1504, Avanti Tower
Sold prices and rental history: sold once, by the developer in June 2014, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1504, Avanti Tower
What is 1504 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 30 September 2024.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 956 sqft
- Floor
- 15th of 15
- Parking
- P3-35
- Developer
- DAMAC
- Completed
- 2018
- Last sold
- AED 1.76M · June 2014
- Building
- Avanti Tower
About 1504, Avanti Tower
1504 is a one-bedroom hotel apartment of 956 sqft on the 15th floor of Avanti Tower, a 15-storey tower in Business Bay completed in 2018 by DAMAC. The developer sold it on 3 June 2014 for AED 1,757,000, or AED 1,836 per sqft, in line with the AED 1,857 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 30 September 2024, is AED 80,000 a year: a gross yield of 4.5% on the 2014 price.
Sales and rents for 1504 over time
1504 has sold once; the dashed line is the one-bed median of each year in the building.
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 1504 sits
All 61 1-beds →1504 last sold in June 2014 at AED 1,836 per sqft, in line with what one-beds in Avanti Tower were fetching at the time (AED 1,857). 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. 1504's AED 80,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Jul 20257 July 2025 | 905 sqft | 1,200,000 | 1,326 | ||
| 12 Jun 202512 June 2025 | 957 sqft | 1,068,952 | 1,117 | ||
| 1 May 20251 May 2025 | 913 sqft | 1,100,000 | 1,204 | ||
| 8 Apr 20258 April 2025 | 929 sqft | 1,000,000 | 1,076 |
Avanti Tower
Building159 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%
Other units on the 15th floor
All 159 units in Avanti Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 2-bed | 1,328 sqft | AED 2.56MAED 2,560,250 · Jun 2014June 2014 | 125,000 /yr | |
| 1502 | 1-bed | 885 sqft | AED 1.65MAED 1,650,250 · Jun 2014June 2014 | 69,575 /yr | |
| 1503 | Studio | 543 sqft | AED 1.01MAED 1,006,250 · Jun 2014June 2014 | 50,000 /yr | |
| 1505 | 2-bed | 1,266 sqft | AED 2.44MAED 2,444,750 · Jun 2014June 2014 | 119,000 /yr | |
| 1506 | Studio | 512 sqft | AED 950KAED 950,250 · Jun 2014June 2014 | 55,000 /yr | |
| 1507 | 3-bed | 1,820 sqft | AED 3.51MAED 3,505,250 · Jun 2014June 2014 | 141,000 /yr | |
| 1508 | 1-bed | 929 sqft | AED 1.73MAED 1,730,750 · Jun 2014June 2014 | 80,000 /yr | |
| 1509 | Studio | 536 sqft | AED 996KAED 995,750 · Jun 2014June 2014 | 50,000 /yr | |
| 1510 | 1-bed | 907 sqft | AED 1.68MAED 1,678,250 · Jun 2014June 2014 | 85,000 /yr | |
| 1511 | 2-bed | 1,214 sqft | AED 2.3MAED 2,303,000 · Jun 2014June 2014 | 120,000 /yr |
1504, Avanti Tower in numbers
- Sold once: by DAMAC on 3 June 2014 for AED 1,757,000, or AED 1,836 per sqft.
- Rented since November 2019 on 5 Ejari contracts. The rent fell from AED 68,000 to AED 60,000 in 2021 and recovered to AED 80,000 by September 2024.
- At AED 80,000 a year the gross yield on the 2014 price is 4.5%.
- 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: YallaValue analysis of Dubai Land Department records. Updated 30 September 2024.
Questions about 1504, Avanti Tower
What did unit 1504 last sell for?
AED 1,757,000 on 3 June 2014, sold by the developer: AED 1,836 per sqft for 956 sqft. It is the only registered sale of the unit.
What is the rent for unit 1504?
AED 80,000 a year on the contract signed on 30 September 2024. The previous contract, from September 2023, was AED 75,000; the unit has been rented since November 2019.
How big is unit 1504?
956 sqft (88.8 sqm): a one-bedroom hotel apartment on the 15th floor of a 15-storey tower completed in 2018.
What is unit 1504 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 1504, Avanti Tower
Starts from the last sale price (AED 1.76M, 3 June 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,757,000
- Deposit, UAE resident (20%)
- AED 351,400
- Deposit, non-resident (40%)
- AED 702,800
- Monthly over 25 years at 3.7%
- AED 7,188
Plus AED 78,804 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →