Avenue Residence Phase 4 By Nabni

Key facts

Handover (past)

Q1 2024

Status

Ready

Ownership

freehold

Property types

apartment

Availability

Sold out

How Avenue Residence Phase 4 By Nabni compares

Entry here is AED 1.4M, against a median of AED 1.3M across the 5 priced projects in Avenue Residence, which puts it above 3 of them and below 1. The plan opens at 15% down, against a Dubai median of 10%, so it asks 5% more up front than the typical plan. Handover lands in Q1 2024, alongside 40 other projects completing in the same quarter. Nabni Real Estate Development has 7 projects in our catalogue, 5 of them in Avenue Residence.

Measured across our own catalogue of Dubai off-plan projects, refreshed with the source listings. Entry price is the lowest advertised unit price in a project, not an average transaction value.

Payment plan

Available units

Amenities

• Health Club
• Gymnasium
• Security
• Balcony
• Barbecue Area
• Children's Play Area
• Shared Pool

Location

Avenue Residence Phase 4 By Nabni sits in Al Furjan.

Master plan

The developer’s own site plan for Avenue Residence Phase 4 By Nabni, showing how the buildings, roads and open space sit together.

What you pay, and when

The launch payment plan was 15% on booking, 15% during construction and 70% at handover. Buying now means a resale from a private owner, on whatever terms the two sides agree.

On top of the price, the Dubai Land Department charges 4% to register the sale, about AED 54,000 at this resale price. That 15% booking payment does not go to Nabni Real Estate Development directly: under Dubai's Law 8 of 2007 a registered project holds it in a RERA-supervised escrow account, drawn down against certified construction progress.

What the entry price works out at

The cheapest unit with a published size is 681 square feet at AED 1,350,000, which works out at AED 1,982 per square foot. Stated sizes run from 681 to 3,081 square feet.

Handover and construction

The handover on record for Avenue Residence Phase 4 By Nabni is Q1 2024.

Ownership and residency

Ownership at Avenue Residence Phase 4 By Nabni is freehold: a buyer of any nationality can own a unit outright and hold the title deed. The cheapest resale listed sits below the AED 2,000,000 property threshold the 10 year UAE golden visa asks for.

Who it suits

The development is apartments in 1 to 3 bedroom layouts. The developer has sold out, so anything available here is a resale from a private owner.

What is on site

The shared facilities recorded for Avenue Residence Phase 4 By Nabni start with health club and balcony, alongside the gymnasium, security, barbecue area, children's play area and shared pool that most Dubai developments carry. 24 floor plans are published for it.

Frequently asked