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APARTMENT FOR SALE IN AVENUE RESIDENCE 1, AVENUE RESIDENCE

Property details

Listed

3 months ago

Property Type

Apartment

Bedrooms

3 Beds

Bathrooms

4 Baths

Furnishing

Unfurnished

Area

1,559 ft²

Price per area

AED1,058/ft²

Service Charges

12.95 AED per sqft

Available from

14 Jul 2026


Amenities

Unfurnished

Balcony

Barbecue Area

Built in Wardrobes

Central A/C

Covered Parking

Shared Pool

Security

Concierge

Shared Gym


ideal shelters real estate offers this 3 Bed Apartment for Sale Avenue Residence 1, Al Furjan

Price: AED 1650000 (3BR units)
Size: 1,558 sq ft
Bedrooms: 3
Status: Ready / Rented


Prime Location & Connectivity


Short walk to Al Furjan Metro Station, providing seamless connectivity across Dubai (Ibn Battuta, Discovery Gardens, JLT, etc.) — ideal for tenants and commuters.
Close to Sheikh Zayed Road — quick access to key business districts and leisure hubs.
Opposite Nakheel Mall and multiple supermarkets, schools, and mosques — enhancing rental appeal.

Property Features

Spacious and functional layout with well-proportioned living & dining areas.
Balcony with community or pool views (unit dependent).
Built-in wardrobes & fitted kitchen (typical).
2 allocated parking spaces.
Ready for immediate occupancy or tenant takeover.


Building & Community Amenities


Avenue Residence 1 — Mid-rise residential block in Al Furjan:

Outdoor & adult/kids pools.
Fitness centre / gym.
24-hour security & CCTV.
Allocated & covered parking.


The project was completed in 2014 with quality Italian architectural design and reliable building facilities.


Investment Highlights & ROI

Strong Rental Demand: Proximity to metro and community amenities drives tenant demand in this segment.
Attractive Rental Yields: Market data indicates average cap rates around ~7.4% in Avenue Residence 1 (varies by unit size & rental conditions).
Price Growth: Al Furjan resale prices for 3-beds have been robust with increasing transaction volumes — signaling solid capital appreciation potential.

Why This Is a Strong Investment

Strategic location — walking distance to metro enhances rental uptake.
Lifestyle appeal — family-friendly community with retail, leisure & schools nearby.
Capital & rental growth potential — strong market interest and rising values in Al Furjan.

Regulatory information
Regulatory information

Reference

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