Avenue Residence 5 in Al Furjan - Dubai residental property project
Cap rates, sales prices, rents and deal volumes
Sales prices for off-plan (pre registration and delayed sell) properties in Avenue Residence 5
Rooms
Size, sqm
Sale price, AED/sqm
Sale price, AED
1
75
17,156
1,280,000
2
127
16,727
2,125,000
Sales prices for completed properties in Avenue Residence 5
Rooms
Size, sqm
Sale price, AED/sqm
Sale price, AED
1
75
17,426
1,300,000
Rents in Avenue Residence 5
Rooms
Size, sqm
Rent, AED/sqm/ year
Rent, AED
1
73
1,200
86,982
2
127
1,104
140,600
The cap rate (rental yield) of investments into Avenue Residence 5 project is 6.7% on average.
The price of an apartment in Avenue Residence 5 is 17,112 AED/sqm on average.
The long term rent of an apartment in Avenue Residence 5 is 1,134 AED/sqm/year on average.
Price for off-plan 1 bedroom apartment in Avenue Residence 5 is 1,280,000 AED or 17,156 AED/sqm. Price for off-plan 2 bedroom apartment in Avenue Residence 5 is 2,125,000 AED or 16,727 AED/sqm.
Price for completed 1 bedroom apartment in Avenue Residence 5 is 1,300,000 AED or 17,426 AED/sqm.
Rent for 1 bedroom apartment in Avenue Residence 5 is 86,982 AED or 1,200 AED/sqm. Rent for 2 bedroom apartment in Avenue Residence 5 is 140,600 AED or 1,104 AED/sqm.
About Avenue Residence 5
'Avenue Residence 5' in 'Al Furjan' area project description
Avenue Residence 5 is a premium residential development in Al Furjan, Dubai, offering 1, 2, and 3-bedroom apartments and penthouses. Developed by Nabni Real Estate Development under Al Jaziri Group, it embodies modern elegance with ultra-modern features in a culturally rich community.
Construction started after the sales launch on July 1, 2023, with progress at 90.6% as of January 2025 - sub-structure and structural work fully complete at 100%, MEP works at 90%, and finishing at 75%. Expected completion and handover is Q2-Q3 2025, specifically June 2025.
The project features a 12-storey building with spacious layouts - 1-bedroom units at 844 sq ft, 2-bedroom penthouses at 2,169 sq ft, and 3-bedroom penthouses at 2,286 sq ft. Architecture emphasizes premium infrastructure, blending opulence, comfort, and functional living spaces surrounded by lush green areas.
Amenities include landscaped parks, gymnasium, shared and infinity pools, kids play area, barbecue area, sports courts, mosque, cafe and restaurants, retail outlets, parking facility, and well-being/fitness zones. These create a serene yet vibrant lifestyle with easy access to schools, supermarkets, and health care centers.
Strategically located in Al Furjan near Sheikh Zayed Road, opposite Nakheel Mall (5 minutes) and Ibn Battuta Mall/metro station (1-5 minutes walk). It offers excellent connectivity - 10 minutes to Dubai Marina, 15 minutes to Mall of the Emirates, 18 minutes to Palm Jumeirah and The Walk JBR, 20 minutes to Burj Khalifa, 25 minutes to Dubai International Airport (DXB), and 26 minutes to Al Maktoum International Airport and Dubai Mall. To reach the beach, drive 10-18 minutes via Sheikh Zayed Road to Jumeirah Beach Residence (JBR) or Palm Jumeirah shores.
Nearby projects and landmarks enhance its appeal - across from Nakheel Mall and Ibn Battuta metro, close to Al Furjan metro (1 minute), with surrounding parks, sports courts, schools, and mosques. The area supports a balanced urban-rural vibe in Jebel Ali District, ideal for professionals and families seeking convenience and cultural immersion.