Avanti Tower, Business Bay

Avanti Tower, Business Bay

HIGHLIGHTS

About Avanti Tower

Avanti Tower is a mixed-use hotel apartment building located in Business Bay. It was developed by DAMAC Properties and was designed by Engineering Consultants Group. It is 197 feet high and has 15 floors. This hotel apartments building offers 132 units of studio apartments, 1, 2 and 3-bedroom apartments. 

Avanti Tower, Dubai
Avanti Tower is a mixed-use building in Business Bay

Business Bay is one of the trendiest mixed-use developments in Dubai. It neighbours one of the most iconic developments, Downtown Dubai. According to Bayut’s Dubai Property Market Report of 2019, this area is the 9th most popular one to buy apartments in Dubai. This area hosts multiple residential and commercial projects and offers multiple famous eateries.

IN A NUTSHELL

  • Located in Business Bay
  • Project by DAMAC Properties
  • A hotel apartment building
  • A 15-storey tower
  • 197 feet high
  • Features 132 units
  • Offers studio apartments, 1, 2 and 3-bedroom apartments
  • Designed by Engineering Consultants Group

BUILDING DETAILS

Facilities in Avanti Tower

Parking

For parking in Avanti Tower, ample parking space is available. Every unit of this building comes with a dedicated parking space. 

Elevators

Avanti Tower features high-speed elevators.

Security, Central Air Conditioning and Maintenance Services

Avanti Tower offers round the clock security through CCTV surveillance system and dedicated security staff. This building receives regular maintenance services. DEWA provides all the utilities in this building. 

Event Space

This tower has a café where you can enjoy your time with your friends and family. It also has gardens in the surroundings.

Gym and Fitness Facilities 

There is a gym in Avanti Tower which has the latest exercise equipment. This tower also offers a swimming pool. Other fitness facilities include a steam room and sauna facility

Lifestyle Amenities 

Avanti Tower offers a wide variety of facilities including ample parking spaces and multiple high-speed elevators. This hotel apartment building has the highest service standards. 

This tower also offers a children’s play area and a grand lobby with a café. 

Concierge and Guest Services

Avanti Tower offers a 24-hour concierge and guest services.

Pet-Friendly

This building is located in a pet-friendly area.

Safety Features

Avanti Tower utilizes state-of-the-art safety features. These measures include smoke detectors, a firefighting system and backup generators.

Avanti Tower Floor Plans 

  • 1-bedroom apartment in Avanti Tower has three different floor plans
  • 2-bedroom apartment in Avanti Tower has six different floor plans

Bayut has worked on creating a simple format for 2D and 3D floor plans on the website. You can easily find the unit type and bed type you’re interested in by browsing Avanti Tower floor plans.

Property Types in Avanti Tower

Avanti Tower offers studio apartments, 1, 2 and 3-bedroom apartments. It also offers retail spaces on the ground floor of its building. Details include:

Studio Apartments in Avanti Tower

Studio apartments in Avanti Tower cover the floor area ranging from 350 sq. ft. to 550 sq. ft. These apartments typically offer one bathroom, a combination of a bedroom, a living room and a dining area and a kitchen. 

1-Bedroom Apartments in Avanti Tower

1-bedroom apartments consist of a combination of a living room and a dining area, a kitchen, a powder room, a bedroom and an en-suite bathroom. These apartments also offer a dressing area and a balcony. 1-bedroom apartments usually cover the floor area of 950 sq. ft.

2-Bedroom Apartments in Avanti Tower

2-bedroom apartments in Avanti Tower come with a dining area, a living room, two en-suite bathrooms, a kitchen and a storeroom. It also has one to two balconies and a powder room. These apartments usually cover the floor area of 1,270 sq. ft. 

3-Bedroom Apartments in Avanti Tower

3-bedroom apartments in Avanti Tower offer a separate living room and a dining area. These apartments also offer a master bedroom, three en-suite bathrooms, a guest toilet, built-in wardrobes and a fully fitted kitchen. These apartments also come with a large balcony and cover the floor area of around 1,850 sq. ft.

Shops in Avanti Tower

Shops in Avanti Tower offer an ideal location for retail purposes. These retail spaces cover the floor area of around 753 sq. ft. to 804 sq. ft. These spaces are shell and core which allows the owners to move in and select the finishing which matches their business theme.

Most Popular Apartment Types in Avanti Tower

  • Studio
  • 1-Bed
  • 2-Bed
  • 3-Bed
  • 0
  • 20%
  • 40%
  • 60%
  • 80%100%

Based on searches conducted by users on Bayut.com over the past 12 months

The most popular apartment type in Avanti Tower is a studio apartment. It is followed by 2 and 1-bedroom apartments ranking second and third in popularity chart. 3-bedroom apartments rank fourth.

Rental Trends in Avanti Tower

According to Bayut.com, rental apartments in Avanti Tower have prices ranging from AED 49k to AED 85k. Details of these prices include:

  • Studio apartments for rent in Avanti Tower come with prices ranging between AED 49k to AED 70k
  • 1-bedroom apartments for rent in Avanti Tower come with prices ranging between AED 70k to AED 90k
  • 2-bedroom apartments for rent in Avanti Tower have an average price of AED 85k
  • 3-bedroom apartments for rent in Avanti Tower come with prices ranging between AED 115k to AED 135k
  • Shops for rent in Avanti Tower come with prices ranging between AED 75k to AED 97k

This apartment offers a luxury living experience in Business Bay. Its facilities elevate the standard of living of the residents. You may also check out apartments for rent in Business Bay for more renting options.

Sale Trends in Avanti Tower

Apartments for sale in Avanti Tower have prices starting from AED 579k which goes up to AED 1.8M. Details include: 

  • Studio apartments for sale in Avanti Tower have an average price of AED 580k 
  • 1-bedroom apartments for sale in Avanti Tower come with prices ranging between AED 1.3M to AED 1.5M
  • 2-bedroom apartments for sale in Avanti Tower have an average price of AED 1.8M

Among all Business Bay apartments for sale, Avanti Tower apartments are quite popular. There are multiple famous eateries nearby this tower. 

Rental Yield in Avanti Tower

  • Studio
  • 1-Bed
  • 2-Bed
  • 0
  • 2%
  • 4%
  • 6%
  • 8%10%

Based on searches conducted by users on Bayut.com over the past 12 months

Studio apartments in Avanti Tower offer the highest ROI of 7.6%. 1 and 2-bedroom apartments offer an ROI of 4.9% of 4.3%.

Service Charges in Avanti Tower

General Fund
Price Per Sq. Ft. In AED
General Fund
Services
General upkeep of the building
Price Per Sq. Ft. In AED
4.90
General Fund
Maintenance
General repairs and replacements
Price Per Sq. Ft. In AED
4.34
General Fund
Hotel Services
Charges for access to hotel facilities and amenities
Price Per Sq. Ft. In AED
2.98
General Fund
Utilities Services
Charges for using DEWA/district cooling facilities and meters
Price Per Sq. Ft. In AED
6.31
General Fund
Management Services
Owner’s association charges for managing the property
Price Per Sq. Ft. In AED
6.31
General Fund
Insurance
Charge for the insurance of the building
Price Per Sq. Ft. In AED
0.40
General Fund
Master Community
Fees for communal facilities in the neighbour
Price Per Sq. Ft. In AED
0.87
General Fund
Reserved Fund
Funds used for major repairs and to help maintain the yearly service charges fees
Price Per Sq. Ft. In AED
1.22
General Fund
Total
Price Per Sq. Ft. In AED
27.33
Additional Charges
Price Per Sq. Ft. In AED
Additional Charges
Additional Services
Price Per Sq. Ft. In AED
5.10

These figures are based on the services charges for Avanti Tower as per the Dubai Land Department. There are many different types of Dubai service charges index. You can find out more about the service charges in this guide if you are interested in buying a property in Dubai.

*These charges are subject to change.

NEARBY AMENITIES

Transportation near Avanti Tower

Transportation near Azizi Iris includes:

Bus Stops near Avanti Tower

  • Avanti Tower Bus Stop (1 minute away)
  • Capital Golden Tower Bus Stop (1 minute away)
  • XL Tower 1 Bus Stop (5 minutes away)

Metro Stations near Avanti Tower

  • Noor Bank Metro Station (7 minutes away)
  • Dubai Mall Metro Station (6 minutes away)
  • Business Bay Metro Station (5 minutes away)
Business Bay Metro Station near Avanti Tower
Business Bay Metro Station is located 5 minutes away from Avanti Tower

Avanti Tower bus stop is the most convenient option available to residents. Capital Golden Tower Bus Stop is also a convenient option as it is located only a minute away. Residents can also hire a cab in this area.

Restaurants near Avanti Tower

Avanti Tower is located near some of the best restaurants in Business Bay Dubai. These include:

  • Long Teng Seafood Restaurant (5 minutes away)
  • Han Cuisine (4 minutes away)
  • MATTO (6 minutes away)

Long Teng Seafood Restaurant is a casual dining restaurant offering Asian cuisine to its customers. This restaurant offers a private dining area and valet parking. It also features live music and outdoor seating options. Its Kung Pao Chicken and Roasted Duck are quite popular.

Moreover, you may check out some of the popular cafes near this building. Details include: 

  • Espressini Café (3 minutes away)
  • Slash Café (5 minutes away)
  • D Café (8 minutes away)

Espressini Café is a popular option in the area. The average cost of this restaurant is around AED 75 for two people. You can enjoy its outdoor seating option and enjoy the pleasant views of the surroundings. Other options include Slash Café and D Café located 5 and 8 minutes away from this building.

Some nightlife options near this building include:

  • The Lounge
  • The Other Office Karaoke
  • Poppy

One of the most popular nightlife options near this building is The Lounge located 8 minutes away from this building. The Other Office Karaoke and Poppy are located 8 and 9 minutes away from Avanti Tower.

Supermarkets near Avanti Tower

Some of the supermarkets near Avanti Tower include:

  • Churchill Mart 
  • West Zone Fresh Supermarket
  • ZOOM

There are multiple options located near Avanti Tower. One of them is Churchill Mart, located only 5 minutes away from this building. Another popular option includes West Zone Fresh Supermarket. It is Dubai’s one of the leading local supermarket chains. From fresh food to stationery items, you can find a huge variety of products at this shopping destination. It is located 3 minutes away from this tower. 

ZOOM is a convenience store located only 8 minutes away from this building.

NEARBY BUILDINGS

Some of the buildings near Avanti Tower are: 

  • Sobha Sapphire – Commercial Building
  • Safeer Tower 2 – Residential Building
  • Vezul Residence – Residential Building

Sobha Sapphire is a commercial building located 1 minute away from Avanti Tower. It was developed by Sobha Real Estate LLC and offers multiple retail options on its ground floor. This building has 3 podium levels and 16 floors offering commercial units. Other buildings near Avanti Tower include Safeer Tower 2 and Vezul Residence, located 3 and 4 minutes away, respectively.

Major Landmarks

Some major landmarks near Avanti Tower include: 

  • Burj Khalifa (12 minutes away)
  • Armani Hotel (12 minutes away)
  • Dubai Ice Rink (9 minutes away)
Burj Khalifa near Avanti Tower
Burj Khalifa is located 12 minutes away from Avanti Tower

Located in Burj Khalifa, Armani Hotel features 160 units. It was developed by EMAAR Properties while the interior was designed by Giorgio Armani. This hotel offers 11 types of room and has its own 7 restaurants, offering delicious food with a luxury dining experience. 

THINGS TO CONSIDER

Avanti Tower offers luxury living experience in the area of Business Bay. Living next to the iconic development of Downtown Dubai, it provides multiple landmarks, located just a few minutes away. Residents can enjoy its spacious hotel apartments and urban lifestyle amenities. As some of the parts of Business Bay are still under construction, this area tends to get noisy during the day time. However, this building has been designed in order to block the noise pollution and offer a peaceful atmosphere.

Are you looking to rent apartments in Avanti Tower?

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