2-bed · 1,214 sqftAvanti Tower, Business Bay · 15th floor · completed 2018

1511, Avanti Tower

Sold prices and rental history: sold once, by the developer in June 2014, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1511 · DLD and Ejari recordsUpdated 7 March 2026
Last soldAED 2.3M3 June 2014
Current rentAED 120K /yr7 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1511, Avanti Tower

What is 1511 worth today?

Last sold for AED 2,303,000 in 2014

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7 Mar 2026RentedRenewal
AED 120,000/yr12 months · AED 99 per sqft
7 Mar 2025RentedNew contract
AED 120,000/yr12 months · AED 99 per sqft
7 Mar 2025RentedNew contract
AED 120,000/yr12 months · AED 99 per sqft
10 Feb 2024RentedNew contract
AED 105,000/yr12 months · AED 86 per sqft
10 Feb 2023RentedNew contract
AED 105,000/yr12 months · AED 86 per sqft
1 Feb 2022RentedNew contract
AED 90,000/yr12 months · AED 74 per sqft
23 Jan 2021RentedNew contract
AED 73,000/yr12 months · AED 60 per sqft
1 Jan 2020RentedNew contract
AED 85,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 7 March 2026.

Key facts

Type
2-bed hotel apartment
Size
1,214 sqft
Floor
15th of 15
Parking
P3-42
Developer
DAMAC
Completed
2018
Last sold
AED 2.3M · June 2014
Building
Avanti Tower

About 1511, Avanti Tower

1511 is a two-bedroom hotel apartment of 1,214 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 2,303,000, or AED 1,897 per sqft, in line with the AED 1,921 two-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 8 Ejari contracts. The current contract, renewed on 7 March 2026, is AED 120,000 a year: a gross yield of 5.2% on the 2014 price.

Sales and rents for 1511 over time

Sales
Unit 1511, each saleTypical two-bed in Avanti Tower
1.5M2M2.5M20142017202020232026Typical sale price by year: 2014 AED 2,444,750; 2022 AED 1,636,600; 2023 AED 1,750,000; 2025 AED 1,615,000Sold by developer, June 2014: AED 2,303,000 (AED 1,897 per sqft)

1511 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1511, each contractTypical two-bed in Avanti Tower
75K100K125K20192021202320252027Typical rent by year: 2019 AED 92,231; 2020 AED 85,000; 2021 AED 75,000; 2022 AED 92,500; 2023 AED 110,000; 2024 AED 122,500; 2025 AED 120,000; 2026 AED 120,000New contract, January 2020: AED 85,000 a yearNew contract, January 2021: AED 73,000 a yearNew contract, February 2022: AED 90,000 a yearNew contract, February 2023: AED 105,000 a yearNew contract, February 2024: AED 105,000 a yearNew contract, March 2025: AED 120,000 a yearNew contract, March 2025: AED 120,000 a yearRenewal, March 2026: AED 120,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Avanti Tower, and where 1511 sits

All 29 2-beds →

1511 last sold in June 2014 at AED 1,897 per sqft, in line with what two-beds in Avanti Tower were fetching at the time (AED 1,921). Over the last 12 months two-beds sold for AED 1,517,533 to 2,015,000, around AED 1,398 per sqft, and rent for AED 105,000 to 160,000 a year. 1511's AED 120,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Feb 20261,517,533
14 Jan 20262,015,000
30 May 20251,680,000
12 Mar 20251,700,000
2 2-bed 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 15th floor

All 159 units in Avanti Tower
Value
15012-bedAED 2.56M · Jun 2014
15021-bedAED 1.65M · Jun 2014
1503StudioAED 1.01M · Jun 2014
15041-bedAED 1.76M · Jun 2014
15052-bedAED 2.44M · Jun 2014
1506StudioAED 950K · Jun 2014
15073-bedAED 3.51M · Jun 2014
1–7 of 10

1511, Avanti Tower in numbers

  • Sold once: by DAMAC on 3 June 2014 for AED 2,303,000, or AED 1,897 per sqft.
  • Rented since January 2020 on 8 Ejari contracts. The rent fell from AED 85,000 to AED 73,000 in 2021 and recovered to AED 120,000 by March 2026.
  • At AED 120,000 a year the gross yield on the 2014 price is 5.2%.
  • Two-beds in Avanti Tower sold for AED 1,517,533–2,015,000 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 7 March 2026.

Questions about 1511, Avanti Tower

What did unit 1511 last sell for?

AED 2,303,000 on 3 June 2014, sold by the developer: AED 1,897 per sqft for 1,214 sqft. It is the only registered sale of the unit.

What is the rent for unit 1511?

AED 120,000 a year on the contract renewed on 7 March 2026. The previous contract, from March 2025, was AED 120,000; the unit has been rented since January 2020.

How big is unit 1511?

1,214 sqft (112.8 sqm): a two-bedroom hotel apartment on the 15th floor of a 15-storey tower completed in 2018.

What is unit 1511 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Avanti Tower sold for AED 1,517,533 to 2,015,000 in the last 12 months, around AED 1,398 per sqft.

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Mortgage on 1511, Avanti Tower

Starts from the last sale price (AED 2.3M, 3 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,303,000
Deposit, UAE resident (20%)
AED 460,600
Deposit, non-resident (40%)
AED 921,200
Monthly over 25 years at 3.7%
AED 9,422

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