506, Avenue Residence 5
Sold prices and rental history: sold once, by the developer 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.
Property timeline for 506, Avenue Residence 5
What is 506 worth today?
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Source: Dubai Land Department. Updated 20 November 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,359 sqft
- Floor
- 5th of 10
- Parking
- 1
- Developer
- Nabni Real Estate Development
- Last sold
- AED 1.56M · November 2023
- Building
- Avenue Residence 5
About 506, Avenue Residence 5
506 is a two-bedroom apartment of 1,359 sqft on the 5th floor of Avenue Residence 5, a 10-storey tower in Al Furjan by Nabni Real Estate Development. The developer sold it on 20 November 2023 for AED 1,562,784, or AED 1,149 per sqft, 4% below the AED 1,199 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 506 over time
506 has sold once; the dashed line is the two-bed median of each year in the building.
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 5, and where 506 sits
All 41 2-beds →506 last sold in November 2023 at AED 1,149 per sqft, 4% below what two-beds in Avenue Residence 5 were fetching at the time (AED 1,199). Over the last 12 months two-beds sold for AED 1,625,000 to 2,250,000, around AED 1,572 per sqft, and rent for AED 110,000 to 145,000 a year.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Feb 202624 February 2026 | 1,390 sqft | 2,250,000 | 1,618 | ||
| 6 Feb 20266 February 2026 | 1,081 sqft | 1,900,000 | 1,757 | ||
| 22 Jan 202622 January 2026 | 1,154 sqft | 1,750,000 | 1,516 | ||
| 15 Jan 202615 January 2026 | 1,081 sqft | 1,700,000 | 1,572 |
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 5th floor
All 85 units in Avenue Residence 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 3-bed | 2,187 sqft | AED 2.45MAED 2,449,209 · Nov 2023November 2023 | ||
| 502 | 2-bed | 1,321 sqft | AED 1.59MAED 1,585,781 · Oct 2023October 2023 | ||
| 503 | 2-bed | 1,154 sqft | AED 1.75MAED 1,750,000 · Jan 2026January 2026 | ||
| 504 | 2-bed | 1,081 sqft | AED 1.9MAED 1,900,000 · Feb 2026February 2026 | ||
| 505 | 1-bed | 629 sqft | AED 1.05MAED 1,050,000 · Oct 2025October 2025 | ||
| 507 | 1-bed | 886 sqft | AED 1.13MAED 1,130,399 · Oct 2023October 2023 | 95,000 /yr | |
| 508 | 1-bed | 803 sqft | AED 1.3MAED 1,300,000 · Dec 2025December 2025 | ||
| 509 | 1-bed | 842 sqft | AED 1.26MAED 1,260,000 · Feb 2026February 2026 | 85,000 /yr |
506, Avenue Residence 5 in numbers
- Sold once: by Nabni Real Estate Development on 20 November 2023 for AED 1,562,784, or AED 1,149 per sqft.
- Two-beds in Avenue Residence 5 sold for AED 1,625,000–2,250,000 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 20 November 2023.
Questions about 506, Avenue Residence 5
What did unit 506 last sell for?
AED 1,562,784 on 20 November 2023, sold by the developer: AED 1,149 per sqft for 1,359 sqft. It is the only registered sale of the unit.
How big is unit 506?
1,359 sqft (126.3 sqm): a two-bedroom apartment on the 5th floor of a 10-storey tower.
What is unit 506 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 5 sold for AED 1,625,000 to 2,250,000 in the last 12 months, around AED 1,572 per sqft.
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Mortgage on 506, Avenue Residence 5
Starts from the last sale price (AED 1.56M, 20 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,562,784
- Deposit, UAE resident (20%)
- AED 312,557
- Deposit, non-resident (40%)
- AED 625,114
- Monthly over 25 years at 3.7%
- AED 6,394
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →