Avenue Residence 1 rents
- 34 new leases and 24 renewals in 12 months
- 99 units
- Al Furjan
- near Ibn Battuta Metro Station
A two-bed here leases for about AED 95,000 a year, 6% below the typical Al Furjan two-bed. New tenants pay more than renewing ones, who pay AED 85,000.
2 bed · typical new lease
95,000AEDa year
AED 70/sqft · +11.8% on a year
- A month, roughly
- AED 7,917
- Renewal
- AED 85,000
- vs Al Furjan 2 bed
- 6% below the median
- New leases, 12 months
- 27
What should a lease in Avenue Residence 1 cost?A two-bed leases for about AED 95,000 a year; new tenants pay 11.8% more than renewing ones
Median annual rent, AED a year, on Ejari leases starting in the 12 months to 12 Oct 2026. Renewal is blank where too few were registered; “typical” is the Al Furjan median for the type.
Ask an agent about this rent →Rent history and contracts
Every contract registered with Ejari — data to 2026-10-12.
A two-bed here now costs 11.8% more than a year earlier: AED 95,000 against 85,000.
Chart data, 2 bed: 2015, AED 105,000; latest, 2027, AED 80,000; peak, 2015, AED 105,000.
3 contracts starting on or after 12 Oct 2025.
About Avenue Residence 1A 10-floor tower in Al Furjan, a 13-minute drive from Dubai Marina
Avenue Residence 1 is an apartment building completed in 2014 in Al Furjan with 99 registered units. 58 yearly leases, new and renewed, were registered with Ejari in the last 12 months.
The building, as registered
- Service charge
- Paid by the landlord · AED 18.14/sqft a year
- Floors
- 10
Drive times · typical
- Downtown
- 27 min · 28 km
- DXB Airport
- 31 min · 40 km
- DIFC
- 23 min · 31 km
- Dubai Marina
- 13 min · 8.8 km
- Palm Jumeirah
- 23 min · 19 km
Nearest, as registered
- Metro
- Ibn Battuta Metro Station
- Mall
- Ibn-e-Battuta Mall
- Landmark
- Sports City Swimming Academy
Letting a unit in Avenue Residence 1?New tenants pay more than renewing ones
- New tenant vs renewal
- +7.3%
- New leases AED 95,000, renewals 88,500, all types
- Short-let instead, one-bed
- AED 421
- a night on Airbnb; nets 1.0× the yearly rent at 70% occupancy, after fees, cleaning and utilities
Ejari leases to 12 Oct 2026 · Airbnb asking rates for the next 12 months; occupancy is an assumption, not a measurement
Thinking of selling? Avenue Residence 1 sale prices →Comparables in Al Furjan
Every Al Furjan building with a page, ranked by annual rent per sqft over the same 12 months, all unit types. Avenue Residence 1 places 46th of 49; the nearest 7 are shown.
Rank 1 is the dearest per square foot. Differences are against Avenue Residence 1.
At 2 bed, Avenue Residence 1 ranks 36th of 41 by rent per square foot and 18th of 30 by gross yield in Al Furjan.
Market context in Al Furjan
Registered sales activity
888 ready apartment sales in the 12 months to 2026-10-12.
+3.6% in median AED/sqft versus the preceding year, supported by 888 current and 1,131 prior price observations.
Explore sales activityPlanned apartment projects
1,559 known registered units across 16 pending projects planned within one year of the 2026-07-06 register.
4 projects had already passed their planned date; 5 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
2,553 apartments are planned in Al Furjan from 2026 to 2028, equal to 26% of the 9,866 homes let there today.
Ready prices per sqft fell in 15% of 41 buildings (counted once per bedroom type) in Al Furjan with sales in both years; the typical one moved +4.0%.
New-lease rents fell in 56% of 59 buildings (counted once per bedroom type) with leases in both years; the typical one moved −1.2%.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
Nearby in Al Furjan
Prices per sq ft around Avenue Residence 1, on the mapPrices per sq ft around Avenue Residence 1, on the map
Starz Tower 2
Al Furjan · 199 contracts, 12 months
50,000
AED a year median · 105/sqft
Starz Tower 1
Al Furjan · 199 contracts, 12 months
50,000
AED a year median · 105/sqft
Prime Residency 3
Al Furjan · 176 contracts, 12 months
50,000
AED a year median · 111/sqft
Glamz Residence Tower 1
Al Furjan · 165 contracts, 12 months
50,000
AED a year median · 107/sqft
Ask about Avenue Residence 1
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Common questions
- What is the registered annual rent for a 2 bedroom in Avenue Residence 1?
- The median new annual rent is AED 95,000, from 27 Ejari contracts in the trailing 12 months to 2026-10-12. These contracts cover the project, not this tower alone. Compare the same bedroom type; floor, view and condition can change an individual rent.
- Have registered rents in Avenue Residence 1 risen or fallen?
- The median new annual rent changed +11.8% in the trailing 12 months against the previous 12, using 27 new Ejari contracts in the current period to 2026-10-12. Different homes can appear in the two periods; this is not the change on an individual tenancy.
- Do new tenants in Avenue Residence 1 pay more than sitting ones?
- A new tenant pays +11.8% against a renewing one, across 13 renewal contracts in the last 12 months. This compares different new and renewal contract groups, not the same tenancy before and after a move. It is not a permitted rent increase or a guaranteed gain.
- How many apartments change hands in Avenue Residence 1?
- 4 sales were registered with the Dubai Land Department in the last 12 months, alongside 27 Ejari rental contracts. Every median on this page rests on those counts.
- Which metro station is closest to Avenue Residence 1?
- Ibn Battuta Metro Station, per the Dubai Land Department's own nearest-landmark fields. The nearest mall is Ibn-e-Battuta Mall.
For agents
Send this page to a client as a branded report
Avenue Residence 1 rental record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 27 registered rental contracts in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
- Canonical record
- /rent/apartments/dubai/al-furjan/avenue-residence-1
Cite as: Dubai Wealth Index. “Avenue Residence 1 rents and yield.” Al Furjan, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/al-furjan/avenue-residence-1
Stable dataJSON