2-bed · 1,653 sqftAvant Tower, Dubai Marina · 5th floor

504, Avant Tower

Sold prices and rental history: sold 5 times, last in December 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 28 December 2020
Last soldAED 1.42M28 December 2020
Current rentAED 140K /yr10 September 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 504, Avant Tower

What is 504 worth today?

Last sold for AED 1,415,000 in 2020

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28 Dec 2020SoldReady
AED 1,415,000AED 856 per sqft
10 Sep 2019RentedRenewal
AED 140,000/yr12 months · AED 84 per sqft
10 Sep 2018RentedRenewal
AED 170,000/yr12 months · AED 103 per sqft
10 Sep 2017RentedRenewal
AED 170,000/yr12 months · AED 103 per sqft
10 Sep 2016RentedRenewal
AED 185,000/yr12 months · AED 112 per sqft
10 Sep 2015RentedRenewal
AED 195,000/yr12 months · AED 118 per sqft
10 Sep 2014RentedNew contract
AED 195,000/yr12 months · AED 118 per sqft
17 Jun 2013SoldReady
AED 2,450,000AED 1,482 per sqft

Source: Dubai Land Department. Updated 28 December 2020.

Key facts

Type
2-bed apartment
Size
1,653 sqft
Floor
5th of 24
Parking
372
Developer
Trident International Holding
Service charge
AED 30,400 /yr
Last sold
AED 1.42M · December 2020
Building
Avant Tower

About 504, Avant Tower

504 is a two-bedroom apartment of 1,653 sqft on the 5th floor of Avant Tower, a 24-storey tower in Dubai Marina by Trident International Holding. It last sold on 28 December 2020 for AED 1,415,000, or AED 856 per sqft, 13% below the AED 983 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 10 September 2019, is AED 140,000 a year: a gross yield of 9.9% on the 2020 price, before the service charge of about AED 30,400 a year.

Sales and rents for 504 over time

Sales
Unit 504, each saleTypical two-bed in Avant Tower
2M3M2009201420192024Typical sale price by year: 2009 AED 1,900,300; 2010 AED 1,453,000; 2011 AED 1,418,000; 2012 AED 1,421,000; 2013 AED 1,432,500; 2014 AED 2,825,000; 2017 AED 2,500,000; 2020 AED 1,625,000; 2021 AED 1,750,000; 2022 AED 2,300,000; 2023 AED 2,660,000; 2024 AED 2,687,500; 2025 AED 2,876,000Sold by developer, March 2012: AED 1,596,500 (AED 965 per sqft)Sold, July 2012: AED 1,675,000 (AED 1,013 per sqft)Sold, October 2012: AED 2,100,000 (AED 1,270 per sqft)Sold, June 2013: AED 2,450,000 (AED 1,482 per sqft)Sold, December 2020: AED 1,415,000 (AED 856 per sqft)

504 has sold 5 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 504, each contractTypical two-bed in Avant Tower
100K150K200K2013201720212025Typical rent by year: 2013 AED 152,500; 2014 AED 175,000; 2015 AED 172,500; 2016 AED 170,000; 2017 AED 160,000; 2018 AED 142,500; 2019 AED 125,000; 2020 AED 110,000; 2021 AED 100,000; 2022 AED 117,500; 2023 AED 143,000; 2024 AED 165,000; 2025 AED 180,000; 2026 AED 165,000New contract, May 2013: AED 190,000 a yearNew contract, September 2014: AED 195,000 a yearRenewal, September 2015: AED 195,000 a yearRenewal, September 2016: AED 185,000 a yearRenewal, September 2017: AED 170,000 a yearRenewal, September 2018: AED 170,000 a yearRenewal, September 2019: AED 140,000 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 Avant Tower, and where 504 sits

All 38 2-beds →

504 last sold in December 2020 at AED 856 per sqft, 13% below what two-beds in Avant Tower were fetching at the time (AED 983). 504's AED 140,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
27 Sep 20252,650,000
31 Jul 20252,960,000
1 May 20253,050,000
23 Apr 20252,792,000
0 2-bed sales 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
5013-bedAED 2.6M · Oct 2018
5023-bedAED 3.6M · Jan 2012
5032-bedAED 1.33M · Feb 2013

504, Avant Tower in numbers

  • Sold 5 times: first on 20 March 2012 for AED 1,596,500, last on 28 December 2020 for AED 1,415,000 (AED 856 per sqft).
  • Rented since May 2013 on 7 Ejari contracts, from AED 190,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2020 price is 9.9%, before a service charge of about AED 30,400 a year (AED 18.42 per sqft).

Source: Dubai Land Department. Updated 28 December 2020.

Questions about 504, Avant Tower

What did unit 504 last sell for?

AED 1,415,000 on 28 December 2020: AED 856 per sqft for 1,653 sqft. The unit has 5 registered sales; the first was AED 1,596,500 in March 2012.

What is the rent for unit 504?

AED 140,000 a year on the contract renewed on 10 September 2019. The previous contract, from September 2018, was AED 170,000; the unit has been rented since May 2013.

How big is unit 504?

1,653 sqft (153.6 sqm): a two-bedroom apartment on the 5th floor of a 24-storey tower.

What is unit 504 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 504, Avant Tower

Starts from the last sale price (AED 1.42M, 28 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,415,000
Deposit, UAE resident (20%)
AED 283,000
Deposit, non-resident (40%)
AED 566,000
Monthly over 25 years at 3.7%
AED 5,789

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