2-bed · 1,228 sqftAvenue Residence 2, Al Furjan · 3rd floor · completed 2015

306, Avenue Residence 2

Sold prices and rental history: sold 3 times, last in January 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 30 January 2024
Last soldAED 1.28M30 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Avenue Residence 2

What is 306 worth today?

Last sold for AED 1,280,000 in 2024

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30 Jan 2024SoldReady
AED 1,280,000AED 1,042 per sqft
4 May 2017SoldReady
AED 1,250,000AED 1,017 per sqft
14 Jun 2015Sold by developerOff-plan
AED 1,183,432AED 963 per sqft

Source: Dubai Land Department. Updated 30 January 2024.

Key facts

Type
2-bed apartment
Size
1,228 sqft
Floor
3rd of 10
Parking
G-55
Developer
Nabni Real Estate Development
Completed
2015
Service charge
AED 15,000 /yr
Last sold
AED 1.28M · January 2024

About 306, Avenue Residence 2

306 is a two-bedroom apartment of 1,228 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 30 January 2024 for AED 1,280,000, or AED 1,042 per sqft, 9% above the AED 959 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 306 over time

Sales
Unit 306, each saleTypical two-bed in Avenue Residence 2
1.1M1.2M1.3M2015201820212024Typical 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, June 2015: AED 1,183,432 (AED 963 per sqft)Sold, May 2017: AED 1,250,000 (AED 1,017 per sqft)Sold, January 2024: AED 1,280,000 (AED 1,042 per sqft)

306 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 306, 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 306 sits

All 53 2-beds →

306 last sold in January 2024 at AED 1,042 per sqft, 9% above what two-beds in Avenue Residence 2 were fetching at the time (AED 959). 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
3042-bedAED 1.15M · Jun 2022
3052-bedAED 1.55M · Dec 2025
3071-bedAED 886K · Jun 2015
3081-bedAED 860K · Jan 2015
1–7 of 9

306, Avenue Residence 2 in numbers

  • Sold 3 times: first on 14 June 2015 for AED 1,183,432, last on 30 January 2024 for AED 1,280,000 (AED 1,042 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 30 January 2024.

Questions about 306, Avenue Residence 2

What did unit 306 last sell for?

AED 1,280,000 on 30 January 2024: AED 1,042 per sqft for 1,228 sqft. The unit has 3 registered sales; the first was AED 1,183,432 in June 2015.

How big is unit 306?

1,228 sqft (114.1 sqm): a two-bedroom apartment on the 3rd floor of a 10-storey tower completed in 2015.

What is unit 306 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 306, Avenue Residence 2

Starts from the last sale price (AED 1.28M, 30 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,280,000
Deposit, UAE resident (20%)
AED 256,000
Deposit, non-resident (40%)
AED 512,000
Monthly over 25 years at 3.7%
AED 5,237

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