2-bed · 1,397 sqftAvenue Residence 2, Al Furjan · 3rd floor · completed 2015

304, Avenue Residence 2

Sold prices and rental history: sold twice, last in June 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 7 June 2022
Last soldAED 1.15M7 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Avenue Residence 2

What is 304 worth today?

Last sold for AED 1,150,000 in 2022

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7 Jun 2022SoldReady
AED 1,150,000AED 823 per sqft
28 Feb 2017Sold by developerReady
AED 1,323,361AED 947 per sqft

Source: Dubai Land Department. Updated 7 June 2022.

Key facts

Type
2-bed apartment
Size
1,397 sqft
Floor
3rd of 10
Parking
G-53
Developer
Nabni Real Estate Development
Completed
2015
Service charge
AED 17,000 /yr
Last sold
AED 1.15M · June 2022

About 304, Avenue Residence 2

304 is a two-bedroom apartment of 1,397 sqft on the 3rd floor of Avenue Residence 2, a 10-storey tower in Al Furjan completed in 2015 by Nabni Real Estate Development. It last sold on 7 June 2022 for AED 1,150,000, or AED 823 per sqft, 4% above the AED 792 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 304 over time

Sales
Unit 304, 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, February 2017: AED 1,323,361 (AED 947 per sqft)Sold, June 2022: AED 1,150,000 (AED 823 per sqft)

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

Rents
Unit 304, 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 90,000

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 304 sits

All 53 2-beds →

304 last sold in June 2022 at AED 823 per sqft, 4% above what two-beds in Avenue Residence 2 were fetching at the time (AED 792). 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.

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 3rd floor

All 95 units in Avenue Residence 2
Value
3013-bedAED 1.85M · Sep 2017
3022-bedAED 1.08M · Oct 2016
3031-bedAED 820K · Mar 2017
3052-bedAED 1.55M · Dec 2025
3062-bedAED 1.28M · Jan 2024
3071-bedAED 886K · Jun 2015
3081-bedAED 860K · Jan 2015
1–7 of 9

304, Avenue Residence 2 in numbers

  • Sold twice: first on 28 February 2017 for AED 1,323,361, last on 7 June 2022 for AED 1,150,000 (AED 823 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 June 2022.

Questions about 304, Avenue Residence 2

What did unit 304 last sell for?

AED 1,150,000 on 7 June 2022: AED 823 per sqft for 1,397 sqft. The unit has 2 registered sales; the first was AED 1,323,361 in February 2017.

How big is unit 304?

1,397 sqft (129.8 sqm): a two-bedroom apartment on the 3rd floor of a 10-storey tower completed in 2015.

What is unit 304 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 304, Avenue Residence 2

Starts from the last sale price (AED 1.15M, 7 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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