PropertyIndex

Avenue Residence 1

Completed|99 units · 1 building

Avenue Residence 1 is a completed development by NABNI REAL ESTATE DEVELOPMENT L.L.C in Al Furjan, comprising 99 registered units. 303 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,062 per sqft. At AED 1,062 per sqft, Avenue Residence 1 prices 7% below the Al Furjan median of AED 1,148 per sqft on registered sales.

PIX© price · 2.8% YoY
1.61MAED
Typical
1,062AED
PSF
Gross yield
6.3%
PIX© rent ÷ PIX© price
Sale records
303
DLD · all time
Rent contracts
750
Ejari · all time
Exclusive to PropertyIndex©

PIX© Unit History

Pick a building and floor, or select a position in any table below, to follow one unit through every registered owner and tenant.

Floor
Units on floor 8

2 Bed on Floor 8, Avenue Residence 1

Size
Record
Sep 2013 to Feb 2025
Owners
5
Tenants
5
Price change
Yield on cost
Sale price by owner
PartyDatePrice / RentAEDPSFvs priorHeldNote
5Tenant 515 Feb 202512 mo
Owner 5
4Tenant 41 Jan 202414 mo
Renewal
Owner 5
4Tenant 41 Jan 202312 mo
Renewal
Owner 5
4Tenant 41 Jan 202212 mo
Owner 5
5Owner 51 Jul 20215.2 yrs
Current owner
Sold with tenant in place
3Tenant 31 Mar 202022 mo
Owner 4
2Tenant 21 Jan 201812 mo
Owner 4
4Owner 429 May 20165.1 yrs
1Tenant 11 Jan 201512 mo
Owner 3
3Owner 313 Oct 201420 mo
Transferred without a registered sale
2Owner 226 Feb 20148 mo
1Owner 125 Sep 20135 mo
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2 Bed · Floor 8 · Avenue Residence 1
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Avenue Residence 1

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
991.61M1,0622.8%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-Wide303 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
DateUnit No.BedsPositionSizePricePSFvs Prior SaleTierType
8 Jun 20262 BedAvenue Residence 1 · Floor 51,4861,500,0001,009+13.8%StandardStandard Sale
13 Mar 20261 BedAvenue Residence 1 · Floor 28111,030,0001,270+8.4%StandardStandard Sale
28 Jan 20262 BedAvenue Residence 1 · Floor 41,564692,008442CompletionStandardStandard Sale
Rentals - Project-Wide750 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Latest contracts
Start DateUnit No.BedsPositionSizeRent / YrRent PSFvs Prior RentTierType
14 Jul 20272 BedAvenue Residence 1 · Floor 31,19179,78167-StandardCONTRACT
10 Oct 20263 BedAvenue Residence 1 · Floor 71,559104,50067-StandardCONTRACT
10 Sep 20262 BedAvenue Residence 1 · Floor 91,30495,00073-StandardCONTRACT

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 1

Answered from Dubai Land Department registered transactions.

How much does a property in Avenue Residence 1 cost?

Property in Avenue Residence 1 sells at a current PIX© price of AED 1,062 per sqft, or about AED 1,607,032 for a typical unit, based on 303 sales registered with the Dubai Land Department.

Is Avenue Residence 1 completed?

Yes. Avenue Residence 1 is recorded as completed in the Dubai Land Department project register.

Who is the developer of Avenue Residence 1?

Avenue Residence 1 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 1?

Avenue Residence 1 yields 6.3% gross, calculated from current PIX© rent against current PIX© sale price, across 750 registered Ejari contracts.

How many units are in Avenue Residence 1?

Avenue Residence 1 holds 99 registered units, per the Dubai Land Department unit register.

Have prices in Avenue Residence 1 gone up or down?

Price per sqft has fallen -2.8% over the last 12 months, to AED 1,062, across 303 registered sales.