408, Avenue Residence 2
Sold prices and rental history: sold 3 times, last in April 2026, 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 408, Avenue Residence 2
What is 408 worth today?
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Source: Dubai Land Department. Updated 30 April 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 881 sqft
- Floor
- 4th of 10
- Parking
- G-43
- Developer
- Nabni Real Estate Development
- Completed
- 2015
- Service charge
- AED 10,700 /yr
- Last sold
- AED 1.17M · April 2026
- Building
- Avenue Residence 2
About 408, Avenue Residence 2
408 is a one-bedroom apartment of 881 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 30 April 2026 for AED 1,170,000, or AED 1,327 per sqft, in line with the AED 1,294 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 27 May 2022, is AED 47,300 a year: a gross yield of 4.0% on the 2026 price, before the service charge of about AED 10,700 a year.
Sales and rents for 408 over time
408 has sold 3 times; 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 408 sits
All 22 1-beds →408 last sold in April 2026 at AED 1,327 per sqft, in line with what one-beds in Avenue Residence 2 were fetching at the time (AED 1,294). 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. 408's AED 47,300 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 | ||
| 24 Dec 202424 December 2024 | 934 sqft | 1,000,000 | 1,070 |
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 | |
| 407 | 1-bed | 934 sqft | AED 675KAED 675,000 · Feb 2022February 2022 | 80,000 /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 |
408, Avenue Residence 2 in numbers
- Sold 3 times: first on 26 April 2015 for AED 801,199, last on 30 April 2026 for AED 1,170,000 (AED 1,327 per sqft).
- Rented since April 2017 on 6 Ejari contracts, from AED 74,000 to AED 47,300 a year.
- At AED 47,300 a year the gross yield on the 2026 price is 4.0%, before a service charge of about AED 10,700 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 30 April 2026.
Questions about 408, Avenue Residence 2
What did unit 408 last sell for?
AED 1,170,000 on 30 April 2026: AED 1,327 per sqft for 881 sqft. The unit has 3 registered sales; the first was AED 801,199 in April 2015.
What is the rent for unit 408?
AED 47,300 a year on the contract renewed on 27 May 2022. The previous contract, from May 2021, was AED 43,000; the unit has been rented since April 2017.
How big is unit 408?
881 sqft (81.8 sqm): a one-bedroom apartment on the 4th floor of a 10-storey tower completed in 2015.
What is unit 408 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 408, Avenue Residence 2
Starts from the last sale price (AED 1.17M, 30 April 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 1,170,000
- Deposit, UAE resident (20%)
- AED 234,000
- Deposit, non-resident (40%)
- AED 468,000
- Monthly over 25 years at 3.7%
- AED 4,787
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →