509, Avenue Residence 2
Sold prices and rental history: sold twice, last in February 2025, 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 509, Avenue Residence 2
What is 509 worth today?
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Source: Dubai Land Department. Updated 6 May 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 2,022 sqft
- Floor
- 5th of 10
- Parking
- P-10, P-11
- Developer
- Nabni Real Estate Development
- Completed
- 2015
- Service charge
- AED 24,600 /yr
- Last sold
- AED 2.05M · February 2025
- Building
- Avenue Residence 2
About 509, Avenue Residence 2
509 is a three-bedroom apartment of 2,022 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 19 February 2025 for AED 2,050,000, or AED 1,014 per sqft, 9% above the AED 933 three-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, renewed on 6 May 2026, is AED 150,000 a year: a gross yield of 7.3% on the 2025 price, before the service charge of about AED 24,600 a year.
Sales and rents for 509 over time
509 has sold twice; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Avenue Residence 2, and where 509 sits
All 20 3-beds →509 last sold in February 2025 at AED 1,014 per sqft, 9% above what three-beds in Avenue Residence 2 were fetching at the time (AED 933). Over the last 12 months three-beds sold for AED 2,600,000, around AED 1,287 per sqft, and rent for AED 135,000 to 175,000 a year. 509's AED 150,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Apr 202627 April 2026 | 2,019 sqft | 2,600,000 | 1,287 | ||
| 23 Jan 202523 January 2025 | 2,019 sqft | 2,150,000 | 1,064 | ||
| 20 Dec 202420 December 2024 | 1,957 sqft | 2,050,000 | 1,047 | ||
| 16 Dec 202416 December 2024 | 3,480 sqft | 2,300,000 | 660 |
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 | |
| 503 | 1-bed | 835 sqft | AED 670KAED 670,000 · Jan 2023January 2023 | 74,000 /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 | |
| 510 | 2-bed | 1,143 sqft | AED 1.11MAED 1,105,453 · Mar 2017March 2017 | 90,000 /yr |
509, Avenue Residence 2 in numbers
- Sold twice: first on 17 August 2016 for AED 936,824, last on 19 February 2025 for AED 2,050,000 (AED 1,014 per sqft).
- Rented since December 2017 on 10 Ejari contracts. The rent fell from AED 130,000 to AED 85,000 in 2022 and recovered to AED 150,000 by May 2026.
- At AED 150,000 a year the gross yield on the 2025 price is 7.3%, before a service charge of about AED 24,600 a year (AED 12.18 per sqft).
- Three-beds in Avenue Residence 2 sold for AED 2,600,000–2,600,000 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 6 May 2026.
Questions about 509, Avenue Residence 2
What did unit 509 last sell for?
AED 2,050,000 on 19 February 2025: AED 1,014 per sqft for 2,022 sqft. The unit has 2 registered sales; the first was AED 936,824 in August 2016.
What is the rent for unit 509?
AED 150,000 a year on the contract renewed on 6 May 2026. The previous contract, from May 2025, was AED 150,000; the unit has been rented since December 2017.
How big is unit 509?
2,022 sqft (187.9 sqm): a three-bedroom apartment on the 5th floor of a 10-storey tower completed in 2015.
What is unit 509 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Avenue Residence 2 sold for AED 2,600,000 to 2,600,000 in the last 12 months, around AED 1,287 per sqft.
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Mortgage on 509, Avenue Residence 2
Starts from the last sale price (AED 2.05M, 19 February 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,050,000
- Deposit, UAE resident (20%)
- AED 410,000
- Deposit, non-resident (40%)
- AED 820,000
- Monthly over 25 years at 3.7%
- AED 8,387
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →