Studio · 454 sqftAvanti Tower, Business Bay · 5th floor · completed 2018

507A, Avanti Tower

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

Unit 507A · DLD and Ejari recordsUpdated 10 October 2026
Last soldAED 830K1 November 2017
Current rentAED 56K /yr10 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507A, Avanti Tower

What is 507A worth today?

Last sold for AED 830,000 in 2017

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10 Oct 2026RentedRenewal
AED 56,030/yr12 months · AED 124 per sqft
10 Oct 2025RentedRenewal
AED 53,361/yr12 months · AED 118 per sqft
10 Oct 2024RentedRenewal
AED 50,820/yr12 months · AED 112 per sqft
10 Oct 2023RentedRenewal
AED 48,400/yr12 months · AED 107 per sqft
10 Oct 2022RentedRenewal
AED 44,000/yr12 months · AED 97 per sqft
10 Oct 2021RentedNew contract
AED 40,000/yr12 months · AED 88 per sqft
20 May 2021RentedNew contract
AED 35,000/yr12 months · AED 77 per sqft
1 Oct 2019RentedNew contract
AED 48,000/yr12 months · AED 106 per sqft

Source: Dubai Land Department. Updated 10 October 2026.

Key facts

Type
Studio apartment
Size
454 sqft
Floor
5th of 15
Parking
P1-23
Developer
DAMAC
Completed
2018
Last sold
AED 830K · November 2017
Building
Avanti Tower

About 507A, Avanti Tower

507A is a studio of 454 sqft on the 5th floor of Avanti Tower, a 15-storey tower in Business Bay completed in 2018 by DAMAC. The developer sold it on 1 November 2017 for AED 830,000, or AED 1,827 per sqft, 4% below the AED 1,901 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 8 Ejari contracts. The current contract, renewed on 10 October 2026, is AED 56,030 a year: a gross yield of 6.8% on the 2017 price.

Sales and rents for 507A over time

Sales
Unit 507A, 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, November 2017: AED 830,000 (AED 1,827 per sqft)

507A has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 507A, each contractTypical studio in Avanti Tower
40K60K201920222025Typical 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, October 2019: AED 48,000 a yearNew contract, May 2021: AED 35,000 a yearNew contract, October 2021: AED 40,000 a yearRenewal, October 2022: AED 44,000 a yearRenewal, October 2023: AED 48,400 a yearRenewal, October 2024: AED 50,820 a yearRenewal, October 2025: AED 53,361 a yearRenewal, October 2026: AED 56,030 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 507A sits

All 63 studios →

507A last sold in November 2017 at AED 1,827 per sqft, 4% below what studios in Avanti Tower were fetching at the time (AED 1,901). 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. 507A's AED 56,030 is in the upper 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 5th floor

All 159 units in Avanti Tower
Value
5012-bedAED 1.45M · Aug 2024
5021-bedAED 1M · Feb 2025
503StudioAED 532K · May 2025
5041-bedAED 1.18M · Jul 2023
5052-bedAED 1.52M · Feb 2026
506StudioAED 1.01M · Jan 2018
507StudioAED 720K · Jul 2025
1–7 of 12

507A, Avanti Tower in numbers

  • Sold once: by DAMAC on 1 November 2017 for AED 830,000, or AED 1,827 per sqft.
  • Rented since October 2019 on 8 Ejari contracts. The rent fell from AED 48,000 to AED 35,000 in 2021 and recovered to AED 56,030 by October 2026.
  • At AED 56,030 a year the gross yield on the 2017 price is 6.8%.
  • 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 10 October 2026.

Questions about 507A, Avanti Tower

What did unit 507A last sell for?

AED 830,000 on 1 November 2017, sold by the developer: AED 1,827 per sqft for 454 sqft. It is the only registered sale of the unit.

What is the rent for unit 507A?

AED 56,030 a year on the contract renewed on 10 October 2026. The previous contract, from October 2025, was AED 53,361; the unit has been rented since October 2019.

How big is unit 507A?

454 sqft (42.2 sqm): a studio on the 5th floor of a 15-storey tower completed in 2018.

What is unit 507A 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 507A, Avanti Tower

Starts from the last sale price (AED 830K, 1 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 830,000
Deposit, UAE resident (20%)
AED 166,000
Deposit, non-resident (40%)
AED 332,000
Monthly over 25 years at 3.7%
AED 3,396

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