2-bed · 1,234 sqftAvanti Tower, Business Bay · 8th floor · completed 2018

801, Avanti Tower

Sold prices and rental history: sold twice, last in November 2023, and rented once, from June 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 801 · DLD and Ejari recordsUpdated 30 November 2023
Last soldAED 1.6M30 November 2023
Current rentAED 80K /yr10 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 801, Avanti Tower

What is 801 worth today?

Last sold for AED 1,600,000 in 2023

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30 Nov 2023SoldReady
AED 1,600,000AED 1,296 per sqft
10 Jun 2021RentedNew contract
AED 80,000/yr13 months · AED 65 per sqft
3 Jun 2014Sold by developerOff-plan
AED 2,370,250AED 1,920 per sqft

Source: Dubai Land Department. Updated 30 November 2023.

Key facts

Type
2-bed apartment
Size
1,234 sqft
Floor
8th of 15
Parking
P2-8
Developer
DAMAC
Completed
2018
Last sold
AED 1.6M · November 2023
Building
Avanti Tower

About 801, Avanti Tower

801 is a two-bedroom apartment of 1,234 sqft on the 8th floor of Avanti Tower, a 15-storey tower in Business Bay completed in 2018 by DAMAC. It last sold on 30 November 2023 for AED 1,600,000, or AED 1,296 per sqft, 4% below the AED 1,346 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 June 2021. The current contract, signed on 10 June 2021, is AED 80,000 a year: a gross yield of 5.0% on the 2023 price.

Sales and rents for 801 over time

Sales
Unit 801, 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, June 2014: AED 2,370,250 (AED 1,920 per sqft)Sold, November 2023: AED 1,600,000 (AED 1,296 per sqft)

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

Rents
Unit 801, 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, June 2021: AED 80,000 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 801 sits

All 29 2-beds →

801 last sold in November 2023 at AED 1,296 per sqft, 4% below what two-beds in Avanti Tower were fetching at the time (AED 1,346). 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. 801's AED 80,000 is at the bottom 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 8th floor

All 159 units in Avanti Tower
Value
8021-bedAED 1.72M · Aug 2014
803StudioAED 1.18M · Aug 2014
8041-bedAED 1.76M · Sep 2018
8052-bedAED 1.96M · Jun 2019
806StudioAED 1.16M · Jun 2014
8073-bedAED 2.27M · Jul 2021
8081-bedAED 1M · Apr 2024
1–7 of 10

801, Avanti Tower in numbers

  • Sold twice: first on 3 June 2014 for AED 2,370,250, last on 30 November 2023 for AED 1,600,000 (AED 1,296 per sqft).
  • Rented since June 2021 on one Ejari contract, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2023 price is 5.0%.
  • 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 30 November 2023.

Questions about 801, Avanti Tower

What did unit 801 last sell for?

AED 1,600,000 on 30 November 2023: AED 1,296 per sqft for 1,234 sqft. The unit has 2 registered sales; the first was AED 2,370,250 in June 2014.

What is the rent for unit 801?

AED 80,000 a year on the contract signed on 10 June 2021.

How big is unit 801?

1,234 sqft (114.6 sqm): a two-bedroom apartment on the 8th floor of a 15-storey tower completed in 2018.

What is unit 801 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 801, Avanti Tower

Starts from the last sale price (AED 1.6M, 30 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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