Cozy Studio | Well Maintained | Ideal Location | Apartment in Business Bay
AED 1,066,000

AED 2,575 per sqft

Permit Pending Verification

Cozy Studio | Well Maintained | Ideal Location | Apartment in Business Bay

Business Bay, Dubai
Listed 144 days ago
1
Beds
1
Baths
414
Sqft
apartment
Type

About This Property

Premium 0 bedroom apartment available in Prive by Damac, Business Bay. This 414 sqft property offers excellent value at AED 1,066,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views147
Reference5dd42991-8aae-4d45-8a10-6d2f32aacf92

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

Premium Property

Positioned above market average

This is a premium-positioned property in Business Bay. Asking AED 2,575/sqft vs market average of AED 2,105/sqft. Premium pricing reflects location desirability, unit quality, and market positioning.

Price Transparency

Estimate
This listing
AED 2,575/sqft
Area benchmark unavailable
Asking priceAED 1,066,000
DLD transfer fee (4%)AED 42,640
Trustee fee (flat)AED 4,200
Mortgage registration (0.25% of 75% LTV)AED 2,289
Agency commission (2%)AED 21,320
Est. total transaction costAED 1,136,449

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

Premium Price

Premium Pricing - 43% Above Market

Significantly above the Business Bay average of AED 1800/sqft. May have unique features justifying the premium.

Price per sqft comparisonBusiness Bay · 1 BR apartment
This PropertyAED 2,575/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
9.91%
Excellent Yield
Net Yield
9.33%
After charges
Estimated Rental Income
Monthly
AED 8,806
Annual
AED 105,674
Service Charge: AED 6,210/yr15 AED/sqft
Capital Appreciation (Dubai)
vs Area Average53.4% below avg

Mortgage Calculator

Estimated Monthly Payment

AED 4,980

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 213,200)
5%80%
4.99%
2%8%
Property PriceAED 1,066,000
Loan AmountAED 852,800
Total InterestAED 641,325
Total Cost (Principal + Interest)AED 1,494,125

Estimated Upfront Costs

Down PaymentAED 213,200
DLD Registration (4%)AED 42,640
Agency Fee (2%)AED 21,320
Total UpfrontAED 277,160

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).

Recent Apartment Transactions

Similar apartments sold in Business Bay

AED 1.28M

Avg. Price

AED 2,039.19

Avg. /sqft

5

Transactions

AED 1.49M39.7% higher
16 Mar 2026 1 Bed 703 sqftAED 2,119/sqft
Completed Sale
AED 1.58M47.9% higher
14 Feb 2026 1 Bed 675 sqftAED 2,336/sqft
Completed Sale
AED 972K8.8% lower
16 Dec 2025 1 Bed 371 sqftAED 2,621/sqft
Completed Sale
AED 1.59M49.2% higher
16 Dec 2025 1 Bed 940 sqftAED 1,693/sqft
Completed Sale
AED 779K26.9% lower
16 Dec 2025 1 Bed 546 sqftAED 1,428/sqft
Completed Sale

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