1508, 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 1508, Avanti Tower
What is 1508 worth today?
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Source: Dubai Land Department. Updated 20 August 2026.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 929 sqft
- Floor
- 15th of 15
- Parking
- P3-39
- Developer
- DAMAC
- Completed
- 2018
- Last sold
- AED 1.73M · June 2014
- Building
- Avanti Tower
About 1508, Avanti Tower
1508 is a one-bedroom hotel apartment of 929 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 1,730,750, or AED 1,863 per sqft, in line with the AED 1,863 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 20 August 2026, is AED 62,000 a year: a gross yield of 3.6% on the 2014 price.
Sales and rents for 1508 over time
1508 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Avanti Tower, and where 1508 sits
All 65 1-beds →1508 last sold in June 2014 at AED 1,863 per sqft, in line with what one-beds in Avanti Tower were fetching at the time (AED 1,863). Over the last 12 months one-beds sold for AED 970,000 to 1,275,000, around AED 1,367 per sqft, and rent for AED 50,135 to 115,000 a year. 1508's AED 62,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Sep 20267 September 2026 | 682 sqft | 970,000 | 1,421 | ||
| 31 Jul 202631 July 2026 | 883 sqft | 1,085,000 | 1,228 | ||
| 16 Jul 202616 July 2026 | 929 sqft | 1,250,000 | 1,345 | ||
| 23 Feb 202623 February 2026 | 929 sqft | 1,270,000 | 1,367 |
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 | |
| 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 | |
| 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 |
1508, Avanti Tower in numbers
- Sold once: by DAMAC on 3 June 2014 for AED 1,730,750, or AED 1,863 per sqft.
- Rented since October 2019 on 7 Ejari contracts, from AED 70,000 to AED 62,000 a year.
- At AED 62,000 a year the gross yield on the 2014 price is 3.6%.
- One-beds in Avanti Tower sold for AED 970,000–1,275,000 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 20 August 2026.
Questions about 1508, Avanti Tower
What did unit 1508 last sell for?
AED 1,730,750 on 3 June 2014, sold by the developer: AED 1,863 per sqft for 929 sqft. It is the only registered sale of the unit.
What is the rent for unit 1508?
AED 62,000 a year on the contract signed on 20 August 2026. The previous contract, from May 2025, was AED 80,000; the unit has been rented since October 2019.
How big is unit 1508?
929 sqft (86.3 sqm): a one-bedroom hotel apartment on the 15th floor of a 15-storey tower completed in 2018.
What is unit 1508 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Avanti Tower sold for AED 970,000 to 1,275,000 in the last 12 months, around AED 1,367 per sqft.
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Mortgage on 1508, Avanti Tower
Starts from the last sale price (AED 1.73M, 3 June 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,730,750
- Deposit, UAE resident (20%)
- AED 346,150
- Deposit, non-resident (40%)
- AED 692,300
- Monthly over 25 years at 3.7%
- AED 7,081
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →