Avenue Residence 1

Avenue Residence 1 — Al Furjan's Decade-Proven Residential Cornerstone

TL;DR Snapshot

| Detail | Info | |---|---| | Project | Avenue Residence 1 | | Developer | Al Jaziri Brothers | | Location | Al Furjan, Dubai | | Status | Ready (Completed Q3 2014) | | Unit Types | Studio, 1BR, 2BR, 3BR | | Total Units | 100 | | Price Range | AED 1,700,000 – 2,600,000 | | Views | Community View | | Amenities | Swimming pool, gym, kids play area, 24/7 security, parking |

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Avenue Residence 1: Al Furjan's First-Generation Quality Standard

Avenue Residence 1 by Al Jaziri Brothers holds a special position in Al Furjan's history — completed in Q3 2014, it is among the district's earliest delivered residential buildings, making it a genuine first-generation address in a community that has transformed dramatically over the decade since. With 100 units spread across studio to three-bedroom apartments and over eleven years of operational performance, Avenue Residence 1 represents the kind of transparent, verifiable investment that only truly established buildings can offer.

Al Jaziri Brothers brought the Avenue Residence concept to Al Furjan at a time when the district's future was still being shaped — and the building's continued occupancy and market positioning today validates the developer's confidence in a location that has since become one of Dubai's most consistently sought-after mid-market communities.

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Eleven Years of Community Evolution Around One Building

When Avenue Residence 1 was completed in 2014, Al Furjan had no Metro, a limited Pavilion retail offering, and fewer established schools. Today, the community has transformed in ways that directly benefit every property within it:

• Route 2020 Metro (opened 2020) — Al Furjan Metro Station is 3 minutes from Avenue Residence 1
• Al Furjan Pavilion — fully operational community retail hub with supermarket, cafes, and services
• Al Furjan Community Park — established green space with cycling and jogging track
• The Arbor School — IB-aligned curriculum school within the community
• Expo City Dubai — 10 minutes away, operational and generating commercial activity
• JAFZA — 12 minutes, continued employment growth in the free zone

Avenue Residence 1 buyers in 2025 inherit eleven years of community infrastructure investment that has elevated the area around the building — without the building itself having needed to change.

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 1's 100 units span the full residential spectrum for Al Furjan's established tenant base:

Studios Eleven-year-old studios in Avenue Residence 1 offer investors the most transparent yield calculation in Al Furjan — with over a decade of lease history, rental rates, vacancy periods, and tenant profiles fully trackable through RERA records. For yield-focused investors who want data over projection, this is as clear-eyed an investment as the market offers.

1-Bedroom Apartments The cornerstone of Al Furjan's rental demand. One-bedrooms at Avenue Residence 1 have served the community's professional and young-couple tenant base continuously since 2014 — generating the kind of tenant retention and rental stability that newer buildings are still building toward.

2-Bedroom Apartments Targeting families and flatsharing professionals. Two-bedrooms in Avenue Residence 1 deliver established Al Furjan living space at secondary-market pricing that reflects the building's age premium — offering value relative to newer stock while retaining the location's full Metro and community connectivity advantages.

3-Bedroom Apartments The premium offering — maximum space in a 100-unit building that has been part of Al Furjan's residential fabric since the community's early development phase. Three-bedrooms at the upper end of AED 2.6M offer families an established address with immediate occupancy.

Building Vintage Summary:

| Completed | Q3 2014 | |---|---| | Total Units | 100 | | Building Age | 11+ years | | Community Maturity | Full ecosystem now in place | | Metro Access | Yes — opened 2020, 3 minutes away |

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Al Jaziri Brothers and the Avenue Residence Legacy

The Avenue Residence concept — developed by Al Jaziri Brothers — has become one of Al Furjan's most recognisable residential brands, with multiple buildings (Avenue Residence 1 through 6) forming a coherent series across the district. This consistent developer presence signals sustained confidence in Al Furjan's residential market and provides buyers with the comfort of a developer brand that has repeatedly committed to the district.

Avenue Residence 1 as the founding building in this series benefits from the developer's accumulated understanding of Al Furjan's market — the community's preferences, the tenant profile, and the specification standards that support long-term occupancy and value retention.

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Amenities & Building Infrastructure

Avenue Residence 1 delivers the essential community living package that Al Furjan residents have relied on since 2014:

Recreation & Wellness:

• Swimming pool — community leisure hub serving the 100-unit resident population
• Gymnasium — fitness facility meeting residents' daily wellness needs

Family:

• Children's play area — safe outdoor play environment for resident families

Security & Convenience:

• 24/7 security — monitored building access and on-site security management
• Dedicated parking — allocated parking per unit

Views: Community views across Al Furjan's characteristically low-rise, landscaped streetscapes — a visual environment that has matured beautifully over eleven years as the community's landscaping and street trees have grown.

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Investment Case for Avenue Residence 1

Eleven Years of Verifiable Performance: No off-plan projection, no estimated yield, no hypothetical tenant profile. Avenue Residence 1's performance since 2014 is on record. RERA lease registration data, actual vacancy rates, and historical rental price movements give investors the most complete picture available in Al Furjan's market. This transparency is the primary and irreplaceable investment advantage of established-vintage properties.

Below-New-Build Entry: Avenue Residence 1's AED 1.7M–2.6M pricing reflects its 2014 vintage — secondary market pricing with a meaningful discount to newly completed Al Furjan buildings of comparable specification. For buyers who prioritise yield on cost over specification newness, this price differential is a feature rather than a limitation.

Metro Value Already Captured: Al Furjan's Route 2020 Metro opened in 2020 — six years after Avenue Residence 1's completion. The Metro uplift in property values has already been captured in the building's pricing and rental performance. Buyers are not speculating on infrastructure arrival; they are buying into confirmed Metro connectivity that has been operational for five years.

Stable Tenant Base: A building that has been operational since 2014 has had time to develop a genuinely stable tenant community — residents who renew leases, know their neighbours, and choose the building for its management quality and community character rather than new-build novelty. This stability translates to lower vacancy exposure and more predictable rental income for investors.

Al Furjan Forward Trajectory: Al Maktoum Airport expansion, Expo City's growing corporate ecosystem, and JAFZA's continued growth create a sustained demand tailwind for all Al Furjan properties. Avenue Residence 1, as an established participant in this appreciating market, is positioned to continue benefiting from the district's structural demand growth.

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Al Furjan Community Infrastructure (2025)

Retail & Dining:

• Al Furjan Pavilion — supermarket, pharmacy, banking, cafes
• Ibn Battuta Mall — 8 minutes: cinema, 300+ stores, major F&B
• Multiple local restaurants, takeaway, and cafe options

Education:

• The Arbor School — IB environmental curriculum within Al Furjan
• Greenfield International School — neighbouring community
• Multiple KHDA-registered nurseries

Healthcare:

• Aster Clinic Al Furjan — community GP and specialists
• NMC Royal Hospital — Sheikh Zayed Road acute care
• Pharmacies and dental clinics within 5 minutes

Recreation:

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

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Summary

Avenue Residence 1 by Al Jaziri Brothers is Al Furjan's foundational residential address — a 100-unit building completed in Q3 2014 with studios through three-bedroom apartments priced at AED 1,700,000 to AED 2,600,000. Eleven years of operational performance, Route 2020 Metro connectivity confirmed and functional, Al Furjan's fully matured community ecosystem, and secondary-market pricing below newer comparable buildings make Avenue Residence 1 a transparent, data-supported investment in one of Dubai's most consistently performing mid-market communities. For investors who want verified yield performance and buyers seeking established Al Furjan living at below-new-build entry pricing, Avenue Residence 1 remains one of the district's most honest and enduring value propositions.