404, Avenue Residence 2
Sold prices and rental history: sold twice, last in February 2022, 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 404, Avenue Residence 2
What is 404 worth today?
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Source: Dubai Land Department. Updated 10 April 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,397 sqft
- Floor
- 4th of 10
- Parking
- G-47
- Developer
- Nabni Real Estate Development
- Completed
- 2015
- Service charge
- AED 17,000 /yr
- Last sold
- AED 1.07M · February 2022
- Building
- Avenue Residence 2
About 404, Avenue Residence 2
404 is a two-bedroom apartment of 1,397 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 18 February 2022 for AED 1,070,000, or AED 765 per sqft, in line with the AED 773 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 10 April 2022, is AED 66,000 a year: a gross yield of 6.2% on the 2022 price, before the service charge of about AED 17,000 a year.
Sales and rents for 404 over time
404 has sold twice; the dashed line is the two-bed median of each year in the building.
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 404 sits
All 53 2-beds →404 last sold in February 2022 at AED 765 per sqft, in line with what two-beds in Avenue Residence 2 were fetching at the time (AED 773). 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. 404's AED 66,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Dec 202525 December 2025 | 1,324 sqft | 1,550,000 | 1,170 | ||
| 28 May 202528 May 2025 | 1,517 sqft | 1,650,000 | 1,087 | ||
| 3 Oct 20243 October 2024 | 1,397 sqft | 1,400,000 | 1,002 | ||
| 5 Jun 20245 June 2024 | 1,142 sqft | 1,200,000 | 1,051 |
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 | |||||
|---|---|---|---|---|---|
| 401 | 3-bed | 1,957 sqft | AED 2.05MAED 2,050,000 · Dec 2024December 2024 | 85,000 /yr | |
| 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 | |
| 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 |
404, Avenue Residence 2 in numbers
- Sold twice: first on 26 April 2015 for AED 1,266,134, last on 18 February 2022 for AED 1,070,000 (AED 765 per sqft).
- Rented since May 2017 on 6 Ejari contracts, from AED 100,000 to AED 66,000 a year.
- At AED 66,000 a year the gross yield on the 2022 price is 6.2%, before a service charge of about AED 17,000 a year (AED 12.18 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 10 April 2022.
Questions about 404, Avenue Residence 2
What did unit 404 last sell for?
AED 1,070,000 on 18 February 2022: AED 765 per sqft for 1,397 sqft. The unit has 2 registered sales; the first was AED 1,266,134 in April 2015.
What is the rent for unit 404?
AED 66,000 a year on the contract signed on 10 April 2022. The previous contract, from April 2021, was AED 60,000; the unit has been rented since May 2017.
How big is unit 404?
1,397 sqft (129.8 sqm): a two-bedroom apartment on the 4th floor of a 10-storey tower completed in 2015.
What is unit 404 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 404, Avenue Residence 2
Starts from the last sale price (AED 1.07M, 18 February 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,070,000
- Deposit, UAE resident (20%)
- AED 214,000
- Deposit, non-resident (40%)
- AED 428,000
- Monthly over 25 years at 3.7%
- AED 4,378
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →