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About Avenue Residence 5
Avenue Residence 5 continues Nabni Developments' Avenue Residence series of mid-rise apartment buildings in Al Furjan.
Starting prices were quoted at AED 900,000 by one portal and AED 1.3 million by another, on a plan of 15% down with 60% due on handover; the project has been reported sold out.
No firm handover date appeared in the search results, so timing should be confirmed with the developer.
Payment
Payment plan
40/60 — 15% on booking, 25% during construction, 60% on handover
At a glance
Avenue Residence 5 key facts
- Developer
- Nabni Developments
- Community
- Al Furjan
- Status
- Under construction
- Handover
- To be confirmed
- Starting price
- AED 900K
- Unit types
- 1 Bedroom, 2 Bedroom, 3 Bedroom
- Payment plan
- 40/60
- Ownership
- Freehold — open to all nationalities
Cost breakdown
What you pay, and when
Worked example on the starting price of AED 900K. Amounts scale with the unit you choose.
Units priced at AED 2M or more qualify for the 10-year UAE Golden Visa (subject to current ICP rules).
Process
How to buy at Avenue Residence 5
- 01
Shortlist and reserve
Choose a unit type and view at Avenue Residence 5 and secure it with the booking deposit set out in the payment plan.
- 02
Sign the SPA
Nabni Developments issues the Sales and Purchase Agreement. Review the payment schedule, handover clause and specification before signing.
- 03
Oqood registration
The off-plan sale is registered with the Dubai Land Department (Oqood). The 4% DLD fee is payable at this stage.
- 04
Construction instalments
Instalments are paid into the project escrow account as construction milestones are reached.
- 05
Handover and title deed
On completion, the final payment is made, a snagging inspection takes place and the title deed is issued.
Our read
The honest view
Every project has trade-offs. Here are both sides, so you can judge whether this one fits what you actually want.
What stands out
- Handover-weighted payment plan
- Metro-connected Al Furjan address
- Series with a delivery track record
What to weigh
- Sources conflict on the starting price
- Handover date not published
- Reported sold out at launch pricing
FAQ
Avenue Residence 5 — frequently asked questions
What is the starting price of Avenue Residence 5?
Published pricing at Avenue Residence 5 starts from AED 900K. Developer pricing changes with each release, so contact MRK Real Estate to confirm current availability.
When is the handover of Avenue Residence 5?
A handover date for Avenue Residence 5 has not been publicly confirmed.
What is the payment plan for Avenue Residence 5?
40/60 — 15% on booking, 25% during construction, 60% on handover
Who is the developer of Avenue Residence 5?
Avenue Residence 5 is developed by Nabni Developments in Al Furjan, Dubai.
What unit types are available at Avenue Residence 5?
Avenue Residence 5 offers 1 Bedroom, 2 Bedroom, 3 Bedroom.
Where is Avenue Residence 5 located?
Avenue Residence 5 is in Al Furjan, Dubai.
Can foreigners buy at Avenue Residence 5?
Yes. Al Furjan is a freehold area, so buyers of any nationality can own property at Avenue Residence 5 outright.
Does buying at Avenue Residence 5 qualify for the UAE Golden Visa?
The entry price of AED 900K is below the AED 2 million threshold for the property Golden Visa; larger units priced at AED 2 million or more can qualify, subject to current ICP rules.
What are the purchase costs at Avenue Residence 5?
Beyond the purchase price, the Dubai Land Department charges a 4% registration fee — about AED 36K on the starting price — plus a small admin and trustee fee.
How do I buy or sell at Avenue Residence 5?
MRK Real Estate advises on primary purchases and resales at Avenue Residence 5. Message us on WhatsApp for availability, floor plans and a valuation.
Figures shown are as published by the developer and were last checked on 2026-10-31. Developer pricing, availability and handover dates change between releases — we confirm current terms directly with Nabni Developments before any transaction.
