3-bed · 2,015 sqftAvenue Residence 2, Al Furjan · 2nd floor · completed 2015

209, Avenue Residence 2

Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 209 · DLD and Ejari recordsUpdated 16 September 2024
Last soldAED 1.79M26 July 2024
Current rentAED 140K /yr16 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 209, Avenue Residence 2

What is 209 worth today?

Last sold for AED 1,790,001 in 2024

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16 Sep 2024RentedRenewal
AED 140,000/yr11 months · AED 70 per sqft
26 Jul 2024SoldReady
AED 1,790,001AED 888 per sqft
16 Sep 2023RentedNew contract
AED 140,000/yr12 months · AED 70 per sqft
5 Aug 2022RentedNew contract
AED 100,000/yr12 months · AED 50 per sqft
25 Jan 2021RentedNew contract
AED 80,000/yr12 months · AED 40 per sqft
20 Mar 2019RentedNew contract
AED 97,500/yr12 months · AED 48 per sqft
2 Oct 2017RentedNew contract
AED 120,000/yr12 months · AED 60 per sqft
17 Aug 2016Sold by developerOff-plan
AED 936,824AED 464 per sqft

Source: Dubai Land Department. Updated 16 September 2024.

Key facts

Type
3-bed apartment
Size
2,015 sqft
Floor
2nd of 10
Parking
G-37, G-38
Developer
Nabni Real Estate Development
Completed
2015
Service charge
AED 24,500 /yr
Last sold
AED 1.79M · July 2024

About 209, Avenue Residence 2

209 is a three-bedroom apartment of 2,015 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 26 July 2024 for AED 1,790,001, or AED 888 per sqft.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 16 September 2024, is AED 140,000 a year: a gross yield of 7.8% on the 2024 price, before the service charge of about AED 24,500 a year.

Sales and rents for 209 over time

Sales
Unit 209, each saleTypical three-bed in Avenue Residence 2
1M1.5M2M2015201820212024Typical sale price by year: 2015 AED 1,873,211; 2016 AED 936,824; 2017 AED 1,800,000; 2022 AED 1,480,000; 2023 AED 1,465,000; 2024 AED 1,825,000Sold by developer, August 2016: AED 936,824 (AED 464 per sqft)Sold, July 2024: AED 1,790,001 (AED 888 per sqft)

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

Rents
Unit 209, each contractTypical three-bed in Avenue Residence 2
100K150K2017202020232026Typical rent by year: 2017 AED 127,500; 2018 AED 117,500; 2019 AED 98,750; 2020 AED 85,000; 2021 AED 85,000; 2022 AED 91,850; 2023 AED 110,000; 2024 AED 125,000; 2025 AED 150,000; 2026 AED 150,000New contract, October 2017: AED 120,000 a yearNew contract, March 2019: AED 97,500 a yearNew contract, January 2021: AED 80,000 a yearNew contract, August 2022: AED 100,000 a yearNew contract, September 2023: AED 140,000 a yearRenewal, September 2024: AED 140,000 a year

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 209 sits

All 20 3-beds →

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. 209's AED 140,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
27 Apr 20262,600,000
19 Feb 20252,050,000
23 Jan 20252,150,000
20 Dec 20242,050,000
1 3-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
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

209, Avenue Residence 2 in numbers

  • Sold twice: first on 17 August 2016 for AED 936,824, last on 26 July 2024 for AED 1,790,001 (AED 888 per sqft).
  • Rented since October 2017 on 6 Ejari contracts. The rent fell from AED 120,000 to AED 80,000 in 2021 and recovered to AED 140,000 by September 2024.
  • At AED 140,000 a year the gross yield on the 2024 price is 7.8%, before a service charge of about AED 24,500 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 September 2024.

Questions about 209, Avenue Residence 2

What did unit 209 last sell for?

AED 1,790,001 on 26 July 2024: AED 888 per sqft for 2,015 sqft. The unit has 2 registered sales; the first was AED 936,824 in August 2016.

What is the rent for unit 209?

AED 140,000 a year on the contract renewed on 16 September 2024. The previous contract, from September 2023, was AED 140,000; the unit has been rented since October 2017.

How big is unit 209?

2,015 sqft (187.2 sqm): a three-bedroom apartment on the 2nd floor of a 10-storey tower completed in 2015.

What is unit 209 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 209, Avenue Residence 2

Starts from the last sale price (AED 1.79M, 26 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,790,001
Deposit, UAE resident (20%)
AED 358,000
Deposit, non-resident (40%)
AED 716,000
Monthly over 25 years at 3.7%
AED 7,323

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