705, Avanti Tower
Sold prices and rental history: sold twice, last in September 2023, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 705, Avanti Tower
What is 705 worth today?
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Source: Dubai Land Department. Updated 27 September 2023.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 696 sqft
- Floor
- 7th of 15
- Parking
- P1-45
- Developer
- DAMAC
- Completed
- 2018
- Last sold
- AED 890K · September 2023
- Building
- Avanti Tower
About 705, Avanti Tower
705 is a one-bedroom hotel apartment of 696 sqft on the 7th floor of Avanti Tower, a 15-storey tower in Business Bay completed in 2018 by DAMAC. It last sold on 27 September 2023 for AED 890,000, or AED 1,278 per sqft, 15% below the AED 1,504 one-beds in the building were fetching at the time.
It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 3 October 2022, is AED 73,000 a year: a gross yield of 8.2% on the 2023 price.
Sales and rents for 705 over time
705 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Avanti Tower, and where 705 sits
All 65 1-beds →705 last sold in September 2023 at AED 1,278 per sqft, 15% below what one-beds in Avanti Tower were fetching at the time (AED 1,504). Over the last 12 months one-beds sold for AED 970,000 to 1,275,000, around AED 1,367 per sqft, and rent for AED 50,135 to 115,000 a year. 705's AED 73,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Sep 20267 September 2026 | 682 sqft | 970,000 | 1,421 | ||
| 31 Jul 202631 July 2026 | 883 sqft | 1,085,000 | 1,228 | ||
| 16 Jul 202616 July 2026 | 929 sqft | 1,250,000 | 1,345 | ||
| 23 Feb 202623 February 2026 | 929 sqft | 1,270,000 | 1,367 |
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 70K /yr
- Typical yield
- 6.9%
Other units on the 7th floor
All 159 units in Avanti Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,239 sqft | AED 1.52MAED 1,515,080 · Jul 2022July 2022 | 120,000 /yr | |
| 702 | 1-bed | 883 sqft | AED 1.54MAED 1,543,000 · Sep 2024September 2024 | 85,000 /yr | |
| 703 | Studio | 542 sqft | AED 598KAED 597,504 · Mar 2023March 2023 | 55,000 /yr | |
| 704 | 1-bed | 956 sqft | AED 1.76MAED 1,757,500 · Jun 2014June 2014 | 75,000 /yr | |
| 706 | Studio | 565 sqft | AED 1.16MAED 1,159,000 · Jun 2014June 2014 | 55,000 /yr | |
| 707 | Studio | 384 sqft | AED 806KAED 806,000 · Dec 2014December 2014 | 50,000 /yr | |
| 708 | 1-bed | 928 sqft | AED 1.73MAED 1,730,900 · Aug 2014August 2014 | 90,000 /yr | |
| 709 | Studio | 534 sqft | AED 1.11MAED 1,109,550 · Jun 2014June 2014 | 55,000 /yr | |
| 710 | 1-bed | 905 sqft | AED 1.58MAED 1,580,000 · Jan 2024January 2024 | ||
| 711 | 2-bed | 1,298 sqft | AED 1.7MAED 1,700,000 · Mar 2025March 2025 | ||
| 705A | Studio | 552 sqft | AED 780KAED 780,000 · May 2024May 2024 | 55,000 /yr | |
| 707A | Studio | 456 sqft | AED 663KAED 663,000 · Jul 2022July 2022 | 55,000 /yr | |
| 707B | 1-bed | 865 sqft | AED 1.28MAED 1,275,000 · Nov 2025November 2025 | 75,000 /yr |
705, Avanti Tower in numbers
- Sold twice: first on 22 May 2018 for AED 1,230,768, last on 27 September 2023 for AED 890,000 (AED 1,278 per sqft).
- Rented since June 2019 on 3 Ejari contracts. The rent fell from AED 65,000 to AED 49,000 in 2021 and recovered to AED 73,000 by October 2022.
- At AED 73,000 a year the gross yield on the 2023 price is 8.2%.
- One-beds in Avanti Tower sold for AED 970,000–1,275,000 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 27 September 2023.
Questions about 705, Avanti Tower
What did unit 705 last sell for?
AED 890,000 on 27 September 2023: AED 1,278 per sqft for 696 sqft. The unit has 2 registered sales; the first was AED 1,230,768 in May 2018.
What is the rent for unit 705?
AED 73,000 a year on the contract signed on 3 October 2022. The previous contract, from August 2021, was AED 49,000; the unit has been rented since June 2019.
How big is unit 705?
696 sqft (64.7 sqm): a one-bedroom hotel apartment on the 7th floor of a 15-storey tower completed in 2018.
What is unit 705 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Avanti Tower sold for AED 970,000 to 1,275,000 in the last 12 months, around AED 1,367 per sqft.
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Mortgage on 705, Avanti Tower
Starts from the last sale price (AED 890K, 27 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 890,000
- Deposit, UAE resident (20%)
- AED 178,000
- Deposit, non-resident (40%)
- AED 356,000
- Monthly over 25 years at 3.7%
- AED 3,641
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →