3-bed · 2,019 sqftAvenue Residence 2, Al Furjan · 7th floor · completed 2015

708, Avenue Residence 2

Sold prices and rental history: sold once, by the developer in August 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 708 · DLD and Ejari recordsUpdated 3 August 2017
Last soldAED 1.7M3 August 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, Avenue Residence 2

What is 708 worth today?

Last sold for AED 1,700,000 in 2017

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3 Aug 2017Sold by developerReady
AED 1,700,000AED 842 per sqft

Source: Dubai Land Department. Updated 3 August 2017.

Key facts

Type
3-bed apartment
Size
2,019 sqft
Floor
7th of 10
Parking
P-74, P-75
Developer
Nabni Real Estate Development
Completed
2015
Service charge
AED 24,600 /yr
Last sold
AED 1.7M · August 2017

About 708, Avenue Residence 2

708 is a three-bedroom apartment of 2,019 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 3 August 2017 for AED 1,700,000, or AED 842 per sqft, 82% above the AED 463 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 708 over time

Sales
Unit 708, each saleTypical three-bed in Avenue Residence 2
1M1.5M2M2015201820212024Typical sale price by year: 2015 AED 1,873,211; 2016 AED 936,824; 2017 AED 1,800,000; 2022 AED 1,480,000; 2023 AED 1,465,000; 2024 AED 1,825,000Sold by developer, August 2017: AED 1,700,000 (AED 842 per sqft)

708 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 708, each contractTypical three-bed in Avenue Residence 2
100K150K2017202020232026Typical rent by year: 2017 AED 127,500; 2018 AED 117,500; 2019 AED 98,750; 2020 AED 85,000; 2021 AED 85,000; 2022 AED 91,850; 2023 AED 110,000; 2024 AED 125,000; 2025 AED 150,000; 2026 AED 150,000

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 708 sits

All 20 3-beds →

708 last sold in August 2017 at AED 842 per sqft, 82% above what three-beds in Avenue Residence 2 were fetching at the time (AED 463). 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.

Recent 3-bed salesUnit no.Price (AED)Summary
27 Apr 20262,600,000
19 Feb 20252,050,000
23 Jan 20252,150,000
20 Dec 20242,050,000
1 3-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
7052-bedAED 1.27M · Nov 2023
7062-bedAED 1.18M · Nov 2016
7072-bedAED 1.7M · Aug 2023
1–7 of 8

708, Avenue Residence 2 in numbers

  • Sold once: by Nabni Real Estate Development on 3 August 2017 for AED 1,700,000, or AED 842 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 3 August 2017.

Questions about 708, Avenue Residence 2

What did unit 708 last sell for?

AED 1,700,000 on 3 August 2017, sold by the developer: AED 842 per sqft for 2,019 sqft. It is the only registered sale of the unit.

How big is unit 708?

2,019 sqft (187.6 sqm): a three-bedroom apartment on the 7th floor of a 10-storey tower completed in 2015.

What is unit 708 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 708, Avenue Residence 2

Starts from the last sale price (AED 1.7M, 3 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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