1-bed · 993 sqftAvanti Tower, Business Bay · 4th floor · completed 2018

408, Avanti Tower

Sold prices and rental history: sold once, by the developer in July 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 27 July 2023
Last soldAED 1.52M27 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Avanti Tower

What is 408 worth today?

Last sold for AED 1,516,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

27 Jul 2023Sold by developerReady
AED 1,516,000AED 1,526 per sqft

Source: Dubai Land Department. Updated 27 July 2023.

Key facts

Type
1-bed apartment
Size
993 sqft
Floor
4th of 15
Parking
nan
Developer
DAMAC
Completed
2018
Last sold
AED 1.52M · July 2023
Building
Avanti Tower

About 408, Avanti Tower

408 is a one-bedroom apartment of 993 sqft on the 4th floor of Avanti Tower, a 15-storey tower in Business Bay completed in 2018 by DAMAC. The developer sold it on 27 July 2023 for AED 1,516,000, or AED 1,526 per sqft, 3% above the AED 1,480 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 408 over time

Sales
Unit 408, 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, July 2023: AED 1,516,000 (AED 1,526 per sqft)

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

Rents
Unit 408, 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 90,000

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 408 sits

All 61 1-beds →

408 last sold in July 2023 at AED 1,526 per sqft, 3% above what one-beds in Avanti Tower were fetching at the time (AED 1,480). 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.

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 4th floor

All 159 units in Avanti Tower
Value
4012-bedAED 1.88M · Jul 2022
4021-bedAED 1.12M · Dec 2024
403StudioAED 1.09M · Oct 2014
4041-bedAED 1.16M · Jul 2024
4051-bedAED 1.23M · May 2017
406StudioAED 675K · May 2024
407StudioAED 755K · Jun 2025
1–7 of 12

408, Avanti Tower in numbers

  • Sold once: by DAMAC on 27 July 2023 for AED 1,516,000, or AED 1,526 per sqft.
  • 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 27 July 2023.

Questions about 408, Avanti Tower

What did unit 408 last sell for?

AED 1,516,000 on 27 July 2023, sold by the developer: AED 1,526 per sqft for 993 sqft. It is the only registered sale of the unit.

How big is unit 408?

993 sqft (92.3 sqm): a one-bedroom apartment on the 4th floor of a 15-storey tower completed in 2018.

What is unit 408 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.

Selling 408? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 408, Avanti Tower

Starts from the last sale price (AED 1.52M, 27 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,516,000
Deposit, UAE resident (20%)
AED 303,200
Deposit, non-resident (40%)
AED 606,400
Monthly over 25 years at 3.7%
AED 6,202

Plus AED 68,682 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →