Studio · 512 sqftAvanti Tower, Business Bay · 12th floor · completed 2018

1206, Avanti Tower

Sold prices and rental history: sold 3 times, last in April 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1206 · DLD and Ejari recordsUpdated 1 May 2026
Last soldAED 612K24 April 2023
Current rentAED 60K /yr1 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1206, Avanti Tower

What is 1206 worth today?

Last sold for AED 612,000 in 2023

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1 May 2026RentedRenewal
AED 60,000/yr12 months · AED 119 per sqft
30 Apr 2025RentedNew contract
AED 60,000/yr12 months · AED 116 per sqft
18 Mar 2024RentedNew contract
AED 62,000/yr12 months · AED 120 per sqft
24 Apr 2023SoldReady
AED 612,000AED 1,196 per sqft
16 Jun 2019SoldReady
AED 290,000AED 566 per sqft
19 Jun 2014Sold by developerOff-plan
AED 1,037,400AED 2,027 per sqft

Source: Dubai Land Department. Updated 1 May 2026.

Key facts

Type
Studio apartment
Size
512 sqft
Floor
12th of 15
Parking
P3-10
Developer
DAMAC
Completed
2018
Last sold
AED 612K · April 2023
Building
Avanti Tower

About 1206, Avanti Tower

1206 is a studio of 512 sqft on the 12th floor of Avanti Tower, a 15-storey tower in Business Bay completed in 2018 by DAMAC. It last sold on 24 April 2023 for AED 612,000, or AED 1,196 per sqft, in line with the AED 1,227 studios in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 1 May 2026, is AED 60,000 a year: a gross yield of 9.8% on the 2023 price.

Sales and rents for 1206 over time

Sales
Unit 1206, each saleTypical studio in Avanti Tower
500K1M20142017202020232026Typical 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, June 2014: AED 1,037,400 (AED 2,027 per sqft)Sold, June 2019: AED 290,000 (AED 566 per sqft)Sold, April 2023: AED 612,000 (AED 1,196 per sqft)

1206 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1206, 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, March 2024: AED 62,000 a yearNew contract, April 2025: AED 60,000 a yearRenewal, May 2026: AED 60,000 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 1206 sits

All 63 studios →

1206 last sold in April 2023 at AED 1,196 per sqft, in line with what studios in Avanti Tower were fetching at the time (AED 1,227). 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. 1206's AED 60,000 is in the upper half 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
1203StudioAED 600K · Nov 2022
12041-bedAED 1.25M · Aug 2022
12052-bedAED 1.68M · May 2025
1207StudioAED 914K · Jun 2016
12081-bedAED 1.25M · Jul 2026
1–7 of 12

1206, Avanti Tower in numbers

  • Sold 3 times: first on 19 June 2014 for AED 1,037,400, last on 24 April 2023 for AED 612,000 (AED 1,196 per sqft).
  • Rented since March 2024 on 3 Ejari contracts, from AED 62,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2023 price is 9.8%.
  • 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 1 May 2026.

Questions about 1206, Avanti Tower

What did unit 1206 last sell for?

AED 612,000 on 24 April 2023: AED 1,196 per sqft for 512 sqft. The unit has 3 registered sales; the first was AED 1,037,400 in June 2014.

What is the rent for unit 1206?

AED 60,000 a year on the contract renewed on 1 May 2026. The previous contract, from April 2025, was AED 60,000; the unit has been rented since March 2024.

How big is unit 1206?

512 sqft (47.6 sqm): a studio on the 12th floor of a 15-storey tower completed in 2018.

What is unit 1206 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 1206, Avanti Tower

Starts from the last sale price (AED 612K, 24 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 612,000
Deposit, UAE resident (20%)
AED 122,400
Deposit, non-resident (40%)
AED 244,800
Monthly over 25 years at 3.7%
AED 2,504

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