Studio · 532 sqftAvanti Tower, Business Bay · 5th floor · completed 2018

509, Avanti Tower

Sold prices and rental history: sold once, by the developer in June 2014, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 22 July 2026
Last soldAED 1.08M3 June 2014
Current rentAED 55K /yr22 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Avanti Tower

What is 509 worth today?

Last sold for AED 1,081,100 in 2014

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22 Jul 2026RentedRenewal
AED 55,000/yr12 months · AED 103 per sqft
22 Jul 2025RentedRenewal
AED 61,000/yr12 months · AED 115 per sqft
22 Jul 2024RentedRenewal
AED 60,000/yr12 months · AED 113 per sqft
22 Jul 2023RentedNew contract
AED 53,500/yr12 months · AED 101 per sqft
5 Jun 2022RentedRenewal
AED 45,000/yr12 months · AED 85 per sqft
5 Jan 2022RentedRenewal
AED 34,000/yr5 months · AED 64 per sqft
5 Nov 2021RentedRenewal
AED 34,000/yr2 months · AED 64 per sqft
5 Nov 2020RentedNew contract
AED 34,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 22 July 2026.

Key facts

Type
Studio apartment
Size
532 sqft
Floor
5th of 15
Parking
P1-25
Developer
DAMAC
Completed
2018
Last sold
AED 1.08M · June 2014
Building
Avanti Tower

About 509, Avanti Tower

509 is a studio of 532 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 3 June 2014 for AED 1,081,100, or AED 2,031 per sqft, in line with the AED 2,031 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, renewed on 22 July 2026, is AED 55,000 a year: a gross yield of 5.1% on the 2014 price.

Sales and rents for 509 over time

Sales
Unit 509, 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 2014: AED 1,081,100 (AED 2,031 per sqft)

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

Rents
Unit 509, 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, May 2019: AED 52,000 a yearNew contract, November 2020: AED 34,000 a yearRenewal, November 2021: AED 34,000 a yearRenewal, January 2022: AED 34,000 a yearRenewal, June 2022: AED 45,000 a yearNew contract, July 2023: AED 53,500 a yearRenewal, July 2024: AED 60,000 a yearRenewal, July 2025: AED 61,000 a yearRenewal, July 2026: AED 55,000 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 509 sits

All 63 studios →

509 last sold in June 2014 at AED 2,031 per sqft, in line with what studios in Avanti Tower were fetching at the time (AED 2,031). 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. 509's AED 55,000 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

509, Avanti Tower in numbers

  • Sold once: by DAMAC on 3 June 2014 for AED 1,081,100, or AED 2,031 per sqft.
  • Rented since May 2019 on 9 Ejari contracts. The rent fell from AED 52,000 to AED 34,000 in 2022 and recovered to AED 55,000 by July 2026.
  • At AED 55,000 a year the gross yield on the 2014 price is 5.1%.
  • 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 22 July 2026.

Questions about 509, Avanti Tower

What did unit 509 last sell for?

AED 1,081,100 on 3 June 2014, sold by the developer: AED 2,031 per sqft for 532 sqft. It is the only registered sale of the unit.

What is the rent for unit 509?

AED 55,000 a year on the contract renewed on 22 July 2026. The previous contract, from July 2025, was AED 61,000; the unit has been rented since May 2019.

How big is unit 509?

532 sqft (49.4 sqm): a studio on the 5th floor of a 15-storey tower completed in 2018.

What is unit 509 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 509, Avanti Tower

Starts from the last sale price (AED 1.08M, 3 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,081,100
Deposit, UAE resident (20%)
AED 216,220
Deposit, non-resident (40%)
AED 432,440
Monthly over 25 years at 3.7%
AED 4,423

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