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
Listed 69 days 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
Views4
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
N

Nirmala

Listing Agent

Deal Scoreâ„¢

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.

Price per sqft comparisonBusiness Bay · 1 BR apartment
AskingAED 1,616/sqft
DLD Market AvgAED 2,105/sqft

Price Transparency

Estimate
This listing
AED 1,616/sqft
Area benchmark unavailable
Asking priceAED 1,600,000
DLD transfer fee (4%)AED 64,000
Trustee fee (flat)AED 4,200
Mortgage registration (0.25% of 75% LTV)AED 3,290
Agency commission (2%)AED 32,000
Est. total transaction costAED 1,703,490

Estimates use standard UAE market rates (DLD 4%, trustee 4,200 AED, mortgage reg 0.25% at 75% LTV, agency 2%). Your firm quote is provided in writing before MoU signing and may differ based on property type, buyer profile, and negotiated terms.

Market Comparison

Price benchmarked against area listings & DLD data

Great Value

Great Deal - 10% Below Average

Priced below the area average of AED 1800/sqft. Solid value for Business Bay.

Price per sqft comparisonBusiness Bay · 1 BR apartment
This PropertyAED 1,616/sqft
Area AverageAED 1,800/sqft

Area Yield

6.5%

L12M Trend

+2%

Similar Units

19

Similar apartment in Business Bay
Avg: AED 1.8MPSF: AED 2,249Range: AED 899K – AED 2.6M

PropertyIndex.ae • Updated 2026-02-22

Business Bay Market Intelligence

Full Report
Avg Price/SqftAED 1,993
Active Listings96
Trendup
Price History (per sqft)
AED 1,870
Dec
AED 2,067
Jan
AED 1,952
Feb
AED 2,110
Mar

Average Price per Sqft by Month

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
Capital Appreciation (Dubai)
vs Area Average30% 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

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).

Recent Apartment Transactions

Similar apartments sold in Business Bay

AED 1.30M

Avg. Price

AED 2,082.85

Avg. /sqft

5

Transactions

AED 1.78M11.0% higher
16 Mar 2026 1 Bed 675 sqftAED 2,632/sqft
Completed Sale
AED 1.37M14.7% lower
14 Feb 2026 1 Bed 703 sqftAED 1,942/sqft
Completed Sale
AED 910K43.1% lower
14 Feb 2026 1 Bed 546 sqftAED 1,666/sqft
Completed Sale
AED 951K40.6% lower
16 Nov 2025 1 Bed 371 sqftAED 2,563/sqft
Completed Sale
AED 1.51M5.4% lower
16 Nov 2025 1 Bed 940 sqftAED 1,610/sqft
Completed Sale

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

Similar Properties

1-Bedroom apartment in Business Bay