501, Avanti Tower
Sold prices and rental history: sold twice, last in August 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Avanti Tower
What is 501 worth today?
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Source: Dubai Land Department. Updated 26 August 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,234 sqft
- Floor
- 5th of 15
- Parking
- P1-16
- Developer
- DAMAC
- Completed
- 2018
- Last sold
- AED 1.45M · August 2024
- Building
- Avanti Tower
About 501, Avanti Tower
501 is a two-bedroom apartment of 1,234 sqft on the 5th floor of Avanti Tower, a 15-storey tower in Business Bay completed in 2018 by DAMAC. It last sold on 26 August 2024 for AED 1,450,000, or AED 1,175 per sqft, 9% below the AED 1,296 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 29 September 2023, is AED 105,000 a year: a gross yield of 7.2% on the 2024 price.
Sales and rents for 501 over time
501 has sold twice; the dashed line is the two-bed median of each year in the building.
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 501 sits
All 29 2-beds →501 last sold in August 2024 at AED 1,175 per sqft, 9% below what two-beds in Avanti Tower were fetching at the time (AED 1,296). 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. 501's AED 105,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 10 Feb 202610 February 2026 | 1,294 sqft | 1,517,533 | 1,172 | ||
| 14 Jan 202614 January 2026 | 1,241 sqft | 2,015,000 | 1,624 | ||
| 30 May 202530 May 2025 | 1,266 sqft | 1,680,000 | 1,326 | ||
| 12 Mar 202512 March 2025 | 1,298 sqft | 1,700,000 | 1,310 |
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 5th floor
All 159 units in Avanti Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 1-bed | 880 sqft | AED 1MAED 1,000,000 · Feb 2025February 2025 | 65,000 /yr | |
| 503 | Studio | 360 sqft | AED 532KAED 531,666 · May 2025May 2025 | 69,000 /yr | |
| 504 | 1-bed | 955 sqft | AED 1.18MAED 1,179,269 · Jul 2023July 2023 | 73,000 /yr | |
| 505 | 2-bed | 1,294 sqft | AED 1.52MAED 1,517,533 · Feb 2026February 2026 | 94,461 /yr | |
| 506 | Studio | 560 sqft | AED 1.01MAED 1,005,840 · Jan 2018January 2018 | 50,000 /yr | |
| 507 | Studio | 384 sqft | AED 720KAED 720,000 · Jul 2025July 2025 | 65,000 /yr | |
| 508 | 1-bed | 928 sqft | AED 1.2MAED 1,202,460 · Jun 2022June 2022 | 90,000 /yr | |
| 509 | Studio | 532 sqft | AED 1.08MAED 1,081,100 · Jun 2014June 2014 | 55,000 /yr | |
| 510 | 1-bed | 901 sqft | AED 1.3MAED 1,300,000 · Sep 2023September 2023 | 83,000 /yr | |
| 511 | 2-bed | 1,290 sqft | AED 1.6MAED 1,603,000 · May 2022May 2022 | 160,000 /yr | |
| 507A | Studio | 454 sqft | AED 830KAED 830,000 · Nov 2017November 2017 | 56,030 /yr | |
| 507B | 1-bed | 862 sqft | AED 1.29MAED 1,293,600 · Jun 2023June 2023 | 78,000 /yr |
501, Avanti Tower in numbers
- Sold twice: first on 9 June 2019 for AED 1,862,000, last on 26 August 2024 for AED 1,450,000 (AED 1,175 per sqft).
- Rented since March 2020 on 4 Ejari contracts, from AED 95,000 to AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2024 price is 7.2%.
- 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 26 August 2024.
Questions about 501, Avanti Tower
What did unit 501 last sell for?
AED 1,450,000 on 26 August 2024: AED 1,175 per sqft for 1,234 sqft. The unit has 2 registered sales; the first was AED 1,862,000 in June 2019.
What is the rent for unit 501?
AED 105,000 a year on the contract signed on 29 September 2023. The previous contract, from September 2023, was AED 100,000; the unit has been rented since March 2020.
How big is unit 501?
1,234 sqft (114.6 sqm): a two-bedroom apartment on the 5th floor of a 15-storey tower completed in 2018.
What is unit 501 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 501, Avanti Tower
Starts from the last sale price (AED 1.45M, 26 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,450,000
- Deposit, UAE resident (20%)
- AED 290,000
- Deposit, non-resident (40%)
- AED 580,000
- Monthly over 25 years at 3.7%
- AED 5,932
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →