Avanti Tower

Key facts

Handover (past)

Q4 2018

Status

Ready

Construction progress

100%

Availability

Sold out

How Avanti Tower compares

Business Bay holds 75 off-plan projects, with a median entry price of AED 2.7M. The plan opens at 100% down, against a Dubai median of 20%, so it asks 80% more up front than the typical plan. Handover lands in Q4 2018, alongside 4 other projects completing in the same quarter. DAMAC has 42 projects in our catalogue, 10 of them in Business Bay.

Measured across our own catalogue of Dubai off-plan projects, refreshed with the source listings. Entry price is the lowest advertised unit price in a project, not an average transaction value.

Payment plan

Amenities

• Temperature-Controlled Swimming Pool
• Grand Lobby With Cafe
• Ample Parking
• State-Of-The-Art Gymnasium
• Steam Room And Sauna
• Children’S Play Area

Location

Avanti Tower sits in Business Bay.

Master plan

The developer’s own site plan for Avanti Tower, showing how the buildings, roads and open space sit together.

What you pay, and when

The launch schedule split the price 100% on booking. Buying now means a resale from a private owner, on whatever terms the two sides agree.

The Dubai Land Department registration fee is 4% of the purchase price, payable on top. A registered project holds buyer payments in an escrow account supervised by RERA rather than passing them to the developer directly, under Dubai's Law 8 of 2007, and they are released against certified construction progress.

Handover and construction

Avanti Tower handed over in Q4 2018. Construction was last recorded at 100% complete.

What it costs to hold

Service charges in Business Bay run roughly 14 to 22 AED per square foot per year, on the Dubai Land Department service charge index. Towers inside one community can differ by a factor of two, so treat that as a range to check against the specific building rather than a quotation.

Who it suits

The developer has sold out, so anything available here is a resale from a private owner.

What is on site

Among the shared facilities recorded for Avanti Tower are temperature-controlled swimming pool, grand lobby with cafe, ample parking, state-of-the-art gymnasium, steam room and sauna and children’s play area.

Frequently asked