2 bedroom, Avenue Residence 2 tower
Dubai, Al Furjan, Avenue Residence 2
Metro station
7-min walk
102 m²
Property area
2017
Construction year
10 out of 10
Floor
3
Bathroom(s)
Built-in wardrobes
Underground parking
Security
Swimming pool
Spa area
Balcony
AC
Stunning views
Kitchen appliances
Gym
$326 027 ($3 182/m²)
1 190 000 AED
Rental yield: 7,52%
Price growth rate per year: 8,6%
TOTAL INVESTMENT AMOUNT: $368 828
  • Unit price: $326 027
  • Renovation price: $2 740
  • Furnishings: $10 959
  • Commission: $6 847
  • DLD fee payment: $13 200
  • Transaction registration: $1 151
  • Transaction legal support: $2 192
  • Power of attorney: $822
  • Manager cheque: $4 890

TOTAL RENTAL YIELD PER YEAR: $44 384
  • Rent payment: $3 699 (per month) / $44 384 (per year)

EXPENSES PER YEAR: $16 662
  • Service charge: $3 478
  • Utilities: $1 973
  • Internet: $1 266
  • AC: $2 959
  • AC maintenance: $329
  • Management commission: $6 658

NET RENTAL YIELD PER YEAR: $27 722
or 7,52%
Avenue Residences 2 is a 10 storey building built in 2017 and developed by Al Jaziri Developments. The building is located in a quiet and peaceful neighborhood of Al Furjan with green walking areas and AL Furjan Pavilion with stores, restaurants, sports fields and children's playground. Finished with premium materials and fittings, marble and wood textures emphasize elegance and create comfort.

7-minute walk to Discovery Gardens metro station.

● 2 bedrooms
● 3 bathrooms
● Large balcony with city views
● Area: 102 sq. m.
● Floor (out of 10)
● Unfurnished
● Large open kitchen with quality fittings
● 1 parking space
● Vacant

Key tower features:
● Swimming pool
● Gym
● Children's room
● Proximity to the subway
Al Furjan is a residential area located in the south of Dubai. The name originated from the Arabic word which signifies “a collection of houses” or “a small village”. Al Furjan is located in the Jebel Ali area close to the major roads like Sheikh Zayed Road and Sheikh Mohammed Bin Zayed Road. The community is also situated near the largest business and commercial centers such as Dubai Marina and JLT, for example.

The district is famous for its landscaped & planted-up areas and green spaces that create a nice air for the residents. Parks and various recreational zones grant an opportunity of recreational outdoor activities and relaxation.