503, Avanti Tower
Sold prices and rental history: sold twice, last in May 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, Avanti Tower
What is 503 worth today?
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Source: Dubai Land Department. Updated 7 December 2025.
Key facts
- Type
- Studio apartment
- Size
- 360 sqft
- Floor
- 5th of 15
- Parking
- P1-18
- Developer
- DAMAC
- Completed
- 2018
- Last sold
- AED 532K · May 2025
- Building
- Avanti Tower
About 503, Avanti Tower
503 is a studio of 360 sqft on the 5th floor of Avanti Tower, a 15-storey tower in Business Bay completed in 2018 by DAMAC. It last sold on 23 May 2025 for AED 531,666, or AED 1,476 per sqft, 5% above the AED 1,412 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 7 December 2025, is AED 69,000 a year: a gross yield of 13.0% on the 2025 price.
Sales and rents for 503 over time
503 has sold twice; the dashed line is the studio median of each year in the building.
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 503 sits
All 63 studios →503 last sold in May 2025 at AED 1,476 per sqft, 5% above what studios in Avanti Tower were fetching at the time (AED 1,412). 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. 503's AED 69,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 May 202621 May 2026 | 532 sqft | 750,000 | 1,408 | ||
| 11 Dec 202511 December 2025 | 472 sqft | 700,000 | 1,482 | ||
| 9 Jul 20259 July 2025 | 384 sqft | 720,000 | 1,874 | ||
| 2 Jun 20252 June 2025 | 384 sqft | 755,000 | 1,964 |
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 69K /yr
- Typical yield
- 6.9%
Other units on the 5th floor
All 159 units in Avanti Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,234 sqft | AED 1.45MAED 1,450,000 · Aug 2024August 2024 | 105,000 /yr | |
| 502 | 1-bed | 880 sqft | AED 1MAED 1,000,000 · Feb 2025February 2025 | 65,000 /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 |
503, Avanti Tower in numbers
- Sold twice: first on 10 August 2014 for AED 1,178,950, last on 23 May 2025 for AED 531,666 (AED 1,476 per sqft).
- Rented since July 2019 on 7 Ejari contracts. The rent fell from AED 46,000 to AED 35,000 in 2020 and recovered to AED 69,000 by December 2025.
- At AED 69,000 a year the gross yield on the 2025 price is 13.0%.
- 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 7 December 2025.
Questions about 503, Avanti Tower
What did unit 503 last sell for?
AED 531,666 on 23 May 2025: AED 1,476 per sqft for 360 sqft. The unit has 2 registered sales; the first was AED 1,178,950 in August 2014.
What is the rent for unit 503?
AED 69,000 a year on the contract renewed on 7 December 2025. The previous contract, from December 2024, was AED 60,000; the unit has been rented since July 2019.
How big is unit 503?
360 sqft (33.4 sqm): a studio on the 5th floor of a 15-storey tower completed in 2018.
What is unit 503 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 503, Avanti Tower
Starts from the last sale price (AED 532K, 23 May 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 531,666
- Deposit, UAE resident (20%)
- AED 106,333
- Deposit, non-resident (40%)
- AED 212,666
- Monthly over 25 years at 3.7%
- AED 2,175
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →