2-bed · 1,290 sqftAvanti Tower, Business Bay · 5th floor · completed 2018

511, Avanti Tower

Sold prices and rental history: sold once, by the developer in May 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 511 · DLD and Ejari recordsUpdated 10 May 2022
Last soldAED 1.6M10 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 511, Avanti Tower

What is 511 worth today?

Last sold for AED 1,603,000 in 2022

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10 May 2022Sold by developerReady
AED 1,603,000AED 1,243 per sqft

Source: Dubai Land Department. Updated 10 May 2022.

Key facts

Type
2-bed apartment
Size
1,290 sqft
Floor
5th of 15
Parking
P1-27
Developer
DAMAC
Completed
2018
Last sold
AED 1.6M · May 2022
Building
Avanti Tower

About 511, Avanti Tower

511 is a two-bedroom apartment of 1,290 sqft on the 5th floor of Avanti Tower, a 15-storey tower in Business Bay completed in 2018 by DAMAC. The developer sold it on 10 May 2022 for AED 1,603,000, or AED 1,243 per sqft, in line with the AED 1,253 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 511 over time

Sales
Unit 511, each saleTypical two-bed in Avanti Tower
1.5M2M2.5M20142017202020232026Typical sale price by year: 2014 AED 2,444,750; 2022 AED 1,636,600; 2023 AED 1,750,000; 2025 AED 1,615,000Sold by developer, May 2022: AED 1,603,000 (AED 1,243 per sqft)

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

Rents
Unit 511, each contractTypical two-bed in Avanti Tower
75K100K125K2019202120232025Typical rent by year: 2019 AED 92,231; 2020 AED 85,000; 2021 AED 75,000; 2022 AED 92,500; 2023 AED 110,000; 2024 AED 122,500; 2025 AED 120,000

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

2-beds in Avanti Tower, and where 511 sits

All 29 2-beds →

511 last sold in May 2022 at AED 1,243 per sqft, in line with what two-beds in Avanti Tower were fetching at the time (AED 1,253). Over the last 12 months two-beds sold for AED 1,517,533 to 2,015,000, around AED 1,398 per sqft, and rent for AED 125,000 to 125,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Feb 20261,517,533
14 Jan 20262,015,000
30 May 20251,680,000
12 Mar 20251,700,000
2 2-bed sales 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
7.1%
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
5041-bedAED 1.18M · Jul 2023
5052-bedAED 1.52M · Feb 2026
506StudioAED 1.01M · Jan 2018
507StudioAED 720K · Jul 2025
1–7 of 12

511, Avanti Tower in numbers

  • Sold once: by DAMAC on 10 May 2022 for AED 1,603,000, or AED 1,243 per sqft.
  • Two-beds in Avanti Tower sold for AED 1,517,533–2,015,000 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 10 May 2022.

Questions about 511, Avanti Tower

What did unit 511 last sell for?

AED 1,603,000 on 10 May 2022, sold by the developer: AED 1,243 per sqft for 1,290 sqft. It is the only registered sale of the unit.

How big is unit 511?

1,290 sqft (119.8 sqm): a two-bedroom apartment on the 5th floor of a 15-storey tower completed in 2018.

What is unit 511 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Avanti Tower sold for AED 1,517,533 to 2,015,000 in the last 12 months, around AED 1,398 per sqft.

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Mortgage on 511, Avanti Tower

Starts from the last sale price (AED 1.6M, 10 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,603,000
Deposit, UAE resident (20%)
AED 320,600
Deposit, non-resident (40%)
AED 641,200
Monthly over 25 years at 3.7%
AED 6,558

Plus AED 72,336 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →