Avenue Residence

Avenue Residence overview

Avenue Residence, also presented by NABNI Developments as Nabni Avenue Residences, is a collection of eight residential buildings in Al Furjan. NABNI's Avenue Residence page states that six of the eight buildings are completed and describes a residential ensemble of apartments with European-inspired finishes, parking, security, fitness facilities and a swimming pool. Later phases such as Avenue Residence 7 and Avenue Residence 8 have been publicly launched as continuing the same branded collection.

DPF drafts Avenue Residence as a community under the Al Furjan area page, which is also covered by the Al Furjan community page. A catch-all URL answers at /communities/avenue-residence but canonicalises to the homepage. DPF does not yet have a self-canonical developer page for NABNI Developments, so this draft names the developer without linking a profile.

Building-level identity

Each Avenue Residence building is its own registered asset. Cards may say Avenue Residence 1, Avenue Residence 2 or later numbers. Match the building number on the title deed or Oqood. A card that says only "Avenue Residence, Al Furjan" is incomplete until it states which building.

Location and access

Al Furjan sits west of Sheikh Zayed Road with links toward Dubai Marina, Ibn Battuta and the Discovery Gardens corridor. NABNI describes easy access to Sheikh Zayed Road, a short walk to local shopping and a selection of schools within a short drive. Exact times vary; use them as orientation only.

When comparing Avenue Residence distress deals, stay inside the same building number and similar floor bands. Al Furjan also contains Nakheel townhouses and other apartment products, so a nearby Al Furjan address is not proof the unit is Avenue Residence.

Projects and buildings in Avenue Residence

Eight buildings, mixed status

NABNI markets eight Avenue Residence buildings and states that six are completed. Public launch coverage has named later buildings such as Avenue Residence 7 and Avenue Residence 8 as continuing off-plan phases. Confirm on the SPA whether your building is ready stock or still under construction.

Homes and facilities

NABNI describes apartments with built-in kitchens, covered parking, twenty-four hour security, a fitness centre and a swimming pool. Confirm which amenities are attached to your building and which are shared across the collection.

Ownership scope

For completed buildings, expect title deed transfers. For later buildings, expect Oqood-based off-plan assignments until handover. DPF does not assert freehold for all of Al Furjan; read the ownership right on the deed or Oqood of the specific unit. Regulation No. (3) of 2006 does not list Al Furjan as a named freehold district in its original schedule, which is another reason to stay plot-level. ### Filing mistakes to watch

Al Furjan listings often stop at the master community name. Confirm the Avenue Residence building number and the NABNI developer line. Nakheel townhouses and other Al Furjan apartment projects are separate. If the building number on the card does not match the deed, treat the listing as mis-filed.

Later Avenue Residence launches can look similar in marketing photography. Always ask whether the building is one of the completed six or a later off-plan phase before you compare asking figures with ready-stock transfers.

Resale and assignment path

Completed Avenue Residence buildings normally trade on title deed with a developer NOC and DLD transfer. Later buildings may still trade on Oqood assignment. Do not mix the two paths when you benchmark a below market claim. Obtain the correct statement of account for the path that applies to your building number.

Finding distressed and below-market units in Avenue Residence

Finding distressed and below-market units in Avenue Residence means reading seller-labelled opportunities on DPF: below original price, below OP, below market, distress sale or motivated seller. Typical sellers are investors exiting completed flats, owners relocating within Al Furjan, or off-plan buyers assigning later buildings.

Ready buildings usually trade as title deed transfers. Later buildings may trade as off-plan resale or off-plan assignment. Confirm which path applies before you compare asking figures.

Test every below market claim against recent Dubai Land Department transfers or SPA figures for the same building number and layout. DPF shows the seller's label and does not appraise units.

Distress-purchase risks to watch: confusing completed buildings with later off-plan phases, service charge arrears on ready stock, payment plan arrears on off-plan stock, and mis-filing against other Al Furjan apartment projects. Ask for a clearance letter or developer statement of account before you sign.

Buying checks before you pay

Confirm these points in writing before money changes hands:

• Registration: the title deed or Oqood names the same Avenue Residence building, unit and parking as the SPA and the DPF card, and states the ownership right.
• Payment plan: for off-plan buildings, obtain NABNI's statement of account; for ready stock, residual developer instalments should be unusual.
• Outstanding balance: decide who clears any mortgage balance or arrears and collect the lender liability letter when a loan sits on the unit.
• Developer NOC: NABNI issues the transfer or assignment NOC once dues are clear.
• DLD transfer: book a registration trustee and agree fee splits.
• Service charges: request the building-level statement or projected charges.

If a seller of a completed building offers only an Oqood, ask why title has not been issued.

Related DPF pages

See the Al Furjan area page, the Al Furjan community page, the Discovery Gardens area page for nearby comparisons, and the Dubai city page.