Business Bay · Listing

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
6mo 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
Views152
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

Prive by Damac

· Business Bay
Leaflet © Mapbox © OSM

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.

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
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 Average55.9% 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

Recent Apartment Transactions

Similar apartments sold in Business Bay

AED 1.35M

Avg. Price

AED 2,102.51

Avg. /sqft

5

Transactions

AED 865K18.9% below this listing
31 May 2026 1 Bed 371 sqftAED 2,331/sqft
Completed Sale
AED 890K16.5% below this listing
1 May 2026 1 Bed 546 sqftAED 1,630/sqft
Completed Sale
AED 1.87M75.1% above this listing
2 Mar 2026 1 Bed 675 sqftAED 2,765/sqft
Completed Sale
AED 1.29M20.8% above this listing
31 Jan 2026 1 Bed 703 sqftAED 1,832/sqft
Completed Sale
AED 1.84M72.3% above this listing
31 Jan 2026 1 Bed 940 sqftAED 1,954/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

1 BR apartment · Business Bay

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