1-bed · 755 sqftAvencia 2, Damac Hills 2 · completed 2022

G5, Avencia 2

Sold prices and rental history: sold twice, last in April 2024, and rented once, from June 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G5 · DLD and Ejari recordsUpdated 25 April 2024
Last soldAED 675K25 April 2024
Current rentAED 45K /yr1 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G5, Avencia 2

What is G5 worth today?

Last sold for AED 675,000 in 2024

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25 Apr 2024SoldReady
AED 675,000AED 894 per sqft
1 Jun 2023RentedNew contract
AED 45,000/yr12 months · AED 60 per sqft
6 Oct 2019Sold by developerOff-plan
AED 652,000AED 1,321 per sqft

Source: Dubai Land Department. Updated 25 April 2024.

Key facts

Type
1-bed apartment
Size
755 sqft
Parking
G-03
Developer
DAMAC
Completed
2022
Last sold
AED 675K · April 2024
Building
Avencia 2

About G5, Avencia 2

G5 is a one-bedroom apartment of 755 sqft of Avencia 2, in Damac Hills 2 completed in 2022 by DAMAC. It last sold on 25 April 2024 for AED 675,000, or AED 894 per sqft.

One Ejari contract is registered, from 1 June 2023. The current contract, signed on 1 June 2023, is AED 45,000 a year: a gross yield of 6.7% on the 2024 price.

Sales and rents for G5 over time

Sales
Unit G5, each saleTypical one-bed in Avencia 2
550K600K650K2019202120232025Typical sale price by year: 2019 AED 623,500; 2023 AED 566,000; 2024 AED 675,000Sold by developer, October 2019: AED 652,000 (AED 1,321 per sqft)Sold, April 2024: AED 675,000 (AED 894 per sqft)

G5 has sold twice; the dashed line is the one-bed median of each year in the building.

1-beds in Avencia 2, and where G5 sits

All 8 1-beds →
Recent 1-bed salesUnit no.Price (AED)Summary
1 Oct 2024570,000
16 Sep 2024850,000
31 Aug 20231,050,497
19 Jan 2023556,000
0 1-bed sales in the last 12 months

Avencia 2

Building

8 apartments, 1-bed in Damac Hills 2, completed in 2022 by DAMAC. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 58K /yr
Typical yield
Avencia 2, Damac Hills 2: prices, sales and rents →

G5, Avencia 2 in numbers

  • Sold twice: first on 6 October 2019 for AED 652,000, last on 25 April 2024 for AED 675,000 (AED 894 per sqft).
  • Rented since June 2023 on one Ejari contract, at AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2024 price is 6.7%.

Source: Dubai Land Department. Updated 25 April 2024.

Questions about G5, Avencia 2

What did unit G5 last sell for?

AED 675,000 on 25 April 2024: AED 894 per sqft for 755 sqft. The unit has 2 registered sales; the first was AED 652,000 in October 2019.

What is the rent for unit G5?

AED 45,000 a year on the contract signed on 1 June 2023.

How big is unit G5?

755 sqft (70.1 sqm): a one-bedroom apartment of Avencia 2 completed in 2022.

What is unit G5 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on G5, Avencia 2

Starts from the last sale price (AED 675K, 25 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 675,000
Deposit, UAE resident (20%)
AED 135,000
Deposit, non-resident (40%)
AED 270,000
Monthly over 25 years at 3.7%
AED 2,762

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