408, Avenue Residence 5
Sold prices and rental history: sold once, by the developer in October 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Avenue Residence 5
What is 408 worth today?
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Source: Dubai Land Department. Updated 31 October 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 805 sqft
- Floor
- 4th of 10
- Parking
- 1
- Developer
- Nabni Real Estate Development
- Last sold
- AED 1.05M · October 2023
- Building
- Avenue Residence 5
About 408, Avenue Residence 5
408 is a one-bedroom apartment of 805 sqft on the 4th floor of Avenue Residence 5, a 10-storey tower in Al Furjan by Nabni Real Estate Development. The developer sold it on 31 October 2023 for AED 1,046,682, or AED 1,299 per sqft, 6% below the AED 1,386 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 408 over time
408 has sold once; the dashed line is the one-bed median of each year in the building.
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 5, and where 408 sits
All 35 1-beds →408 last sold in October 2023 at AED 1,299 per sqft, 6% below what one-beds in Avenue Residence 5 were fetching at the time (AED 1,386). Over the last 12 months one-beds sold for AED 1,085,058 to 1,320,000, around AED 1,505 per sqft, and rent for AED 75,000 to 95,000 a year.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Apr 20263 April 2026 | 800 sqft | 1,320,000 | 1,650 | ||
| 31 Mar 202631 March 2026 | 842 sqft | 1,310,000 | 1,555 | ||
| 23 Feb 202623 February 2026 | 842 sqft | 1,260,000 | 1,495 | ||
| 4 Feb 20264 February 2026 | 842 sqft | 1,268,000 | 1,505 |
Avenue Residence 5
Building85 apartments, 1-bed to 3-bed over 10 floors in Al Furjan by Nabni Real Estate Development. 20 sold in the last 12 months.
- Typical price per sqft
- AED 1,555 Up 6.0%
- Typical sale
- AED 1.66M
- Typical rent
- AED 90K /yr
- Typical yield
- 6.5%
Other units on the 4th floor
All 85 units in Avenue Residence 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 3-bed | 2,187 sqft | AED 2.54MAED 2,537,382 · Jan 2024January 2024 | ||
| 402 | 2-bed | 1,321 sqft | AED 1.59MAED 1,585,781 · Oct 2023October 2023 | ||
| 403 | 2-bed | 1,154 sqft | AED 1.63MAED 1,625,000 · Nov 2025November 2025 | 125,000 /yr | |
| 404 | 2-bed | 1,081 sqft | AED 1.37MAED 1,367,231 · Nov 2023November 2023 | 110,000 /yr | |
| 405 | 1-bed | 630 sqft | AED 869KAED 869,415 · Nov 2023November 2023 | 75,000 /yr | |
| 406 | 2-bed | 1,359 sqft | AED 1.56MAED 1,562,784 · Nov 2023November 2023 | 130,000 /yr | |
| 407 | 1-bed | 884 sqft | AED 1.31MAED 1,310,000 · Oct 2025October 2025 | 90,000 /yr | |
| 409 | 1-bed | 842 sqft | AED 1.27MAED 1,268,000 · Feb 2026February 2026 | 90,000 /yr |
408, Avenue Residence 5 in numbers
- Sold once: by Nabni Real Estate Development on 31 October 2023 for AED 1,046,682, or AED 1,299 per sqft.
- One-beds in Avenue Residence 5 sold for AED 1,085,058–1,320,000 in the 12 months to November 2026; the building's median across all types is AED 1,555 per sqft.
Source: Dubai Land Department. Updated 31 October 2023.
Questions about 408, Avenue Residence 5
What did unit 408 last sell for?
AED 1,046,682 on 31 October 2023, sold by the developer: AED 1,299 per sqft for 805 sqft. It is the only registered sale of the unit.
How big is unit 408?
805 sqft (74.8 sqm): a one-bedroom apartment on the 4th floor of a 10-storey tower.
What is unit 408 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 5 sold for AED 1,085,058 to 1,320,000 in the last 12 months, around AED 1,505 per sqft.
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Mortgage on 408, Avenue Residence 5
Starts from the last sale price (AED 1.05M, 31 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,046,682
- Deposit, UAE resident (20%)
- AED 209,336
- Deposit, non-resident (40%)
- AED 418,673
- Monthly over 25 years at 3.7%
- AED 4,282
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →