Avenue Residence 4 in Dubai
Avenue Residence 4 in Dubai, UAE, is a new project in the Al Furjan neighbourhood. The building consists of 12 floors:
- first floor with a lobby and concierge desk;
- podium level with dedicated private parking;
- 10 residential floors.
The complex includes 135 elegant 1-, 2-, and 3-bedroom apartments. The interiors of residences with an area of 77 to 168 m² are designed by Italian architects. Modern facilities and amenities are provided for comfortable living: a swimming pool for children and adults, a gym, a chiller-free air-conditioning system, and 24-hour security.
Prices start from AED 961,000 ($261,500). Construction is expected to be completed in Q4 2023.
Avenue Residence 4 in Al Furjan
The complex is being built in the Al Furjan neighbourhood. The Al Furjan metro station is 5–7 minutes’ walk. Significant highways, Sheikh Zayed Road and Sheikh Mohammed Bin Zayed Road are nearby to get you to the desired locations quickly.
Carrefour Market and Spinneys supermarkets are just 5 minutes away, and Ibn Battuta Mall and Mall of the Emirates are 10–15 minutes away.
Arcadia Global School can be reached within a 7-minute walk. Dubai British School and The Arbor School are also within a 10-minute drive.
Downtown Dubai and Dubai International airport are approximately 30 minutes away, the seaside and JBR Beach are 15 minutes away, and Palm Jumeirah Island is 17 minutes away.
Apartments in Avenue Residence 4
The project presents residences with designs by Italian architects and appliances of Italian brands:
- apartments in Avenue Residence 4 with an area from 77 to 86 m² with one bedroom;
- 2-bedroom apartments of 118 to 141 m²;
- 3-bedroom apartments of 168 m².
The finishes feature marble, stainless steel and golden metal (gold plated finishes). The 2-bedroom residences include options with a maid's room. 3-bedroom suites have a maid's room by default.
Avenue Residence 4 by Nabni Real Estate Development
The Avenue Residence 4 was realized by a reliable company, Nabni Real Estate Development, which has been in the market for over 20 years. Until the construction is completed, you can buy flats in Avenue Residence 4 at the most attractive price, which will increase after commissioning. At the same time, due to the stable growth of price for properties in Dubai, the object can always be profitably resold. So, at the end of 2023, the increase is expected to be about 13.5%.
If you rent apartments, you can count on a return of 6.6-8% per annum - this is the average payback of apartments in the Al Furjan neighbourhood.