per sqft, 64% above the AED 718 two-beds in the building were fetching at the time.

It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 7 September 2019, is AED 70,000 a year: a gross yield of 5.4% on the 2017 price, before the service charge of about AED 13,400 a year.

Sales and rents for 202 over time

Sales
Unit 202, 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, July 2015: AED 1,085,622 (AED 985 per sqft)Sold, May 2017: AED 1,300,000 (AED 1,180 per sqft)

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

Rents
Unit 202, each contractTypical two-bed in Avenue Residence 2
60K80K2017202020232026Typical 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, August 2017: AED 85,000 a yearNew contract, September 2019: AED 70,000 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 202 sits

All 53 2-beds →

202 last sold in May 2017 at AED 1,180 per sqft, 64% above what two-beds in Avenue Residence 2 were fetching at the time (AED 718). 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. 202's AED 70,000 is in the lower 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 2nd floor

All 95 units in Avenue Residence 2
Value
2013-bedAED 1.83M · Oct 2024
2031-bedAED 1.05M · May 2025
2042-bedAED 1M · Mar 2017
2052-bedAED 1.33M · Jul 2015
2062-bedAED 881K · Mar 2017
2071-bedAED 964K · Mar 2015
2081-bedAED 905K · Mar 2015
1–7 of 9

202, Avenue Residence 2 in numbers

  • Sold twice: first on 28 July 2015 for AED 1,085,622, last on 25 May 2017 for AED 1,300,000 (AED 1,180 per sqft).
  • Rented since August 2017 on 2 Ejari contracts, from AED 85,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2017 price is 5.4%, before a service charge of about AED 13,400 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 7 September 2019.

Questions about 202, Avenue Residence 2

What did unit 202 last sell for?

AED 1,300,000 on 25 May 2017: AED 1,180 per sqft for 1,102 sqft. The unit has 2 registered sales; the first was AED 1,085,622 in July 2015.

What is the rent for unit 202?

AED 70,000 a year on the contract signed on 7 September 2019. The previous contract, from August 2017, was AED 85,000.

How big is unit 202?

1,102 sqft (102.4 sqm): a two-bedroom apartment on the 2nd floor of a 10-storey tower completed in 2015.

What is unit 202 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 202, Avenue Residence 2

Starts from the last sale price (AED 1.3M, 25 May 2017). 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 →