Al Mashroom Meydan
Nad Al Sheba First · Dubai Euro Real Estate
Off-plan building · Al Ali Property Investment
API AVENUE 2, Nad Al Sheba First
Highlights
API AVENUE 2 at a glance
About API AVENUE 2
API AVENUE 2 is a mixed-use building in Nad Al Sheba First, Dubai, developed by Al Ali Property Investment. It holds about 31 units: 1-bedroom apartments, 2-bedroom apartments, commercial units.
Few units have changed hands recently, so prices here are set by a small number of sales.
API AVENUE 2 is one of 135 buildings in Nad Al Sheba First: 46 are complete and 36 are still being built.
In a nutshell
- A mixed-use off-plan building
- Located in Nad Al Sheba First, Dubai
- Developed by Al Ali Property Investment
- Unit types: 1 Bed, 2 Beds, Commercial
- Sizes from 300 to 2,330 sq ft
- Business Bay metro station 5.1 km away
- Status
- Off-plan
- Developer
- Al Ali Property Investment
- Location
- Nad Al Sheba First, Dubai
- Unit types
- 1 Bed, 2 Beds, Commercial
- Nearest metro
- District 1, 0.6 km
Building details
Inside API AVENUE 2
Properties in API AVENUE 2
1-bedroom apartments in API AVENUE 2
There are about 12 of these in API AVENUE 2, from 830 sq ft. None has sold recently enough to quote a price.
2-bedroom apartments in API AVENUE 2
There are about 16 of these in API AVENUE 2, from 1,310 to 2,330 sq ft. None has sold recently enough to quote a price.
Commercial units in API AVENUE 2
There are about 3 of these in API AVENUE 2, from 300 to 320 sq ft. None has sold recently enough to quote a price.
| Unit type | Units | Size | Median price | Median rent |
|---|---|---|---|---|
| 1 Bed | 12 | 830 sqft77.1 sqmt | No recent sales | AED 65K |
| 2 Beds | 16 | 1,310 sqft121.7 sqmt – 2,330 sqft216.5 sqmt | No recent sales | AED 90K |
| Commercial | 3 | 300 sqft27.9 sqmt – 320 sqft29.7 sqmt | No recent sales | – |
Rental trends in API AVENUE 2
A recent 1-bedroom contract in API AVENUE 2 was let for AED 65.0K a year.
Yearly rents from recent registered contracts, by unit type:
- 1-bedroom apartments: AED 65.0K a year (831 sq ft)
- 2-bedroom apartments: AED 90.0K a year (1,306 sq ft)
Recent transactions in API AVENUE 2
| LocationContract and unit | Annual rentAED a year | SpecsSize and bedrooms | Contract dateStart – End |
|---|---|---|---|
| API Avenue 2, Nad Al Shiba FirstApartmentNew contract | AED 90,000 | 1,306 sqft121.3 sqmt2 Beds | to |
| API Avenue 2, Nad Al Shiba FirstApartmentNew contract | AED 65,000 | 831 sqft77.2 sqmt1 Bed | to |
API Avenue 2
Nad Al Shiba First
AED 90K/yr
ApartmentNew contract1,306 sqft121.3 sqmt2 BedstoAPI Avenue 2
Nad Al Shiba First
AED 65K/yr
ApartmentNew contract831 sqft77.2 sqmt1 Bedto
Every sale in API AVENUE 2Every rent contract in API AVENUE 2
Nearby amenities
Around API AVENUE 2
Transportation near API AVENUE 2
The nearest Dubai Metro station from API AVENUE 2 is Business Bay (red line, 5.1 km, about 12 min drive), then Burj Khalifa/Dubai Mall (red line, 5.5 km, about 13 min drive). Stations planned on new lines nearby include District 1 (golden line, 0.6 km, about 7 min walk) and Nad Al Sheba (golden line, 1.3 km, about 5 min drive). Most residents will drive or take a taxi to the metro.
- District 1Golden line · 0.6 km · about 7 min walk
- Nad Al ShebaGolden line · 1.3 km · about 5 min drive
- District 1 near High Speed Rail lineGolden line · 2.5 km · about 7 min drive
- Burj Khalifa RoadGolden line · 4.3 km · about 11 min drive
- Business Bay InterchangeGolden line · 5.1 km · about 12 min drive
- Business BayRed line · 5.1 km · about 12 min drive
Shopping and groceries near API AVENUE 2
The closest is Spinneys / south bridge downtowne Dubai, 3.8 km from API AVENUE 2 (about 10 min drive).
- Spinneys / south bridge downtowne DubaiSupermarket · 3.8 km · about 10 min drive
- Al Maya / 8 Boulevard Walk, Downtown DubaiSupermarket · 4.5 km · about 11 min drive
- Spinneys/ Ontario TowerSupermarket · 4.5 km · about 11 min drive
- Spinneys / EMAAR Boulevard, Downtown DubaiSupermarket · 4.5 km · about 11 min drive
- Spinneys / The Executive TowersSupermarket · 4.6 km · about 11 min drive
Restaurants and hotels near API AVENUE 2
The closest is Meydan Hotel, 0.6 km from API AVENUE 2 (about 7 min walk).
- Meydan HotelHotel · 0.6 km · about 7 min walk
- Shiba RestaurantRestaurant · 0.7 km · about 8 min walk
- Maward RestaurantRestaurant · 3.6 km · about 9 min drive
- Al Manzil HotelHotel · 4.2 km · about 10 min drive
- Vida Hotels and ResortsHotel · 4.2 km · about 10 min drive
Hospitals and clinics near API AVENUE 2
The closest is Dr. Moopen'S Al Quoz Medical Centre, 5.3 km from API AVENUE 2 (about 13 min drive).
- Dr. Moopen'S Al Quoz Medical CentreHospital · 5.3 km · about 13 min drive
- Medcare HospitalHospital · 6 km · about 14 min drive
- Al Amal HospitalHospital · 6.4 km · about 15 min drive
- Emirates HospitalHospital · 7.3 km · about 17 min drive
- Neuro Spinal hospitalHospital · 7.4 km · about 17 min drive
Parks and leisure near API AVENUE 2
The closest is Meydan Theatre, 0.6 km from API AVENUE 2 (about 7 min walk).
- Meydan TheatreTheatre House · 0.6 km · about 7 min walk
- Falcon Heritage and Sports CentreSports Academy · 0.7 km · about 8 min walk
- Falcon Centre and Cultural SportsSports Academy · 0.7 km · about 8 min walk
- Meydan Grandstand and RacecourseStadium · 0.7 km · about 8 min walk
- Meydan Tennis AcademySports Academy · 0.8 km · about 10 min walk
Schools near API AVENUE 2
The nearest is Bilingual French International School L.L.C-FZ, 0.6 km away. Ratings are the KHDA's latest inspection grades.
- Bilingual French International School L.L.C-FZFrench · KHDA: Not inspected due to COVID 19 · 0.6 km
- Rashid and Latifa SchoolUK · KHDA: Not inspected yet · 2.2 km
- Hartland International School - FZUK - International Baccalaureate - UK/IB · KHDA: Very good · 2.5 km
- North London Collegiate School Middle East L.L.C - FZInternational Baccalaureate · KHDA: Very good · 2.7 km
- Dubai International Private School - BrAmerican · KHDA: Good · 3.6 km
- GEMS Our Own Indian SchoolIndian · KHDA: Very good · 3.8 km
Other buildings in Nad Al Sheba First
Nad Al Sheba First has 135 buildings. A few others to compare API AVENUE 2 with:
Alphabeta M77
Nad Al Sheba First · Alphabeta
API AVENUE 1
Nad Al Sheba First · Al Ali Property Investment
API AVENUE 3
Nad Al Sheba First · Al Ali Property Investment
API AVENUE 4
Nad Al Sheba First · Al Ali Property Investment
Off-plan
Things to consider about API AVENUE 2
In its favour
- Several schools within 3 km.
Worth checking
- Few sales each year, so a resale can take longer and prices move on a handful of deals.
- The nearest running metro station is 5.1 km away, so a car helps.
- Still being built: the handover date can move, and the price is paid in stages before you get the keys.
FAQs
API AVENUE 2: questions answered
Buying, selling or renting in API AVENUE 2?
A broker who works Nad Al Sheba First will tell you what is available and what comparable homes went for.