2-bed · 1,299 sqftAvanti Tower, Business Bay · 13th floor · completed 2018

1311, Avanti Tower

Sold prices and rental history: sold once, by the developer in August 2014, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1311 · DLD and Ejari recordsUpdated 10 January 2025
Last soldAED 2.7M13 August 2014
Current rentAED 120K /yr10 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1311, Avanti Tower

What is 1311 worth today?

Last sold for AED 2,704,650 in 2014

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

10 Jan 2025RentedNew contract
AED 120,000/yr12 months · AED 92 per sqft
21 Aug 2023RentedNew contract
AED 120,000/yr12 months · AED 92 per sqft
7 Jul 2022RentedNew contract
AED 90,000/yr12 months · AED 69 per sqft
3 Mar 2021RentedNew contract
AED 75,000/yr12 months · AED 58 per sqft
25 Oct 2019RentedNew contract
AED 90,000/yr12 months · AED 69 per sqft
13 Aug 2014Sold by developerOff-plan
AED 2,704,650AED 2,082 per sqft

Source: Dubai Land Department. Updated 10 January 2025.

Key facts

Type
2-bed hotel apartment
Size
1,299 sqft
Floor
13th of 15
Parking
P3-29
Developer
DAMAC
Completed
2018
Last sold
AED 2.7M · August 2014
Building
Avanti Tower

About 1311, Avanti Tower

1311 is a two-bedroom hotel apartment of 1,299 sqft on the 13th floor of Avanti Tower, a 15-storey tower in Business Bay completed in 2018 by DAMAC. The developer sold it on 13 August 2014 for AED 2,704,650, or AED 2,082 per sqft, 8% above the AED 1,928 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 10 January 2025, is AED 120,000 a year: a gross yield of 4.4% on the 2014 price.

Sales and rents for 1311 over time

Sales
Unit 1311, each saleTypical two-bed in Avanti Tower
1.5M2M2.5M20142017202020232026Typical sale price by year: 2014 AED 2,444,750; 2022 AED 1,636,600; 2023 AED 1,750,000; 2025 AED 1,615,000Sold by developer, August 2014: AED 2,704,650 (AED 2,082 per sqft)

1311 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1311, each contractTypical two-bed in Avanti Tower
75K100K125K20192021202320252027Typical rent by year: 2019 AED 92,231; 2020 AED 85,000; 2021 AED 75,000; 2022 AED 92,500; 2023 AED 110,000; 2024 AED 122,500; 2025 AED 120,000; 2026 AED 120,000New contract, October 2019: AED 90,000 a yearNew contract, March 2021: AED 75,000 a yearNew contract, July 2022: AED 90,000 a yearNew contract, August 2023: AED 120,000 a yearNew contract, January 2025: AED 120,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Avanti Tower, and where 1311 sits

All 29 2-beds →

1311 last sold in August 2014 at AED 2,082 per sqft, 8% above what two-beds in Avanti Tower were fetching at the time (AED 1,928). Over the last 12 months two-beds sold for AED 1,517,533 to 2,015,000, around AED 1,398 per sqft, and rent for AED 105,000 to 160,000 a year. 1311's AED 120,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Feb 20261,517,533
14 Jan 20262,015,000
30 May 20251,680,000
12 Mar 20251,700,000
2 2-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 13th floor

All 159 units in Avanti Tower
Value
13012-bedAED 1.55M · Mar 2025
13021-bedAED 1.66M · Jul 2014
1303StudioAED 1.1M · Jun 2014
13041-bedAED 1.61M · Jul 2018
13052-bedAED 1.75M · Sep 2023
1306StudioAED 1.17M · Jun 2014
1307StudioAED 830K · Sep 2014
1–7 of 13

1311, Avanti Tower in numbers

  • Sold once: by DAMAC on 13 August 2014 for AED 2,704,650, or AED 2,082 per sqft.
  • Rented since October 2019 on 5 Ejari contracts. The rent fell from AED 90,000 to AED 75,000 in 2021 and recovered to AED 120,000 by January 2025.
  • At AED 120,000 a year the gross yield on the 2014 price is 4.4%.
  • Two-beds in Avanti Tower sold for AED 1,517,533–2,015,000 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 10 January 2025.

Questions about 1311, Avanti Tower

What did unit 1311 last sell for?

AED 2,704,650 on 13 August 2014, sold by the developer: AED 2,082 per sqft for 1,299 sqft. It is the only registered sale of the unit.

What is the rent for unit 1311?

AED 120,000 a year on the contract signed on 10 January 2025. The previous contract, from August 2023, was AED 120,000; the unit has been rented since October 2019.

How big is unit 1311?

1,299 sqft (120.7 sqm): a two-bedroom hotel apartment on the 13th floor of a 15-storey tower completed in 2018.

What is unit 1311 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Avanti Tower sold for AED 1,517,533 to 2,015,000 in the last 12 months, around AED 1,398 per sqft.

Selling 1311? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1311, Avanti Tower

Starts from the last sale price (AED 2.7M, 13 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,704,650
Deposit, UAE resident (20%)
AED 540,930
Deposit, non-resident (40%)
AED 1,081,860
Monthly over 25 years at 3.7%
AED 11,066

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