1-bed · 695 sqftAvanti Tower, Business Bay · 4th floor · completed 2018

405, Avanti Tower

Sold prices and rental history: sold once, by the developer in May 2017, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 1.23M2 May 2017
Current rentAED 72K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Avanti Tower

What is 405 worth today?

Last sold for AED 1,231,000 in 2017

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1 Sep 2024RentedNew contract
AED 71,610/yr12 months · AED 103 per sqft
1 Sep 2023RentedRenewal
AED 65,100/yr12 months · AED 93 per sqft
1 Sep 2022RentedNew contract
AED 62,000/yr12 months · AED 89 per sqft
30 Jun 2021RentedNew contract
AED 51,856/yr12 months · AED 74 per sqft
16 Nov 2019RentedNew contract
AED 54,000/yr12 months · AED 77 per sqft
2 May 2017Sold by developerOff-plan
AED 1,231,000AED 1,770 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
1-bed hotel apartment
Size
695 sqft
Floor
4th of 15
Parking
P1-8
Developer
DAMAC
Completed
2018
Last sold
AED 1.23M · May 2017
Building
Avanti Tower

About 405, Avanti Tower

405 is a one-bedroom hotel apartment of 695 sqft on the 4th floor of Avanti Tower, a 15-storey tower in Business Bay completed in 2018 by DAMAC. The developer sold it on 2 May 2017 for AED 1,231,000, or AED 1,770 per sqft.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 1 September 2024, is AED 71,610 a year: a gross yield of 5.8% on the 2017 price.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical one-bed in Avanti Tower
1M1.5M2014201820222026Typical sale price by year: 2014 AED 1,730,825; 2015 AED 1,757,500; 2017 AED 1,346,000; 2018 AED 1,499,500; 2019 AED 1,446,500; 2021 AED 888,520; 2022 AED 1,192,425; 2023 AED 1,332,775; 2024 AED 1,396,500; 2025 AED 1,084,476; 2026 AED 1,167,500Sold by developer, May 2017: AED 1,231,000 (AED 1,770 per sqft)

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

Rents
Unit 405, each contractTypical one-bed in Avanti Tower
60K80K20192021202320252027Typical rent by year: 2019 AED 68,000; 2020 AED 60,000; 2021 AED 60,000; 2022 AED 70,000; 2023 AED 76,000; 2024 AED 83,000; 2025 AED 84,500; 2026 AED 80,000New contract, November 2019: AED 54,000 a yearNew contract, June 2021: AED 51,856 a yearNew contract, September 2022: AED 62,000 a yearRenewal, September 2023: AED 65,100 a yearNew contract, September 2024: AED 71,610 a year

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 405 sits

All 65 1-beds →

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. 405's AED 71,610 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
7 Sep 2026970,000
31 Jul 20261,085,000
16 Jul 20261,250,000
23 Feb 20261,270,000
5 1-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 4th floor

All 159 units in Avanti Tower
Value
4012-bedAED 1.88M · Jul 2022
4021-bedAED 1.12M · Dec 2024
403StudioAED 1.09M · Oct 2014
4041-bedAED 1.16M · Jul 2024
406StudioAED 675K · May 2024
407StudioAED 755K · Jun 2025
4081-bedAED 1.52M · Jul 2023
1–7 of 12

405, Avanti Tower in numbers

  • Sold once: by DAMAC on 2 May 2017 for AED 1,231,000, or AED 1,770 per sqft.
  • Rented since November 2019 on 5 Ejari contracts, from AED 54,000 to AED 71,610 a year.
  • At AED 71,610 a year the gross yield on the 2017 price is 5.8%.
  • 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 1 September 2024.

Questions about 405, Avanti Tower

What did unit 405 last sell for?

AED 1,231,000 on 2 May 2017, sold by the developer: AED 1,770 per sqft for 695 sqft. It is the only registered sale of the unit.

What is the rent for unit 405?

AED 71,610 a year on the contract signed on 1 September 2024. The previous contract, from September 2023, was AED 65,100; the unit has been rented since November 2019.

How big is unit 405?

695 sqft (64.6 sqm): a one-bedroom hotel apartment on the 4th floor of a 15-storey tower completed in 2018.

What is unit 405 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 405, Avanti Tower

Starts from the last sale price (AED 1.23M, 2 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,231,000
Deposit, UAE resident (20%)
AED 246,200
Deposit, non-resident (40%)
AED 492,400
Monthly over 25 years at 3.7%
AED 5,036

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