Studio · 543 sqftAvanti Tower, Business Bay · 10th floor · completed 2018

1003, Avanti Tower

Sold prices and rental history: sold twice, last 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 1003 · DLD and Ejari recordsUpdated 19 May 2022
Last soldAED 575K19 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1003, Avanti Tower

What is 1003 worth today?

Last sold for AED 575,000 in 2022

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19 May 2022SoldReady
AED 575,000AED 1,058 per sqft
17 Aug 2014Sold by developerOff-plan
AED 1,097,250AED 2,020 per sqft

Source: Dubai Land Department. Updated 19 May 2022.

Key facts

Type
Studio apartment
Size
543 sqft
Floor
10th of 15
Parking
P2-35
Developer
DAMAC
Completed
2018
Last sold
AED 575K · May 2022
Building
Avanti Tower

About 1003, Avanti Tower

1003 is a studio of 543 sqft on the 10th floor of Avanti Tower, a 15-storey tower in Business Bay completed in 2018 by DAMAC. It last sold on 19 May 2022 for AED 575,000, or AED 1,058 per sqft, 27% below the AED 1,453 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1003 over time

Sales
Unit 1003, each saleTypical studio in Avanti Tower
500K750K1M20142017202020232026Typical sale price by year: 2014 AED 1,086,800; 2017 AED 868,280; 2018 AED 891,100; 2019 AED 1,011,000; 2021 AED 725,500; 2022 AED 663,000; 2023 AED 611,000; 2024 AED 700,000; 2025 AED 735,000Sold by developer, August 2014: AED 1,097,250 (AED 2,020 per sqft)Sold, May 2022: AED 575,000 (AED 1,058 per sqft)

1003 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1003, each contractTypical studio in Avanti Tower
40K60K20192021202320252027Typical rent by year: 2019 AED 48,000; 2020 AED 35,000; 2021 AED 38,000; 2022 AED 48,000; 2023 AED 55,000; 2024 AED 60,000; 2025 AED 60,000; 2026 AED 54,000

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

Studios in Avanti Tower, and where 1003 sits

All 63 studios →

1003 last sold in May 2022 at AED 1,058 per sqft, 27% below what studios in Avanti Tower were fetching at the time (AED 1,453). Over the last 12 months studios sold for AED 700,000 to 750,000, around AED 1,445 per sqft, and rent for AED 40,000 to 70,000 a year.

Recent studio salesUnit no.Price (AED)Summary
21 May 2026750,000
11 Dec 2025700,000
9 Jul 2025720,000
2 Jun 2025755,000
2 studio 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. 9 sold in the last 12 months.

Typical price per sqft
AED 1,408
Typical sale
AED 1.25M
Typical rent
AED 70K /yr
Typical yield
6.9%
Avanti Tower, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 159 units in Avanti Tower
Value
10012-bedAED 2.02M · Jan 2026
10021-bedAED 1.37M · Nov 2022
10041-bedAED 1.45M · Jun 2023
10051-bedAED 1.02M · Feb 2025
1006StudioAED 1.17M · May 2014
1007StudioAED 806K · Dec 2014
10081-bedAED 1M · Apr 2025
1–7 of 13

1003, Avanti Tower in numbers

  • Sold twice: first on 17 August 2014 for AED 1,097,250, last on 19 May 2022 for AED 575,000 (AED 1,058 per sqft).
  • Studios in Avanti Tower sold for AED 700,000–750,000 in the 12 months to November 2026; the building's median across all types is AED 1,408 per sqft.

Source: Dubai Land Department. Updated 19 May 2022.

Questions about 1003, Avanti Tower

What did unit 1003 last sell for?

AED 575,000 on 19 May 2022: AED 1,058 per sqft for 543 sqft. The unit has 2 registered sales; the first was AED 1,097,250 in August 2014.

How big is unit 1003?

543 sqft (50.4 sqm): a studio on the 10th floor of a 15-storey tower completed in 2018.

What is unit 1003 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Avanti Tower sold for AED 700,000 to 750,000 in the last 12 months, around AED 1,445 per sqft.

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Mortgage on 1003, Avanti Tower

Starts from the last sale price (AED 575K, 19 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 575,000
Deposit, UAE resident (20%)
AED 115,000
Deposit, non-resident (40%)
AED 230,000
Monthly over 25 years at 3.7%
AED 2,353

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →