Avanti Tower

Avanti Tower: DAMAC's Fully Furnished Serviced Luxury in Business Bay

Avanti Tower is a completed 15-storey hotel apartment development by DAMAC Properties, strategically positioned within the dynamic commercial and residential district of Business Bay — Dubai's premier business address and the natural extension of the Downtown Dubai ecosystem. Launched in Q2 2014 and delivered in Q4 2018, Avanti Tower offers 161 fully furnished, serviced one-bedroom and two-bedroom apartments across a floor plan portfolio of 13 distinct configurations, delivering hotel-standard hospitality services with the domestic functionality and space proportions of private residential ownership. At AED 700,000 to 4,000,000, with fully fitted kitchens, shared spa, steam and sauna, in-building dining, and concierge services, Avanti Tower represents DAMAC's argument for fully managed, serviced apartment investment in Business Bay's highly liquid central Dubai rental market.

TL;DR Snapshot

| Attribute | Detail | |---|---| | Developer | DAMAC Properties | | Location | Business Bay, Dubai | | Status | Ready — Completed Q4 2018 | | Total Units | 161 | | Building Height | 15 Stories (G+2 Basement + 15 Residential) | | Unit Types | 1 Bedroom / 2 Bedroom | | 1BR Range | 870–1,062 sqft (5 floor plans) | | 2BR Range | 1,211–1,466 sqft (8 floor plans) | | Starting Price | AED 700,000 | | Price Range | AED 700,000 – 4,000,000 | | Specification | Fully Furnished — Hotel Standard | | Key Amenities | Shared Spa / Steam & Sauna / Pool / Gym / Concierge / Dining in Building | | Title | Freehold |

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Business Bay: The District That Absorbed Downtown's Overflow

Business Bay is the product of the same visionary infrastructure investment that created Downtown Dubai — a planned commercial and residential district extending southward along the Dubai Water Canal from the base of the Burj Khalifa, purpose-built to house the financial services, professional consultancies, and technology companies that make Dubai one of the MENA region's primary business hubs.

Over the 15+ years since its first towers were completed, Business Bay has evolved from an emerging commercial district into one of Dubai's most densely occupied, most transit-connected, and most consistently high-yielding residential submarkets. The Business Bay Metro Station (Red Line) provides direct, traffic-independent connectivity to the Red Line's entire network — from Al Rashidiya in the north to Jebel Ali in the south — making Business Bay one of the most transit-accessible residential addresses in the emirate.

The Dubai Water Canal is Business Bay's defining public infrastructure asset: a 3.2km waterway connecting the Arabian Gulf with the creek, lined on both sides with a landscaped waterfront promenade that provides Business Bay residents with pedestrian and cycling access to Safa Park, the Canal Waterfront, and the pedestrian bridge connecting to Jumeirah's beach corridor.

For Avanti Tower investors, Business Bay's established status is commercially significant: unlike investments in emerging communities where rental yield depends on future infrastructure delivery, Business Bay's rental market is fully liquid, extensively documented, and actively managed by Dubai's largest property management networks. The empirical rental yield data for fully furnished serviced apartments in Business Bay is available, verifiable, and consistently strong — driven by the district's combination of Metro access, canal waterfront, Downtown proximity, and the corporate tenant pool generated by the surrounding office towers.

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DAMAC's Fully Furnished Serviced Standard: What Buyers Receive

DAMAC Properties' "Luxury and High-end Finishing" serviced apartment specification represents the developer's institutional hospitality standard applied to residential ownership. For Avanti Tower buyers, this means:

Furniture Package Every apartment is delivered with a complete, curated furniture package — living room sofa group, dining table and chairs, bedroom furniture (bed frames, mattresses, side tables, dressers), and storage solutions — selected and installed to DAMAC's branded hospitality standard. The furniture is contemporary in style, durable in construction, and cohesive in visual language with the apartment's interior finish palette.

Fully Equipped Kitchen Kitchens are delivered with integrated premium appliances — refrigerator, oven, microwave, dishwasher, and cooking hob — alongside quality cabinetry and countertop surfaces. The "fully equipped" specification means that buyers and tenants arrive to a kitchen that is immediately usable for daily domestic cooking without any additional procurement.

Bathroom Specification DAMAC's hospitality-standard bathroom specification delivers quality sanitary ware, frameless shower enclosures, imported tile and stone finishes, and chrome fixtures — a bathroom that reads as hotel-quality rather than standard residential.

Central A/C Individual ducted cooling systems with thermostat control, maintained by the building's central plant infrastructure.

For Investors: The Zero-Fitout Advantage From the moment of title transfer, an Avanti Tower unit can be listed on short-term rental platforms (Airbnb, Booking.com), placed with corporate lettings agents, or long-term leased without any additional investment in furniture, appliances, or basic fit-out. This immediate income activation is the most commercially significant attribute of the fully furnished serviced format — the deployment timeline between capital commitment and income generation is as short as the time required to find a tenant.

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Unit Configuration: A Comprehensive Floor Plan Range

Avanti Tower's 13 documented floor plans across one-bedroom and two-bedroom categories provide buyers with an unusual degree of choice within a 161-unit building:

One-Bedroom Apartments (870–1,062 sqft | 5 Floor Plans)

Five one-bedroom configurations spanning a wide size range:

870 sqft (Plan 1): The most compact one-bedroom, efficiently configured for single professional occupancy. At 870 sqft, this is already generous by Dubai's one-bedroom apartment market standards — where competing buildings offer 500–650 sqft one-bedrooms. The additional space translates to a living zone that accommodates a proper sofa group rather than a loveseat and coffee table.

893 sqft (Plan 2): A 23 sqft increase over Plan 1, likely attributable to a slightly larger bathroom or balcony depth variation.

904 sqft (Plan 3): Mid-range one-bedroom with proportions that allow for a dedicated dining zone alongside the living area.

957 sqft (Plan 4): Approaching studio-to-junior-suite proportions in the one-bedroom category — a unit that could accommodate a small office corner within the living zone, relevant for the corporate relocation tenant.

1,062 sqft (Plan 5): The largest one-bedroom at Avanti Tower — approaching the lower end of the two-bedroom size range. This is a genuinely spacious single-bedroom apartment that competes with two-bedroom product in competing buildings on room volume while maintaining the simpler occupancy cost structure of a one-bedroom.

Two-Bedroom Apartments (1,211–1,466 sqft | 8 Floor Plans)

Eight two-bedroom configurations provide the most diverse size range at any comparable Business Bay product:

The 1,211–1,297 sqft plans deliver standard two-bedroom proportions — master bedroom with en-suite, second bedroom, separate kitchen, and living-dining zone — at the lower end of the Business Bay two-bedroom price range.

The 1,297–1,344 sqft range provides additional room volume — larger living areas, deeper bedrooms, or more generous bathroom proportions — representing the middle range of the portfolio.

The 1,342–1,466 sqft plans deliver the most spacious two-bedroom configurations, with the 1,466 sqft plan approaching compact three-bedroom proportions. At this size, the apartment can accommodate a proper home office, a children's bedroom of adequate size alongside a master suite, and a living-dining-kitchen configuration that functions for both daily family life and modest entertaining.

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Amenity Programme: Spa-Grade Hospitality in a Business Bay Tower

Avanti Tower's amenity provision reflects DAMAC's hospitality-driven approach:

• Shared Pool: Temperature-controlled outdoor pool with sun deck — the primary leisure focal point
• Shared Spa: A dedicated spa offering the treatment room and wellness service infrastructure that DAMAC's branded hospitality properties maintain to hotel standards
• Steam and Sauna: Dedicated wellness recovery facilities complementing the spa
• Gymnasium: Fully equipped fitness centre with cardiovascular and resistance training
• Concierge Service: 24-hour concierge desk managing resident and guest services, visitor coordination, and building logistics
• Dining in Building: On-site F&B providing residents with in-building dining options — removing the need for car trips for casual meals or business entertaining
• Landmark View: Architectural positioning to capture views of key Business Bay and Downtown landmarks
• Supermarket Nearby: Community-level grocery convenience within walking distance
• Lobby in Building: Grand, professionally managed entrance lobby
• Covered Basement Parking: Secure, shaded basement parking for all units
• Available Networked: High-speed internet infrastructure throughout the building
• 24/7 Security + CCTV: Continuous monitoring across all access and common areas

The spa, steam, and sauna combination positions Avanti Tower above most Business Bay residential towers on wellness amenity provision — typically a feature reserved for hotel-managed buildings rather than standard residential.

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Location and Connectivity: Business Bay's Central Position

| Destination | Drive Time / Metro | |---|---| | Downtown Dubai / Burj Khalifa | 5–8 minutes / 3 Metro stops | | Dubai Mall | 7 minutes | | DIFC | 7–10 minutes | | Sheikh Zayed Road (E11) | 3 minutes | | Dubai International Airport | 15–18 minutes | | Business Bay Metro Station | Walking distance | | Al Khail Road (E44) | 5 minutes | | Dubai Marina | 20 minutes | | Jumeirah Beach | 15 minutes |

The Business Bay Metro Station connectivity is particularly significant for Avanti Tower: residents who do not drive can commute to virtually any major Dubai employment centre via the Red Line without a car — Dubai Marina (15 minutes by Metro), Union Station (connecting to Green Line and Deira), and Dubai International Airport are all accessible by train.

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Investment Case: Business Bay Serviced Premium

1. Fully Furnished — Zero Additional Capital Deployment No furniture spend, no appliance procurement, no interior design — the unit is ready to generate income from the moment of title transfer. For investors calculating total deployment cost (purchase price + fit-out), the fully furnished delivery eliminates the fit-out component entirely.

2. Spa + Steam + Sauna — Premium Tenant Attraction The spa and wellness infrastructure positions Avanti Tower above standard Business Bay apartment competition in tenant preference rankings. Corporate tenants, healthcare professionals, and the wellness-conscious executive demographic actively select buildings with genuine spa infrastructure and pay the rental premium this preference warrants.

3. Business Bay's Structural Rental Market Business Bay's rental market for fully furnished serviced apartments is one of the most established and actively managed in Dubai. Corporate relocation agents, airline crew accommodation programmes, and short-term business travel rental operators all maintain active Business Bay inventory management, providing multiple demand channels for Avanti Tower investors deploying on either short-term or long-term rental strategies.

4. Metro-Adjacent in a High-Employment District Walking-distance proximity to Business Bay Metro Station creates a structural tenant preference premium over non-metro-adjacent competing buildings in the district. For tenants who commute by Metro, the walking distance matters more than building specification in many cases — Avanti Tower's metro proximity is a durable location advantage.

5. In-Building Dining — Self-Contained Lifestyle for Corporate Tenants Corporate tenants on short-term assignment or extended-stay relocations value in-building dining access highly — it eliminates the daily logistics of finding acceptable restaurants in an unfamiliar district. Avanti Tower's dining facility is a specific amenity that corporate relocation accommodation programmes actively seek.

6. 15-Year Mature Operating History Completed in 2018, Avanti Tower has operated for seven years with documented rental performance, established management protocols, and verified specification durability. The uncertainty attached to new buildings or recently converted uses is entirely absent.

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Summary

Avanti Tower by DAMAC Properties delivers the fully furnished serviced apartment formula — spa, steam, sauna, concierge, in-building dining, and hotel-grade specification — at 161 units in Business Bay's most transit-connected district, available from AED 700,000 for a one-bedroom unit with immediate income activation. Seven years of operational history confirms the delivery standard. The metro connectivity confirms the demand access. The spa-grade amenity confirms the tenant retention premium. For investors seeking a zero-fitout, immediate-yield, central-Dubai serviced apartment asset with DAMAC's institutional management, Avanti Tower is the Business Bay proposition.