Studio · 384 sqftAvanti Tower, Business Bay · 14th floor · completed 2018

1407, Avanti Tower

Sold prices and rental history: sold once, by the developer in June 2021, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1407 · DLD and Ejari recordsUpdated 31 October 2022
Last soldAED 565K15 June 2021
Current rentAED 62K /yr31 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1407, Avanti Tower

What is 1407 worth today?

Last sold for AED 565,000 in 2021

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31 Oct 2022RentedNew contract
AED 62,000/yr12 months · AED 161 per sqft
31 Oct 2021RentedNew contract
AED 62,000/yr12 months · AED 161 per sqft
15 Jun 2021Sold by developerReady
AED 565,000AED 1,470 per sqft

Source: Dubai Land Department. Updated 31 October 2022.

Key facts

Type
Studio apartment
Size
384 sqft
Floor
14th of 15
Parking
nan
Developer
DAMAC
Completed
2018
Last sold
AED 565K · June 2021
Building
Avanti Tower

About 1407, Avanti Tower

1407 is a studio of 384 sqft on the 14th floor of Avanti Tower, a 15-storey tower in Business Bay completed in 2018 by DAMAC. The developer sold it on 15 June 2021 for AED 565,000, or AED 1,470 per sqft.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 31 October 2022, is AED 62,000 a year: a gross yield of 11.0% on the 2021 price.

Sales and rents for 1407 over time

Sales
Unit 1407, each saleTypical studio in Avanti Tower
500K750K1M20142017202020232026Typical 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 2021: AED 565,000 (AED 1,470 per sqft)

1407 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1407, 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, October 2021: AED 62,000 a yearNew contract, October 2022: AED 62,000 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 1407 sits

All 63 studios →

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. 1407's AED 62,000 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
1406StudioAED 622K · Mar 2023
14081-bedAED 1.27M · Feb 2026
1–7 of 13

1407, Avanti Tower in numbers

  • Sold once: by DAMAC on 15 June 2021 for AED 565,000, or AED 1,470 per sqft.
  • Rented since October 2021 on 2 Ejari contracts, at AED 62,000 a year.
  • At AED 62,000 a year the gross yield on the 2021 price is 11.0%.
  • 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 31 October 2022.

Questions about 1407, Avanti Tower

What did unit 1407 last sell for?

AED 565,000 on 15 June 2021, sold by the developer: AED 1,470 per sqft for 384 sqft. It is the only registered sale of the unit.

What is the rent for unit 1407?

AED 62,000 a year on the contract signed on 31 October 2022. The previous contract, from October 2021, was AED 62,000.

How big is unit 1407?

384 sqft (35.7 sqm): a studio on the 14th floor of a 15-storey tower completed in 2018.

What is unit 1407 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 1407, Avanti Tower

Starts from the last sale price (AED 565K, 15 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 565,000
Deposit, UAE resident (20%)
AED 113,000
Deposit, non-resident (40%)
AED 226,000
Monthly over 25 years at 3.7%
AED 2,312

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