Studio · 552 sqftAvanti Tower, Business Bay · 7th floor · completed 2018

705A, Avanti Tower

Sold prices and rental history: sold twice, last in May 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705A · DLD and Ejari recordsUpdated 28 May 2024
Last soldAED 780K28 May 2024
Current rentAED 55K /yr25 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705A, Avanti Tower

What is 705A worth today?

Last sold for AED 780,000 in 2024

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28 May 2024SoldReady
AED 780,000AED 1,412 per sqft
25 Nov 2022RentedNew contract
AED 55,000/yr12 months · AED 100 per sqft
23 Nov 2022RentedNew contract
AED 62,000/yr12 months · AED 112 per sqft
7 Dec 2021Sold by developerReady
AED 776,000AED 1,405 per sqft

Source: Dubai Land Department. Updated 28 May 2024.

Key facts

Type
Studio apartment
Size
552 sqft
Floor
7th of 15
Parking
nan
Developer
DAMAC
Completed
2018
Last sold
AED 780K · May 2024
Building
Avanti Tower

About 705A, Avanti Tower

705A is a studio of 552 sqft on the 7th floor of Avanti Tower, a 15-storey tower in Business Bay completed in 2018 by DAMAC. It last sold on 28 May 2024 for AED 780,000, or AED 1,412 per sqft, 8% above the AED 1,307 studios in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 25 November 2022, is AED 55,000 a year: a gross yield of 7.0% on the 2024 price.

Sales and rents for 705A over time

Sales
Unit 705A, 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, December 2021: AED 776,000 (AED 1,405 per sqft)Sold, May 2024: AED 780,000 (AED 1,412 per sqft)

705A has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 705A, each contractTypical studio in Avanti Tower
40K60K20192021202320252027Typical 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, November 2022: AED 55,000 a yearNew contract, November 2022: AED 62,000 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 705A sits

All 63 studios →

705A last sold in May 2024 at AED 1,412 per sqft, 8% above what studios in Avanti Tower were fetching at the time (AED 1,307). 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. 705A'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
703StudioAED 598K · Mar 2023
7041-bedAED 1.76M · Jun 2014
7051-bedAED 890K · Sep 2023
706StudioAED 1.16M · Jun 2014
707StudioAED 806K · Dec 2014
1–7 of 13

705A, Avanti Tower in numbers

  • Sold twice: first on 7 December 2021 for AED 776,000, last on 28 May 2024 for AED 780,000 (AED 1,412 per sqft).
  • Rented since November 2022 on 2 Ejari contracts, from AED 62,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2024 price is 7.0%.
  • 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 May 2024.

Questions about 705A, Avanti Tower

What did unit 705A last sell for?

AED 780,000 on 28 May 2024: AED 1,412 per sqft for 552 sqft. The unit has 2 registered sales; the first was AED 776,000 in December 2021.

What is the rent for unit 705A?

AED 55,000 a year on the contract signed on 25 November 2022. The previous contract, from November 2022, was AED 62,000.

How big is unit 705A?

552 sqft (51.3 sqm): a studio on the 7th floor of a 15-storey tower completed in 2018.

What is unit 705A 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 705A, Avanti Tower

Starts from the last sale price (AED 780K, 28 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 780,000
Deposit, UAE resident (20%)
AED 156,000
Deposit, non-resident (40%)
AED 312,000
Monthly over 25 years at 3.7%
AED 3,191

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