Avenue Residence 1

P1 — Delivered Ready Secondary
Developer Nabni Real Estate Development L.L.C
Community Al Furjan
Property type Apartment
Data updated Mar 13, 2026

Avenue Residence 1 is a Delivered development by Nabni Real Estate Development L.L.C in Al Furjan. 99 units across 2 Bedroom (70%), 3 Bedroom (20%), 1 Bedroom (10%). Over the trailing 12 months, 311 sales at a median of AED 1,382,500.

Key Metrics
Median Price
Value
AED 1,382,500
Change
2.1% YoY
Transactions
Value
311
Change
10 in period
Price / sqft
Value
AED 1,044
Handover Status
Value
P1
Change
Delivered — ready sale recorded
Median Price
AED 1,382,500
↓ 2.1% YoY
Transactions
311
↑ 10 in period
Price / sqft
AED 1,044
Handover
P1
Delivered
Investment Analytics
Capital Return
Value
0.3%
Holding Period
Value
5.9 yrs
Liquidity
Value
10.0%
Ready Market Mix
Value
0.0%
Rental Activity
Value
57.0%
Capital Return
0.3%
Holding Period
5.9 yrs
Liquidity
10.0%
Ready Market Mix
0.0%
Rental Activity
57.0%

Rental Performance

Rental Volume
Value
715
Avg Annual Rent
Value
AED 82,227
New Leases
Value
57.8%
Renewals
Value
42.2%
Rental Volume
715
Avg Annual Rent
AED 82,227
New Leases
57.8%
Renewals
42.2%

Unit Mix

By bedroom type
1 Bedroom 10 units · 10%
2 Bedroom 69 units · 70%
3 Bedroom 20 units · 20%

Transaction Breakdown

All time — 311 transactions
Off-Plan Primary
99
Off-Plan Secondary
31
Ready Secondary
181

Price History

Median Price — Avenue Residence 1

Median prices in Avenue Residence 1 have declined significantly, down 43% to AED 1.0M over the past 7 months.

Recent Transactions

Showing last 10 of 311
Date Type Price (AED) Size (sqft) AED/sqft
Mar 13, 2026 RP Secondary 1,030,000 810 1,270
Jan 28, 2026 RP Secondary 692,008 782 884
Jan 16, 2026 RP Secondary 1,500,000 1,480 1,013
Oct 27, 2025 RP Secondary 1,440,000 1,303 1,104
Aug 15, 2025 RP Secondary 1,450,000 1,441 1,005
Aug 05, 2025 RP Secondary 1,130,000 1,028 1,098
Jun 20, 2025 RP Secondary 1,550,000 1,447 1,070
May 27, 2025 RP Secondary 1,325,000 1,303 1,016
Apr 23, 2025 RP Secondary 2,350,000 1,958 1,199
Apr 14, 2025 RP Secondary 1,270,000 1,296 979

This project is in Al Furjan

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