Studio · 536 sqftAvanti Tower, Business Bay · 14th floor · completed 2018

1409, Avanti Tower

Sold prices and rental history: sold twice, last in August 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1409 · DLD and Ejari recordsUpdated 19 August 2024
Last soldAED 650K19 August 2024
Current rentAED 48K /yr20 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1409, Avanti Tower

What is 1409 worth today?

Last sold for AED 650,000 in 2024

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19 Aug 2024SoldReady
AED 650,000AED 1,213 per sqft
20 Dec 2022RentedRenewal
AED 48,000/yr12 months · AED 89 per sqft
20 Dec 2021RentedNew contract
AED 48,000/yr12 months · AED 89 per sqft
27 Nov 2020RentedNew contract
AED 36,000/yr12 months · AED 67 per sqft
11 Jun 2019Sold by developerReady
AED 1,011,000AED 1,887 per sqft

Source: Dubai Land Department. Updated 19 August 2024.

Key facts

Type
Studio apartment
Size
536 sqft
Floor
14th of 15
Parking
nan
Developer
DAMAC
Completed
2018
Last sold
AED 650K · August 2024
Building
Avanti Tower

About 1409, Avanti Tower

1409 is a studio of 536 sqft on the 14th floor of Avanti Tower, a 15-storey tower in Business Bay completed in 2018 by DAMAC. It last sold on 19 August 2024 for AED 650,000, or AED 1,213 per sqft, 7% below the AED 1,298 studios in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 20 December 2022, is AED 48,000 a year: a gross yield of 7.4% on the 2024 price.

Sales and rents for 1409 over time

Sales
Unit 1409, 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, June 2019: AED 1,011,000 (AED 1,887 per sqft)Sold, August 2024: AED 650,000 (AED 1,213 per sqft)

1409 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1409, 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, November 2020: AED 36,000 a yearNew contract, December 2021: AED 48,000 a yearRenewal, December 2022: AED 48,000 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 1409 sits

All 63 studios →

1409 last sold in August 2024 at AED 1,213 per sqft, 7% below what studios in Avanti Tower were fetching at the time (AED 1,298). 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. 1409's AED 48,000 is in the lower 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
1407StudioAED 565K · Jun 2021
1–7 of 13

1409, Avanti Tower in numbers

  • Sold twice: first on 11 June 2019 for AED 1,011,000, last on 19 August 2024 for AED 650,000 (AED 1,213 per sqft).
  • Rented since November 2020 on 3 Ejari contracts, from AED 36,000 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2024 price is 7.4%.
  • 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 19 August 2024.

Questions about 1409, Avanti Tower

What did unit 1409 last sell for?

AED 650,000 on 19 August 2024: AED 1,213 per sqft for 536 sqft. The unit has 2 registered sales; the first was AED 1,011,000 in June 2019.

What is the rent for unit 1409?

AED 48,000 a year on the contract renewed on 20 December 2022. The previous contract, from December 2021, was AED 48,000; the unit has been rented since November 2020.

How big is unit 1409?

536 sqft (49.8 sqm): a studio on the 14th floor of a 15-storey tower completed in 2018.

What is unit 1409 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 1409, Avanti Tower

Starts from the last sale price (AED 650K, 19 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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