
Avenue Residence 5 in Al Furjan

Unit Type

Payment Plan

HandOver

Unit Type

Payment Plan

HandOver
Description
Avenue Residence 5 by Nabni Real Estate Development is a luxurious residential development located in the vibrant Al Furjan community, Dubai. This prestigious project offers a range of 1, 2, and 3-bedroom apartments, including penthouses, each designed with meticulous attention to detail and high-quality finishes. With its modern design, superior amenities, and prime location, Avenue Residence 5 sets a new standard for contemporary living in one of Dubai’s most sought-after neighborhoods.
Avenue Residence 5 Location:
Avenue Residence 5 enjoys a prime location in the heart of Al Furjan, a well-established and popular residential district in Dubai. The development is ideally situated near key city attractions and transportation hubs, offering residents excellent connectivity. It is just a minute away from the Al Furjan Metro Station, five minutes from Ibn Battuta Mall, and ten minutes from Dubai Marina and Bluewaters. Additionally, it is within a 15-minute drive to Palm Jumeirah and Dubai Expo City, making it a convenient location for both work and leisure.
Avenue Residence 5 Amenities:
Avenue Residence 5 is equipped with a variety of premium amenities designed to enhance the quality of life for its residents. The building features a temperature-controlled swimming pool, a kids’ pool, a fully equipped gym with the latest Technogym equipment, and a barbecue area. There is also a dedicated children’s playground, 24/7 security, and secure podium parking. The apartments are fitted with high-end Italian brands, including built-in Siemens kitchen appliances, Tooy chandeliers, and golden finish accessories, providing a luxurious and comfortable living environment.
Avenue Residence 5 Floor Plan:
Avenue Residence 5 offers a selection of spacious and well-designed floor plans, including 1-bedroom, 2-bedroom, and 3-bedroom units, as well as exclusive penthouses. The apartments range from 657 sq.ft. to 2,286 sq.ft., with the 2 and 3-bedroom units featuring closed kitchens and some including maid’s rooms. The penthouses, located on the upper floors, provide expansive living spaces with stunning views of the Dubai skyline. Each unit is designed with floor-to-ceiling windows to maximize natural light and provide breathtaking city views.
Avenue Residence 5 Payment Plan:
Avenue Residence 5 offers a flexible payment plan designed to accommodate the financial needs of its buyers. The payment plan is structured with 40% of the total cost payable during the construction phase, and the remaining 60% due upon completion, expected in Q2 2025. The plan includes initial booking payments followed by installments every 90 days, making it easier for buyers to manage their investment. With competitive pricing and attractive payment terms, Avenue Residence 5 provides an excellent opportunity for both homeowners and investors looking to secure a property in Dubai’s thriving real estate market.
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GENERAL FAQ's
The DLD regulates all real estate activities in Dubai, ensuring transparency and legality. Key responsibilities include:
-Registering property transactions (sales, leases, mortgages).
– Issuing Title Deeds and managing the Real Estate Registry.
– Enforcing anti-fraud measures and resolving disputes through the Rental Dispute Centre.
– Mandating the use of certified trustees for off-plan project escrow accounts. For More information visit www.dubailand.gov.ae
You can check the status of a project through the Dubai Land Department (DLD) website or the Dubai REST app. Simply enter the project’s name or developer details to view updates, escrow account details, and progress reports. For More information visit https://dubailand.gov.ae/en/eservices/real-estate-project-status-landing/real-estate-project-status/#/
RERA is a regulatory arm of DLD that oversees real estate laws, brokers, developers, and rental disputes in Dubai. For More information visit www.dubailand.gov.ae
RERA’s Escrow Account Law requires developers to deposit 100% of buyer funds into DLD-approved escrow accounts. Funds are released only after construction milestones are verified, minimizing project delays or cancellations. For More information visit www.dubailand.gov.ae
EOI (Expression of Interest) is a formal pre-booking commitment made by a buyer to express their serious interest in purchasing a property, especially in off-plan projects in Dubai. It is typically required before a project is officially launched.
It provides legal protections for property investors through various regulations such as Escrow Law (Law No. 8 2007) which ensures developers deposit funds into escrow accounts to prevent fraud and Law No. 13 of 2008 which regulates the interim property registration.
This body has been developed to oversee real estate transactions, resolve property-related disputes, and develop and enforce real estate laws to ensure stability and fairness.
People who own property in Dubai worth at least AED 2 million are eligible to obtain a Dubai Golden Visa
Yes. Non-residents can obtain mortgages in Dubai. It is possible for foreign nationals to purchase their dream home in Dubai through a mortgage.
First of all, you must be a citizen of a country which is on the bank’s list. A non-resident mortgage seeker must be a professional or self-employed. Meeting minimum age and income requirements is also necessary in most of the cases.
After completing the property purchasing process, you need to visit the Dubai Land Department (DLD, submit the required documents such as the sale agreement, proof of payment and no objection certificate and pay the registration fee to obtain the title deed of your purchased property.
Open the Dubai Rest App and select the dashboard option to bring my property wallet screen. Choose your property, add the required details and click on the purple circle to get the electronic copy of your title deed.
Yes. Property owners are allowed to give their properties as gifts in Dubai through a legal process.
You can check the status of a real estate development in Dubai by visiting the Dubai Land Department (DLD) website or using the Dubai Rest App.
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Amenities and Features
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- Principal and Interest 0.00 AED
- Property Tax 0
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Start With A Quick Quiz & End With The Best Deal!
Given our years of real estate experience, we understand that it is not easy to buy properties for sale in Dubai, especially for new buyers. It is challenging to find the perfect spot for investment amid thousands of investment opportunities.
However, Kelt and Co Realty has come up with a perfect solution. Now, an investor is not required to go through countless listings on different property-related websites. Kelt and Co Realty offers a one-stop solution. An investor just needs to complete this quick quiz to find the perfect investment option because all information related to off-plan property is available here.
You just need to follow simple steps on your screen to find the perfect option based on your specific demands and financial means. Choose the perfect offer and contact us!
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