Studio · 567 sqftAvanti Tower, Business Bay · 4th floor · completed 2018

406, Avanti Tower

Sold prices and rental history: sold twice, last in May 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 17 May 2024
Last soldAED 675K17 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Avanti Tower

What is 406 worth today?

Last sold for AED 675,000 in 2024

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17 May 2024SoldReady
AED 675,000AED 1,190 per sqft
3 Nov 2014Sold by developerOff-plan
AED 1,251,150AED 2,206 per sqft

Source: Dubai Land Department. Updated 17 May 2024.

Key facts

Type
Studio hotel apartment
Size
567 sqft
Floor
4th of 15
Parking
P1-10
Developer
DAMAC
Completed
2018
Last sold
AED 675K · May 2024
Building
Avanti Tower

About 406, Avanti Tower

406 is a studio of 567 sqft on the 4th floor of Avanti Tower, a 15-storey tower in Business Bay completed in 2018 by DAMAC. It last sold on 17 May 2024 for AED 675,000, or AED 1,190 per sqft, 8% below the AED 1,298 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical studio in Avanti Tower
500K1M20142017202020232026Typical sale price by year: 2014 AED 1,086,800; 2017 AED 868,280; 2018 AED 891,100; 2019 AED 1,011,000; 2021 AED 725,500; 2022 AED 663,000; 2023 AED 611,000; 2024 AED 700,000; 2025 AED 735,000Sold by developer, November 2014: AED 1,251,150 (AED 2,206 per sqft)Sold, May 2024: AED 675,000 (AED 1,190 per sqft)

406 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 406, each contractTypical studio in Avanti Tower
40K60K20192021202320252027Typical rent by year: 2019 AED 48,000; 2020 AED 35,000; 2021 AED 38,000; 2022 AED 48,000; 2023 AED 55,000; 2024 AED 60,000; 2025 AED 60,000; 2026 AED 54,000

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 406 sits

All 63 studios →

406 last sold in May 2024 at AED 1,190 per sqft, 8% below what studios in Avanti Tower were fetching at the time (AED 1,298). 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.

Recent studio salesUnit no.Price (AED)Summary
21 May 2026750,000
11 Dec 2025700,000
9 Jul 2025720,000
2 Jun 2025755,000
2 studio 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
4051-bedAED 1.23M · May 2017
407StudioAED 755K · Jun 2025
4081-bedAED 1.52M · Jul 2023
1–7 of 12

406, Avanti Tower in numbers

  • Sold twice: first on 3 November 2014 for AED 1,251,150, last on 17 May 2024 for AED 675,000 (AED 1,190 per sqft).
  • 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 17 May 2024.

Questions about 406, Avanti Tower

What did unit 406 last sell for?

AED 675,000 on 17 May 2024: AED 1,190 per sqft for 567 sqft. The unit has 2 registered sales; the first was AED 1,251,150 in November 2014.

How big is unit 406?

567 sqft (52.7 sqm): a studio on the 4th floor of a 15-storey tower completed in 2018.

What is unit 406 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 406, Avanti Tower

Starts from the last sale price (AED 675K, 17 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 675,000
Deposit, UAE resident (20%)
AED 135,000
Deposit, non-resident (40%)
AED 270,000
Monthly over 25 years at 3.7%
AED 2,762

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