Avanti Tower, Business Bay

Avanti Tower is a mixed-use building in Business Bay, Dubai, developed by DAMAC. It holds about 161 units: studios, 1-bedroom apartments, 2-bedroom apartments, 3-bedroom apartments, commercial units.

The building was completed in 2018 and has been in use for about 8 years. 11 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 1,389 per sq ft.

Avanti Tower is one of 257 buildings in Business Bay: 149 are complete and 61 are still being built.

• A mixed-use ready building
• Located in Business Bay, Dubai
• Developed by DAMAC
• Completed in Q4 2018
• Unit types: Studio, 1 Bed, 2 Beds, 3 Beds, Commercial
• Sizes from 380 to 1,820 sq ft
• Features: Seafront
• Service charge from AED 13.73 per sq ft
• Business Bay metro station 2 km away

Status

Ready

Developer

DAMAC

Location

Business Bay, Dubai

Completed

Q4 2018

Unit types

Studio, 1 Bed, 2 Beds, 3 Beds, Commercial

Prices from

AED 565.0K

Median price per sq ft

AED 1,389

Median gross yield

7.3%

Service charge

AED 23.13 per sq ft (2026)

Nearest metro

District 1 near High Speed Rail line, 1 km

Avanti Tower lists one facility for its residents.

• Seafront

Price ranges from the most recent registered sales, by unit type:

• 1-bedroom apartments: AED 970.0K to AED 1.5M (682 to 957 sq ft), across 11 sales
• Studios: AED 531.7K to AED 765.0K (384 to 540 sq ft), across 6 sales
• 2-bedroom apartments: AED 1.5M to AED 2.0M (1,241 to 1,294 sq ft), across 3 sales

Studio homes in Avanti Tower were let for AED 40.0K to AED 65.0K a year across 14 recent contracts, with a median of AED 52.5K.

Yearly rents from recent registered contracts, by unit type:

• Studios: AED 40.0K to AED 65.0K a year (384 to 560 sq ft), across 14 contracts
• 2-bedroom apartments: AED 110.0K a year (1,241 sq ft)

Every sale in Avanti TowerEvery rent contract in Avanti Tower

The 2026 service charge in Avanti Tower is AED 23.13 per sq ft for mixed, AED 13.73 per sq ft for shops. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department.

Source: Dubai Land Department service charge index. Rates are reviewed each year.

The nearest Dubai Metro station from Avanti Tower is Business Bay (red line, 2 km, about 6 min drive), then Burj Khalifa/Dubai Mall (red line, 2.7 km, about 7 min drive). Stations planned on new lines nearby include District 1 near High Speed Rail line (golden line, 1 km, about 12 min walk) and Burj Khalifa Road (golden line, 1.3 km, about 5 min drive). Most residents will drive or take a taxi to the metro.

• District 1 near High Speed Rail lineGolden line · 1 km · about 12 min walk
• Burj Khalifa RoadGolden line · 1.3 km · about 5 min drive
• Business Bay InterchangeGolden line · 2 km · about 6 min drive
• Business BayRed line · 2 km · about 6 min drive
• District 1Golden line · 2.6 km · about 7 min drive
• Burj Khalifa/Dubai MallRed line · 2.7 km · about 7 min drive

The closest is Spinneys / south bridge downtowne Dubai, 1.2 km from Avanti Tower (about 14 min walk).

• Spinneys / south bridge downtowne DubaiSupermarket · 1.2 km · about 14 min walk
• Spinneys/ Ontario TowerSupermarket · 1.4 km · about 5 min drive
• Spinneys / The Executive TowersSupermarket · 1.5 km · about 5 min drive
• Al Maya / 8 Boulevard Walk, Downtown DubaiSupermarket · 1.6 km · about 5 min drive
• Bay AvenueShopping Mall · 1.7 km · about 5 min drive

The closest is Maward Restaurant, 0.4 km from Avanti Tower (about 5 min walk).

• Maward RestaurantRestaurant · 0.4 km · about 5 min walk
• Oberoi HotelHotel · 1.3 km · about 5 min drive
• Vida Hotels and ResortsHotel · 1.4 km · about 5 min drive
• Al Manzil HotelHotel · 1.6 km · about 5 min drive
• JW Marriott Marquis Business BayHotel · 1.8 km · about 6 min drive

The closest is Medcare Hospital, 3.1 km from Avanti Tower (about 8 min drive).

• Medcare HospitalHospital · 3.1 km · about 8 min drive
• Al Amal HospitalHospital · 3.3 km · about 9 min drive
• Emirates HospitalHospital · 4.2 km · about 10 min drive
• Internationl Medical CenterHospital · 4.5 km · about 11 min drive
• Dr. Moopen'S Al Quoz Medical CentreHospital · 4.6 km · about 11 min drive

The closest is Al Quoz Pond Park, 1.5 km from Avanti Tower (about 5 min drive).

• Al Quoz Pond ParkPark · 1.5 km · about 5 min drive
• Dubai Bowling CentreSports Academy · 1.7 km · about 5 min drive
• Safa ParkPark · 2.8 km · about 8 min drive
• Falcon Heritage and Sports CentreSports Academy · 3.3 km · about 9 min drive
• Falcon Centre and Cultural SportsSports Academy · 3.3 km · about 9 min drive

The nearest is Dubai International Private School - Br, 1.3 km away. Ratings are the KHDA's latest inspection grades.

• Dubai International Private School - BrAmerican · KHDA: Good · 1.3 km
• GEMS Our Own Indian SchoolIndian · KHDA: Very good · 1.4 km
• Global Indian International School L.L.CIndian · KHDA: Good · 1.5 km
• Iranian Towheed Boys SchoolIranian - International Baccalaureate · KHDA: Good · 1.6 km
• Clarion School L.L.CAmerican · KHDA: Good · 2 km
• Lycee Francais Jean Mermoz L.L.CFrench · KHDA: Not inspected due to COVID 19 · 2.1 km

Business Bay has 257 buildings. A few others to compare Avanti Tower with:

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