Avenue Residence 1 in Al Furjan - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Rents in Avenue Residence 1

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
2	211	545	115,000

The cap rate (rental yield) of investments into Avenue Residence 1 project is 4.6% on average.

The price of an apartment in Avenue Residence 1 is 11,891 AED/sqm on average.

The long term rent of an apartment in Avenue Residence 1 is 545 AED/sqm/year on average.

Rent for 2 bedroom apartment in Avenue Residence 1 is 115,000 AED or 545 AED/sqm.

About Avenue Residence 1

'Avenue Residence 1' in 'Al Furjan' area project description

Avenue Residence1 is a luxurious residential project located in the heart of Dubai. It is a unique development that offers an exclusive lifestyle to its residents. The project is situated in the Al Barsha area, which is one of the most sought-after locations in Dubai. It is close to major attractions such as the Dubai Mall, Burj Khalifa, and the Palm Jumeirah.

The project is developed by the renowned real estate developer, Dubai Properties. It offers a range of luxurious apartments and penthouses with modern amenities and features. The apartments are designed to provide the utmost comfort and convenience to its residents. The project offers a variety of one, two, and three bedroom apartments with sizes ranging from 890 to 1,890 sq. ft. The apartments are equipped with modern amenities such as a fully-fitted kitchen, spacious living areas, and balconies with stunning views of the city.

The project also offers a range of amenities and facilities to its residents. These include a swimming pool, gymnasium, sauna, steam room, and a children’s play area. There is also a 24-hour concierge service and a secure parking area. The project also offers a range of recreational activities such as a jogging track, tennis court, and a basketball court.

Avenue Residence1 is a perfect choice for those looking for a luxurious lifestyle in the heart of Dubai. It offers a range of modern amenities and features, as well as a range of recreational activities. The project is close to major attractions and is an ideal choice for those looking for a luxurious lifestyle in the city.

Q&A on Avenue Residence 1

What are the advantages of 'Avenue Residence 1' project in Dubai for property buyers? What are the disadvantages?

1. Prime Location: Avenue Residence1 is located in the heart of Dubai, offering easy access to the city’s major attractions and amenities.

2. Luxury Amenities: The project offers a range of luxurious amenities, including a swimming pool, fitness centre, and a rooftop terrace.

3. Affordable Prices: Avenue Residence1 offers competitive prices for its apartments, making it an attractive option for real estate buyers.

4. High Quality Construction: The project is built to the highest standards, ensuring that buyers get a quality product.

5. Flexible Payment Plans: Avenue Residence1 offers flexible payment plans, making it easier for buyers to purchase their desired property.

What projects are better than 'Avenue Residence 1' project in Dubai which are located close by, and why?

- The Pulse
- Located in Dubai South, it offers a mixed-use community with residential, commercial, and retail spaces.
- Proximity to Expo 2020 site provides potential for appreciation and higher rental returns.
- Comprehensive amenities including parks, sports courts, and swimming pools.

- Al Furjan Villas and Townhouses
- Offers a more spacious and private living experience compared to apartment complexes.
- Developed by Nakheel, ensuring quality and timely delivery.
- Close-knit community with landscaped gardens and children's play areas.

- Discovery Gardens
- Larger community with extensive green spaces and themed gardens.
- Wide variety of apartment sizes and layouts to choose from.
- Established amenities such as metro access, supermarkets, and dining options.

- Murooj Al Furjan
- Newer project with modern, high-end finishes and spacious layouts.
- Community-focused facilities including parks, clubhouses, and outdoor sports amenities.
- Sustainable design practices and energy-efficient systems.

- East 40 by TownX
- Boutique development offering modern, high-spec apartments.
- Limited number of units enhances exclusivity and privacy.
- Premium facilities including rooftop pool, gym, and concierge services.

- AZIZI Tulip Residence
- Offers a range of unit sizes and types with premium finishes.
- Proximity to commercial hubs and public transport.
- Comprehensive residential amenities including fitness centers and swimming pools.