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1-bed · 929 sqftAvanti Tower, Business Bay · 15th floor · completed 2018

1508, 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.

Unit 1508 · DLD and Ejari recordsUpdated 12 May 2025
Last soldAED 1.73M3 June 2014
Current rentAED 80K /yr12 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1508, Avanti Tower

What is 1508 worth today?

Last sold for AED 1,730,750 in 2014

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12 May 2025RentedNew contract
AED 80,000/yr12 months · AED 86 per sqft
21 Apr 2024RentedRenewal
AED 90,000/yr12 months · AED 97 per sqft
15 Dec 2021RentedRenewal
AED 65,000/yr12 months · AED 70 per sqft
23 Oct 2019RentedNew contract
AED 70,000/yr12 months · AED 76 per sqft
3 Jun 2014Sold by developerOff-plan
AED 1,730,750AED 1,863 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 May 2025.

Key facts

Type
1-bed hotel apartment
Size
929 sqft
Floor
15th of 15
Parking
P3-39
Developer
DAMAC
Completed
2018
Last sold
AED 1.73M · June 2014
Building
Avanti Tower

About 1508, Avanti Tower

1508 is a one-bedroom hotel apartment of 929 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 1,730,750, or AED 1,863 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 4 Ejari contracts. The current contract, signed on 12 May 2025, is AED 80,000 a year: a gross yield of 4.6% on the 2014 price.

Sales and rents for 1508 over time

Sales
Unit 1508, 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, June 2014: AED 1,730,750 (AED 1,863 per sqft)

1508 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1508, 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, October 2019: AED 70,000 a yearRenewal, December 2021: AED 65,000 a yearRenewal, April 2024: AED 90,000 a yearNew contract, May 2025: AED 80,000 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 1508 sits

All 61 1-beds →

1508 last sold in June 2014 at AED 1,863 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. 1508's AED 80,000 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 15th floor

All 159 units in Avanti Tower
Value
15012-bedAED 2.56M · Jun 2014
15021-bedAED 1.65M · Jun 2014
1503StudioAED 1.01M · Jun 2014
15041-bedAED 1.76M · Jun 2014
15052-bedAED 2.44M · Jun 2014
1506StudioAED 950K · Jun 2014
15073-bedAED 3.51M · Jun 2014
1–7 of 10

1508, Avanti Tower in numbers

  • Sold once: by DAMAC on 3 June 2014 for AED 1,730,750, or AED 1,863 per sqft.
  • Rented since October 2019 on 4 Ejari contracts, from AED 70,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2014 price is 4.6%.
  • 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 12 May 2025.

Questions about 1508, Avanti Tower

What did unit 1508 last sell for?

AED 1,730,750 on 3 June 2014, sold by the developer: AED 1,863 per sqft for 929 sqft. It is the only registered sale of the unit.

What is the rent for unit 1508?

AED 80,000 a year on the contract signed on 12 May 2025. The previous contract, from April 2024, was AED 90,000; the unit has been rented since October 2019.

How big is unit 1508?

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

What is unit 1508 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 1508, Avanti Tower

Starts from the last sale price (AED 1.73M, 3 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,730,750
Deposit, UAE resident (20%)
AED 346,150
Deposit, non-resident (40%)
AED 692,300
Monthly over 25 years at 3.7%
AED 7,081

Plus AED 77,702 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →