503, Avenue Residence 2
Sold prices and rental history: sold 3 times, last in January 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 503, Avenue Residence 2
What is 503 worth today?
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Source: Dubai Land Department. Updated 16 September 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 835 sqft
- Floor
- 5th of 10
- Parking
- P-4
- Developer
- Nabni Real Estate Development
- Completed
- 2015
- Service charge
- AED 10,200 /yr
- Last sold
- AED 670K · January 2023
- Building
- Avenue Residence 2
About 503, Avenue Residence 2
503 is a one-bedroom apartment of 835 sqft on the 5th floor of Avenue Residence 2, a 10-storey tower in Al Furjan completed in 2015 by Nabni Real Estate Development. It last sold on 25 January 2023 for AED 670,000, or AED 802 per sqft, in line with the AED 790 one-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 16 September 2025, is AED 74,000 a year: a gross yield of 11.0% on the 2023 price, before the service charge of about AED 10,200 a year.
Sales and rents for 503 over time
503 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 503 sits
All 22 1-beds →503 last sold in January 2023 at AED 802 per sqft, in line with what one-beds in Avenue Residence 2 were fetching at the time (AED 790). 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. 503's AED 74,000 is in the upper half 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 5th floor
All 95 units in Avenue Residence 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 3-bed | 1,957 sqft | AED 1.92MAED 1,923,571 · Sep 2015September 2015 | ||
| 502 | 2-bed | 1,104 sqft | AED 1.13MAED 1,130,000 · May 2017May 2017 | 93,500 /yr | |
| 504 | 2-bed | 1,397 sqft | AED 1.33MAED 1,327,373 · May 2017May 2017 | ||
| 505 | 2-bed | 1,324 sqft | AED 1.29MAED 1,291,924 · Jul 2015July 2015 | 90,000 /yr | |
| 506 | 2-bed | 1,228 sqft | AED 950KAED 950,000 · Nov 2021November 2021 | 75,900 /yr | |
| 507 | 1-bed | 934 sqft | AED 983KAED 982,770 · Mar 2015March 2015 | 67,000 /yr | |
| 508 | 1-bed | 881 sqft | AED 923KAED 923,416 · Mar 2015March 2015 | 50,000 /yr | |
| 509 | 3-bed | 2,022 sqft | AED 2.05MAED 2,050,000 · Feb 2025February 2025 | 150,000 /yr | |
| 510 | 2-bed | 1,143 sqft | AED 1.11MAED 1,105,453 · Mar 2017March 2017 | 90,000 /yr |
503, Avenue Residence 2 in numbers
- Sold 3 times: first on 14 April 2016 for AED 645,203, last on 25 January 2023 for AED 670,000 (AED 802 per sqft).
- Rented since May 2017 on 6 Ejari contracts. The rent fell from AED 68,000 to AED 42,000 in 2021 and recovered to AED 74,000 by September 2025.
- At AED 74,000 a year the gross yield on the 2023 price is 11.0%, before a service charge of about AED 10,200 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 16 September 2025.
Questions about 503, Avenue Residence 2
What did unit 503 last sell for?
AED 670,000 on 25 January 2023: AED 802 per sqft for 835 sqft. The unit has 3 registered sales; the first was AED 645,203 in April 2016.
What is the rent for unit 503?
AED 74,000 a year on the contract signed on 16 September 2025. The previous contract, from July 2022, was AED 46,200; the unit has been rented since May 2017.
How big is unit 503?
835 sqft (77.6 sqm): a one-bedroom apartment on the 5th floor of a 10-storey tower completed in 2015.
What is unit 503 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 503, Avenue Residence 2
Starts from the last sale price (AED 670K, 25 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 670,000
- Deposit, UAE resident (20%)
- AED 134,000
- Deposit, non-resident (40%)
- AED 268,000
- Monthly over 25 years at 3.7%
- AED 2,741
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →