Avenue Residence 8 Al Furjan Dubai

Avenue Residence 8 is a 13-floor building of 104 homes in Al Furjan, the eighth in NABNI Developments' Avenue Residence series and the eighth building the company has put up in the same community. It holds 33 one-bedroom, 60 two-bedroom and 11 three-bedroom apartments — no studios. One-beds start at about AED 1,315,060 (about Rs 3.39 crore) from 813 sq ft, two-beds at about AED 1,701,398 from 1,233 sq ft.

Handover is on record for Q4 2026, which is the quarter this page is written in, so the construction risk is largely behind you and the funding question is in front: the plan is 15% down, 25% across construction and 60% at handover. Al Furjan's own metro station has been open since 2021, and that is the single thing that separates this community from the rest of Dubai's affordable belt. You can see every Dubai project we track in the Dubai section, and the wider list under projects.

At a glance

Price and unit pricing

The source listing lists this project without a price, so the figures below come from the portals carrying the developer's price list. They are entry prices for each layout, not the price of any specific floor or view.

The two rates are the story. At about AED 1,617 per sq ft the one-bed is priced above the community's average of roughly AED 1,350 to 1,400 and near the top of its AED 1,200 to 1,700 band. The two-bed, at about AED 1,380, is priced at the middle of the same band while being the larger, more liveable unit. Unless you specifically need a one-bed, the two-bed is where the value sits in this building.

Part of the one-bed's premium is size: 813 sq ft is well above the 650 to 700 sq ft that passes for a one-bed in much of the affordable belt, so you are paying for real floor area rather than a headline number. That helps at resale and it helps with families renting, but it does not change the arithmetic — a bigger unit at a higher rate is a bigger cheque twice over. Ask for the current price list and the floor-by-floor premium before you fix on a unit.

Payment and total cost

The plan on record is 15% at booking, 25% across construction and 60% on handover, with a 40/60 alternative quoted. That is a light entry and a heavy finish, which suits a buyer with cash or a pre-approved mortgage and is uncomfortable for anyone hoping to flip before completion. Worked on the entry one-bed:

Add 2% if you buy through a broker. The service-charge line is the Al Furjan district range, not this building's approved budget, which does not exist until the owners' association is formed after handover. The figures above are as quoted by portals carrying the developer's plan — the sale and purchase agreement is what binds, so read its payment schedule and its handover definition before you sign.

Location and connectivity

Al Furjan sits between Sheikh Zayed Road and Sheikh Mohammed bin Zayed Road, with Discovery Gardens on one side and Jebel Ali on the other. Its metro station opened in 2021 on the Route 2020 extension of the Red Line and sits at the eastern edge of the community — homes within a ten-minute walk of it have gained about 22% in capital value over the last three years and let noticeably faster than the rest of the district.

Ibn Battuta Mall is five to ten minutes away, Dubai Marina and JBR about fifteen, and Al Maktoum International Airport and Expo City fifteen to twenty minutes south. Jebel Ali Free Zone is about ten minutes, and it is the reason much of the local rental demand exists in the first place: this is a community that houses people who work along the southern corridor. For a nearby comparison in the same community we also cover Serene Gardens 2.

Check the actual walking distance from this specific building to the station rather than taking "metro community" at face value. Al Furjan is spread out, and the difference between a seven-minute walk and a twenty-minute one shows up in the rent you can ask.

Amenities and specifications

The building is quoted with fitness facilities, swimming pools, planted gardens, jogging tracks and smart-home fitting in the apartments. That is a standard package for the segment, and the more meaningful specification is the floor area: 813 sq ft for a one-bed and 1,233 sq ft for a two-bed are generous numbers in this price band.

What the sources do not publish: appliance brands, whether kitchens come fitted, and the parking allocation per apartment. Parking matters here — Al Furjan is car-dependent outside the metro walk-up radius, and a one-bay allocation on a two-bed limits your tenant pool. Ask for the specification annexure to the sale and purchase agreement, which is the document the developer has to build to.

About the developer

NABNI Developments was Al Jaziri Properties before a 2022 rebrand under Abdulrahman and Badr Al Jaziri, and the business dates to 1999. It is a boutique developer with an unusual habit: it builds in one community. The Avenue Residence series is now at its eighth building, all in Al Furjan.

By December 2025 the company had delivered five buildings and more than AED 1.2 billion of sales, with three more under way. Avenue Residence 4 was completed and handed over with 135 apartments, and Avenue Residence 7 sold out within weeks of its construction start. For an off-plan buyer that is the useful record: a developer with finished buildings on the same street, whose earlier handovers you can walk into and inspect before you buy the next one. Do exactly that — visit Avenue Residence 4 or 5, look at the common areas and ask an owner what the service charge actually came to.

For Indian buyers

Al Furjan is freehold, so an Indian citizen can own here outright with a DLD title deed, in their own name, with no local partner. Dubai charges no annual property tax; your recurring cost is the service charge.

The one-bed at about AED 1,315,060 is roughly USD 358,000, which is more than one person's USD 250,000 LRS allowance for a financial year. Two things make that manageable: buy jointly with a spouse or family member and you have USD 500,000 between you, or use the staged plan — 15% now, 25% over the build and 60% at handover naturally spreads across financial years. Your bank will want the sale agreement and the developer's escrow account details, and TCS applies on the remittance above the current threshold.

On residency: neither the one-bed nor the two-bed clears the AED 2 M Golden Visa threshold. A large three-bedroom might, but its price is not published, so do not plan a visa around this project without a written price. On tax at home, rental income from Dubai is taxable in India for a resident at slab rates, declared as income from house property with the standard 30% deduction, and the property must be reported in Schedule FA. The UAE takes nothing, so there is no credit to offset the Indian liability.

Pros

• A developer with five delivered buildings in this same community, not a first-time name
• Handover on record for the current quarter, so most of the construction risk is behind you
• Al Furjan metro station is in the community, and metro-adjacent stock has outrun the district on rent and value
• The two-bed at about AED 1,380 per sq ft is priced at the middle of Al Furjan's range
• 104 homes over 13 floors — a manageable owners' association, not a 500-unit tower
• Unit sizes well above the affordable-belt norm at 813 and 1,233 sq ft

Cons

• The one-bed at about AED 1,617 per sq ft is above the district average and above this building's own two-bed rate
• 60% falls due at handover — you need the cash or a mortgage approved on a short timeline
• The DLD project number is not published by the sources checked, so you must get it from the developer
• No studios, which are the highest-yielding layout in metro-adjacent Al Furjan
• Heavy new supply across Al Furjan sits on rent growth for a 2026 building
• Neither the service charge nor the parking allocation is published yet
• One-bed and two-bed both fall below the AED 2 M Golden Visa threshold

Who this is for

• Buyers who want an almost-finished off-plan unit rather than a three-year wait
• Investors after metro-walkable Al Furjan stock who can fund 60% at handover
• End users wanting a larger-than-average one or two-bed near Jebel Ali and the Marina
• Buyers who put weight on a developer with completed buildings on the same street

Who should look elsewhere

• Anyone who needs a long, back-ended payment plan — 60% lands at handover here
• Investors chasing the highest per-sq-ft yield, who should look at studios elsewhere in Al Furjan
• Buyers who need the purchase to clear the AED 2 M Golden Visa threshold
• Anyone who will not verify the DLD project number and construction percentage before booking

Our verdict

The case here is the developer and the timing, not the price. NABNI has finished five buildings on this street, which answers the question an off-plan buyer is really asking, and handover is on record for the current quarter. Push on the pricing instead: the one-bed is above the district average and above the building's own two-bed rate, which makes the two-bed the clearly better-priced unit.

Take the two-bed if the size suits you, make sure 60% at handover is money you actually have, and get the project number, the DLD construction percentage and the parking allocation in writing before the booking cheque. Then go and walk through Avenue Residence 4 and ask an owner what the service charge came to. That single visit will tell you more than any brochure.

Run this project's numbers yourself. The calculator opens on the price and unit size above; change the currency, the rent or the mortgage and it recalculates the fees, the cash you need on day one and the net rent.

FAQs

What is the price at Avenue Residence 8?

One-bedroom apartments start at about AED 1,315,060 (about Rs 3.39 crore) from 813 sq ft, and two-bedrooms at about AED 1,701,398 (about Rs 4.38 crore) from 1,233 sq ft. Three-bedrooms run to about 1,867 sq ft; their price is not published by the sources we checked. The source listing carries the project without a price, so these are portal figures from the developer's list — ask for the current price list before you book.

What is the payment plan?

15% on booking, 25% across construction and 60% on handover, with a 40/60 plan also quoted. On the AED 1,315,060 one-bed that is about AED 197,259 at booking and about AED 789,036 due at handover. Add the 4% DLD fee of AED 52,602 and about AED 3,000 in Oqood registration.

When is handover?

Q4 2026 on record — the current quarter. Ask the developer for the DLD construction-progress percentage against the escrow account and for the anticipated completion date on the Oqood registration, which is the date that carries weight, not the brochure date.

Is it registered with the DLD, and where does my money go?

The project is freehold and registered with Dubai RERA, and off-plan payments go into a DLD-approved escrow account that releases against verified construction milestones. The project number itself is not printed by the sources we checked — get it from the developer and look it up on the Dubai REST app before paying anything.

Does the purchase qualify for a Golden Visa?

Not at the published prices. The property route needs AED 2 M and the one-bed is AED 1.32 M, the two-bed AED 1.70 M. A large three-bedroom might cross the threshold, but its price is not published — ask, and get it in writing before you plan around a visa.

What rental yield can I expect?

Al Furjan apartments generally return 6.5 to 8% gross, and metro-adjacent studios and one-beds have reached 7.5 to 8.5%. On the one-bed at AED 1,315,060 you would need roughly AED 88,000 to 105,000 a year of rent to hit that band. After service charges at AED 12 to 15 per sq ft, agency fees and a vacancy allowance, expect around 1.5 to 2 points less net.

What are the service charges?

This building's rate is not published because it has not been handed over. Al Furjan apartment buildings run about AED 12 to 15 per sq ft a year, so budget roughly AED 9,800 to 12,200 for the 813 sq ft one-bed. The first year's budget is set by the owners' association and approved by RERA after handover.

Can an Indian citizen buy here?

Yes. Al Furjan is freehold, so any nationality can own the apartment outright with a DLD title deed. Money goes out under the Liberalised Remittance Scheme at USD 250,000 per person per financial year; the one-bed at about USD 358,000 needs either two people buying jointly or payments split across two financial years, which the staged payment plan makes straightforward.

How does the metro change things?

Al Furjan station opened in 2021 on the Route 2020 extension of the Red Line and sits at the eastern edge of the community. Homes within a ten-minute walk of it have seen about a 22% rise in capital value over the last three years, and they let faster. Check the actual walking distance from this building rather than assuming it.

Who is the developer?

NABNI Developments, formerly Al Jaziri Properties, in business since 1999 and rebranded in 2022. It builds only in Al Furjan: five buildings delivered, more than AED 1.2 billion in sales by December 2025, Avenue Residence 4 handed over with 135 apartments, and Avenue Residence 7 sold out within weeks of its construction start.

If you want the current price list, the DLD project number and a walk through NABNI's finished buildings nearby, talk to Realty Hunting and we will set it up.