2-bed · 1,239 sqftAvanti Tower, Business Bay · 7th floor · completed 2018

701, Avanti Tower

Sold prices and rental history: sold once, by the developer in July 2022, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 15 March 2026
Last soldAED 1.52M7 July 2022
Current rentAED 120K /yr15 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Avanti Tower

What is 701 worth today?

Last sold for AED 1,515,080 in 2022

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15 Mar 2026RentedRenewal
AED 120,000/yr12 months · AED 97 per sqft
15 Mar 2025RentedNew contract
AED 120,000/yr12 months · AED 97 per sqft
15 Mar 2025RentedNew contract
AED 120,000/yr12 months · AED 97 per sqft
12 Mar 2024RentedNew contract
AED 125,000/yr12 months · AED 101 per sqft
10 Mar 2023RentedNew contract
AED 110,000/yr12 months · AED 89 per sqft
7 Jul 2022Sold by developerReady
AED 1,515,080AED 1,222 per sqft

Source: Dubai Land Department. Updated 15 March 2026.

Key facts

Type
2-bed apartment
Size
1,239 sqft
Floor
7th of 15
Parking
P1-41
Developer
DAMAC
Completed
2018
Last sold
AED 1.52M · July 2022
Building
Avanti Tower

About 701, Avanti Tower

701 is a two-bedroom apartment of 1,239 sqft on the 7th floor of Avanti Tower, a 15-storey tower in Business Bay completed in 2018 by DAMAC. The developer sold it on 7 July 2022 for AED 1,515,080, or AED 1,222 per sqft, in line with the AED 1,238 two-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, renewed on 15 March 2026, is AED 120,000 a year: a gross yield of 7.9% on the 2022 price.

Sales and rents for 701 over time

Sales
Unit 701, each saleTypical two-bed in Avanti Tower
1.5M2M2.5M20142017202020232026Typical sale price by year: 2014 AED 2,444,750; 2022 AED 1,636,600; 2023 AED 1,750,000; 2025 AED 1,615,000Sold by developer, July 2022: AED 1,515,080 (AED 1,222 per sqft)

701 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 701, each contractTypical two-bed in Avanti Tower
75K100K125K20192021202320252027Typical rent by year: 2019 AED 92,231; 2020 AED 85,000; 2021 AED 75,000; 2022 AED 92,500; 2023 AED 110,000; 2024 AED 122,500; 2025 AED 120,000; 2026 AED 120,000New contract, March 2023: AED 110,000 a yearNew contract, March 2024: AED 125,000 a yearNew contract, March 2025: AED 120,000 a yearNew contract, March 2025: AED 120,000 a yearRenewal, March 2026: AED 120,000 a year

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 701 sits

All 29 2-beds →

701 last sold in July 2022 at AED 1,222 per sqft, in line with what two-beds in Avanti Tower were fetching at the time (AED 1,238). 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. 701's AED 120,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
10 Feb 20261,517,533
14 Jan 20262,015,000
30 May 20251,680,000
12 Mar 20251,700,000
2 2-bed 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 7th floor

All 159 units in Avanti Tower
Value
7021-bedAED 1.54M · Sep 2024
703StudioAED 598K · Mar 2023
7041-bedAED 1.76M · Jun 2014
7051-bedAED 890K · Sep 2023
706StudioAED 1.16M · Jun 2014
707StudioAED 806K · Dec 2014
7081-bedAED 1.73M · Aug 2014
1–7 of 13

701, Avanti Tower in numbers

  • Sold once: by DAMAC on 7 July 2022 for AED 1,515,080, or AED 1,222 per sqft.
  • Rented since March 2023 on 5 Ejari contracts, from AED 110,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2022 price is 7.9%.
  • 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 15 March 2026.

Questions about 701, Avanti Tower

What did unit 701 last sell for?

AED 1,515,080 on 7 July 2022, sold by the developer: AED 1,222 per sqft for 1,239 sqft. It is the only registered sale of the unit.

What is the rent for unit 701?

AED 120,000 a year on the contract renewed on 15 March 2026. The previous contract, from March 2025, was AED 120,000; the unit has been rented since March 2023.

How big is unit 701?

1,239 sqft (115.1 sqm): a two-bedroom apartment on the 7th floor of a 15-storey tower completed in 2018.

What is unit 701 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 701, Avanti Tower

Starts from the last sale price (AED 1.52M, 7 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,515,080
Deposit, UAE resident (20%)
AED 303,016
Deposit, non-resident (40%)
AED 606,032
Monthly over 25 years at 3.7%
AED 6,199

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