701, Avenue Residence 2
Sold prices and rental history: sold once, by the developer in August 2017, 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 701, Avenue Residence 2
What is 701 worth today?
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Source: Dubai Land Department. Updated 15 September 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 1,957 sqft
- Floor
- 7th of 10
- Parking
- P-25, P-26
- Developer
- Nabni Real Estate Development
- Completed
- 2015
- Service charge
- AED 23,800 /yr
- Last sold
- AED 1.71M · August 2017
- Building
- Avenue Residence 2
About 701, Avenue Residence 2
701 is a three-bedroom apartment of 1,957 sqft on the 7th 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 10 August 2017 for AED 1,712,366, or AED 874 per sqft, 88% above the AED 464 three-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 11 Ejari contracts. The current contract, signed on 15 September 2026, is AED 165,000 a year: a gross yield of 9.6% on the 2017 price, before the service charge of about AED 23,800 a year.
Sales and rents for 701 over time
701 has sold once; 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 701 sits
All 20 3-beds →701 last sold in August 2017 at AED 874 per sqft, 88% above what three-beds in Avenue Residence 2 were fetching at the time (AED 464). 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. 701's AED 165,000 is in the upper 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 | ||
| 19 Feb 202519 February 2025 | 2,022 sqft | 2,050,000 | 1,014 | ||
| 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 |
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 7th floor
All 95 units in Avenue Residence 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 2-bed | 1,104 sqft | AED 1.14MAED 1,142,760 · Nov 2016November 2016 | 80,000 /yr | |
| 703 | 1-bed | 835 sqft | AED 817KAED 817,000 · Aug 2016August 2016 | 60,000 /yr | |
| 704 | 2-bed | 1,397 sqft | AED 1.4MAED 1,400,000 · Oct 2024October 2024 | 85,000 /yr | |
| 705 | 2-bed | 1,324 sqft | AED 1.27MAED 1,270,000 · Nov 2023November 2023 | ||
| 706 | 2-bed | 1,227 sqft | AED 1.18MAED 1,183,432 · Nov 2016November 2016 | ||
| 707 | 2-bed | 1,817 sqft | AED 1.7MAED 1,700,000 · Aug 2023August 2023 | 80,146 /yr | |
| 708 | 3-bed | 2,019 sqft | AED 1.7MAED 1,700,000 · Aug 2017August 2017 | ||
| 709 | 2-bed | 1,142 sqft | AED 1.15MAED 1,145,500 · Mar 2015March 2015 | 85,000 /yr |
701, Avenue Residence 2 in numbers
- Sold once: by Nabni Real Estate Development on 10 August 2017 for AED 1,712,366, or AED 874 per sqft.
- Rented since August 2017 on 11 Ejari contracts. The rent fell from AED 125,000 to AED 90,000 in 2020 and recovered to AED 165,000 by September 2026.
- At AED 165,000 a year the gross yield on the 2017 price is 9.6%, before a service charge of about AED 23,800 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 15 September 2026.
Questions about 701, Avenue Residence 2
What did unit 701 last sell for?
AED 1,712,366 on 10 August 2017, sold by the developer: AED 874 per sqft for 1,957 sqft. It is the only registered sale of the unit.
What is the rent for unit 701?
AED 165,000 a year on the contract signed on 15 September 2026. The previous contract, from September 2025, was AED 165,000; the unit has been rented since August 2017.
How big is unit 701?
1,957 sqft (181.8 sqm): a three-bedroom apartment on the 7th floor of a 10-storey tower completed in 2015.
What is unit 701 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 701, Avenue Residence 2
Starts from the last sale price (AED 1.71M, 10 August 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,712,366
- Deposit, UAE resident (20%)
- AED 342,473
- Deposit, non-resident (40%)
- AED 684,946
- Monthly over 25 years at 3.7%
- AED 7,006
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →