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Avanti Tower, Business Bay

Avanti Tower, Business Bay

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Business Bay, Dubai

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Strengths

Strategic Location

Modern Amenities

Eco-Friendly Design

Weakens

High Rental Prices

Traffic Congestion

Limited Parking Space

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Buildign Overview

Summary

  • Avanti Tower is a prominent residential building located in the dynamic Business Bay area of Dubai, known for its modern architecture and strategic positioning.
  • This skyscraper is surrounded by an array of amenities, including upscale dining options, shopping centers, and entertainment venues, ensuring residents enjoy a vibrant lifestyle.
  • Public transportation options, including the Dubai Metro and water taxis, are readily accessible, enhancing connectivity to various parts of the city.
  • Noteworthy nearby landmarks include the iconic Burj Khalifa and the Dubai Mall, both easily reachable from the tower.

Properties Overview

  • Avanti Tower offers a diverse range of residential properties, from luxurious studios to spacious multi-bedroom apartments.
  • Current rental prices typically range from AED 70,000 to AED 150,000 annually, while purchase prices for units can vary from AED 1.1 million to AED 2.8 million, depending on the size and specifications.
  • The most sought-after units feature panoramic views of the Dubai Canal and the skyline, attracting both expats and local investors.

Market Trends

  • In the past year, there has been a noticeable increase in demand for properties in Business Bay, resulting in a rental price increase of approximately 15%.
  • Market analysis indicates properties at Avanti Tower have an average ROI of around 7%, making it an attractive option for investors.
  • Looking ahead, experts expect continued growth in property values, driven by ongoing development in the surrounding area and increasing demand for luxury living.

Living and Investing in the Building

Amenities, Schools, and Healthcare

  • Residents of Avanti Tower have convenient access to a variety of essential services, including premium supermarkets, top-rated schools, and comprehensive healthcare facilities.
  • Nearby schools include International School of Arts and Sciences and The Royal Grammar School, while numerous clinics and hospitals are located within a short drive.

Transportation and Accessibility

  • The building features easy access to major highways and thoroughfares, facilitating commute to key areas in Dubai.
  • Public transport options include nearby metro stations and bus stops, providing efficient travel for residents.
  • Ample parking spaces are available for residents and guests.

Lifestyle Amenities

  • Avanti Tower boasts premium recreational facilities, such as a fully equipped gym, swimming pool, and dedicated spaces for outdoor activities.
  • The vicinity offers an exciting array of restaurants, cafes, and hotels, catering to diverse culinary preferences and leisure options.

Builing Facilities

  • The tower is equipped with state-of-the-art elevators, 24-hour security, central air conditioning, and professional maintenance services ensuring a high standard of living.
  • Fire safety measures and a comprehensive management team contribute to the safety and comfort of residents.

Special Services

  • Unique amenities include concierge services, guest reception areas, and business centers, catering to the needs of both residents and visitors.
  • On-site recreational areas and lounges foster a sense of community among residents.

Planning Your Move or Investment

Floor Plans and Property Types

  • Avanti Tower offers an assortment of thoughtfully designed floor plans, accommodating diverse preferences and requirements for both tenants and buyers.
  • Options include open-concept studio apartments, one, two, and three-bedroom units with premium finishes and spacious layouts.

Things to Consider

  • Potential residents and buyers should consider factors such as proximity to public transportation, the availability of amenities, and property management services before making a decision.
  • It's also advisable to evaluate the building's investment potential and community vibe.

Useful FAQs and Support

Events and Building Life

Building Events

  • Avanti Tower hosts regular community events and gatherings, fostering a vibrant social atmosphere and encouraging interactions among residents.
  • From seasonal celebrations to fitness classes, there are a variety of activities designed to enhance communal living.

Community Identity

  • The unique architectural style of Avanti Tower, combined with its luxurious amenities, contributes to its reputation as a desirable residence in Business Bay.
  • With its strategic position and focus on community living, the building embraces a modern lifestyle while offering a serene retreat amidst the bustling city.

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Detailed Buiding Insights

1. Family Friendliness

Avanti Tower offers a comfortable environment with spacious apartments and nearby parks, making it suitable for families. However, there are limited family-oriented activities in the immediate vicinity.

Moderately Welcoming

2. Living Options

The tower provides a variety of living options, including different apartment sizes and layouts, accommodating different preferences and budgets.

Diverse Choices

3. Safety And Security

Avanti Tower features robust security measures, including 24/7 surveillance, access control, and on-site security personnel, ensuring a safe living environment.

Highly Secure

4. Transportation

The tower is well-connected by public transport, with bus and metro stations nearby, facilitating easy commuting to various parts of Dubai.

Conveniently Accessible

5. Amenities And Facilities

Avanti Tower boasts an array of amenities including a swimming pool, fitness center, and community lounge, catering to residents' recreational and social needs.

Richly Equipped

6. Cost Of Living

While living in Avanti Tower is considered relatively affordable for Business Bay, prices can be higher compared to less central locations, reflecting the prime location and amenities.

Moderately Priced

7. Things To Do

There are numerous entertainment options around Avanti Tower, including shopping malls, dining outlets, and cultural attractions, providing a lively atmosphere.

Vibrantly Diverse

8. Noise Levels

Most residents report a peaceful living experience, with sound insulation in apartments that reduces noise from the outside, despite the bustling Business Bay area.

Generally Quiet

9. Pet Friendliness

Avanti Tower allows pets, but there are some restrictions on size and type. Nearby parks provide decent areas for walking pets, though not specifically designed for them.

Accommodating

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Key Information

Developer: DAMAC Properties

Building Type: Mixed-use

Building Age: 6 years(completed in 2018)

Length: 132

Unit Types : Studios, 1, 2 and 3-bedroom apartment

Floors: 15

Community Insights
Mostly apartments | Luxury | Well connected
Lowest: 135K - 260K AED/year

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