1503, Avanti Tower
Sold prices and rental history: sold once, by the developer in June 2014, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1503, Avanti Tower
What is 1503 worth today?
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Source: Dubai Land Department. Updated 11 July 2026.
Key facts
- Type
- Studio hotel apartment
- Size
- 543 sqft
- Floor
- 15th of 15
- Parking
- P3-34
- Developer
- DAMAC
- Completed
- 2018
- Last sold
- AED 1.01M · June 2014
- Building
- Avanti Tower
About 1503, Avanti Tower
1503 is a studio of 543 sqft on the 15th floor of Avanti Tower, a 15-storey tower in Business Bay completed in 2018 by DAMAC. The developer sold it on 4 June 2014 for AED 1,006,250, or AED 1,852 per sqft, 8% below the AED 2,023 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, renewed on 11 July 2026, is AED 50,000 a year: a gross yield of 5.0% on the 2014 price.
Sales and rents for 1503 over time
1503 has sold once; the dashed line is the studio median of each year in the building.
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 1503 sits
All 63 studios →1503 last sold in June 2014 at AED 1,852 per sqft, 8% below what studios in Avanti Tower were fetching at the time (AED 2,023). 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. 1503's AED 50,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 May 202621 May 2026 | 532 sqft | 750,000 | 1,408 | ||
| 11 Dec 202511 December 2025 | 472 sqft | 700,000 | 1,482 | ||
| 9 Jul 20259 July 2025 | 384 sqft | 720,000 | 1,874 | ||
| 2 Jun 20252 June 2025 | 384 sqft | 755,000 | 1,964 |
Avanti Tower
Building159 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%
Other units on the 15th floor
All 159 units in Avanti Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | 2-bed | 1,328 sqft | AED 2.56MAED 2,560,250 · Jun 2014June 2014 | 125,000 /yr | |
| 1502 | 1-bed | 885 sqft | AED 1.65MAED 1,650,250 · Jun 2014June 2014 | 68,000 /yr | |
| 1504 | 1-bed | 956 sqft | AED 1.76MAED 1,757,000 · Jun 2014June 2014 | 80,000 /yr | |
| 1505 | 2-bed | 1,266 sqft | AED 2.44MAED 2,444,750 · Jun 2014June 2014 | 119,000 /yr | |
| 1506 | Studio | 512 sqft | AED 950KAED 950,250 · Jun 2014June 2014 | 55,000 /yr | |
| 1507 | 3-bed | 1,820 sqft | AED 3.51MAED 3,505,250 · Jun 2014June 2014 | 141,000 /yr | |
| 1508 | 1-bed | 929 sqft | AED 1.73MAED 1,730,750 · Jun 2014June 2014 | 62,000 /yr | |
| 1509 | Studio | 536 sqft | AED 996KAED 995,750 · Jun 2014June 2014 | 50,000 /yr | |
| 1510 | 1-bed | 907 sqft | AED 1.68MAED 1,678,250 · Jun 2014June 2014 | 85,000 /yr | |
| 1511 | 2-bed | 1,214 sqft | AED 2.3MAED 2,303,000 · Jun 2014June 2014 | 120,000 /yr |
1503, Avanti Tower in numbers
- Sold once: by DAMAC on 4 June 2014 for AED 1,006,250, or AED 1,852 per sqft.
- Rented since November 2019 on 9 Ejari contracts. The rent fell from AED 52,000 to AED 35,000 in 2021 and recovered to AED 50,000 by July 2026.
- At AED 50,000 a year the gross yield on the 2014 price is 5.0%.
- 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 11 July 2026.
Questions about 1503, Avanti Tower
What did unit 1503 last sell for?
AED 1,006,250 on 4 June 2014, sold by the developer: AED 1,852 per sqft for 543 sqft. It is the only registered sale of the unit.
What is the rent for unit 1503?
AED 50,000 a year on the contract renewed on 11 July 2026. The previous contract, from July 2025, was AED 50,000; the unit has been rented since November 2019.
How big is unit 1503?
543 sqft (50.4 sqm): a studio on the 15th floor of a 15-storey tower completed in 2018.
What is unit 1503 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 1503, Avanti Tower
Starts from the last sale price (AED 1.01M, 4 June 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,006,250
- Deposit, UAE resident (20%)
- AED 201,250
- Deposit, non-resident (40%)
- AED 402,500
- Monthly over 25 years at 3.7%
- AED 4,117
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →