Avanti Tower, Business Bay
Avanti Tower is a hotel-apartment tower in Business Bay, developed by DAMAC Properties in the Capital Bay pocket of the district, just off Al Asayel Street. Royale Stays manages Business Bay-area short-term rentals from a fee starting from 15%.
Developer
DAMAC Properties
Building Type
Hotel apartments
Floors
16 storeys
Completed
October 2018
About Avanti Tower
Avanti Tower is a hotel-apartment tower in Business Bay, developed by DAMAC Properties within the Capital Bay pocket of the district, just off Al Asayel Street.
Multiple independent sources (Bayut, Metropolitan Premium Properties, JRE Dubai and dxboffplan) consistently describe Avanti Tower as a 16-storey building, ground floor, three podium levels and 12 residential floors, designed by Engineering Consultants Group. Construction began in August 2014 and the tower was handed over in October 2018. It offers 132 furnished hotel-apartment units across studio, one, two and three-bedroom layouts.
Some sources round Avanti Tower's height to 15 floors rather than 16; the difference reflects whether the ground floor and podium levels are included in the total count, not a factual disagreement between sources. Avanti Tower should also not be confused with Avant Tower, a separate, unrelated Business Bay building with a similarly spelled but different name.
Location & Nearby Landmarks
Avanti Tower sits in the Capital Bay pocket of Business Bay, just off Al Asayel Street, within a one-minute walk of the Avanti Tower bus stop (routes F19A and F19B) and roughly an eight-minute drive from Business Bay Metro Station. Sheikh Zayed Road and Al Khail Road are both close by, with Burj Khalifa and The Dubai Mall a short drive away.
Avanti Tower joins Royale Stays' wider Business Bay Building Guide cluster alongside Peninsula Three, a Select Group tower on the same Al Asayel Street corridor, plus two of DAMAC's own other Business Bay guides, Damac Towers by Paramount and Damac Reva Residences.
Avanti Tower falls within Royale Stays' wider Business Bay coverage area, detailed in Airbnb Property Management in Business Bay.
Unit Types
Avanti Tower offers 132 units across studio, one, two and three-bedroom hotel-apartment layouts, confirmed consistently across Bayut, Metropolitan Premium Properties and dxboffplan. Units come furnished, with separate living and dining areas in the larger layouts, and an optional rental-pool membership scheme is available alongside standard private ownership.
Amenities
Avanti Tower offers a furnished gymnasium, a large swimming pool, steam and sauna facilities and on-site dining, plus round-the-clock CCTV security and dedicated parking, confirmed consistently across Bayut and Metropolitan Premium Properties.
Transportation & Access
Avanti Tower sits a one-minute walk from its own named bus stop on Al Asayel Street, with Business Bay Metro Station roughly an eight-minute drive away. Sheikh Zayed Road and Al Khail Road are both close by, putting Downtown Dubai and Dubai International Airport within a short drive, depending on traffic.
Rental & Price Trends
Propsearch's Dubai Land Department-sourced transaction data gives a real, recorded read on Avanti Tower resale pricing rather than an estimate.
Propsearch records an average recorded price of roughly AED 1,292 per square foot for Avanti Tower. Separately, Bayut's own listings data puts Avanti Tower apartments for rent between roughly AED 44,999 and AED 134,999 per year, with an average rental value around AED 78,458 per annum, and two-bedroom units for sale averaging around AED 1.92 million. Live listing prices move regularly and should be checked directly for a specific unit rather than relied on as a fixed figure.
STR Income Potential
Avanti Tower is a DAMAC hotel-apartment building, not Vida-branded and with no confirmed short-term-letting prohibition, so it qualifies for a standard DTCM holiday home permit, arranged through the building's own management company rather than as a standalone owner application, the same routing Royale Stays already uses for other hotel-apartment and serviced-apartment buildings in its portfolio.
Short-term listings already exist under the Avanti Tower name specifically, including an Airbnb listing for a furnished one-bedroom apartment and a Booking.com listing operated by Frank Porter, confirming live third-party short-term demand for the building rather than an assumption. Short-term monthly rental prices at Avanti Tower are advertised from around AED 10,000 for a one-bedroom apartment, according to dxboffplan's own listing data.
Royale Stays does not currently have booking data specific to this building, so this guide does not present a building income figure it cannot support. Royale Stays' ROI calculator can model a specific unit size against comparable completed Business Bay towers.
Royale Stays offers full Airbnb and holiday home management, covering furnishing, photography, pricing, check-in, guest communications and maintenance, for a fee starting from 15%, and owners can request a free rental assessment for a unit at Avanti Tower.
No Royale Stays-managed unit or Airbnb listing currently exists at Avanti Tower. The Airbnb and Booking.com listings referenced above are third-party activity, not part of Royale Stays' own data.
Questions