PropertyIndex

Avenue Residence 5

Under Construction · 91%|85 units · 1 tower

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Avenue Residence 5 is an under-construction apartment development by NABNI REAL ESTATE DEVELOPMENT L.L.C in Al Furjan, Jabal Ali First, comprising 85 registered units. 119 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,570 per sqft. At AED 1,570 per sqft, Avenue Residence 5 prices 14% above the Al Furjan average of AED 1,378 per sqft on registered sales.

PIX© price · 38.1% YoY
1.80MAED
Typical
1,570AED
PSF
Gross yield
6.1%
PIX© rent ÷ PIX© price
Sale records
119
DLD · all time
Rent contracts
40
Ejari · all time
Avenue Residence 5

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
629 – 2,397 sqft
851.80M1,57038.1%111K6.1%
1 Bed · Apartment
629 – 1,745 sqft
35
2 Bed · Apartment
1,081 – 2,397 sqft
41
3 Bed · Apartment
2,170 – 2,184 sqft
9
Sales — Project-Wide119 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
3 Apr 20261 BedFloor 108001,320,0001,651+21.8%PremiumPayment Plan Sale
31 Mar 20261 BedFloor 78421,310,0001,555+14.6%PremiumLease-to-Own
24 Feb 20262 BedFloor 71,3902,250,0001,619+40.7%PremiumStandard Sale
Rentals — Project-Wide40 Ejari contracts
PIX© rent analysis
All time
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
1 Aug 20261 BedFloor 983883,885100Entry Levelnew
25 Jul 20261 BedFloor 462975,000119-11.8%Entry Levelnew
18 Jul 20262 BedFloor 11,460110,00075-15.4%Entry Levelnew

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 5

Answered from Dubai Land Department registered transactions.

How much does a property in Avenue Residence 5 cost?

Property in Avenue Residence 5 sells at a current PIX© price of AED 1,570 per sqft, or about AED 1,798,082 for a typical unit, based on 119 sales registered with the Dubai Land Department.

When is Avenue Residence 5 handing over?

Avenue Residence 5 is under construction, and is 91% complete against the Dubai Land Department's reported progress.

Who is the developer of Avenue Residence 5?

Avenue Residence 5 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 5?

Avenue Residence 5 yields 6.1% gross, calculated from current PIX© rent against current PIX© sale price, across 40 registered Ejari contracts.

How many units are in Avenue Residence 5?

Avenue Residence 5 holds 85 registered units, per the Dubai Land Department unit register.

Have prices in Avenue Residence 5 gone up or down?

Price per sqft has risen +38.1% over the last 12 months, to AED 1,570, across 119 registered sales.