1007, Avanti Tower
Sold prices and rental history: sold once, by the developer in December 2014, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1007, Avanti Tower
What is 1007 worth today?
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Source: Dubai Land Department. Updated 28 October 2023.
Key facts
- Type
- Studio hotel apartment
- Size
- 384 sqft
- Floor
- 10th of 15
- Parking
- P2-40
- Developer
- DAMAC
- Completed
- 2018
- Last sold
- AED 806K · December 2014
- Building
- Avanti Tower
About 1007, Avanti Tower
1007 is a studio of 384 sqft on the 10th floor of Avanti Tower, a 15-storey tower in Business Bay completed in 2018 by DAMAC. The developer sold it on 4 December 2014 for AED 806,000, or AED 2,098 per sqft, 3% above the AED 2,034 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 28 October 2023, is AED 78,000 a year: a gross yield of 9.7% on the 2014 price.
Sales and rents for 1007 over time
1007 has sold once; the dashed line is the studio median of each year in the building.
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 1007 sits
All 63 studios →1007 last sold in December 2014 at AED 2,098 per sqft, 3% above what studios in Avanti Tower were fetching at the time (AED 2,034). 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. 1007's AED 78,000 is at the top of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 May 202621 May 2026 | 532 sqft | 750,000 | 1,408 | ||
| 11 Dec 202511 December 2025 | 472 sqft | 700,000 | 1,482 | ||
| 9 Jul 20259 July 2025 | 384 sqft | 720,000 | 1,874 | ||
| 2 Jun 20252 June 2025 | 384 sqft | 755,000 | 1,964 |
Avanti Tower
Building159 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%
Other units on the 10th floor
All 159 units in Avanti Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 2-bed | 1,241 sqft | AED 2.02MAED 2,015,000 · Jan 2026January 2026 | 110,000 /yr | |
| 1002 | 1-bed | 884 sqft | AED 1.37MAED 1,365,000 · Nov 2022November 2022 | 85,000 /yr | |
| 1003 | Studio | 543 sqft | AED 575KAED 575,000 · May 2022May 2022 | ||
| 1004 | 1-bed | 956 sqft | AED 1.45MAED 1,446,480 · Jun 2023June 2023 | ||
| 1005 | 1-bed | 696 sqft | AED 1.02MAED 1,020,000 · Feb 2025February 2025 | 88,000 /yr | |
| 1006 | Studio | 565 sqft | AED 1.17MAED 1,165,650 · May 2014May 2014 | 65,000 /yr | |
| 1008 | 1-bed | 929 sqft | AED 1MAED 1,000,000 · Apr 2025April 2025 | 83,000 /yr | |
| 1009 | Studio | 536 sqft | AED 1.09MAED 1,086,800 · Jun 2014June 2014 | 47,000 /yr | |
| 1010 | 1-bed | 907 sqft | AED 1.18MAED 1,184,000 · May 2022May 2022 | 70,000 /yr | |
| 1011 | 2-bed | 1,299 sqft | AED 1.63MAED 1,628,000 · Feb 2022February 2022 | 150,000 /yr | |
| 1005A | Studio | 552 sqft | AED 1.05MAED 1,050,000 · Aug 2017August 2017 | 60,000 /yr | |
| 1007A | Studio | 456 sqft | AED 886KAED 886,000 · Aug 2017August 2017 | 53,000 /yr | |
| 1007B | 1-bed | 865 sqft | AED 1.44MAED 1,442,430 · Nov 2018November 2018 | 80,000 /yr |
1007, Avanti Tower in numbers
- Sold once: by DAMAC on 4 December 2014 for AED 806,000, or AED 2,098 per sqft.
- Rented since June 2019 on 4 Ejari contracts. The rent fell from AED 50,000 to AED 33,000 in 2021 and recovered to AED 78,000 by October 2023.
- At AED 78,000 a year the gross yield on the 2014 price is 9.7%.
- 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 28 October 2023.
Questions about 1007, Avanti Tower
What did unit 1007 last sell for?
AED 806,000 on 4 December 2014, sold by the developer: AED 2,098 per sqft for 384 sqft. It is the only registered sale of the unit.
What is the rent for unit 1007?
AED 78,000 a year on the contract signed on 28 October 2023. The previous contract, from November 2022, was AED 50,000; the unit has been rented since June 2019.
How big is unit 1007?
384 sqft (35.7 sqm): a studio on the 10th floor of a 15-storey tower completed in 2018.
What is unit 1007 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 1007, Avanti Tower
Starts from the last sale price (AED 806K, 4 December 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 806,000
- Deposit, UAE resident (20%)
- AED 161,200
- Deposit, non-resident (40%)
- AED 322,400
- Monthly over 25 years at 3.7%
- AED 3,298
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →