1-bed · 955 sqftAvanti Tower, Business Bay · 5th floor · completed 2018

504, Avanti Tower

Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 9 February 2025
Last soldAED 1.18M27 July 2023
Current rentAED 92K /yr9 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Avanti Tower

What is 504 worth today?

Last sold for AED 1,179,269 in 2023

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9 Feb 2025RentedNew contract
AED 92,000/yr12 months · AED 96 per sqft
1 Aug 2024RentedNew contract
AED 78,750/yr12 months · AED 82 per sqft
1 Aug 2023RentedRenewal
AED 75,000/yr12 months · AED 78 per sqft
27 Jul 2023SoldReady
AED 1,179,269AED 1,234 per sqft
1 Aug 2022RentedNew contract
AED 75,000/yr12 months · AED 78 per sqft
25 Aug 2021RentedRenewal
AED 63,000/yr12 months · AED 66 per sqft
25 Aug 2020RentedRenewal
AED 60,000/yr12 months · AED 63 per sqft
7 May 2015Sold by developerOff-plan
AED 1,757,500AED 1,840 per sqft

Source: Dubai Land Department. Updated 9 February 2025.

Key facts

Type
1-bed hotel apartment
Size
955 sqft
Floor
5th of 15
Parking
P1-19
Developer
DAMAC
Completed
2018
Last sold
AED 1.18M · July 2023
Building
Avanti Tower

About 504, Avanti Tower

504 is a one-bedroom hotel apartment of 955 sqft on the 5th floor of Avanti Tower, a 15-storey tower in Business Bay completed in 2018 by DAMAC. It last sold on 27 July 2023 for AED 1,179,269, or AED 1,234 per sqft, 17% below the AED 1,480 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 9 February 2025, is AED 92,000 a year: a gross yield of 7.8% on the 2023 price.

Sales and rents for 504 over time

Sales
Unit 504, 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, May 2015: AED 1,757,500 (AED 1,840 per sqft)Sold, July 2023: AED 1,179,269 (AED 1,234 per sqft)

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

Rents
Unit 504, 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 90,000Renewal, August 2020: AED 60,000 a yearRenewal, August 2021: AED 63,000 a yearNew contract, August 2022: AED 75,000 a yearRenewal, August 2023: AED 75,000 a yearNew contract, August 2024: AED 78,750 a yearNew contract, February 2025: AED 92,000 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 504 sits

All 61 1-beds →

504 last sold in July 2023 at AED 1,234 per sqft, 17% below 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. 504's AED 92,000 is in the lower half 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 5th floor

All 159 units in Avanti Tower
Value
5012-bedAED 1.45M · Aug 2024
5021-bedAED 1M · Feb 2025
503StudioAED 532K · May 2025
5052-bedAED 1.52M · Feb 2026
506StudioAED 1.01M · Jan 2018
507StudioAED 720K · Jul 2025
5081-bedAED 1.2M · Jun 2022
1–7 of 12

504, Avanti Tower in numbers

  • Sold twice: first on 7 May 2015 for AED 1,757,500, last on 27 July 2023 for AED 1,179,269 (AED 1,234 per sqft).
  • Rented since August 2020 on 6 Ejari contracts, from AED 60,000 to AED 92,000 a year.
  • At AED 92,000 a year the gross yield on the 2023 price is 7.8%.
  • 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 9 February 2025.

Questions about 504, Avanti Tower

What did unit 504 last sell for?

AED 1,179,269 on 27 July 2023: AED 1,234 per sqft for 955 sqft. The unit has 2 registered sales; the first was AED 1,757,500 in May 2015.

What is the rent for unit 504?

AED 92,000 a year on the contract signed on 9 February 2025. The previous contract, from August 2024, was AED 78,750; the unit has been rented since August 2020.

How big is unit 504?

955 sqft (88.7 sqm): a one-bedroom hotel apartment on the 5th floor of a 15-storey tower completed in 2018.

What is unit 504 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 504, Avanti Tower

Starts from the last sale price (AED 1.18M, 27 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,179,269
Deposit, UAE resident (20%)
AED 235,854
Deposit, non-resident (40%)
AED 471,708
Monthly over 25 years at 3.7%
AED 4,825

Plus AED 54,540 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →