
309, Avenue Residence 2
Sold prices and rental history: sold twice, last in February 2023, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 309, Avenue Residence 2
What is 309 worth today?
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Source: Dubai Land Department. Updated 23 February 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 2,015 sqft
- Floor
- 3rd of 10
- Parking
- G-58, G-59
- Developer
- Nabni Real Estate Development
- Completed
- 2015
- Service charge
- AED 24,500 /yr
- Last sold
- AED 1.46M · February 2023
- Building
- Avenue Residence 2
About 309, Avenue Residence 2
309 is a three-bedroom apartment of 2,015 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 23 February 2023 for AED 1,460,000, or AED 724 per sqft, in line with the AED 733 three-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 10 July 2022, is AED 98,000 a year: a gross yield of 6.7% on the 2023 price, before the service charge of about AED 24,500 a year.
Sales and rents for 309 over time
309 has sold twice; 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 309 sits
All 20 3-beds →309 last sold in February 2023 at AED 724 per sqft, in line with what three-beds in Avenue Residence 2 were fetching at the time (AED 733). 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. 309's AED 98,000 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 | |||||
|---|---|---|---|---|---|
| 301 | 3-bed | 1,955 sqft | AED 1.85MAED 1,850,000 · Sep 2017September 2017 | 112,000 /yr | |
| 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 | |
| 310 | 2-bed | 1,142 sqft | AED 1.15MAED 1,145,453 · Jan 2015January 2015 | 85,050 /yr |
309, Avenue Residence 2 in numbers
- Sold twice: first on 14 January 2018 for AED 1,650,000, last on 23 February 2023 for AED 1,460,000 (AED 724 per sqft).
- Rented since November 2019 on 5 Ejari contracts, from AED 95,000 to AED 98,000 a year.
- At AED 98,000 a year the gross yield on the 2023 price is 6.7%, 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 23 February 2023.
Questions about 309, Avenue Residence 2
What did unit 309 last sell for?
AED 1,460,000 on 23 February 2023: AED 724 per sqft for 2,015 sqft. The unit has 2 registered sales; the first was AED 1,650,000 in January 2018.
What is the rent for unit 309?
AED 98,000 a year on the contract renewed on 10 July 2022. The previous contract, from July 2021, was AED 93,000; the unit has been rented since November 2019.
How big is unit 309?
2,015 sqft (187.2 sqm): a three-bedroom apartment on the 3rd floor of a 10-storey tower completed in 2015.
What is unit 309 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 309, Avenue Residence 2
Starts from the last sale price (AED 1.46M, 23 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,460,000
- Deposit, UAE resident (20%)
- AED 292,000
- Deposit, non-resident (40%)
- AED 584,000
- Monthly over 25 years at 3.7%
- AED 5,973
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →