أفينيو ريزيدنس 2

Avenue Residence 2 — Al Furjan's Eight-Year Veteran by Al Jaziri Brothers

TL;DR Snapshot

| Detail | Info | |---|---| | Project | Avenue Residence 2 | | Developer | Al Jaziri Brothers | | Location | Al Furjan, Dubai | | Status | Ready (Completed Q1 2017) | | Unit Types | Studio, 1BR, 2BR, 3BR | | Total Units | 96 | | Price Range | AED 1,700,000 – 3,400,000 | | Amenities | Security, central A/C, covered parking |

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Avenue Residence 2: Eight Years of Consistent Al Furjan Performance

Avenue Residence 2 by Al Jaziri Brothers completed in Q1 2017 — placing it eight years into the operational lifecycle that has seen Al Furjan transform from a developing community into one of Dubai's most Metro-connected, infrastructure-rich mid-market districts. As the second building in the Al Jaziri Brothers' Avenue Residence series, this 96-unit building carries the developer's established community philosophy into a slightly later delivery vintage, offering buyers a compact, proven residential building with Al Furjan's full community ecosystem at its doorstep.

The building's focused amenity approach — security, central A/C, covered parking — reflects the 2017 delivery standard and positions Avenue Residence 2 as a practical, fundamentals-driven investment at secondary-market pricing significantly below current off-plan equivalents.

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The Avenue Residence Series: Al Jaziri Brothers' Al Furjan Legacy

Al Jaziri Brothers has built a consistent series of Avenue Residence buildings in Al Furjan — numbered 1 through 6 — creating a residential brand that spans the district's development phases from early delivery (Avenue Residence 1, Q3 2014) through recent completion (Avenue Residence 6, Q1 2025). This sustained developer commitment to a single district provides buyers of Avenue Residence 2 with meaningful context:

• The developer knows Al Furjan's market intimately across multiple building cycles
• The Avenue Residence brand has established tenant familiarity within the community
• Al Jaziri Brothers' ongoing management across multiple buildings creates an economy-of-scale service standard that individual one-off developers cannot match

Avenue Residence 2's position as the second building in a trusted series — delivered in Q1 2017 — means buyers acquire an eight-year-proven building from a developer who has continued to invest in Al Furjan through Avenue Residence 3, 4, 5, and 6.

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Al Furjan: Eight Years of Continuous Improvement

When Avenue Residence 2 completed in Q1 2017, Al Furjan was three years from the Route 2020 Metro inauguration. The eight-year interval between delivery and today's purchase opportunity represents an extraordinary accumulation of community infrastructure:

Infrastructure Milestones Since Avenue Residence 2's Delivery:

• 2020: Route 2020 Metro inauguration — Al Furjan Station 3 minutes away
• 2021–2022: Expo 2020 Dubai — Expo City now 10 minutes, permanently established
• Ongoing: JAFZA expansion — continued employment growth 12 minutes away
• Ongoing: Al Furjan Pavilion maturation — retail, F&B, and services established
• Ongoing: Community school and healthcare network deepening

Buyers of Avenue Residence 2 today inherit all eight years of community investment without paying the new-build premium that projects targeting future completion command.

Distance-to-Destination Proximity Table:

| Destination | Approx. Drive Time | |---|---| | Al Furjan Metro Station | 3 min | | Ibn Battuta Mall | 8 min | | Expo City Dubai | 10 min | | Jebel Ali Free Zone (JAFZA) | 12 min | | Dubai Marina / JBR | 15 min | | Al Maktoum International Airport | 20 min | | Downtown Dubai / Burj Khalifa | 30 min | | Dubai International Airport | 35 min |

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Unit Configuration Analysis

Avenue Residence 2's 96 units cover four configurations across Al Furjan's established demand spectrum:

Studios Eight years of RERA-traceable rental history make Avenue Residence 2 studios among Al Furjan's most transparently evaluable studio investments. Investors can access actual vacancy rates, achieved rents, and tenant turnover data — making yield projections based on real performance rather than estimates.

1-Bedroom Apartments The cornerstone of Al Furjan's rental market. One-bedrooms at Avenue Residence 2 have served the district's professional and couple tenant base continuously since Q1 2017 — providing the building with a stable occupancy record that demonstrates the location's enduring rental demand.

2-Bedroom Apartments Family-appropriate space at secondary-market pricing that reflects the building's vintage discount relative to newer Al Furjan stock. For buyers who can accept 2017-standard finishes in exchange for below-new-build entry pricing in a Metro-connected community, Avenue Residence 2 two-bedrooms offer compelling value.

3-Bedroom Apartments — Up to AED 3.4M Maximum space in the 96-unit building. Three-bedrooms at Avenue Residence 2 serve larger families and multi-generational households who want apartment-format Al Furjan living with the bedroom count that approaches villa standards — and at pricing that remains below comparable new-build three-bedrooms in the district.

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Specification Focus: Central A/C, Security, Covered Parking

Avenue Residence 2's amenity specification is more focused than some contemporaries — security, central A/C, and covered parking, without the additional recreation infrastructure of some later Avenue Residence buildings.

Central A/C Value: In Al Furjan's competitive rental market, central A/C remains a meaningful differentiator over split-unit buildings. The operational efficiency — consistent temperature throughout the unit, quieter operation, lower maintenance responsibility for tenants — supports premium rental positioning relative to split-unit equivalents at comparable pricing.

Covered Parking: In Dubai's climate, covered parking protects vehicles from extreme heat and directly contributes to tenant satisfaction. Buildings without covered parking consistently underperform on tenant retention relative to those with sheltered vehicle storage.

24/7 Security: Professional security management provides residents and investors the physical and psychological security standard expected from a managed residential building.

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Investment Case for Avenue Residence 2

Eight Years of Transparent Performance: Q1 2017 completion gives investors access to eight years of RERA-registered lease data — the most complete performance picture available for any Al Furjan building. This transparency eliminates the yield estimation uncertainty that characterises off-plan investments.

Below-New-Build Entry: Avenue Residence 2's secondary-market pricing at AED 1.7M–3.4M represents a meaningful discount to currently available off-plan equivalents in Al Furjan, many of which price studios at AED 700K+ and two-bedrooms at AED 1.5M+. For buyers willing to accept 2017 specification over the premium of a brand-new build, the price discount translates directly into enhanced yield-on-cost and reduced acquisition cost.

Metro Value Confirmed: Avenue Residence 2 was delivered three years before the Route 2020 Metro. Buyers today acquire a building where Metro uplift has already been confirmed and reflected in pricing — they are not speculating on infrastructure arrival but purchasing into established, proven Metro connectivity.

Al Jaziri Brothers Avenue Residence Brand: The Avenue Residence series' brand recognition within Al Furjan supports tenant awareness and leasing demand. Tenants who know and trust the Avenue Residence brand — built across five completed buildings in the district — are more likely to consider and commit to Avenue Residence 2 units, supporting occupancy rates.

Al Maktoum Airport Long-Term Catalyst: While Avenue Residence 2's current pricing reflects its established 2017 baseline, the forward catalyst of Al Maktoum International Airport's expansion creates sustained appreciation potential for all Al Furjan properties over the 2025–2035 horizon. The building's established position in the district means it will participate in this demand uplift without the construction risk of off-plan exposure.

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Al Furjan Community Ecosystem

Transport:

• Al Furjan Metro Station (Route 2020) — 3 minutes
• Sheikh Zayed Road — 5 minutes
• Sheikh Mohammed bin Zayed Road — 5 minutes

Retail & Dining:

• Al Furjan Pavilion — supermarket, pharmacy, banking, cafes
• Ibn Battuta Mall — 8 minutes: cinema, 300+ retail and F&B options
• Multiple local restaurants and takeaways within walking distance

Education:

• The Arbor School (IB-aligned) — within Al Furjan
• Greenfield International School — neighbouring community
• Multiple KHDA-registered nurseries

Healthcare:

• Aster Clinic Al Furjan — GP and specialist services
• NMC Royal Hospital — Sheikh Zayed Road accessible

Recreation:

• Al Furjan Community Park — jogging, cycling, family leisure
• Dedicated community cycling and walking tracks
• Al Furjan Pavilion Park — community events

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Summary

Avenue Residence 2 by Al Jaziri Brothers is a 96-unit residential building in Al Furjan completed Q1 2017 — the second in the developer's trusted Avenue Residence series — offering studios through three-bedroom apartments priced from AED 1,700,000 to AED 3,400,000 with central A/C, 24/7 security, and covered parking. Eight years of verifiable rental performance, Route 2020 Metro connectivity confirmed and operational, Al Furjan's established community ecosystem, and secondary-market pricing below comparable new-build equivalents combine to make Avenue Residence 2 a transparent, proven, and consistently performing investment in Dubai's most resilient mid-market community. For investors who value eight-year operational evidence over off-plan projections, and for buyers seeking established Al Furjan living at below-new-build entry pricing with Al Jaziri Brothers' community brand recognition, Avenue Residence 2 delivers a dependable and enduring Al Furjan address.