1-bed · 881 sqftAvenue Residence 2, Al Furjan · 2nd floor · completed 2015

208, Avenue Residence 2

Sold prices and rental history: sold once, by the developer in March 2015, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 208 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 905K25 March 2015
Current rentAED 60K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 208, Avenue Residence 2

What is 208 worth today?

Last sold for AED 905,310 in 2015

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1 Aug 2024RentedNew contract
AED 60,000/yr12 months · AED 68 per sqft
25 Jan 2024RentedRenewal
AED 47,000/yr12 months · AED 53 per sqft
25 Jan 2023RentedNew contract
AED 47,000/yr12 months · AED 53 per sqft
13 Nov 2021RentedNew contract
AED 44,000/yr12 months · AED 50 per sqft
2 Nov 2020RentedNew contract
AED 44,000/yr12 months · AED 50 per sqft
25 Mar 2015Sold by developerOff-plan
AED 905,310AED 1,027 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
1-bed apartment
Size
881 sqft
Floor
2nd of 10
Parking
G-36
Developer
Nabni Real Estate Development
Completed
2015
Service charge
AED 10,700 /yr
Last sold
AED 905K · March 2015

About 208, Avenue Residence 2

208 is a one-bedroom apartment of 881 sqft on the 2nd floor of Avenue Residence 2, a 10-storey tower in Al Furjan completed in 2015 by Nabni Real Estate Development. The developer sold it on 25 March 2015 for AED 905,310, or AED 1,027 per sqft, in line with the AED 1,047 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 1 August 2024, is AED 60,000 a year: a gross yield of 6.6% on the 2015 price, before the service charge of about AED 10,700 a year.

Sales and rents for 208 over time

Sales
Unit 208, 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, March 2015: AED 905,310 (AED 1,027 per sqft)

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

Rents
Unit 208, 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, November 2020: AED 44,000 a yearNew contract, November 2021: AED 44,000 a yearNew contract, January 2023: AED 47,000 a yearRenewal, January 2024: AED 47,000 a yearNew contract, August 2024: AED 60,000 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 208 sits

All 22 1-beds →

208 last sold in March 2015 at AED 1,027 per sqft, in line with what one-beds in Avenue Residence 2 were fetching at the time (AED 1,047). 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. 208's AED 60,000 is at the bottom 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 2nd floor

All 95 units in Avenue Residence 2
Value
2013-bedAED 1.83M · Oct 2024
2022-bedAED 1.3M · May 2017
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
1–7 of 9

208, Avenue Residence 2 in numbers

  • Sold once: by Nabni Real Estate Development on 25 March 2015 for AED 905,310, or AED 1,027 per sqft.
  • Rented since November 2020 on 5 Ejari contracts, from AED 44,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2015 price is 6.6%, before a service charge of about AED 10,700 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 August 2024.

Questions about 208, Avenue Residence 2

What did unit 208 last sell for?

AED 905,310 on 25 March 2015, sold by the developer: AED 1,027 per sqft for 881 sqft. It is the only registered sale of the unit.

What is the rent for unit 208?

AED 60,000 a year on the contract signed on 1 August 2024. The previous contract, from January 2024, was AED 47,000; the unit has been rented since November 2020.

How big is unit 208?

881 sqft (81.8 sqm): a one-bedroom apartment on the 2nd floor of a 10-storey tower completed in 2015.

What is unit 208 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 208, Avenue Residence 2

Starts from the last sale price (AED 905K, 25 March 2015). Switch to today's estimate once you have unlocked it.
Price
AED 905,310
Deposit, UAE resident (20%)
AED 181,062
Deposit, non-resident (40%)
AED 362,124
Monthly over 25 years at 3.7%
AED 3,704

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