808, Avenue Residence 2
Sold prices and rental history: sold twice, last in May 2023, 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 808, Avenue Residence 2
What is 808 worth today?
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Source: Dubai Land Department. Updated 1 September 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 2,019 sqft
- Floor
- 8th of 10
- Parking
- P-62, P-63
- Developer
- Nabni Real Estate Development
- Completed
- 2015
- Service charge
- AED 24,600 /yr
- Last sold
- AED 1.59M · May 2023
- Building
- Avenue Residence 2
About 808, Avenue Residence 2
808 is a three-bedroom apartment of 2,019 sqft on the 8th floor of Avenue Residence 2, a 10-storey tower in Al Furjan completed in 2015 by Nabni Real Estate Development. It last sold on 9 May 2023 for AED 1,585,000, or AED 784 per sqft, 7% above the AED 733 three-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 1 September 2023, is AED 110,000 a year: a gross yield of 6.9% on the 2023 price, before the service charge of about AED 24,600 a year.
Sales and rents for 808 over time
808 has sold twice; 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 808 sits
All 20 3-beds →808 last sold in May 2023 at AED 784 per sqft, 7% above what three-beds in Avenue Residence 2 were fetching at the time (AED 733). 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. 808's AED 110,000 is at the bottom 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 8th floor
All 95 units in Avenue Residence 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 801 | 3-bed | 1,957 sqft | AED 1.86MAED 1,863,144 · Jul 2015July 2015 | ||
| 802 | 2-bed | 1,104 sqft | AED 1.09MAED 1,085,622 · Jun 2015June 2015 | 60,000 /yr | |
| 803 | 1-bed | 835 sqft | AED 670KAED 670,000 · Jan 2023January 2023 | 64,276 /yr | |
| 804 | 2-bed | 1,397 sqft | AED 1MAED 1,001,462 · Mar 2017March 2017 | 108,000 /yr | |
| 805 | 2-bed | 1,324 sqft | AED 1.6MAED 1,600,000 · Feb 2024February 2024 | 71,610 /yr | |
| 806 | 2-bed | 1,227 sqft | AED 881KAED 881,279 · Mar 2017March 2017 | 48,893 /yr | |
| 807 | 2-bed | 1,817 sqft | AED 1.59MAED 1,589,058 · May 2016May 2016 | 107,500 /yr | |
| 809 | 2-bed | 1,143 sqft | AED 934KAED 934,449 · Jan 2016January 2016 | 95,000 /yr |
808, Avenue Residence 2 in numbers
- Sold twice: first on 17 August 2016 for AED 936,824, last on 9 May 2023 for AED 1,585,000 (AED 784 per sqft).
- Rented since April 2017 on 7 Ejari contracts. The rent fell from AED 117,000 to AED 80,000 in 2021 and recovered to AED 110,000 by September 2023.
- At AED 110,000 a year the gross yield on the 2023 price is 6.9%, before a service charge of about AED 24,600 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 1 September 2023.
Questions about 808, Avenue Residence 2
What did unit 808 last sell for?
AED 1,585,000 on 9 May 2023: AED 784 per sqft for 2,019 sqft. The unit has 2 registered sales; the first was AED 936,824 in August 2016.
What is the rent for unit 808?
AED 110,000 a year on the contract renewed on 1 September 2023. The previous contract, from September 2023, was AED 110,000; the unit has been rented since April 2017.
How big is unit 808?
2,019 sqft (187.6 sqm): a three-bedroom apartment on the 8th floor of a 10-storey tower completed in 2015.
What is unit 808 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 808, Avenue Residence 2
Starts from the last sale price (AED 1.59M, 9 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,585,000
- Deposit, UAE resident (20%)
- AED 317,000
- Deposit, non-resident (40%)
- AED 634,000
- Monthly over 25 years at 3.7%
- AED 6,485
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →