1506, 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 1506, Avanti Tower
What is 1506 worth today?
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Source: Dubai Land Department. Updated 21 November 2025.
Key facts
- Type
- Studio hotel apartment
- Size
- 512 sqft
- Floor
- 15th of 15
- Parking
- P3-37
- Developer
- DAMAC
- Completed
- 2018
- Last sold
- AED 950K · June 2014
- Building
- Avanti Tower
About 1506, Avanti Tower
1506 is a studio of 512 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 3 June 2014 for AED 950,250, or AED 1,857 per sqft, 9% below the AED 2,031 studios in the building were fetching at the time.
It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 21 November 2025, is AED 55,000 a year: a gross yield of 5.8% on the 2014 price.
Sales and rents for 1506 over time
1506 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 1506 sits
All 63 studios →1506 last sold in June 2014 at AED 1,857 per sqft, 9% below what studios in Avanti Tower were fetching at the time (AED 2,031). 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. 1506's AED 55,000 is in the upper 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 | |
| 1503 | Studio | 543 sqft | AED 1.01MAED 1,006,250 · Jun 2014June 2014 | 50,000 /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 | |
| 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 |
1506, Avanti Tower in numbers
- Sold once: by DAMAC on 3 June 2014 for AED 950,250, or AED 1,857 per sqft.
- Rented since November 2019 on 7 Ejari contracts. The rent fell from AED 50,000 to AED 35,000 in 2020 and recovered to AED 55,000 by November 2025.
- At AED 55,000 a year the gross yield on the 2014 price is 5.8%.
- 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 21 November 2025.
Questions about 1506, Avanti Tower
What did unit 1506 last sell for?
AED 950,250 on 3 June 2014, sold by the developer: AED 1,857 per sqft for 512 sqft. It is the only registered sale of the unit.
What is the rent for unit 1506?
AED 55,000 a year on the contract renewed on 21 November 2025. The previous contract, from November 2024, was AED 55,000; the unit has been rented since November 2019.
How big is unit 1506?
512 sqft (47.6 sqm): a studio on the 15th floor of a 15-storey tower completed in 2018.
What is unit 1506 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 1506, Avanti Tower
Starts from the last sale price (AED 950K, 3 June 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 950,250
- Deposit, UAE resident (20%)
- AED 190,050
- Deposit, non-resident (40%)
- AED 380,100
- Monthly over 25 years at 3.7%
- AED 3,888
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →