
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.
Property timeline for 1203, Avanti Tower
What is 1203 worth today?
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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
1203 has sold twice; 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 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 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 12th floor
All 159 units in Avanti Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | 2-bed | 1,327 sqft | AED 1.5MAED 1,500,000 · Jan 2025January 2025 | ||
| 1202 | 1-bed | 882 sqft | AED 1.37MAED 1,365,000 · Feb 2023February 2023 | 58,000 /yr | |
| 1204 | 1-bed | 956 sqft | AED 1.25MAED 1,252,000 · Aug 2022August 2022 | 90,000 /yr | |
| 1205 | 2-bed | 1,266 sqft | AED 1.68MAED 1,680,000 · May 2025May 2025 | 125,000 /yr | |
| 1206 | Studio | 512 sqft | AED 612KAED 612,000 · Apr 2023April 2023 | 60,000 /yr | |
| 1207 | Studio | 464 sqft | AED 914KAED 913,760 · Jun 2016June 2016 | 50,000 /yr | |
| 1208 | 1-bed | 929 sqft | AED 1.25MAED 1,250,000 · Jul 2026July 2026 | 78,750 /yr | |
| 1209 | Studio | 533 sqft | AED 1.09MAED 1,086,800 · Jun 2014June 2014 | 55,000 /yr | |
| 1210 | 1-bed | 903 sqft | AED 1.4MAED 1,397,000 · Apr 2023April 2023 | 95,000 /yr | |
| 1211 | 2-bed | 1,214 sqft | AED 1.65MAED 1,651,000 · Oct 2021October 2021 | 105,000 /yr | |
| 1207A | Studio | 472 sqft | AED 863KAED 863,000 · Nov 2017November 2017 | 80,000 /yr | |
| 1207B | 1-bed | 892 sqft | AED 1.58MAED 1,576,000 · Nov 2019November 2019 | 80,000 /yr |
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 →