406, Avenue Residence 2
Sold prices and rental history: sold twice, last in September 2023, 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 406, Avenue Residence 2
What is 406 worth today?
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Source: Dubai Land Department. Updated 20 May 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,226 sqft
- Floor
- 4th of 10
- Parking
- G-40
- Developer
- Nabni Real Estate Development
- Completed
- 2015
- Service charge
- AED 14,900 /yr
- Last sold
- AED 1.2M · September 2023
- Building
- Avenue Residence 2
About 406, Avenue Residence 2
406 is a two-bedroom apartment of 1,226 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 September 2023 for AED 1,200,000, or AED 978 per sqft, 5% above the AED 935 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 20 May 2026, is AED 96,000 a year: a gross yield of 8.0% on the 2023 price, before the service charge of about AED 14,900 a year.
Sales and rents for 406 over time
406 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 406 sits
All 53 2-beds →406 last sold in September 2023 at AED 978 per sqft, 5% above what two-beds in Avenue Residence 2 were fetching at the time (AED 935). 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. 406's AED 96,000 is in the upper 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 | |
| 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 | |
| 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 |
406, Avenue Residence 2 in numbers
- Sold twice: first on 26 April 2015 for AED 1,114,188, last on 18 September 2023 for AED 1,200,000 (AED 978 per sqft).
- Rented since May 2017 on 7 Ejari contracts. The rent fell from AED 85,000 to AED 55,000 in 2021 and recovered to AED 96,000 by May 2026.
- At AED 96,000 a year the gross yield on the 2023 price is 8.0%, before a service charge of about AED 14,900 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 20 May 2026.
Questions about 406, Avenue Residence 2
What did unit 406 last sell for?
AED 1,200,000 on 18 September 2023: AED 978 per sqft for 1,226 sqft. The unit has 2 registered sales; the first was AED 1,114,188 in April 2015.
What is the rent for unit 406?
AED 96,000 a year on the contract signed on 20 May 2026. The previous contract, from October 2021, was AED 55,000; the unit has been rented since May 2017.
How big is unit 406?
1,226 sqft (113.9 sqm): a two-bedroom apartment on the 4th floor of a 10-storey tower completed in 2015.
What is unit 406 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 406, Avenue Residence 2
Starts from the last sale price (AED 1.2M, 18 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,200,000
- Deposit, UAE resident (20%)
- AED 240,000
- Deposit, non-resident (40%)
- AED 480,000
- Monthly over 25 years at 3.7%
- AED 4,910
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →