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3-bed · 2,168 sqftAvant Tower, Dubai Marina · 7th floor

701, Avant Tower

Sold prices and rental history: sold once, by the developer in May 2013, and rented once, from April 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 5 April 2014
Last soldAED 1.81M21 May 2013
Current rentAED 115K /yr5 April 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 701, Avant Tower

What is 701 worth today?

Last sold for AED 1,806,000 in 2013

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5 Apr 2014RentedNew contract
AED 114,865/yr12 months · AED 53 per sqft
21 May 2013Sold by developerReady
AED 1,806,000AED 833 per sqft

Source: Dubai Land Department. Updated 5 April 2014.

Key facts

Type
3-bed apartment
Size
2,168 sqft
Floor
7th of 24
Parking
205, 206
Developer
Trident International Holding
Service charge
AED 39,900 /yr
Last sold
AED 1.81M · May 2013
Building
Avant Tower

About 701, Avant Tower

701 is a three-bedroom apartment of 2,168 sqft on the 7th floor of Avant Tower, a 24-storey tower in Dubai Marina by Trident International Holding. The developer sold it on 21 May 2013 for AED 1,806,000, or AED 833 per sqft, 6% below the AED 888 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 5 April 2014. The current contract, signed on 5 April 2014, is AED 114,865 a year: a gross yield of 6.4% on the 2013 price, before the service charge of about AED 39,900 a year.

Sales and rents for 701 over time

Sales
Unit 701, 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, May 2013: AED 1,806,000 (AED 833 per sqft)

701 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 701, each contractTypical three-bed in Avant Tower
100K200K2012201620202024Typical 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, April 2014: AED 114,865 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 701 sits

All 38 3-beds →

701 last sold in May 2013 at AED 833 per sqft, 6% below what three-beds in Avant Tower were fetching at the time (AED 888). 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. 701's AED 114,865 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 7th floor

All 78 units in Avant Tower
Value
7023-bedAED 3.9M · Apr 2024
7032-bedAED 2.25M · Jun 2021
7042-bedAED 1.8M · May 2012

701, Avant Tower in numbers

  • Sold once: by Trident International Holding on 21 May 2013 for AED 1,806,000, or AED 833 per sqft.
  • Rented since April 2014 on one Ejari contract, at AED 114,865 a year.
  • At AED 114,865 a year the gross yield on the 2013 price is 6.4%, 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 5 April 2014.

Questions about 701, Avant Tower

What did unit 701 last sell for?

AED 1,806,000 on 21 May 2013, sold by the developer: AED 833 per sqft for 2,168 sqft. It is the only registered sale of the unit.

What is the rent for unit 701?

AED 114,865 a year on the contract signed on 5 April 2014.

How big is unit 701?

2,168 sqft (201.4 sqm): a three-bedroom apartment on the 7th floor of a 24-storey tower.

What is unit 701 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 701, Avant Tower

Starts from the last sale price (AED 1.81M, 21 May 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,806,000
Deposit, UAE resident (20%)
AED 361,200
Deposit, non-resident (40%)
AED 722,400
Monthly over 25 years at 3.7%
AED 7,389

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