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3-bed · 2,168 sqftAvant Tower, Dubai Marina · 5th floor

501, Avant Tower

Sold prices and rental history: sold 3 times, last in October 2018, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 21 October 2018
Last soldAED 2.6M21 October 2018
Current rentAED 210K /yr1 June 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 501, Avant Tower

What is 501 worth today?

Last sold for AED 2,600,000 in 2018

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21 Oct 2018SoldReady
AED 2,600,000AED 1,199 per sqft
1 Jun 2017RentedNew contract
AED 210,000/yr15 months · AED 97 per sqft
2 May 2016RentedRenewal
AED 230,000/yr12 months · AED 106 per sqft
2 May 2015RentedNew contract
AED 250,000/yr12 months · AED 116 per sqft
1 May 2014RentedNew contract
AED 235,000/yr12 months · AED 109 per sqft
6 Feb 2014SoldReady
AED 4,800,000AED 2,214 per sqft
8 Jan 2013RentedNew contract
AED 200,000/yr12 months · AED 92 per sqft
25 Jan 2012Sold by developerReady
AED 1,830,000AED 844 per sqft

Source: Dubai Land Department. Updated 21 October 2018.

Key facts

Type
3-bed apartment
Size
2,168 sqft
Floor
5th of 24
Parking
1, 2
Developer
Trident International Holding
Service charge
AED 39,900 /yr
Last sold
AED 2.6M · October 2018
Building
Avant Tower

About 501, Avant Tower

501 is a three-bedroom apartment of 2,168 sqft on the 5th floor of Avant Tower, a 24-storey tower in Dubai Marina by Trident International Holding. It last sold on 21 October 2018 for AED 2,600,000, or AED 1,199 per sqft.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 1 June 2017, is AED 210,000 a year: a gross yield of 8.1% on the 2018 price, before the service charge of about AED 39,900 a year.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical three-bed in Avant Tower
2M4M2009201420192024Typical sale price by year: 2009 AED 2,750,000; 2010 AED 2,285,500; 2011 AED 1,985,500; 2012 AED 1,993,499; 2013 AED 1,956,000; 2014 AED 4,850,000; 2015 AED 4,675,000; 2017 AED 4,075,000; 2021 AED 2,700,000; 2022 AED 3,225,000; 2023 AED 3,800,000; 2024 AED 4,000,000; 2025 AED 4,600,000Sold by developer, January 2012: AED 1,830,000 (AED 844 per sqft)Sold, February 2014: AED 4,800,000 (AED 2,214 per sqft)Sold, October 2018: AED 2,600,000 (AED 1,199 per sqft)

501 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 501, each contractTypical three-bed in Avant Tower
200K2012201620202024Typical rent by year: 2012 AED 180,000; 2013 AED 205,000; 2014 AED 235,000; 2015 AED 235,000; 2016 AED 230,000; 2017 AED 210,000; 2018 AED 210,000; 2019 AED 185,000; 2020 AED 160,000; 2021 AED 164,000; 2022 AED 202,500; 2023 AED 230,000; 2024 AED 245,000; 2025 AED 271,250; 2026 AED 255,000New contract, January 2013: AED 200,000 a yearNew contract, May 2014: AED 235,000 a yearNew contract, May 2015: AED 250,000 a yearRenewal, May 2016: AED 230,000 a yearNew contract, June 2017: AED 210,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Avant Tower, and where 501 sits

All 38 3-beds →

Over the last 12 months three-beds sold for AED 4,750,000, around AED 2,191 per sqft, and rent for AED 235,750 to 320,000 a year. 501's AED 210,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
16 Jun 20264,750,000
9 Jul 20254,920,000
16 May 20254,600,000
28 Feb 20254,900,000
1 3-bed sale in the last 12 months

Avant Tower

Building

78 apartments, 2-bed to 4-bed over 24 floors in Dubai Marina by Trident International Holding. 1 sold in the last 12 months.

Typical price per sqft
AED 2,191
Typical sale
AED 4.75M
Typical rent
AED 210K /yr
Typical yield
5.1%
Avant Tower, Dubai Marina: prices, sales and rents →

Other units on the 5th floor

All 78 units in Avant Tower
Value
5023-bedAED 3.6M · Jan 2012
5032-bedAED 1.33M · Feb 2013
5042-bedAED 1.42M · Dec 2020

501, Avant Tower in numbers

  • Sold 3 times: first on 25 January 2012 for AED 1,830,000, last on 21 October 2018 for AED 2,600,000 (AED 1,199 per sqft).
  • Rented since January 2013 on 5 Ejari contracts, from AED 200,000 to AED 210,000 a year.
  • At AED 210,000 a year the gross yield on the 2018 price is 8.1%, before a service charge of about AED 39,900 a year (AED 18.42 per sqft).
  • Three-beds in Avant Tower sold for AED 4,750,000–4,750,000 in the 12 months to November 2026; the building's median across all types is AED 2,191 per sqft.

Source: Dubai Land Department. Updated 21 October 2018.

Questions about 501, Avant Tower

What did unit 501 last sell for?

AED 2,600,000 on 21 October 2018: AED 1,199 per sqft for 2,168 sqft. The unit has 3 registered sales; the first was AED 1,830,000 in January 2012.

What is the rent for unit 501?

AED 210,000 a year on the contract signed on 1 June 2017. The previous contract, from May 2016, was AED 230,000; the unit has been rented since January 2013.

How big is unit 501?

2,168 sqft (201.4 sqm): a three-bedroom apartment on the 5th floor of a 24-storey tower.

What is unit 501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Avant Tower sold for AED 4,750,000 to 4,750,000 in the last 12 months, around AED 2,191 per sqft.

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Mortgage on 501, Avant Tower

Starts from the last sale price (AED 2.6M, 21 October 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,600,000
Deposit, UAE resident (20%)
AED 520,000
Deposit, non-resident (40%)
AED 1,040,000
Monthly over 25 years at 3.7%
AED 10,637

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