1-bed · 934 sqftAvenue Residence 2, Al Furjan · 6th floor · completed 2015

607, Avenue Residence 2

Sold prices and rental history: sold twice, last in December 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 607 · DLD and Ejari recordsUpdated 24 December 2024
Last soldAED 1M24 December 2024
Current rentAED 65K /yr31 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 607, Avenue Residence 2

What is 607 worth today?

Last sold for AED 1,000,000 in 2024

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24 Dec 2024SoldReady
AED 1,000,000AED 1,070 per sqft
31 May 2024RentedRenewal
AED 65,000/yr12 months · AED 69 per sqft
31 May 2023RentedRenewal
AED 65,000/yr12 months · AED 69 per sqft
1 Jun 2022RentedNew contract
AED 65,175/yr12 months · AED 70 per sqft
17 May 2016Sold by developerOff-plan
AED 890,000AED 952 per sqft

Source: Dubai Land Department. Updated 24 December 2024.

Key facts

Type
1-bed apartment
Size
934 sqft
Floor
6th of 10
Parking
P-20
Developer
Nabni Real Estate Development
Completed
2015
Service charge
AED 11,400 /yr
Last sold
AED 1M · December 2024

About 607, Avenue Residence 2

607 is a one-bedroom apartment of 934 sqft on the 6th floor of Avenue Residence 2, a 10-storey tower in Al Furjan completed in 2015 by Nabni Real Estate Development. It last sold on 24 December 2024 for AED 1,000,000, or AED 1,070 per sqft, 7% below the AED 1,152 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 31 May 2024, is AED 65,000 a year: a gross yield of 6.5% on the 2024 price, before the service charge of about AED 11,400 a year.

Sales and rents for 607 over time

Sales
Unit 607, each saleTypical one-bed in Avenue Residence 2
750K1M1.25M20152018202120242027Typical sale price by year: 2015 AED 895,865; 2016 AED 817,965; 2017 AED 920,000; 2023 AED 670,000; 2024 AED 970,000; 2026 AED 1,170,000Sold by developer, May 2016: AED 890,000 (AED 952 per sqft)Sold, December 2024: AED 1,000,000 (AED 1,070 per sqft)

607 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 607, each contractTypical one-bed in Avenue Residence 2
40K60K80K2017202020232026Typical rent by year: 2017 AED 74,500; 2018 AED 66,000; 2019 AED 57,000; 2020 AED 48,730; 2021 AED 43,500; 2022 AED 49,500; 2023 AED 53,550; 2024 AED 60,500; 2025 AED 71,500; 2026 AED 68,250New contract, June 2022: AED 65,175 a yearRenewal, May 2023: AED 65,000 a yearRenewal, May 2024: AED 65,000 a year

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 607 sits

All 22 1-beds →

607 last sold in December 2024 at AED 1,070 per sqft, 7% below what one-beds in Avenue Residence 2 were fetching at the time (AED 1,152). 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. 607's AED 65,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
30 Apr 20261,170,000
2 Feb 20261,300,000
20 Jan 20261,030,000
15 May 20251,050,000
3 1-bed sales in the last 12 months

Avenue Residence 2

Building

95 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%
Avenue Residence 2, Al Furjan: prices, sales and rents →

Other units on the 6th floor

All 95 units in Avenue Residence 2
Value
6013-bedAED 1.88M · Feb 2015
6022-bedAED 1.05M · Oct 2015
6031-bedAED 817K · Aug 2016
6042-bedAED 1.3M · Feb 2016
6052-bedAED 1.26M · Feb 2015
6062-bedAED 1.16M · Feb 2015
6081-bedAED 1.03M · Jan 2026
1–7 of 9

607, Avenue Residence 2 in numbers

  • Sold twice: first on 17 May 2016 for AED 890,000, last on 24 December 2024 for AED 1,000,000 (AED 1,070 per sqft).
  • Rented since June 2022 on 3 Ejari contracts, from AED 65,175 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2024 price is 6.5%, 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 24 December 2024.

Questions about 607, Avenue Residence 2

What did unit 607 last sell for?

AED 1,000,000 on 24 December 2024: AED 1,070 per sqft for 934 sqft. The unit has 2 registered sales; the first was AED 890,000 in May 2016.

What is the rent for unit 607?

AED 65,000 a year on the contract renewed on 31 May 2024. The previous contract, from May 2023, was AED 65,000; the unit has been rented since June 2022.

How big is unit 607?

934 sqft (86.8 sqm): a one-bedroom apartment on the 6th floor of a 10-storey tower completed in 2015.

What is unit 607 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 607, Avenue Residence 2

Starts from the last sale price (AED 1M, 24 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →