Studio · 459 sqftAvanti Tower, Business Bay · 4th floor · completed 2018

407A, Avanti Tower

Sold prices and rental history: sold once, by the developer in June 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407A · DLD and Ejari recordsUpdated 8 May 2026
Last soldAED 826K20 June 2018
Current rentAED 55K /yr8 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407A, Avanti Tower

What is 407A worth today?

Last sold for AED 826,000 in 2018

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8 May 2026RentedRenewal
AED 54,500/yr12 months · AED 121 per sqft
8 May 2025RentedNew contract
AED 58,000/yr12 months · AED 125 per sqft
1 Feb 2024RentedNew contract
AED 60,000/yr12 months · AED 130 per sqft
5 Jan 2023RentedNew contract
AED 50,000/yr12 months · AED 108 per sqft
1 Jul 2021RentedNew contract
AED 34,000/yr12 months · AED 73 per sqft
25 Jan 2020RentedNew contract
AED 45,000/yr12 months · AED 97 per sqft
25 May 2019RentedNew contract
AED 46,000/yr12 months · AED 99 per sqft
20 Jun 2018Sold by developerOff-plan
AED 826,000AED 1,800 per sqft

Source: Dubai Land Department. Updated 8 May 2026.

Key facts

Type
Studio hotel apartment
Size
459 sqft
Floor
4th of 15
Parking
P1-12
Developer
DAMAC
Completed
2018
Last sold
AED 826K · June 2018
Building
Avanti Tower

About 407A, Avanti Tower

407A is a studio of 459 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 20 June 2018 for AED 826,000, or AED 1,800 per sqft, in line with the AED 1,829 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 8 May 2026, is AED 54,500 a year: a gross yield of 6.6% on the 2018 price.

Sales and rents for 407A over time

Sales
Unit 407A, each saleTypical studio in Avanti Tower
750K1M20142017202020232026Typical 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, June 2018: AED 826,000 (AED 1,800 per sqft)

407A has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 407A, 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 54,000New contract, May 2019: AED 46,000 a yearNew contract, January 2020: AED 45,000 a yearNew contract, July 2021: AED 34,000 a yearNew contract, January 2023: AED 50,000 a yearNew contract, February 2024: AED 60,000 a yearNew contract, May 2025: AED 58,000 a yearRenewal, May 2026: AED 54,500 a year

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 407A sits

All 63 studios →

407A last sold in June 2018 at AED 1,800 per sqft, in line with what studios in Avanti Tower were fetching at the time (AED 1,829). 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. 407A's AED 54,500 is in the lower half of that range.

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
406StudioAED 675K · May 2024
407StudioAED 755K · Jun 2025
1–7 of 12

407A, Avanti Tower in numbers

  • Sold once: by DAMAC on 20 June 2018 for AED 826,000, or AED 1,800 per sqft.
  • Rented since May 2019 on 7 Ejari contracts. The rent fell from AED 46,000 to AED 34,000 in 2021 and recovered to AED 54,500 by May 2026.
  • At AED 54,500 a year the gross yield on the 2018 price is 6.6%.
  • 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 8 May 2026.

Questions about 407A, Avanti Tower

What did unit 407A last sell for?

AED 826,000 on 20 June 2018, sold by the developer: AED 1,800 per sqft for 459 sqft. It is the only registered sale of the unit.

What is the rent for unit 407A?

AED 54,500 a year on the contract renewed on 8 May 2026. The previous contract, from May 2025, was AED 58,000; the unit has been rented since May 2019.

How big is unit 407A?

459 sqft (42.6 sqm): a studio on the 4th floor of a 15-storey tower completed in 2018.

What is unit 407A 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 407A, Avanti Tower

Starts from the last sale price (AED 826K, 20 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 826,000
Deposit, UAE resident (20%)
AED 165,200
Deposit, non-resident (40%)
AED 330,400
Monthly over 25 years at 3.7%
AED 3,379

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