Studio · 542 sqftAvanti Tower, Business Bay · 7th floor · completed 2018

703, Avanti Tower

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

Unit 703 · DLD and Ejari recordsUpdated 28 September 2026
Last soldAED 598K30 March 2023
Current rentAED 55K /yr28 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Avanti Tower

What is 703 worth today?

Last sold for AED 597,504 in 2023

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28 Sep 2026RentedRenewal
AED 55,000/yr12 months · AED 102 per sqft
28 Sep 2025RentedNew contract
AED 60,000/yr12 months · AED 111 per sqft
22 Aug 2024RentedRenewal
AED 55,000/yr12 months · AED 102 per sqft
22 Aug 2023RentedNew contract
AED 55,000/yr12 months · AED 102 per sqft
30 Mar 2023SoldReady
AED 597,504AED 1,102 per sqft
15 Aug 2022RentedNew contract
AED 52,000/yr12 months · AED 97 per sqft
5 Jul 2022Sold by developerReady
AED 717,360AED 1,324 per sqft

Source: Dubai Land Department. Updated 28 September 2026.

Key facts

Type
Studio apartment
Size
542 sqft
Floor
7th of 15
Parking
P1-43
Developer
DAMAC
Completed
2018
Last sold
AED 598K · March 2023
Building
Avanti Tower

About 703, Avanti Tower

703 is a studio of 542 sqft on the 7th floor of Avanti Tower, a 15-storey tower in Business Bay completed in 2018 by DAMAC. It last sold on 30 March 2023 for AED 597,504, or AED 1,102 per sqft, 14% below the AED 1,276 studios in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 28 September 2026, is AED 55,000 a year: a gross yield of 9.2% on the 2023 price.

Sales and rents for 703 over time

Sales
Unit 703, 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, July 2022: AED 717,360 (AED 1,324 per sqft)Sold, March 2023: AED 597,504 (AED 1,102 per sqft)

703 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 703, 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, August 2022: AED 52,000 a yearNew contract, August 2023: AED 55,000 a yearRenewal, August 2024: AED 55,000 a yearNew contract, September 2025: AED 60,000 a yearRenewal, September 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 703 sits

All 63 studios →

703 last sold in March 2023 at AED 1,102 per sqft, 14% below what studios in Avanti Tower were fetching at the time (AED 1,276). 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. 703'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 7th floor

All 159 units in Avanti Tower
Value
7012-bedAED 1.52M · Jul 2022
7021-bedAED 1.54M · Sep 2024
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

703, Avanti Tower in numbers

  • Sold twice: first on 5 July 2022 for AED 717,360, last on 30 March 2023 for AED 597,504 (AED 1,102 per sqft).
  • Rented since August 2022 on 5 Ejari contracts, from AED 52,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2023 price is 9.2%.
  • 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 28 September 2026.

Questions about 703, Avanti Tower

What did unit 703 last sell for?

AED 597,504 on 30 March 2023: AED 1,102 per sqft for 542 sqft. The unit has 2 registered sales; the first was AED 717,360 in July 2022.

What is the rent for unit 703?

AED 55,000 a year on the contract renewed on 28 September 2026. The previous contract, from September 2025, was AED 60,000; the unit has been rented since August 2022.

How big is unit 703?

542 sqft (50.4 sqm): a studio on the 7th floor of a 15-storey tower completed in 2018.

What is unit 703 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 703, Avanti Tower

Starts from the last sale price (AED 598K, 30 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 597,504
Deposit, UAE resident (20%)
AED 119,501
Deposit, non-resident (40%)
AED 239,002
Monthly over 25 years at 3.7%
AED 2,445

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