ReadyReady building · DAMAC
Avencia 45, Madinat Hind 4
Highlights
Avencia 45 at a glance
About Avencia 45
Avencia 45 is a residential building in Madinat Hind 4, Dubai, developed by DAMAC. It holds about 6 units: 1-bedroom apartments.
The building was completed in 2022 and has been in use for about 4 years. Few units have changed hands recently, so prices here are set by a small number of sales. Recent sales went through at a median of AED 862 per sq ft.
Avencia 45 is one of 61 buildings in Madinat Hind 4: 48 are complete and 12 are still being built.
In a nutshell
- A residential ready building
- Located in Madinat Hind 4, Dubai
- Developed by DAMAC
- Completed in Q2 2022
- Unit types: 1 Bed
- Sizes from 640 to 1,230 sq ft
- Service charge from AED 7.39 per sq ft
- Status
- Ready
- Developer
- DAMAC
- Location
- Madinat Hind 4, Dubai
- Completed
- Q2 2022
- Unit types
- 1 Bed
- Prices from
- AED 556.0K
- Median price per sq ft
- AED 862
- Median gross yield
- 9.3%
- Service charge
- AED 7.39 per sq ft (2026)
Building details
Inside Avencia 45
Properties in Avencia 45
1-bedroom apartments in Avencia 45
There are about 6 of these in Avencia 45, from 640 to 1,230 sq ft. None has sold recently enough to quote a price.
| Unit type | Units | Size | Median price | Median rent |
|---|---|---|---|---|
| 1 Bed | 6 | 640 sqft59.5 sqmt – 1,230 sqft114.3 sqmt | No recent sales | AED 55K |
Sale trends in Avencia 45
Median sale price
AED 585K
Median per sq ft
AED 862
Median gross yield
9.3%
Price ranges from the most recent registered sales, by unit type:
- 1-bedroom apartments: AED 400.0K to AED 625.0K (637 to 1,230 sq ft), across 9 sales
Rental trends in Avencia 45
A recent 1-bedroom contract in Avencia 45 was let for AED 55.0K a year.
Yearly rents from recent registered contracts, by unit type:
- 1-bedroom apartments: AED 55.0K a year (638 sq ft)
Recent transactions in Avencia 45
| LocationStatus and unit | PricePer sqftPer sqmt | SpecsSize and bedrooms | DateSold by |
|---|---|---|---|
| Avencia 45, Damac Hills 2ReadyApartment | AED 613,480AED 962 /sqftAED 10,355 /sqmt | 638 sqft59.3 sqmt1 Bed | Owner |
| Avencia 45, Damac Hills 2ReadyApartment | AED 556,000AED 741 /sqftAED 7,976 /sqmt | 750 sqft69.7 sqmt1 Bed | Developer |
| Avencia 45, Damac Hills 2Off-planApartment | AED 425,000AED 862 /sqftAED 9,278 /sqmt | 1,127 sqft104.7 sqmt1 Bed | Owner |
| Avencia 45, Damac Hills 2Off-planApartment | AED 566,000AED 887 /sqftAED 9,548 /sqmt | 638 sqft59.3 sqmt1 Bed | Developer |
| Avencia 45, Damac Hills 2Off-planApartment | AED 585,000AED 918 /sqftAED 9,881 /sqmt | 637 sqft59.2 sqmt1 Bed | Developer |
| Avencia 45, Damac Hills 2Off-planApartment | AED 400,000AED 627 /sqftAED 6,749 /sqmt | 638 sqft59.3 sqmt1 Bed | Owner |
| Avencia 45, Damac Hills 2Off-planApartment | AED 595,000AED 484 /sqftAED 5,210 /sqmt | 1,230 sqft114.3 sqmt1 Bed | Developer |
| Avencia 45, Damac Hills 2Off-planApartment | AED 625,000AED 980 /sqftAED 10,549 /sqmt | 638 sqft59.3 sqmt1 Bed | Developer |
| Avencia 45, Damac Hills 2Off-planApartment | AED 625,000AED 555 /sqftAED 5,974 /sqmt | 1,127 sqft104.7 sqmt1 Bed | Developer |
Avencia 45
Damac Hills 2
AED 613.5K
AED 962 /sqftAED 10,355 /sqmt
ReadyApartment638 sqft59.3 sqmt1 BedOwner9 May 2023Avencia 45
Damac Hills 2
AED 556K
AED 741 /sqftAED 7,976 /sqmt
ReadyApartment750 sqft69.7 sqmt1 BedDeveloper22 Jul 2022Avencia 45
Damac Hills 2
AED 425K
AED 862 /sqftAED 9,278 /sqmt
Off-planApartment1,127 sqft104.7 sqmt1 BedOwner22 Apr 2022Avencia 45
Damac Hills 2
AED 566K
AED 887 /sqftAED 9,548 /sqmt
Off-planApartment638 sqft59.3 sqmt1 BedDeveloper22 Apr 2022Avencia 45
Damac Hills 2
AED 585K
AED 918 /sqftAED 9,881 /sqmt
Off-planApartment637 sqft59.2 sqmt1 BedDeveloper30 Sept 2021Avencia 45
Damac Hills 2
AED 400K
AED 627 /sqftAED 6,749 /sqmt
Off-planApartment638 sqft59.3 sqmt1 BedOwner20 Aug 2020Avencia 45
Damac Hills 2
AED 595K
AED 484 /sqftAED 5,210 /sqmt
Off-planApartment1,230 sqft114.3 sqmt1 BedDeveloper7 Jun 2018Avencia 45
Damac Hills 2
AED 625K
AED 980 /sqftAED 10,549 /sqmt
Off-planApartment638 sqft59.3 sqmt1 BedDeveloper3 Apr 2017Avencia 45
Damac Hills 2
AED 625K
AED 555 /sqftAED 5,974 /sqmt
Off-planApartment1,127 sqft104.7 sqmt1 BedDeveloper3 Apr 2017
| LocationContract and unit | Annual rentAED a year | SpecsSize and bedrooms | Contract dateStart – End |
|---|---|---|---|
| Avencia 45, Damac Hills 2ApartmentNew contract | AED 55,000 | 638 sqft59.3 sqmt1 Bed | to |
Avencia 45
Damac Hills 2
AED 55K/yr
ApartmentNew contract638 sqft59.3 sqmt1 Bedto
Service charges in Avencia 45
The 2026 service charge in Avencia 45 is AED 7.39 per sq ft for homes. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department.
| Unit type | Rate per sq ft | Size | Yearly charge |
|---|---|---|---|
| 1 Bed Apartment (2026) | AED 7.39 | 640 sqft59.5 sqmt – 1,230 sqft114.3 sqmt | AED 4,730 – AED 9,090 |
Source: Dubai Land Department service charge index. Rates are reviewed each year.
Nearby amenities
Around Avencia 45
Transportation near Avencia 45
Other buildings in Madinat Hind 4
Madinat Hind 4 has 61 buildings. A few others to compare Avencia 45 with:
- Ready
- Ready
- Ready
- Ready
- Ready
- Ready
Things to consider about Avencia 45
In its favour
- A median gross yield of 9.3% on recent sales.
- Ready to move into or let, with no construction risk.
Worth checking
- Few sales each year, so a resale can take longer and prices move on a handful of deals.
FAQs
Avencia 45: questions answered
Buying, selling or renting in Avencia 45?
A broker who works Madinat Hind 4 will tell you what is available and what comparable homes went for.