PropertyIndex

Avenue Residence 2

Completed · Q1 2017|96 units · 1 building

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Avenue Residence 2 is a completed apartment development by NABNI REAL ESTATE DEVELOPMENT L.L.C in Al Furjan, Jabal Ali First, comprising 96 registered units. 146 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,225 per sqft. At AED 1,225 per sqft, Avenue Residence 2 prices 11% below the Al Furjan average of AED 1,378 per sqft on registered sales.

PIX© price · 11.2% YoY
1.67MAED
Typical
1,225AED
PSF
Gross yield
5.9%
PIX© rent ÷ PIX© price
Sale records
146
DLD · all time
Rent contracts
503
Ejari · all time
Avenue Residence 2

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
812 – 3,480 sqft
961.67M1,22511.2%99K5.9%
Residential
1 Bed · Apartment
833 – 1,165 sqft
22
2 Bed · Apartment
1,102 – 2,680 sqft
53
3 Bed · Apartment
1,955 – 3,480 sqft
20
Commercial
Shop
812 sqft
1
Sales — Project-Wide146 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
30 Apr 20261 BedFloor 48811,170,0001,328+64.8%StandardStandard Sale
27 Apr 20263 BedFloor 102,0192,600,0001,288+75.1%StandardStandard Sale
2 Feb 20261 BedFloor 108351,300,0001,557+62.5%StandardStandard Sale
Rentals — Project-Wide503 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Floor Analysis
last 24 months
Median Rent / Yr · 94 rentals
Floors 1-5 · 45 rentals
Floors 6-10 · 49 rentals
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
1 Aug 20261 BedFloor 288163,000720.0%Standardrenewal
10 Jul 20262 BedFloor 21,22890,00073-10.0%Entry Levelnew
9 Jul 20261 BedFloor 688171,500810.0%Standardnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Al Furjan

The closest-priced registered projects in Al Furjan.

Common questions about Avenue Residence 2

Answered from Dubai Land Department registered transactions.

How much does a property in Avenue Residence 2 cost?

Property in Avenue Residence 2 sells at a current PIX© price of AED 1,225 per sqft, or about AED 1,668,240 for a typical unit, based on 146 sales registered with the Dubai Land Department.

Is Avenue Residence 2 completed?

Yes. Avenue Residence 2 is recorded as completed in the Dubai Land Department project register (completed q1 2017).

Who is the developer of Avenue Residence 2?

Avenue Residence 2 is developed by NABNI REAL ESTATE DEVELOPMENT L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Avenue Residence 2?

Avenue Residence 2 yields 5.9% gross, calculated from current PIX© rent against current PIX© sale price, across 503 registered Ejari contracts.

How many units are in Avenue Residence 2?

Avenue Residence 2 holds 96 registered units, per the Dubai Land Department unit register.

Have prices in Avenue Residence 2 gone up or down?

Price per sqft has risen +11.2% over the last 12 months, to AED 1,225, across 146 registered sales.