1-bed · 929 sqftAvanti Tower, Business Bay · 11th floor · completed 2018

1108, Avanti Tower

Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1108 · DLD and Ejari recordsUpdated 16 July 2024
Last soldAED 1.25M16 July 2024
Current rentAED 63K /yr11 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1108, Avanti Tower

What is 1108 worth today?

Last sold for AED 1,250,000 in 2024

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16 Jul 2024SoldReady
AED 1,250,000AED 1,345 per sqft
11 Sep 2023RentedRenewal
AED 63,020/yr9 months · AED 68 per sqft
11 Aug 2022RentedRenewal
AED 60,000/yr13 months · AED 65 per sqft
11 Jul 2021RentedNew contract
AED 60,000/yr13 months · AED 65 per sqft
3 Jun 2020RentedRenewal
AED 62,000/yr12 months · AED 67 per sqft
3 Jun 2019RentedNew contract
AED 70,000/yr12 months · AED 75 per sqft
3 Nov 2014Sold by developerOff-plan
AED 1,741,350AED 1,875 per sqft

Source: Dubai Land Department. Updated 16 July 2024.

Key facts

Type
1-bed hotel apartment
Size
929 sqft
Floor
11th of 15
Parking
P3-1
Developer
DAMAC
Completed
2018
Last sold
AED 1.25M · July 2024
Building
Avanti Tower

About 1108, Avanti Tower

1108 is a one-bedroom hotel apartment of 929 sqft on the 11th floor of Avanti Tower, a 15-storey tower in Business Bay completed in 2018 by DAMAC. It last sold on 16 July 2024 for AED 1,250,000, or AED 1,345 per sqft, 4% below the AED 1,394 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 11 September 2023, is AED 63,020 a year: a gross yield of 5.0% on the 2024 price.

Sales and rents for 1108 over time

Sales
Unit 1108, each saleTypical one-bed in Avanti Tower
1M1.5M20142017202020232026Typical sale price by year: 2014 AED 1,741,350; 2015 AED 1,757,500; 2017 AED 1,231,000; 2018 AED 1,499,500; 2019 AED 1,446,500; 2021 AED 888,520; 2022 AED 1,192,425; 2023 AED 1,332,775; 2024 AED 1,396,500; 2025 AED 1,044,476Sold by developer, November 2014: AED 1,741,350 (AED 1,875 per sqft)Sold, July 2024: AED 1,250,000 (AED 1,345 per sqft)

1108 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1108, each contractTypical one-bed in Avanti Tower
60K80K20192021202320252027Typical rent by year: 2019 AED 68,000; 2020 AED 60,000; 2021 AED 60,000; 2022 AED 69,000; 2023 AED 76,500; 2024 AED 83,000; 2025 AED 85,000; 2026 AED 90,000New contract, June 2019: AED 70,000 a yearRenewal, June 2020: AED 62,000 a yearNew contract, July 2021: AED 60,000 a yearRenewal, August 2022: AED 60,000 a yearRenewal, September 2023: AED 63,020 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Avanti Tower, and where 1108 sits

All 61 1-beds →

1108 last sold in July 2024 at AED 1,345 per sqft, 4% below what one-beds in Avanti Tower were fetching at the time (AED 1,394). Over the last 12 months one-beds sold for AED 1,275,000, around AED 1,473 per sqft, and rent for AED 85,000 to 115,000 a year. 1108's AED 63,020 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
7 Jul 20251,200,000
12 Jun 20251,068,952
1 May 20251,100,000
8 Apr 20251,000,000
1 1-bed sale in the last 12 months

Avanti Tower

Building

159 apartments, studios to 3-bed over 15 floors in Business Bay, completed in 2018 by DAMAC. 4 sold in the last 12 months.

Typical price per sqft
AED 1,478
Typical sale
AED 1.4M
Typical rent
AED 85K /yr
Typical yield
7.2%
Avanti Tower, Business Bay: prices, sales and rents →

Other units on the 11th floor

All 159 units in Avanti Tower
Value
11012-bedAED 1.68M · Jun 2021
1102AED 1.52M · Sep 2025
1103StudioAED 983K · Jan 2024
11041-bedAED 1.07M · Jun 2025
11051-bedAED 883K · Sep 2021
1106StudioAED 896K · Mar 2023
1107StudioAED 680K · Dec 2023
1–7 of 13

1108, Avanti Tower in numbers

  • Sold twice: first on 3 November 2014 for AED 1,741,350, last on 16 July 2024 for AED 1,250,000 (AED 1,345 per sqft).
  • Rented since June 2019 on 5 Ejari contracts, from AED 70,000 to AED 63,020 a year.
  • At AED 63,020 a year the gross yield on the 2024 price is 5.0%.
  • One-beds in Avanti Tower sold for AED 1,275,000–1,275,000 in the 12 months to November 2026; the building's median across all types is AED 1,478 per sqft.

Source: Dubai Land Department. Updated 16 July 2024.

Questions about 1108, Avanti Tower

What did unit 1108 last sell for?

AED 1,250,000 on 16 July 2024: AED 1,345 per sqft for 929 sqft. The unit has 2 registered sales; the first was AED 1,741,350 in November 2014.

What is the rent for unit 1108?

AED 63,020 a year on the contract renewed on 11 September 2023. The previous contract, from August 2022, was AED 60,000; the unit has been rented since June 2019.

How big is unit 1108?

929 sqft (86.3 sqm): a one-bedroom hotel apartment on the 11th floor of a 15-storey tower completed in 2018.

What is unit 1108 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Avanti Tower sold for AED 1,275,000 to 1,275,000 in the last 12 months, around AED 1,473 per sqft.

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Mortgage on 1108, Avanti Tower

Starts from the last sale price (AED 1.25M, 16 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

Plus AED 57,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →