2-bed · 1,324 sqftAvenue Residence 2, Al Furjan · 7th floor · completed 2015

705, Avenue Residence 2

Sold prices and rental history: sold twice, last in November 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 22 November 2023
Last soldAED 1.27M22 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, Avenue Residence 2

What is 705 worth today?

Last sold for AED 1,270,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

22 Nov 2023SoldReady
AED 1,270,000AED 959 per sqft
20 Apr 2017Sold by developerReady
AED 1,264,726AED 955 per sqft

Source: Dubai Land Department. Updated 22 November 2023.

Key facts

Type
2-bed apartment
Size
1,324 sqft
Floor
7th of 10
Parking
P-79
Developer
Nabni Real Estate Development
Completed
2015
Service charge
AED 16,100 /yr
Last sold
AED 1.27M · November 2023

About 705, Avenue Residence 2

705 is a two-bedroom apartment of 1,324 sqft on the 7th floor of Avenue Residence 2, a 10-storey tower in Al Furjan completed in 2015 by Nabni Real Estate Development. It last sold on 22 November 2023 for AED 1,270,000, or AED 959 per sqft, in line with the AED 947 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 705 over time

Sales
Unit 705, each saleTypical two-bed in Avenue Residence 2
1.1M1.2M1.3M2015201820212024Typical sale price by year: 2015 AED 1,145,500; 2016 AED 1,075,000; 2017 AED 1,105,453; 2022 AED 1,070,000; 2023 AED 1,285,000; 2024 AED 1,280,000Sold by developer, April 2017: AED 1,264,726 (AED 955 per sqft)Sold, November 2023: AED 1,270,000 (AED 959 per sqft)

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

Rents
Unit 705, each contractTypical two-bed in Avenue Residence 2
60K80K2017202020232026Typical rent by year: 2017 AED 90,000; 2018 AED 85,000; 2019 AED 75,000; 2020 AED 65,000; 2021 AED 60,000; 2022 AED 70,000; 2023 AED 76,250; 2024 AED 85,000; 2025 AED 93,500; 2026 AED 90,000

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 705 sits

All 53 2-beds →

705 last sold in November 2023 at AED 959 per sqft, in line with what two-beds in Avenue Residence 2 were fetching at the time (AED 947). 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.

Recent 2-bed salesUnit no.Price (AED)Summary
25 Dec 20251,550,000
28 May 20251,650,000
3 Oct 20241,400,000
5 Jun 20241,200,000
1 2-bed sale 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 7th floor

All 95 units in Avenue Residence 2
Value
7013-bedAED 1.71M · Aug 2017
7022-bedAED 1.14M · Nov 2016
7031-bedAED 817K · Aug 2016
7042-bedAED 1.4M · Oct 2024
7062-bedAED 1.18M · Nov 2016
7072-bedAED 1.7M · Aug 2023
7083-bedAED 1.7M · Aug 2017
1–7 of 8

705, Avenue Residence 2 in numbers

  • Sold twice: first on 20 April 2017 for AED 1,264,726, last on 22 November 2023 for AED 1,270,000 (AED 959 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 22 November 2023.

Questions about 705, Avenue Residence 2

What did unit 705 last sell for?

AED 1,270,000 on 22 November 2023: AED 959 per sqft for 1,324 sqft. The unit has 2 registered sales; the first was AED 1,264,726 in April 2017.

How big is unit 705?

1,324 sqft (123.0 sqm): a two-bedroom apartment on the 7th floor of a 10-storey tower completed in 2015.

What is unit 705 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.

Selling 705? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 705, Avenue Residence 2

Starts from the last sale price (AED 1.27M, 22 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,270,000
Deposit, UAE resident (20%)
AED 254,000
Deposit, non-resident (40%)
AED 508,000
Monthly over 25 years at 3.7%
AED 5,196

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