1-bed · 928 sqftAvanti Tower, Business Bay · 8th floor · completed 2018

808, Avanti Tower

Sold prices and rental history: sold twice, last in April 2024, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 808 · DLD and Ejari recordsUpdated 2 April 2024
Last soldAED 1M2 April 2024
Current rentAED 53K /yr1 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 808, Avanti Tower

What is 808 worth today?

Last sold for AED 1,000,000 in 2024

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2 Apr 2024SoldReady
AED 1,000,000AED 1,078 per sqft
1 Jul 2022RentedRenewal
AED 53,120/yr12 months · AED 57 per sqft
1 Jul 2021RentedNew contract
AED 50,000/yr12 months · AED 54 per sqft
4 Apr 2019RentedNew contract
AED 80,000/yr12 months · AED 86 per sqft
24 Jun 2014Sold by developerOff-plan
AED 1,780,200AED 1,919 per sqft

Source: Dubai Land Department. Updated 2 April 2024.

Key facts

Type
1-bed apartment
Size
928 sqft
Floor
8th of 15
Parking
P2-15
Developer
DAMAC
Completed
2018
Last sold
AED 1M · April 2024
Building
Avanti Tower

About 808, Avanti Tower

808 is a one-bedroom apartment of 928 sqft on the 8th floor of Avanti Tower, a 15-storey tower in Business Bay completed in 2018 by DAMAC. It last sold on 2 April 2024 for AED 1,000,000, or AED 1,078 per sqft, 29% below the AED 1,508 one-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 1 July 2022, is AED 53,120 a year: a gross yield of 5.3% on the 2024 price.

Sales and rents for 808 over time

Sales
Unit 808, each saleTypical one-bed in Avanti Tower
1M1.5M2014201820222026Typical sale price by year: 2014 AED 1,730,825; 2015 AED 1,757,500; 2017 AED 1,346,000; 2018 AED 1,499,500; 2019 AED 1,446,500; 2021 AED 888,520; 2022 AED 1,192,425; 2023 AED 1,332,775; 2024 AED 1,396,500; 2025 AED 1,084,476; 2026 AED 1,167,500Sold by developer, June 2014: AED 1,780,200 (AED 1,919 per sqft)Sold, April 2024: AED 1,000,000 (AED 1,078 per sqft)

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

Rents
Unit 808, each contractTypical one-bed in Avanti Tower
60K80K20192021202320252027Typical rent by year: 2019 AED 68,000; 2020 AED 60,000; 2021 AED 60,000; 2022 AED 70,000; 2023 AED 76,000; 2024 AED 83,000; 2025 AED 84,500; 2026 AED 80,000New contract, April 2019: AED 80,000 a yearNew contract, July 2021: AED 50,000 a yearRenewal, July 2022: AED 53,120 a year

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 808 sits

All 65 1-beds →

808 last sold in April 2024 at AED 1,078 per sqft, 29% below what one-beds in Avanti Tower were fetching at the time (AED 1,508). 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. 808's AED 53,120 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
7 Sep 2026970,000
31 Jul 20261,085,000
16 Jul 20261,250,000
23 Feb 20261,270,000
5 1-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
8012-bedAED 1.6M · Nov 2023
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
1–7 of 10

808, Avanti Tower in numbers

  • Sold twice: first on 24 June 2014 for AED 1,780,200, last on 2 April 2024 for AED 1,000,000 (AED 1,078 per sqft).
  • Rented since April 2019 on 3 Ejari contracts, from AED 80,000 to AED 53,120 a year.
  • At AED 53,120 a year the gross yield on the 2024 price is 5.3%.
  • 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 2 April 2024.

Questions about 808, Avanti Tower

What did unit 808 last sell for?

AED 1,000,000 on 2 April 2024: AED 1,078 per sqft for 928 sqft. The unit has 2 registered sales; the first was AED 1,780,200 in June 2014.

What is the rent for unit 808?

AED 53,120 a year on the contract renewed on 1 July 2022. The previous contract, from July 2021, was AED 50,000; the unit has been rented since April 2019.

How big is unit 808?

928 sqft (86.2 sqm): a one-bedroom apartment on the 8th floor of a 15-storey tower completed in 2018.

What is unit 808 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 808, Avanti Tower

Starts from the last sale price (AED 1M, 2 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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