Avenue Residence Phase 5: Getting Into Al Furjan for AED 900K
Avenue Residence Phase 5 is a residential development by Nabni Real Estate Development, located within the established Avenue Residence sub-community in Al Furjan, Dubai. This is the fifth phase of a continuing build-out in the area, which gives buyers a clear picture of how this community has matured.
What AED 900K to AED 2.6M Gets You Here
The price range spans AED 900,000 to AED 2,600,000, covering two product types: apartments and penthouses. That is a wide spread, and it reflects the product mix rather than floor-level variation within a single type. The gap between entry and peak is nearly three times the starting price, which tells you this is not a single-product building.
At the lower end, entry-level apartments suit first-time buyers and investors. Al Furjan is an established mid-market community, and an AED 900K starting price works well for that segment.
At the upper end, the penthouses target a different buyer entirely. A AED 2.6M penthouse in Al Furjan is for an owner-occupier who wants larger floor plates and community living without paying Dubai Marina or Downtown prices. Buyers comparing on a per-square-foot basis across those locations will find the arithmetic favours Al Furjan.
Apartments cover the bulk of the unit mix and represent the investor-accessible end of the range. Penthouses offer larger floor plans and the kind of privacy that standard apartments rarely deliver. Together, they mean the project serves both the rental market and buyers looking for a permanent home.
Living in Al Furjan
Al Furjan sits along Sheikh Zayed Road and Sheikh Mohammed Bin Zayed Road, giving residents direct access to most of Dubai's major employment clusters. The drive to Dubai Marina takes around 15 minutes. Dubai South and the Expo area are roughly the same. The Al Furjan Metro station (Route 2020 extension) gives commuters a public transport alternative, which is a practical advantage for tenants.
The neighbourhood itself is largely built out. This is not a project landing in a field with an aspirational masterplan around it. Avenue Residence is an embedded address with established retail, schools, and community infrastructure already in place. That reduces the execution risk for buyers who are thinking about livability from day one.
What the Amenity Set Says About the Resident Profile
| Category | Amenity |
|---|---|
| Recreation | Shared Pool, Barbecue Area, Landscaped Parks |
| Wellness | Gymnasium, Well-being and Fitness |
| Dining | Cafe and Restaurants |
| Community | Mosque |
Seven amenities is a solid count for a project in this price band. The Mosque on-site is a differentiated feature that will matter to a specific buyer profile and is rarely included in smaller developments. The well-being and fitness offering alongside a dedicated gymnasium suggests a dual-track approach to health facilities rather than a single gym room.
The overall mix points at a resident who values community and day-to-day convenience over luxury add-ons. There is no beach club or concierge here. The profile is families and working professionals who want a functional, well-connected base.
Getting In for 10%
| Payment Stage | Amount |
|---|---|
| Down payment | 10% |
| During construction | 25% |
| At handover | 60% |
A 10% down payment is the entry commitment here. The structure places 60% at handover, which is the dominant payment in the schedule. That means the bulk of the cost falls at the end rather than being spread across construction milestones. If you are using mortgage financing, having a facility approved and ready before the handover date is the practical consideration. The construction phase contribution of 25% is manageable, but the back-loaded 60% at the end requires planning.
Timeline: The Project May Already Be Handed Over
Construction started in April 2024, with an original expected completion of June 2025. That completion date has now passed. The project may have already reached handover, which would mean buyers are looking at a ready or near-ready unit rather than a pure off-plan proposition. That changes the investment dynamic: you take on less construction risk, but you also lose the appreciation runway that comes with a longer off-plan holding period.
