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Avenue Residence 4 in Al Furjan - Dubai residental property project

Cap rates, sales prices, rents and deal volumes



Rents in Avenue Residence 4

RoomsSize, sqmRent, AED/sqm/ yearRent, AED
1781,14289,100
21141,096125,000

The cap rate (rental yield) of investments into Avenue Residence 4 project is 6.8% on average.

The price of an apartment in Avenue Residence 4 is 16,644 AED/sqm on average.

The long term rent of an apartment in Avenue Residence 4 is 1,123 AED/sqm/year on average.

Rent for 1 bedroom apartment in Avenue Residence 4 is 89,100 AED or 1,142 AED/sqm.
Rent for 2 bedroom apartment in Avenue Residence 4 is 125,000 AED or 1,096 AED/sqm.

About Avenue Residence 4

'Avenue Residence 4' in 'Al Furjan' area project description

Avenue Residence 4 is a premium 12-storey residential development in Al Furjan, Dubai, offering 1-, 2-, and 3-bedroom apartments designed for modern family living. Developed by Nabni Real Estate Development, a UAE-based firm with over 20 years of experience in contemporary communities, the project features interiors crafted by Italian architects using high-end materials like marble, stainless steel, gold-plated finishes, European porcelain tiles, and premium Siemens appliances.

Construction progressed fully across sub-structure, structural work, MEP, and finishing stages by August 2024, with completion targeted for Q1-Q2 2024. The building layout includes a ground-floor lobby and concierge, a podium level for private parking, and 10 residential floors housing 96 to 135 units ranging from 77 m² to 168 m². One-bedroom apartments span 77-86 m², two-bedroom units 118-141 m² (some with maid's room), and three-bedroom suites 168 m² (with maid's room standard). Units boast open-plan kitchens, spacious balconies with lush garden views, chiller-free air-conditioning, central heating, and one-year kitchen equipment warranty.

Amenities elevate daily life with a state-of-the-art Technogym fitness center, swimming pool for adults and children, barbecue area, dedicated kids' play zone, 24/7 security, and maintenance support. These facilities blend seamlessly into the community-focused design, promoting wellness and recreation.

Strategically located on Ibn Battuta Street in Al Furjan, the project sits between Sheikh Zayed Road (E11) and Sheikh Mohammed Bin Zayed Road (E311) for swift connectivity. It is a 5-7 minute walk to Al Furjan Metro Station, 5 minutes to Ibn Battuta Mall, Carrefour Market, and Spinneys supermarkets, and 10 minutes to Dubai Marina or Mall of the Emirates. Educational options like Arcadia Global School (7-minute walk), Dubai British School, and The Arbor School lie within 10 minutes. Downtown Dubai and Dubai International Airport are 30 minutes away. To reach the beach, head to JBR Beach (15 minutes by car) or Palm Jumeirah (17 minutes via E11).

Nearby projects enhance the vibrant neighborhood, including other phases of Avenue Residence and complementary residential buildings in Al Furjan, fostering a dynamic community with retail, dining, and leisure access. This development delivers sophisticated urban living in one of Dubai's most connected family-oriented areas.



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