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Avenue Residence 1, Al Furjan

Avenue Residence 1, Al Furjan

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Al Furjan, Dubai

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Strengths

Modern architectural design

Prime location

Comprehensive amenities

Weakens

Limited parking space

Noisy environment

Higher maintenance fees

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Buildign Overview

Summary

  • Avenue Residence 1 is a modern residential building located in the vibrant community of Al Furjan, Dubai.
  • This well-appointed residence is surrounded by a range of amenities, including shopping centers, parks, and recreational areas.
  • It offers easy access to major roadways and public transport options, making commuting convenient for residents.
  • The building stands out among other nearby residences like Discovery Gardens and the vibrant community of Dubai Marina.

Properties Overview

  • Avenue Residence 1 encompasses a variety of residential units, including studios, 1-bedroom, and 2-bedroom apartments.
  • Rental prices generally range from AED 45,000 to AED 90,000 per year, depending on the unit size and view.
  • For buyers, the sale prices typically fluctuate between AED 650,000 and AED 1.5 million, reflecting the market demand.

Market Trends

  • Recent trends indicate a steady increase in rental prices in Al Furjan, with a year-on-year rise of approximately 5%.
  • The sales market is also showing signs of recovery, with a projected ROI of around 8% for investors.
  • Expect this trend to continue as developments in the surrounding area enhance property value.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents have easy access to local supermarkets, including Carrefour and Spinneys, for daily grocery needs.
  • Several reputed schools and nurseries are located nearby, such as Nord Anglia International School and Blossom Nursery.
  • Healthcare services are well catered for, with clinics and hospitals like NMC Hospital within a short distance.

Transportation and Accessibility

  • Public transport options include the Al Furjan Metro Station, providing enhanced connectivity to the wider Dubai area.
  • Ample parking space is available for residents and their guests, ensuring accessibility at all times.

Lifestyle Amenities

  • Avenue Residence 1 boasts a range of lifestyle facilities, including fully-equipped gyms and serene swimming pools.
  • Residents can enjoy nearby restaurants offering various cuisines, along with cafes and lounges for socializing.
  • Outdoor enthusiasts can take advantage of nearby parks and recreational spaces for fitness and leisure activities.

Builing Facilities

  • The building is equipped with multiple high-speed elevators for easy access to each floor.
  • 24/7 security services ensure the safety and peace of mind of all residents.
  • Central air conditioning and professional maintenance services are key amenities for comfortable living.

Special Services

  • Concierge services are available to assist residents with various needs, from booking taxis to handling deliveries.
  • A well-equipped business center caters to remote workers and occasional meetings.

Planning Your Move or Investment

Floor Plans and Property Types

  • Avenue Residence 1 offers a range of floor plans designed to accommodate different lifestyles and preferences.
  • Options include open-concept layouts for studios and thoughtfully designed apartments with private balconies.

Things to Consider

  • Potential tenants should evaluate proximity to work, schools, and public transport.
  • Buyers should consider property maintenance fees, community regulations, and future development plans.

Useful FAQs and Support

Events and Building Life

Building Events

  • Avenue Residence 1 hosts regular community events, such as seasonal festivals and fitness classes for residents.
  • Social gatherings encourage interaction among residents, fostering a sense of community.

Community Identity

  • The architecture of Avenue Residence 1 reflects modern design principles, offering a sophisticated living experience.
  • Community engagement and recreational activities contribute to a vibrant and lively atmosphere.

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Detailed Buiding Insights

1. Family Friendliness

Avenue Residence 1 is designed with families in mind, featuring spacious apartments, children's play areas, and easy access to schools and parks, making it an ideal choice for family living.

Exceptionally Welcoming

2. Living Options

The community offers a variety of living options, including 1-3 bedroom apartments, catering to different family sizes and preferences for urban living.

Broadly Diverse

3. Safety And Security

With 24/7 security, CCTV surveillance, and secure access points, residents can feel safe and secure in their homes.

Remarkably Secure

4. Transportation

Avenue Residence 1 has excellent connectivity to major highways and public transport, making commuting to various parts of Dubai effortless.

Highly Convenient

5. Amenities And Facilities

The development includes a gym, swimming pool, landscaped gardens, and community spaces, ensuring residents have access to a wide range of amenities.

Richly Equipped

6. Cost Of Living

While rental prices in Al Furjan are competitive for Dubai, they remain affordable given the quality of living and amenities provided.

Relatively Balanced

7. Things To Do

The vicinity offers an array of dining, shopping, and leisure activities, ensuring that residents always have something to do.

Vibrantly Diverse

8. Noise Levels

Despite being close to main roads, the residential areas maintain a tranquil environment, primarily due to thoughtful design and noise insulation.

Generally Peaceful

9. Pet Friendliness

The community is pet-friendly, with designated areas for pets, making it suitable for animal lovers looking for a welcoming home.

Warmly Accommodating

Price Insights

Average Prices
This data displayed is based on properystellar last 12 months data.
Name Type Avg. Price (AED / year)
apartment (2Beds)
Rent
78.1K AED
apartment (1Beds)
Rent
68.2K AED
apartment (3Beds)
Rent
98.1K AED
apartment (3Beds)
Sale
2M AED
apartment (2Beds)
Sale
1.2M AED
apartment (1Beds)
Sale
950K AED

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Key Information

Buy: 940K AED - 2M AED

Rent: 21.2K AED - 125K AED

Developer: Al Jaziri Brothers Real Estate

Building Type: Residential

Building Age: 10 years(completed in 2014)

Length:  99 units

Unit Types : 1, 2 and 3-bedroom apartments

Floors: 10

Community Insights
Mostly apartments | Luxury | Well connected
Lowest: 135K - 260K AED/year

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