Business Bay · Listing

Family Home | Park View | Well Maintained | Apartment in Business Bay

AED 2,804,000

AED 1,754 per sqft

Permit Pending Verification

Family Home | Park View | Well Maintained | Apartment in Business Bay

Business Bay, Dubai
5mo ago
2
Beds
2
Baths
1,599
Sqft
apartment
Type

About This Property

Premium 2 bedroom apartment available in Scala Tower, Business Bay. This 1599 sqft property offers excellent value at AED 2,804,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views127
Reference0c3ab515-63e9-40ba-8acc-95d68bf1efab

Area & Neighborhood Guide

8.7/10
Investment Score
8.2%
Avg. Yield
+18.3%
1Y Growth
High
Market
Schools
1
Healthcare
1
Transport
1
Retail
1
Green space
0
Waterfront
0

Nearby Amenities & Landmarks

Bay Avenue Mall
Dubai Canal
Business Bay Metro
JW Marriott
GEMS Modern Academy
Aster Hospital
Canal Walk

Upcoming Developments

Canal District Phase 3
New commercial towers
Waterfront promenade extension

Demographics

45K+
Residents
31
Avg. Age
88%
Expats

Scala Tower

· Business Bay
Leaflet © Mapbox © OSM

Deal Score™

AI-powered price analysis vs DLD transactions

6.4/ 10
Good Value5.7% below market

At AED 1,754/sqft vs 1,860/sqft market average in Business Bay, this listing is 6% below recent transaction values — reasonably priced.

Asking AED/sqft

AED 1,754

DLD Market Avg

AED 1,860

Avg

AED 2,392,548

Median

AED 2,316,000

Range

1300K–3180K

DLD Benchmark
Property priceAED 2,804,000
DLD transfer fee (4%)AED 112,160
Trustee office feeAED 4,200
Mortgage registration (0.25%)AED 7,010
Agency commission (2%)AED 56,080
Total to acquireAED 2,983,450

UAE fee schedule (Dubai). Mortgage reg applies only if financed.

Investment ROI Calculator

Based on 5 rental comparables in Business Bay

Excellent Yield
Gross Yield
10%
Excellent Yield
Net Yield
9.14%
After charges
Estimated Rental Income
Monthly
AED 23,367
Annual
AED 280,400
Service Charge: AED 23,985/yr15 AED/sqft
Capital Appreciation (Dubai)
vs Area Average18.7% above avg

Mortgage Calculator

Estimated Monthly Payment

AED 13,100

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 560,800)
5%80%
4.99%
2%8%
Property PriceAED 2,804,000
Loan AmountAED 2,243,200
Total InterestAED 1,686,937
Total Cost (Principal + Interest)AED 3,930,137

Estimated Upfront Costs

Down PaymentAED 560,800
DLD Registration (4%)AED 112,160
Agency Fee (2%)AED 56,080
Total UpfrontAED 729,040

Recent Apartment Transactions

Similar apartments sold in Business Bay

AED 2.54M

Avg. Price

AED 1,823.34

Avg. /sqft

5

Transactions

AED 2.24M20.0% below this listing
17 May 2026 2 Bed 1,337 sqftAED 1,677/sqft
Completed Sale
AED 1.75M37.7% below this listing
17 May 2026 2 Bed 1,353 sqftAED 1,292/sqft
Completed Sale
AED 2.43M13.4% below this listing
18 Mar 2026 2 Bed 1,293 sqftAED 1,879/sqft
Completed Sale
AED 3.19M13.9% above this listing
18 Mar 2026 2 Bed 1,416 sqftAED 2,256/sqft
Completed Sale
AED 3.09M10.3% above this listing
18 Dec 2025 2 Bed 1,537 sqftAED 2,013/sqft
Completed Sale

Transactions shown are for similar apartments in Business Bay. Prices may vary based on floor, view, and finishing.

Regulatory Compliance — Dubai Land Department (RERA)

Permit Required
DLD Permit No.Pending — agent must add
Listed By—
Agency—
Permit Valid UntilNot provided

Verify this permit: dubailand.gov.ae/trakheesi-service

Alternatively, scan the permit in the official Dubai REST app (iOS & Android).

Comparables

Similar properties nearby

2 BR apartment · Business Bay

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