PropertyIndex

Avenue Residence1

Completed · Q3 2014|99 units · 1 building

Alerts: Get notified of every new DLD-registered sale and rental contract.

Avenue Residence1 is a completed apartment development by NABNI REAL ESTATE DEVELOPMENT L.L.C in Al Furjan, Jabal Ali First, comprising 99 registered units. 312 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,050 per sqft. At AED 1,050 per sqft, Avenue Residence1 prices 24% below the Al Furjan average of AED 1,378 per sqft on registered sales.

PIX© price · 3.8% YoY
1.59MAED
Typical
1,050AED
PSF
Gross yield
6.3%
PIX© rent ÷ PIX© price
Sale records
312
DLD · all time
Rent contracts
743
Ejari · all time
Avenue Residence1

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
811 – 3,267 sqft
991.59M1,0503.8%100K6.3%
1 Bed · Apartment
811 – 1,149 sqft
10
2 Bed · Apartment
1,025 – 3,187 sqft
69
3 Bed · Apartment
1,557 – 3,267 sqft
20
Sales — Project-Wide312 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
8 Jun 20262 BedFloor 51,4861,500,0001,009+13.8%StandardStandard Sale
13 Mar 20261 BedFloor 28111,030,0001,270+8.4%StandardStandard Sale
28 Jan 20262 BedFloor 41,564692,008442CompletionStandardStandard Sale
Rentals — Project-Wide743 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 · 109 rentals
Floors 1-7 · 74 rentals
Floors 8-10 · 35 rentals
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
14 Jul 20272 Bed1,19180,00067Standardnew
1 Aug 20261 BedFloor 281175,000930.0%Entry Levelnew
1 Aug 20261 BedFloor 281175,000930.0%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 Residence1

Answered from Dubai Land Department registered transactions.

How much does a property in Avenue Residence1 cost?

Property in Avenue Residence1 sells at a current PIX© price of AED 1,050 per sqft, or about AED 1,589,822 for a typical unit, based on 312 sales registered with the Dubai Land Department.

Is Avenue Residence1 completed?

Yes. Avenue Residence1 is recorded as completed in the Dubai Land Department project register (completed q3 2014).

Who is the developer of Avenue Residence1?

Avenue Residence1 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 Residence1?

Avenue Residence1 yields 6.3% gross, calculated from current PIX© rent against current PIX© sale price, across 743 registered Ejari contracts.

How many units are in Avenue Residence1?

Avenue Residence1 holds 99 registered units, per the Dubai Land Department unit register.

Have prices in Avenue Residence1 gone up or down?

Price per sqft has fallen -3.8% over the last 12 months, to AED 1,050, across 312 registered sales.