1-bed · 882 sqftAvanti Tower, Business Bay · 12th floor · completed 2018

1202, Avanti Tower

Sold prices and rental history: sold once, by the developer in February 2023, and rented once, from February 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1202 · DLD and Ejari recordsUpdated 20 February 2023
Last soldAED 1.37M20 February 2023
Current rentAED 58K /yr15 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1202, Avanti Tower

What is 1202 worth today?

Last sold for AED 1,365,000 in 2023

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20 Feb 2023Sold by developerReady
AED 1,365,000AED 1,548 per sqft
15 Feb 2021RentedNew contract
AED 58,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 20 February 2023.

Key facts

Type
1-bed apartment
Size
882 sqft
Floor
12th of 15
Parking
P3-6
Developer
DAMAC
Completed
2018
Last sold
AED 1.37M · February 2023
Building
Avanti Tower

About 1202, Avanti Tower

1202 is a one-bedroom apartment of 882 sqft on the 12th floor of Avanti Tower, a 15-storey tower in Business Bay completed in 2018 by DAMAC. The developer sold it on 20 February 2023 for AED 1,365,000, or AED 1,548 per sqft, 19% above the AED 1,305 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 February 2021. The current contract, signed on 15 February 2021, is AED 58,000 a year: a gross yield of 4.3% on the 2023 price.

Sales and rents for 1202 over time

Sales
Unit 1202, each saleTypical one-bed in Avanti Tower
1M1.5M2014201820222026Typical sale price by year: 2014 AED 1,730,825; 2015 AED 1,757,500; 2017 AED 1,346,000; 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 1,084,476; 2026 AED 1,167,500Sold by developer, February 2023: AED 1,365,000 (AED 1,548 per sqft)

1202 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1202, 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 70,000; 2023 AED 76,000; 2024 AED 83,000; 2025 AED 84,500; 2026 AED 80,000New contract, February 2021: AED 58,000 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 1202 sits

All 65 1-beds →

1202 last sold in February 2023 at AED 1,548 per sqft, 19% above what one-beds in Avanti Tower were fetching at the time (AED 1,305). Over the last 12 months one-beds sold for AED 970,000 to 1,275,000, around AED 1,367 per sqft, and rent for AED 50,135 to 115,000 a year. 1202's AED 58,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
7 Sep 2026970,000
31 Jul 20261,085,000
16 Jul 20261,250,000
23 Feb 20261,270,000
5 1-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. 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 12th floor

All 159 units in Avanti Tower
Value
12012-bedAED 1.5M · Jan 2025
1203StudioAED 600K · Nov 2022
12041-bedAED 1.25M · Aug 2022
12052-bedAED 1.68M · May 2025
1206StudioAED 612K · Apr 2023
1207StudioAED 914K · Jun 2016
12081-bedAED 1.25M · Jul 2026
1–7 of 12

1202, Avanti Tower in numbers

  • Sold once: by DAMAC on 20 February 2023 for AED 1,365,000, or AED 1,548 per sqft.
  • Rented since February 2021 on one Ejari contract, at AED 58,000 a year.
  • At AED 58,000 a year the gross yield on the 2023 price is 4.3%.
  • One-beds in Avanti Tower sold for AED 970,000–1,275,000 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 20 February 2023.

Questions about 1202, Avanti Tower

What did unit 1202 last sell for?

AED 1,365,000 on 20 February 2023, sold by the developer: AED 1,548 per sqft for 882 sqft. It is the only registered sale of the unit.

What is the rent for unit 1202?

AED 58,000 a year on the contract signed on 15 February 2021.

How big is unit 1202?

882 sqft (81.9 sqm): a one-bedroom apartment on the 12th floor of a 15-storey tower completed in 2018.

What is unit 1202 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 970,000 to 1,275,000 in the last 12 months, around AED 1,367 per sqft.

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Mortgage on 1202, Avanti Tower

Starts from the last sale price (AED 1.37M, 20 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,365,000
Deposit, UAE resident (20%)
AED 273,000
Deposit, non-resident (40%)
AED 546,000
Monthly over 25 years at 3.7%
AED 5,585

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