407, Avenue Residence 2
Sold prices and rental history: sold twice, last in February 2022, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, Avenue Residence 2
What is 407 worth today?
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Source: Dubai Land Department. Updated 19 July 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 934 sqft
- Floor
- 4th of 10
- Parking
- G-41
- Developer
- Nabni Real Estate Development
- Completed
- 2015
- Service charge
- AED 11,400 /yr
- Last sold
- AED 675K · February 2022
- Building
- Avenue Residence 2
About 407, Avenue Residence 2
407 is a one-bedroom apartment of 934 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 15 February 2022 for AED 675,000, or AED 722 per sqft.
It has been rented continuously since 2018 on 9 Ejari contracts. The current contract, signed on 19 July 2025, is AED 80,000 a year: a gross yield of 11.8% on the 2022 price, before the service charge of about AED 11,400 a year.
Sales and rents for 407 over time
407 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Avenue Residence 2, and where 407 sits
All 22 1-beds →Over the last 12 months one-beds sold for AED 1,030,000 to 1,300,000, around AED 1,327 per sqft, and rent for AED 60,000 to 78,000 a year. 407's AED 80,000 is at the top of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Apr 202630 April 2026 | 881 sqft | 1,170,000 | 1,327 | ||
| 2 Feb 20262 February 2026 | 835 sqft | 1,300,000 | 1,556 | ||
| 20 Jan 202620 January 2026 | 881 sqft | 1,030,000 | 1,168 | ||
| 15 May 202515 May 2025 | 833 sqft | 1,050,000 | 1,260 |
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 | |
| 406 | 2-bed | 1,226 sqft | AED 1.2MAED 1,200,000 · Sep 2023September 2023 | 96,000 /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 |
407, Avenue Residence 2 in numbers
- Sold twice: first on 26 April 2015 for AED 852,698, last on 15 February 2022 for AED 675,000 (AED 722 per sqft).
- Rented since April 2018 on 9 Ejari contracts. The rent fell from AED 78,000 to AED 48,730 in 2020 and recovered to AED 80,000 by July 2025.
- At AED 80,000 a year the gross yield on the 2022 price is 11.8%, before a service charge of about AED 11,400 a year (AED 12.18 per sqft).
- One-beds in Avenue Residence 2 sold for AED 1,030,000–1,300,000 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 19 July 2025.
Questions about 407, Avenue Residence 2
What did unit 407 last sell for?
AED 675,000 on 15 February 2022: AED 722 per sqft for 934 sqft. The unit has 2 registered sales; the first was AED 852,698 in April 2015.
What is the rent for unit 407?
AED 80,000 a year on the contract signed on 19 July 2025. The previous contract, from July 2025, was AED 80,000; the unit has been rented since April 2018.
How big is unit 407?
934 sqft (86.8 sqm): a one-bedroom apartment on the 4th floor of a 10-storey tower completed in 2015.
What is unit 407 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Avenue Residence 2 sold for AED 1,030,000 to 1,300,000 in the last 12 months, around AED 1,327 per sqft.
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Mortgage on 407, Avenue Residence 2
Starts from the last sale price (AED 675K, 15 February 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 675,000
- Deposit, UAE resident (20%)
- AED 135,000
- Deposit, non-resident (40%)
- AED 270,000
- Monthly over 25 years at 3.7%
- AED 2,762
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →