Studio · 542 sqftAvanti Tower, Business Bay · 12th floor · completed 2018

1203, Avanti Tower

Sold prices and rental history: sold twice, last in November 2022, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1203 · DLD and Ejari recordsUpdated 15 November 2022
Last soldAED 600K15 November 2022
Current rentAED 35K /yr6 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1203, Avanti Tower

What is 1203 worth today?

Last sold for AED 600,000 in 2022

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15 Nov 2022SoldReady
AED 600,000AED 1,107 per sqft
6 Mar 2021RentedNew contract
AED 35,000/yr12 months · AED 65 per sqft
17 Feb 2020RentedNew contract
AED 52,000/yr12 months · AED 97 per sqft
24 Aug 2014Sold by developerOff-plan
AED 1,097,250AED 2,025 per sqft

Source: Dubai Land Department. Updated 15 November 2022.

Key facts

Type
Studio apartment
Size
542 sqft
Floor
12th of 15
Parking
P3-7
Developer
DAMAC
Completed
2018
Last sold
AED 600K · November 2022
Building
Avanti Tower

About 1203, Avanti Tower

1203 is a studio of 542 sqft on the 12th floor of Avanti Tower, a 15-storey tower in Business Bay completed in 2018 by DAMAC. It last sold on 15 November 2022 for AED 600,000, or AED 1,107 per sqft, 18% below the AED 1,345 studios in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 6 March 2021, is AED 35,000 a year: a gross yield of 5.8% on the 2022 price.

Sales and rents for 1203 over time

Sales
Unit 1203, each saleTypical studio in Avanti Tower
750K1M20142017202020232026Typical 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 2,025 per sqft)Sold, November 2022: AED 600,000 (AED 1,107 per sqft)

1203 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1203, 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 54,000New contract, February 2020: AED 52,000 a yearNew contract, March 2021: AED 35,000 a year

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 1203 sits

All 63 studios →

1203 last sold in November 2022 at AED 1,107 per sqft, 18% below what studios in Avanti Tower were fetching at the time (AED 1,345). 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. 1203's AED 35,000 is at the bottom of that range.

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 12th floor

All 159 units in Avanti Tower
Value
12012-bedAED 1.5M · Jan 2025
12021-bedAED 1.37M · Feb 2023
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

1203, Avanti Tower in numbers

  • Sold twice: first on 24 August 2014 for AED 1,097,250, last on 15 November 2022 for AED 600,000 (AED 1,107 per sqft).
  • Rented since February 2020 on 2 Ejari contracts, from AED 52,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2022 price is 5.8%.
  • 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 15 November 2022.

Questions about 1203, Avanti Tower

What did unit 1203 last sell for?

AED 600,000 on 15 November 2022: AED 1,107 per sqft for 542 sqft. The unit has 2 registered sales; the first was AED 1,097,250 in August 2014.

What is the rent for unit 1203?

AED 35,000 a year on the contract signed on 6 March 2021. The previous contract, from February 2020, was AED 52,000.

How big is unit 1203?

542 sqft (50.4 sqm): a studio on the 12th floor of a 15-storey tower completed in 2018.

What is unit 1203 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 1203, Avanti Tower

Starts from the last sale price (AED 600K, 15 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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