510, Avenue Residence 2
Sold prices and rental history: sold once, by the developer in March 2017, and rented once, from June 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 510, Avenue Residence 2
What is 510 worth today?
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Source: Dubai Land Department. Updated 1 June 2017.
Key facts
- Type
- 2-bed apartment
- Size
- 1,143 sqft
- Floor
- 5th of 10
- Parking
- P-12
- Developer
- Nabni Real Estate Development
- Completed
- 2015
- Service charge
- AED 13,900 /yr
- Last sold
- AED 1.11M · March 2017
- Building
- Avenue Residence 2
About 510, Avenue Residence 2
510 is a two-bedroom apartment of 1,143 sqft on the 5th floor of Avenue Residence 2, a 10-storey tower in Al Furjan completed in 2015 by Nabni Real Estate Development. The developer sold it on 8 March 2017 for AED 1,105,453, or AED 967 per sqft, in line with the AED 956 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 June 2017. The current contract, signed on 1 June 2017, is AED 90,000 a year: a gross yield of 8.1% on the 2017 price, before the service charge of about AED 13,900 a year.
Sales and rents for 510 over time
510 has sold once; 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 510 sits
All 53 2-beds →510 last sold in March 2017 at AED 967 per sqft, in line with what two-beds in Avenue Residence 2 were fetching at the time (AED 956). 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. 510's AED 90,000 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 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 | |
| 509 | 3-bed | 2,022 sqft | AED 2.05MAED 2,050,000 · Feb 2025February 2025 | 150,000 /yr |
510, Avenue Residence 2 in numbers
- Sold once: by Nabni Real Estate Development on 8 March 2017 for AED 1,105,453, or AED 967 per sqft.
- Rented since June 2017 on one Ejari contract, at AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2017 price is 8.1%, before a service charge of about AED 13,900 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 1 June 2017.
Questions about 510, Avenue Residence 2
What did unit 510 last sell for?
AED 1,105,453 on 8 March 2017, sold by the developer: AED 967 per sqft for 1,143 sqft. It is the only registered sale of the unit.
What is the rent for unit 510?
AED 90,000 a year on the contract signed on 1 June 2017.
How big is unit 510?
1,143 sqft (106.2 sqm): a two-bedroom apartment on the 5th floor of a 10-storey tower completed in 2015.
What is unit 510 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 510, Avenue Residence 2
Starts from the last sale price (AED 1.11M, 8 March 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,105,453
- Deposit, UAE resident (20%)
- AED 221,091
- Deposit, non-resident (40%)
- AED 442,181
- Monthly over 25 years at 3.7%
- AED 4,523
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →