Studio · 472 sqftAvanti Tower, Business Bay · 12th floor · completed 2018

1207A, Avanti Tower

Sold prices and rental history: sold once, by the developer in November 2017, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1207A · DLD and Ejari recordsUpdated 9 March 2024
Last soldAED 863K9 November 2017
Current rentAED 80K /yr9 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1207A, Avanti Tower

What is 1207A worth today?

Last sold for AED 863,000 in 2017

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9 Mar 2024RentedNew contract
AED 80,000/yr12 months · AED 169 per sqft
28 Jul 2019RentedNew contract
AED 45,000/yr12 months · AED 95 per sqft
9 Nov 2017Sold by developerOff-plan
AED 863,000AED 1,827 per sqft

Source: Dubai Land Department. Updated 9 March 2024.

Key facts

Type
Studio apartment
Size
472 sqft
Floor
12th of 15
Parking
P3-12
Developer
DAMAC
Completed
2018
Last sold
AED 863K · November 2017
Building
Avanti Tower

About 1207A, Avanti Tower

1207A is a studio of 472 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 9 November 2017 for AED 863,000, or AED 1,827 per sqft, 4% below the AED 1,894 studios in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 9 March 2024, is AED 80,000 a year: a gross yield of 9.3% on the 2017 price.

Sales and rents for 1207A over time

Sales
Unit 1207A, 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, November 2017: AED 863,000 (AED 1,827 per sqft)

1207A has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1207A, each contractTypical studio in Avanti Tower
50K75K20192021202320252027Typical 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, July 2019: AED 45,000 a yearNew contract, March 2024: AED 80,000 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 1207A sits

All 63 studios →

1207A last sold in November 2017 at AED 1,827 per sqft, 4% below what studios in Avanti Tower were fetching at the time (AED 1,894). 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. 1207A's AED 80,000 is at the top 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
1206StudioAED 612K · Apr 2023
1207StudioAED 914K · Jun 2016
1–7 of 12

1207A, Avanti Tower in numbers

  • Sold once: by DAMAC on 9 November 2017 for AED 863,000, or AED 1,827 per sqft.
  • Rented since July 2019 on 2 Ejari contracts, from AED 45,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2017 price is 9.3%.
  • 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 9 March 2024.

Questions about 1207A, Avanti Tower

What did unit 1207A last sell for?

AED 863,000 on 9 November 2017, sold by the developer: AED 1,827 per sqft for 472 sqft. It is the only registered sale of the unit.

What is the rent for unit 1207A?

AED 80,000 a year on the contract signed on 9 March 2024. The previous contract, from July 2019, was AED 45,000.

How big is unit 1207A?

472 sqft (43.9 sqm): a studio on the 12th floor of a 15-storey tower completed in 2018.

What is unit 1207A 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 1207A, Avanti Tower

Starts from the last sale price (AED 863K, 9 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 863,000
Deposit, UAE resident (20%)
AED 172,600
Deposit, non-resident (40%)
AED 345,200
Monthly over 25 years at 3.7%
AED 3,531

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