Business Bay · Listing

Near to Metro | City View | Vacant

AED 1,600,000

AED 1,616 per sqft

Permit Pending Verification

Near to Metro | City View | Vacant

Business Bay, Dubai
3mo ago
1
Beds
1
Baths
990
Sqft
apartment
Type

About This Property

1 bedroom apartment for sale in Business Bay. Near to Metro | City View | Vacant. Price: AED 1,600,000.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views9
Reference4cb530ce-f45a-4010-b6ec-14d5778d3c3d

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

Business Bay

N

Nirmala

Listing Agent

Deal Score™

AI-powered price analysis vs DLD transactions

8.8/ 10
Great Deal23.2% below market

Priced at AED 1,616/sqft vs market avg of AED 2,105/sqft in Business Bay. This property is 23% below comparable DLD transactions — a strong investment opportunity.

Asking AED/sqft

AED 1,616

DLD Market Avg

AED 2,105

Avg

AED 1,496,203

Median

AED 1,545,000

Range

720K–2600K

DLD Benchmark
Property priceAED 1,600,000
DLD transfer fee (4%)AED 64,000
Trustee office feeAED 4,200
Mortgage registration (0.25%)AED 4,000
Agency commission (2%)AED 32,000
Total to acquireAED 1,704,200

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
9.07%
After charges
Estimated Rental Income
Monthly
AED 13,333
Annual
AED 160,000
Service Charge: AED 14,850/yr15 AED/sqft
AqarSouq AI service-charge estimatemedium confidence
AED 12–18/sqftannual

Area-level fallback: [object Object] · Mid-tier development with standard amenities and facilities typical of newer Dubai communities, moderate maintenance requirements.

Source: AqarSouq AI (Claude). Always verify with the OA / DLD Mollak schedule before transacting.

Capital Appreciation (Dubai)
vs Area Average33.7% below avg

Mortgage Calculator

Estimated Monthly Payment

AED 7,475

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 320,000)
5%80%
4.99%
2%8%
Property PriceAED 1,600,000
Loan AmountAED 1,280,000
Total InterestAED 962,589
Total Cost (Principal + Interest)AED 2,242,589

Estimated Upfront Costs

Down PaymentAED 320,000
DLD Registration (4%)AED 64,000
Agency Fee (2%)AED 32,000
Total UpfrontAED 416,000

Recent Apartment Transactions

Similar apartments sold in Business Bay

AED 1.26M

Avg. Price

AED 1,951.16

Avg. /sqft

5

Transactions

AED 796K50.2% below this listing
3 May 2026 1 Bed 371 sqftAED 2,146/sqft
Completed Sale
AED 1.47M8.4% below this listing
3 May 2026 1 Bed 703 sqftAED 2,085/sqft
Completed Sale
AED 791K50.6% below this listing
4 Mar 2026 1 Bed 546 sqftAED 1,449/sqft
Completed Sale
AED 1.80M12.3% above this listing
2 Feb 2026 1 Bed 940 sqftAED 1,912/sqft
Completed Sale
AED 1.46M8.7% below this listing
3 Jan 2026 1 Bed 675 sqftAED 2,164/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 ByNirmala
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).

Call Agent