401, Avenue Residence 2
Sold prices and rental history: sold 3 times, last in December 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 401, Avenue Residence 2
What is 401 worth today?
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Source: Dubai Land Department. Updated 20 December 2024.
Key facts
- Type
- 3-bed apartment
- Size
- 1,957 sqft
- Floor
- 4th of 10
- Parking
- G-61, G-62
- Developer
- Nabni Real Estate Development
- Completed
- 2015
- Service charge
- AED 23,800 /yr
- Last sold
- AED 2.05M · December 2024
- Building
- Avenue Residence 2
About 401, Avenue Residence 2
401 is a three-bedroom apartment of 1,957 sqft on the 4th floor of Avenue Residence 2, a 10-storey tower in Al Furjan completed in 2015 by Nabni Real Estate Development. It last sold on 20 December 2024 for AED 2,050,000, or AED 1,047 per sqft, 18% above the AED 888 three-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 1 May 2021, is AED 85,000 a year: a gross yield of 4.2% on the 2024 price, before the service charge of about AED 23,800 a year.
Sales and rents for 401 over time
401 has sold 3 times; 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 401 sits
All 20 3-beds →401 last sold in December 2024 at AED 1,047 per sqft, 18% above what three-beds in Avenue Residence 2 were fetching at the time (AED 888). 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. 401's AED 85,000 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 | ||
| 16 Dec 202416 December 2024 | 3,480 sqft | 2,300,000 | 660 |
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 4th floor
All 95 units in Avenue Residence 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 402 | 2-bed | 1,104 sqft | AED 947KAED 947,000 · Aug 2022August 2022 | 70,000 /yr | |
| 403 | 1-bed | 835 sqft | AED 990KAED 990,000 · Nov 2024November 2024 | 78,000 /yr | |
| 404 | 2-bed | 1,397 sqft | AED 1.07MAED 1,070,000 · Feb 2022February 2022 | 66,000 /yr | |
| 405 | 2-bed | 1,324 sqft | AED 1.08MAED 1,075,000 · Dec 2021December 2021 | 66,000 /yr | |
| 406 | 2-bed | 1,226 sqft | AED 1.2MAED 1,200,000 · Sep 2023September 2023 | 96,000 /yr | |
| 407 | 1-bed | 934 sqft | AED 675KAED 675,000 · Feb 2022February 2022 | 80,000 /yr | |
| 408 | 1-bed | 881 sqft | AED 1.17MAED 1,170,000 · Apr 2026April 2026 | 47,300 /yr | |
| 409 | 3-bed | 2,018 sqft | AED 1.47MAED 1,465,000 · Apr 2023April 2023 | 88,000 /yr | |
| 410 | 2-bed | 1,142 sqft | AED 1.2MAED 1,200,000 · Mar 2024March 2024 | 95,000 /yr |
401, Avenue Residence 2 in numbers
- Sold 3 times: first on 23 April 2015 for AED 1,782,567, last on 20 December 2024 for AED 2,050,000 (AED 1,047 per sqft).
- Rented since May 2017 on 5 Ejari contracts, from AED 130,000 to AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2024 price is 4.2%, 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 20 December 2024.
Questions about 401, Avenue Residence 2
What did unit 401 last sell for?
AED 2,050,000 on 20 December 2024: AED 1,047 per sqft for 1,957 sqft. The unit has 3 registered sales; the first was AED 1,782,567 in April 2015.
What is the rent for unit 401?
AED 85,000 a year on the contract renewed on 1 May 2021. The previous contract, from May 2020, was AED 100,000; the unit has been rented since May 2017.
How big is unit 401?
1,957 sqft (181.8 sqm): a three-bedroom apartment on the 4th floor of a 10-storey tower completed in 2015.
What is unit 401 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 401, Avenue Residence 2
Starts from the last sale price (AED 2.05M, 20 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,050,000
- Deposit, UAE resident (20%)
- AED 410,000
- Deposit, non-resident (40%)
- AED 820,000
- Monthly over 25 years at 3.7%
- AED 8,387
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →