Avanti Tower — project image
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Avanti Tower

From AED 769,000·Completed Oct 2018·Accepted payment methods: credit_debit_card, bank_transfe... Payment
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AED 769,000
Starting Price
Oct 2018
Handover
Accepted payment methods: credit_debit_card, bank_transfe...
Payment Plan
Studio · Apartments
Type

Project Overview

Avanti Tower is a residential project by DAMAC Properties, located in Business Bay. The building includes a ground floor, three podium levels, and twelve residential floors. The architecture is designed in a contemporary style with an emphasis on clean geometry and contrasting façade elements. The volumes form a stepped composition with protruding blocks and terraces, while panoramic glazing ensures a high level of natural light. The project features furnished apartments of various formats, including studios, one-, two-, and three-bedroom apartments, as well as hotel rooms. The interiors are designed in a contemporary style using a light color palette and natural materials. The spaces are defined by clean lines and functionality, while panoramic glazing provides abundant natural light. Residents benefit from a range of amenities for everyday comfort, including a fitness center, swimming pool, sauna, leisure areas, and 24/7 concierge service. The location in Business Bay provides convenient access to key destinations across the city. Dubai Mall, Dubai Opera, and Burj Khalifa are approximately 10 minutes away, while the drive to the international airport takes around 15 minutes.

Project Specifications
DeveloperDamac Properties
LocationBusiness Bay
Unit TypesStudio, Apartments
AreaBusiness Bay
Ownershipfreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 33,182 / year
Cash-on-Cash
2.2%
Levered cashflow AED 7,805
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 353,740 / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

Avanti Tower — View 2
Avanti Tower — View 3
Avanti Tower — View 4
Avanti Tower — View 5
Avanti Tower — View 6

Astraterra Properties

Official Documents

Download official marketing materials from Damac Properties.

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Payment Structure

Accepted payment methods: credit_debit_card, bank_transfe...

Published payment summary

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Amenities & Lifestyle

BBQ
Broadband Internet
Dining outlets (coffee houses & restaurants)
Jogging tracks
Kids Play Area
Leisure areas
Lift
Lobby
Parking
Pool Deck
Recreational areas
Resting Areas
Retail outlets
Sauna
Security and CCTV
Shared Pool
Shared gym & fitness
Sitting Area
Social zone
Sports ground
Steam

Location

Business Bay

Nearby Destinations

Business Bay

Developer and Project Facts

01

Avanti Tower by Damac Properties

02

Located in Business Bay

03

Starting from AED 769,000

04

Unit mix includes Studio, Apartments

05

Expected handover: Oct 2018

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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RERA Registered
Qualified Buyer Flow
Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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