301, Avenue Residence 2
Sold prices and rental history: sold once, by the developer in September 2017, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 301, Avenue Residence 2
What is 301 worth today?
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Source: Dubai Land Department. Updated 25 April 2019.
Key facts
- Type
- 3-bed apartment
- Size
- 1,955 sqft
- Floor
- 3rd of 10
- Parking
- G-49, G-50
- Developer
- Nabni Real Estate Development
- Completed
- 2015
- Service charge
- AED 23,800 /yr
- Last sold
- AED 1.85M · September 2017
- Building
- Avenue Residence 2
About 301, Avenue Residence 2
301 is a three-bedroom apartment of 1,955 sqft on the 3rd 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 13 September 2017 for AED 1,850,000, or AED 946 per sqft, 8% above the AED 874 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 April 2019, is AED 112,000 a year: a gross yield of 6.0% on the 2017 price, before the service charge of about AED 23,800 a year.
Sales and rents for 301 over time
301 has sold once; 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 301 sits
All 20 3-beds →301 last sold in September 2017 at AED 946 per sqft, 8% above what three-beds in Avenue Residence 2 were fetching at the time (AED 874). 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. 301's AED 112,000 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 3rd floor
All 95 units in Avenue Residence 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 302 | 2-bed | 1,102 sqft | AED 1.08MAED 1,075,000 · Oct 2016October 2016 | 95,000 /yr | |
| 303 | 1-bed | 833 sqft | AED 820KAED 820,250 · Mar 2017March 2017 | 74,000 /yr | |
| 304 | 2-bed | 1,397 sqft | AED 1.15MAED 1,150,000 · Jun 2022June 2022 | ||
| 305 | 2-bed | 1,324 sqft | AED 1.55MAED 1,550,000 · Dec 2025December 2025 | 73,500 /yr | |
| 306 | 2-bed | 1,228 sqft | AED 1.28MAED 1,280,000 · Jan 2024January 2024 | ||
| 307 | 1-bed | 935 sqft | AED 886KAED 886,420 · Jun 2015June 2015 | 65,000 /yr | |
| 308 | 1-bed | 881 sqft | AED 860KAED 860,045 · Jan 2015January 2015 | 60,000 /yr | |
| 309 | 3-bed | 2,015 sqft | AED 1.46MAED 1,460,000 · Feb 2023February 2023 | 98,000 /yr | |
| 310 | 2-bed | 1,142 sqft | AED 1.15MAED 1,145,453 · Jan 2015January 2015 | 85,050 /yr |
301, Avenue Residence 2 in numbers
- Sold once: by Nabni Real Estate Development on 13 September 2017 for AED 1,850,000, or AED 946 per sqft.
- Rented since October 2017 on 3 Ejari contracts, from AED 125,000 to AED 112,000 a year.
- At AED 112,000 a year the gross yield on the 2017 price is 6.0%, before a service charge of about AED 23,800 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 25 April 2019.
Questions about 301, Avenue Residence 2
What did unit 301 last sell for?
AED 1,850,000 on 13 September 2017, sold by the developer: AED 946 per sqft for 1,955 sqft. It is the only registered sale of the unit.
What is the rent for unit 301?
AED 112,000 a year on the contract signed on 25 April 2019. The previous contract, from August 2018, was AED 115,000; the unit has been rented since October 2017.
How big is unit 301?
1,955 sqft (181.6 sqm): a three-bedroom apartment on the 3rd floor of a 10-storey tower completed in 2015.
What is unit 301 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 301, Avenue Residence 2
Starts from the last sale price (AED 1.85M, 13 September 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,850,000
- Deposit, UAE resident (20%)
- AED 370,000
- Deposit, non-resident (40%)
- AED 740,000
- Monthly over 25 years at 3.7%
- AED 7,569
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →