DAMAC Avanti Tower

- AVA001021

DAMAC Avanti Tower, Business Bay, Dubai, United Arab Emirates

Price: AED 1.21MBeds: 1/Sq. Ft.: AED 1,398/sq ft
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Avanti is located in Business Bay, close to the platinum square kilometre of Dubai, an address that gives the world a new point of reference. Access to Sheikh Zayed Road and Al Khail Road is at a moment's notice, and the city's attractions - the shopping malls, the marina and the beach - are all close by. A DAMAC Properties development in the heart of the Business Bay canal district, Avanti Tower delivers a new dimension to luxury living: furnished studio, one, two and three-bedroom apartments, each with a separate living room and dining area and a fully fitted kitchen equipped with washer, dryer, oven, refrigerator and microwave. The tower is topped by a grand lobby with cafe, a temperature-controlled swimming pool, a state-of-the-art gymnasium, steam room and sauna, a children's play area and ample parking. Interiors feature meticulous craftsmanship, premium fittings and splendid furnishings inspired by the world's leading designers and brands. Now complete and delivered, Avanti places residents at the beating heart of the city, just minutes from The Dubai Mall, Burj Khalifa, the Dubai Fountain and the Dubai Water Canal, with Dubai International Airport around 13 minutes away.

Property Details

Micro-market
Business Bay / Dubai
Configuration
Apartment
Property Type
Apartment
Built-up Area
862 sq ft
Status
Completed

Project Timeline

Key milestones for this project, updated as the developer confirms them.

Project announcement

Booking Started

Construction Started

Completion

Available Properties

Project variants for under-construction developments — unit types, sizes, starting prices and possession dates.

Inventory Type

VariantSizeStarting PricePossessionCTA
StudioAED 804KCompleted
1 BHKAED 1.21MCompleted
2 BHKAED 1.67MCompleted

Property Information

  • Community: Business Bay
  • Project Name: DAMAC Avanti Tower

  • Listing Price: AED 1.21M
  • List Date: Aug 26, 2026
  • Days on Market: 0
  • Listing ID: AVA001021
  • Status: Completed

  • Security: 24/7 security

  • Parking: Ample parking
  • Pool: Temperature-controlled swimming pool

Can you own this, and how?

Ownership rights depend on three things: the type of asset, where it sits, and who you are as a buyer. Here is the framework for this property, before you speak to a lawyer.

I am buying as:

Status
  • Permitted, freehold anywhere in Dubai
What you actually hold
  • You hold freehold title registered with the Dubai Land Department. There is no area restriction on where you may own.
Key rules and restrictions
  • GCC nationals are treated on the same footing as UAE nationals for ownership purposes.
  • A company owned wholly by GCC nationals gets the same treatment.
  • Some master communities impose their own transfer conditions through the developer.
Funds and process
  • Pay through UAE banking channels. The transfer completes at a Dubai Land Department trustee office where the title deed is issued on the day.
Taxes
  • The Dubai Land Department transfer fee is 4% of the price, split 2% each in law but paid in full by the buyer in most deals, plus a trustee office fee and a title deed issuance fee. There is no annual property tax and no capital gains tax in the UAE.
Verify before you buy
  • Get a title deed copy and check it against the Dubai REST app.
  • Ask for the developer no-objection certificate confirming service charges are clear.

Buyer orientation, not legal advice. Ownership rules change and turn on specifics. Confirm with a qualified lawyer in the UAE before you commit.

Investment Information

  • Type: Completed DAMAC Business Bay tower; furnished apartments at promotional prices

  • Capital Appreciation: 8%
  • Property Tax Jurisdiction: UAE - 0% property tax on residential

Location

DAMAC Avanti Tower, Business Bay, Dubai, United Arab Emirates

  • Airport: Dubai International Airport - 15 km
  • Tourist hub: Dubai Mall - 1.8 km
  • Tourist hub: Burj Khalifa - 1.4 km

Nearby Attractions

Fine-grained ratings and travel times for popular spots nearby.

RatingAttractionTypeBest Time to VisitDistance
Fountains at Dubai MallLeisure DestinationEvening1.3 km
8.6 / 10KidzaniaTheme Park1.6 km
Dubai AquariumLeisure Destination1.7 km
Burj KhalifaLandmarkSunset1.36 km
The Dubai MallShopping Mall1.78 km
9.6 / 10La PerleShowEvening3.5 km

Social Infrastructure

Key education, healthcare, and dining amenities near this property.

Education
InstitutionTypeDistanceNotes
Hartland International SchoolBritish Curriculum8.9 kmA 12-minute drive from Business Bay.
Dubai International School12.6 kmFollows an American curriculum (California CCSS and NGSS).
The Aquila SchoolBritish Curriculum21.7 kmA British curriculum school located in Dubailand.
Hospitals & Vet Clinics
HospitalTypeDistanceNotes
Emirates Hospital ClinicClinic1.2 kmLocated in Bay Avenue, Business Bay.
Aster ClinicClinic1.3 kmLocated in Business Bay.
Dining & Cafes
RestaurantRatingDistanceNotes
Fuchsia4.21.4 kmLocated in Bay Avenue.
Tangerine4.51.3 kmLocated in Bay Avenue.
Sidra1.3 kmLocated in Bay Avenue.
La Brioche4.3Located in Bay Avenue.
Gazebo4.21.3 kmLocated in Bay Avenue.

Investment Calculator

Calculate your EMI, returns and investment potential

₹7,842.952

per month

20 years • 8.5% interest • Fixed rate

6%12%

₹8K

Monthly EMI

Principal & Interest
₹8K
Property Taxes
₹1K
Maintenance
₹10K

Investment Returns

8%

Expected ROI

0%

Rental Yield

Bank Interest Rates

SBI8.40% – 9.65%
HDFC8.60% – 9.50%

Investment Summary

Total Investment₹12.05 L
Down Payment₹3.01 L
Loan Amount₹9.04 L

This calculator is for illustrative purposes only.

Rental Yield Calculator

Calculate potential returns on rental property investments

How much do you want to invest?

₹12.05 L
₹1,000
25%
30%

Net Rental Yield

5.3%

Monthly Income

₹5K

Rental Breakdown

Total Investment₹12.05L
Gross Annual Rental₹0.91L
Management Fee- ₹0.27L
Net Annual Rental₹0.64L
Gross Yield7.6%
Net Yield5.3%
Payback Period18.9 years

This calculator is for illustrative purposes only. Actual returns depend on market conditions, property management, and occupancy.

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