Avencia 5 rents
- 28 new leases and 17 renewals in 12 months
- DAMAC Hills 2
A one-bed here leases for about AED 57,000 a year, in line with the typical DAMAC Hills 2 one-bed. New tenants pay more than renewing ones, who pay AED 52,000.
1 bed · typical new lease
57,000AEDa year
AED 86/sqft · +3.6% on a year
- A month, roughly
- AED 4,750
- Renewal
- AED 52,000
- vs DAMAC Hills 2 1 bed
- In line with the median
- New leases, 12 months
- 28
What should a lease in Avencia 5 cost?A one-bed leases for about AED 57,000 a year; new tenants pay 9.6% 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 DAMAC Hills 2 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 one-bed here now costs 3.6% more than a year earlier: AED 57,000 against 55,000.
Chart data, 1 bed: 2023, AED 40,000; latest, 2026, AED 55,000; peak, 2025, AED 55,000.
The rent figures on this page are pooled from this building’s project, so no individual contract can be attributed to this tower.
About Avencia 5An apartment building in DAMAC Hills 2
Avencia 5 is an apartment building completed in 2022 by Front Line Investment Management in DAMAC Hills 2. 45 yearly leases, new and renewed, were registered with Ejari in the last 12 months.
The building, as registered
- Master developer
- Front Line Investment Management
Nearest, as registered
Letting a unit in Avencia 5?New tenants pay more than renewing ones
- New tenant vs renewal
- +9.6%
- New leases AED 57,000, renewals 52,000, all types
Ejari leases to 12 Oct 2026
Thinking of selling? Avencia 5 sale prices →Comparables in DAMAC Hills 2
Every DAMAC Hills 2 building with a page, ranked by annual rent per sqft over the same 12 months, all unit types. Avencia 5 places 10th of 14; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against Avencia 5.
At 1 bed, Avencia 5 ranks 3rd of 14 by rent per square foot in DAMAC Hills 2.
Market context in DAMAC Hills 2
Registered sales activity
151 ready apartment sales in the 12 months to 2026-10-12.
+5.3% in median AED/sqft versus the preceding year, supported by 151 current and 226 prior price observations.
Explore sales activityPlanned apartment projects
1,114 known registered units across 1 pending projects planned within one year of the 2026-07-06 register.
0 projects had already passed their planned date; 2 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
1,114 apartments are planned in DAMAC Hills 2 from 2026 to 2028, equal to 199% of the 561 homes let there today.
Ready prices per sqft fell in 10% of 10 buildings (counted once per bedroom type) in DAMAC Hills 2 with sales in both years; the typical one moved +8.1%.
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.
The Avencia towers
8 towers in DAMAC Hills (2) - Avencia, at the bedroom type above.
Ejari files DAMAC Hills (2) - Avencia’s leases under the project, not a tower, so every tower share one rent: the project figure above, counted once. Prices are each tower’s own registered sales.
DAMAC Hills (2): every development at this typeDAMAC Hills (2): every development at this type
Medians of registered sales and new Ejari leases in the 12 months to 12 Oct 2026, pooled across each development’s towers at 1 bed. A median needs 3 rows; a dash with a count means fewer. Developments sharing a name are grouped under it; DLD itself records no such parent.
More from Front Line Investment Management
Viridis A
DAMAC Hills 2 · 163 contracts, 12 months
40,000
AED a year median · 83/sqft
Viridis B
DAMAC Hills 2 · 163 contracts, 12 months
40,000
AED a year median · 83/sqft
Viridis C
DAMAC Hills 2 · 163 contracts, 12 months
40,000
AED a year median · 83/sqft
Viridis D
DAMAC Hills 2 · 163 contracts, 12 months
40,000
AED a year median · 83/sqft
Nearby in DAMAC Hills 2
Prices per sq ft around Avencia 5, on the mapPrices per sq ft around Avencia 5, on the map
Viridis D
DAMAC Hills 2 · 163 contracts, 12 months
40,000
AED a year median · 83/sqft
Viridis B
DAMAC Hills 2 · 163 contracts, 12 months
40,000
AED a year median · 83/sqft
Viridis C
DAMAC Hills 2 · 163 contracts, 12 months
40,000
AED a year median · 83/sqft
Viridis A
DAMAC Hills 2 · 163 contracts, 12 months
40,000
AED a year median · 83/sqft
Ask about Avencia 5
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Common questions
- What is the registered annual rent for a 1 bedroom in Avencia 5?
- The median new annual rent is AED 57,000, from 28 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 Avencia 5 risen or fallen?
- The median new annual rent changed +3.6% in the trailing 12 months against the previous 12, using 28 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 Avencia 5 pay more than sitting ones?
- A new tenant pays +9.6% against a renewing one, across 17 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.
- What is the rental yield in Avencia 5?
- No gross yield is published for Avencia 5 as of 2026-10-12: its Ejari contracts are registered at project level, not for this tower. In the last 12 months it had 0 registered sales and 28 new Ejari contracts; a published yield needs at least 5 new contracts and 3 sales. The DAMAC Hills 2 median is 8.2% gross.
For agents
Send this page to a client as a branded report
Avencia 5 rental record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 28 registered rental contracts in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts
- Canonical record
- /rent/apartments/dubai/damac-hills-2/avencia-5
Cite as: Dubai Wealth Index. “Avencia 5 rents and yield.” DAMAC Hills 2, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/rent/apartments/dubai/damac-hills-2/avencia-5
Stable dataJSON