Avenue Residence 1
- Completed 2014
- 99 units
- 10 floors
A 2 bed in Avenue Residence 1 costs a median AED 1.47M and rents long-let for AED 95,000/yr (6.5% gross).
2 bed · typical price
1.47MAED
AED 1,011/sqft
- Rent a year
- AED 95,000
- Yield after service charge
- 4.7%
- vs Al Furjan
- 24% below the median
Cost to buy, all inAED 1.56M
- Price
- AED 1.47M
- DLD fee 4%
- AED 58,800
- Agent 2% + VAT
- AED 30,870
- Trustee
- AED 4,200
Fees repaid by net rent16 months
Is Avenue Residence 1 a good investment?Fair on every measure with a record
- Does it pay a good rent?6.5% gross, 4.7% after the service charge (Dubai median 6.8%)6.5%Fair
- Are rents going up?New 2 bed leases: AED 85,000 a year ago, AED 95,000 now (pooled across the project)+11.8%
- Are prices going up?All types: AED 1,011/sqft a year ago, 1,013 now+0.2%Fair
- How fast do fees pay back?AED 93,870 in fees to buy a 2 bed; net rent covers it in 1.4 years1.4 yrsFair
- Can I sell easily?5 sales in 12 months, 5% of the tower (14 the year before)5Fair
- Is a lot being built nearby?2,553 apartments are planned in Al Furjan from 2026 to 2028, equal to 26% of the 9,866 homes let there today. A further 402 are past their planned date. Al Furjan supply by year →26%Fair
- Did earlier buyers gain?Up 88% for buyers 5 years ago; up 28% for launch buyers, before fees+87.9%Context
Readings use published thresholds · 2 bed figures, the most traded type · Data to 12 Oct 2026
Avenue Residence 1 prices and rents by unit typeA two-bed costs about AED 1.47M and rents for about AED 95,000 a year
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
2 bed · price per sqft · Al Furjan · area median AED 1,325/sqft
- vs area median
- -23.7%
- Rank by price per sqft
- 57th of 59
- Off-plan price gain, 2013–2014
- +28.8% · +2.0%/yr
Rental income
2 bed · Al Furjan
- Gross yield
- 6.5%
- Median new rent
- AED 95,000/yr
- Yield vs area median
- -0.1 pts
- Yield vs Dubai (6.8%)
- -0.3 pts
- Yield rank
- 18th of 30
- Renewal rent
- AED 85,000/yr
- New tenants pay vs sitting (13 renewals)
- +11.8%
Read with care
- Rental data covers the whole Avenue RESIDENCE1 project, not this tower alone.
- Thin sample — 4 sales in 12 months. Treat these figures as indicative.
Price history and sales
As filed with the Land Department — data to 2026-10-12.
Sale price, AED (right axis) Rent on new leases, AED a year (left axis)
Chart data, 2 bed: Sep 2013, AED 1,010,710; latest, Jun 2026, AED 1,500,000; peak, Jun 2026, AED 1,500,000. Rent on new leases: Mar 2013, AED 65,000 a year; latest, Jun 2026, AED 96,000.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 1,013 · before fees
- Launch, 2013–14
- 790
- +28%
- 129 sales
- 5 years ago
- 539
- +88%
- 2 sales
- 3 years ago
- 834
- +21%
- 11 sales
- Previous 12 months
- 1,011
- 0%
- 14 sales
- Last 12 months
- 1,013
- today
- 5 sales
The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.
5 resales in the last 12 months, against 11 a year on average over 2023–2025.
5 resales in the last 12 months.
Short-term rates around Avenue Residence 1
Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.
Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.
Nightly rate through the yearNightly rate through the year
Comparables in Al Furjan
Every Al Furjan building with a page, ranked by price per sqft over the same 12 months, all unit types. Avenue Residence 1 places 88th of 90; the nearest 6 are shown.
Rank 1 is the dearest per square foot. Differences are against Avenue Residence 1 (AED 1,013/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
At 2 bed, Avenue Residence 1 has registered sale prices 24% below the Al Furjan median price per square foot of 1,325 AED, across 59 eligible buildings. It ranks 57th of 59 by price 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.
About Avenue Residence 1
Avenue Residence 1 is an apartment building completed in 2014 in Al Furjan with 99 registered units. 74 sales are registered with the Dubai Land Department.
The building, as registered
- Service charge
- AED 18.14/sqft a year · 2026 budget
- 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
Avenue Residence 1: AED 1,013 per sq ft, 23% below the median Al Furjan building, and a 6.6% gross yield, below the area's median building
The building's own figures against its area's registered market, last twelve months.
Price per sq ft
Median registered sale price, AED per sq ft, last 12 months
- Avenue Residence 1AED 1,013
- Al Furjan, readyAED 1,284
- Al Furjan, off-planAED 1,464
- Dubai, readyAED 1,421
Gross yield against the area's buildings
Axis: gross yield, % of price
Avenue Residence 1Al Furjan median building
- Al Furjan6.6% vs 6.6%
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
AZIZI Central
Al Furjan · 87 sales, 12 months
1.57M
AED, resale median · 1,171/sqft
Azizi Zain
Al Furjan · 81 sales, 12 months
1.51M
AED, resale median · 1,167/sqft
Raffi by Azizi
Al Furjan · 68 sales, 12 months
591,920
AED, resale median · 1,694/sqft
Azizi Samia
Al Furjan · 33 sales, 12 months
815,000
AED, resale median · 1,062/sqft
Before you decide
The facts that can change the return, each with the date it rests on.
- Sales and rents toOn record
- Sales evidence · 2 bedRead with care
- Rental evidence · 2 bedRead with care
- Service chargeAED 18.14/sqft a year, 2026 owners-association budget; 4.7% yield after it. Confirm against the latest invoice.On record
- Project registerOn record
- Building recordOn record
- Costs not includedNot in the yield
Rent or buy
What owning a 2 bed here costs against renting it, at stated assumptions you can change.
Monthly cost of owning against renting, with your own deposit and rateMonthly cost of owning against renting, with your own deposit and rate
Prefilled from Avenue Residence 1’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.
More assumptionsFewer assumptions
The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.
- Monthly mortgage
- 6,537AED
- 4.5% over 25 years
- Monthly rent
- 7,917AED
- AED 95,000 a year
- Cash needed at purchase
- 405,570AED
- 20% down plus AED 111,570 in fees
Owning costs AED 343,447 less than renting over 5 years, once the sale is counted.
Buying overtakes renting in year 2.
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Common questions
- What is the rental yield in Avenue Residence 1?
- Avenue Residence 1 returns 6.5% gross: a median new-contract rent of AED 95,000 a year (27 Ejari contracts in 12 months) over a price benchmark of AED 1.47M (median of 4 sales in the last 12 months, latest Jun 2026), before service charge, agency fees or vacant months.
- How much does a 2 bedroom in Avenue Residence 1 cost?
- The median registered sale price is AED 1.47M (1,011 AED/sqft), from 4 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
- How does Avenue Residence 1 compare with Al Furjan?
- Its 6.5% gross yield sits -0.1 pts against the Al Furjan median of 6.5%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.
- 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.
For agents
Send this page to a client as a branded report
Avenue Residence 1 sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 4 registered sales 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
- /sale/apartments/dubai/al-furjan/avenue-residence-1
Cite as: Dubai Wealth Index. “Avenue Residence 1 sale prices and yield.” Al Furjan, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/al-furjan/avenue-residence-1
Stable dataJSON