Studio · 534 sqftAvanti Tower, Business Bay · 7th floor · completed 2018

709, 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 709 · DLD and Ejari recordsUpdated 23 October 2026
Last soldAED 1.11M24 June 2014
Current rentAED 55K /yr23 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 709, Avanti Tower

What is 709 worth today?

Last sold for AED 1,109,550 in 2014

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23 Oct 2026RentedNew contract
AED 55,000/yr12 months · AED 103 per sqft
1 Aug 2025RentedNew contract
AED 56,800/yr12 months · AED 106 per sqft
1 Aug 2025RentedNew contract
AED 56,800/yr12 months · AED 106 per sqft
1 Aug 2024RentedRenewal
AED 56,800/yr12 months · AED 106 per sqft
1 Aug 2023RentedRenewal
AED 52,800/yr12 months · AED 98 per sqft
1 Aug 2022RentedNew contract
AED 48,000/yr12 months · AED 89 per sqft
1 May 2021RentedNew contract
AED 36,000/yr12 months · AED 67 per sqft
5 Aug 2020RentedNew contract
AED 33,000/yr12 months · AED 61 per sqft

Source: Dubai Land Department. Updated 23 October 2026.

Key facts

Type
Studio apartment
Size
534 sqft
Floor
7th of 15
Parking
P2-5
Developer
DAMAC
Completed
2018
Last sold
AED 1.11M · June 2014
Building
Avanti Tower

About 709, Avanti Tower

709 is a studio of 534 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 24 June 2014 for AED 1,109,550, or AED 2,077 per sqft, in line with the AED 2,029 studios in the building were fetching at the time.

It has been rented continuously since 2019 on 9 Ejari contracts. The current contract, signed on 23 October 2026, is AED 55,000 a year: a gross yield of 5.0% on the 2014 price.

Sales and rents for 709 over time

Sales
Unit 709, 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 1,109,550 (AED 2,077 per sqft)

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

Rents
Unit 709, 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, July 2019: AED 46,000 a yearNew contract, August 2020: AED 33,000 a yearNew contract, May 2021: AED 36,000 a yearNew contract, August 2022: AED 48,000 a yearRenewal, August 2023: AED 52,800 a yearRenewal, August 2024: AED 56,800 a yearNew contract, August 2025: AED 56,800 a yearNew contract, August 2025: AED 56,800 a yearNew contract, October 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 709 sits

All 63 studios →

709 last sold in June 2014 at AED 2,077 per sqft, in line with what studios in Avanti Tower were fetching at the time (AED 2,029). 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. 709'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

709, Avanti Tower in numbers

  • Sold once: by DAMAC on 24 June 2014 for AED 1,109,550, or AED 2,077 per sqft.
  • Rented since July 2019 on 9 Ejari contracts. The rent fell from AED 46,000 to AED 33,000 in 2020 and recovered to AED 55,000 by October 2026.
  • At AED 55,000 a year the gross yield on the 2014 price is 5.0%.
  • 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 23 October 2026.

Questions about 709, Avanti Tower

What did unit 709 last sell for?

AED 1,109,550 on 24 June 2014, sold by the developer: AED 2,077 per sqft for 534 sqft. It is the only registered sale of the unit.

What is the rent for unit 709?

AED 55,000 a year on the contract signed on 23 October 2026. The previous contract, from August 2025, was AED 56,800; the unit has been rented since July 2019.

How big is unit 709?

534 sqft (49.6 sqm): a studio on the 7th floor of a 15-storey tower completed in 2018.

What is unit 709 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 709, Avanti Tower

Starts from the last sale price (AED 1.11M, 24 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,109,550
Deposit, UAE resident (20%)
AED 221,910
Deposit, non-resident (40%)
AED 443,820
Monthly over 25 years at 3.7%
AED 4,540

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