1-bed · 883 sqftAvanti Tower, Business Bay · 6th floor · completed 2018

602, Avanti Tower

Sold prices and rental history: sold 3 times, last in December 2021, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 10 February 2025
Last soldAED 955K19 December 2021
Current rentAED 90K /yr10 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Avanti Tower

What is 602 worth today?

Last sold for AED 955,000 in 2021

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10 Feb 2025RentedNew contract
AED 90,000/yr12 months · AED 102 per sqft
28 Jan 2025RentedNew contract
AED 90,000/yr5 months · AED 102 per sqft
1 Jul 2024RentedNew contract
AED 90,000/yr12 months · AED 102 per sqft
15 Sep 2023RentedRenewal
AED 76,000/yr6 months · AED 86 per sqft
15 Sep 2022RentedNew contract
AED 66,000/yr12 months · AED 75 per sqft
19 Dec 2021SoldReady
AED 955,000AED 1,081 per sqft
15 Sep 2021RentedNew contract
AED 60,000/yr12 months · AED 68 per sqft
24 Nov 2020RentedNew contract
AED 60,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 10 February 2025.

Key facts

Type
1-bed hotel apartment
Size
883 sqft
Floor
6th of 15
Parking
P1-29
Developer
DAMAC
Completed
2018
Last sold
AED 955K · December 2021
Building
Avanti Tower

About 602, Avanti Tower

602 is a one-bedroom hotel apartment of 883 sqft on the 6th floor of Avanti Tower, a 15-storey tower in Business Bay completed in 2018 by DAMAC. It last sold on 19 December 2021 for AED 955,000, or AED 1,081 per sqft, 15% below the AED 1,269 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 7 Ejari contracts. The current contract, signed on 10 February 2025, is AED 90,000 a year: a gross yield of 9.4% on the 2021 price.

Sales and rents for 602 over time

Sales
Unit 602, 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, September 2016: AED 1,555,950 (AED 1,761 per sqft)Sold, January 2018: AED 1,000,000 (AED 1,132 per sqft)Sold, December 2021: AED 955,000 (AED 1,081 per sqft)

602 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 602, 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, November 2020: AED 60,000 a yearNew contract, September 2021: AED 60,000 a yearNew contract, September 2022: AED 66,000 a yearRenewal, September 2023: AED 76,000 a yearNew contract, July 2024: AED 90,000 a yearNew contract, January 2025: AED 90,000 a yearNew contract, February 2025: AED 90,000 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 602 sits

All 61 1-beds →

602 last sold in December 2021 at AED 1,081 per sqft, 15% below what one-beds in Avanti Tower were fetching at the time (AED 1,269). 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. 602's AED 90,000 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 6th floor

All 159 units in Avanti Tower
Value
6012-bedAED 1.65M · Jul 2022
603StudioAED 590K · Mar 2023
6041-bedNo registered sale
6051-bedAED 885K · Mar 2022
606StudioAED 1.03M · Jun 2014
607StudioAED 570K · Dec 2022
6081-bedAED 1.4M · May 2023
1–7 of 13

602, Avanti Tower in numbers

  • Sold 3 times: first on 5 September 2016 for AED 1,555,950, last on 19 December 2021 for AED 955,000 (AED 1,081 per sqft).
  • Rented since November 2020 on 7 Ejari contracts, from AED 60,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2021 price is 9.4%.
  • 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 10 February 2025.

Questions about 602, Avanti Tower

What did unit 602 last sell for?

AED 955,000 on 19 December 2021: AED 1,081 per sqft for 883 sqft. The unit has 3 registered sales; the first was AED 1,555,950 in September 2016.

What is the rent for unit 602?

AED 90,000 a year on the contract signed on 10 February 2025. The previous contract, from January 2025, was AED 90,000; the unit has been rented since November 2020.

How big is unit 602?

883 sqft (82.0 sqm): a one-bedroom hotel apartment on the 6th floor of a 15-storey tower completed in 2018.

What is unit 602 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 602, Avanti Tower

Starts from the last sale price (AED 955K, 19 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 955,000
Deposit, UAE resident (20%)
AED 191,000
Deposit, non-resident (40%)
AED 382,000
Monthly over 25 years at 3.7%
AED 3,907

Plus AED 45,120 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →