Studio · 560 sqftAvanti Tower, Business Bay · 14th floor · completed 2018

1406, Avanti Tower

Sold prices and rental history: sold twice, last in March 2023, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1406 · DLD and Ejari recordsUpdated 30 April 2025
Last soldAED 622K30 March 2023
Current rentAED 60K /yr30 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1406, Avanti Tower

What is 1406 worth today?

Last sold for AED 621,647 in 2023

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30 Apr 2025RentedNew contract
AED 60,000/yr12 months · AED 107 per sqft
30 Apr 2025RentedNew contract
AED 60,000/yr12 months · AED 107 per sqft
26 Mar 2024RentedNew contract
AED 60,000/yr12 months · AED 107 per sqft
30 Mar 2023SoldReady
AED 621,647AED 1,109 per sqft
22 Aug 2022RentedNew contract
AED 52,000/yr12 months · AED 93 per sqft
12 Jul 2022Sold by developerReady
AED 752,640AED 1,342 per sqft

Source: Dubai Land Department. Updated 30 April 2025.

Key facts

Type
Studio apartment
Size
560 sqft
Floor
14th of 15
Parking
nan
Developer
DAMAC
Completed
2018
Last sold
AED 622K · March 2023
Building
Avanti Tower

About 1406, Avanti Tower

1406 is a studio of 560 sqft on the 14th floor of Avanti Tower, a 15-storey tower in Business Bay completed in 2018 by DAMAC. It last sold on 30 March 2023 for AED 621,647, or AED 1,109 per sqft, 13% below the AED 1,276 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 30 April 2025, is AED 60,000 a year: a gross yield of 9.7% on the 2023 price.

Sales and rents for 1406 over time

Sales
Unit 1406, 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, July 2022: AED 752,640 (AED 1,342 per sqft)Sold, March 2023: AED 621,647 (AED 1,109 per sqft)

1406 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1406, 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, August 2022: AED 52,000 a yearNew contract, March 2024: AED 60,000 a yearNew contract, April 2025: AED 60,000 a yearNew contract, April 2025: 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 1406 sits

All 63 studios →

1406 last sold in March 2023 at AED 1,109 per sqft, 13% below what studios in Avanti Tower were fetching at the time (AED 1,276). 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. 1406'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 14th floor

All 159 units in Avanti Tower
Value
14012-bedAED 1.48M · Aug 2022
14021-bedAED 1.56M · Oct 2024
1403StudioAED 1.03M · Nov 2019
14041-bedAED 1.46M · Aug 2023
14051-bedAED 889K · Sep 2021
1407StudioAED 565K · Jun 2021
14081-bedAED 1.27M · Feb 2026
1–7 of 13

1406, Avanti Tower in numbers

  • Sold twice: first on 12 July 2022 for AED 752,640, last on 30 March 2023 for AED 621,647 (AED 1,109 per sqft).
  • Rented since August 2022 on 4 Ejari contracts, from AED 52,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2023 price is 9.7%.
  • 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 30 April 2025.

Questions about 1406, Avanti Tower

What did unit 1406 last sell for?

AED 621,647 on 30 March 2023: AED 1,109 per sqft for 560 sqft. The unit has 2 registered sales; the first was AED 752,640 in July 2022.

What is the rent for unit 1406?

AED 60,000 a year on the contract signed on 30 April 2025. The previous contract, from April 2025, was AED 60,000; the unit has been rented since August 2022.

How big is unit 1406?

560 sqft (52.0 sqm): a studio on the 14th floor of a 15-storey tower completed in 2018.

What is unit 1406 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 1406, Avanti Tower

Starts from the last sale price (AED 622K, 30 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 621,647
Deposit, UAE resident (20%)
AED 124,329
Deposit, non-resident (40%)
AED 248,659
Monthly over 25 years at 3.7%
AED 2,543

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