Investor Deal | Rented | Great Returns | Apartment in Business Bay
AED 1,548,000

AED 2,489 per sqft

Permit Pending Verification

Investor Deal | Rented | Great Returns | Apartment in Business Bay

Business Bay, Dubai
Listed 139 days ago
1
Beds
1
Baths
622
Sqft
apartment
Type

About This Property

Premium 1 bedroom apartment available in The Pad, Business Bay. This 622 sqft property offers excellent value at AED 1,548,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views179
Referencea99f43ca-f9c4-4320-8176-289c15d9bf0f

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 2,489/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 2,489/sqft
Area benchmark unavailable
Asking priceAED 1,548,000
DLD transfer fee (4%)AED 61,920
Trustee fee (flat)AED 4,200
Mortgage registration (0.25% of 75% LTV)AED 3,193
Agency commission (2%)AED 30,960
Est. total transaction costAED 1,648,273

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 - 38% 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 2,489/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
9.4%
After charges
Estimated Rental Income
Monthly
AED 12,900
Annual
AED 154,800
Service Charge: AED 9,330/yr15 AED/sqft
Capital Appreciation (Dubai)
vs Area Average32.3% below avg

Mortgage Calculator

Estimated Monthly Payment

AED 7,232

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 309,600)
5%80%
4.99%
2%8%
Property PriceAED 1,548,000
Loan AmountAED 1,238,400
Total InterestAED 931,305
Total Cost (Principal + Interest)AED 2,169,705

Estimated Upfront Costs

Down PaymentAED 309,600
DLD Registration (4%)AED 61,920
Agency Fee (2%)AED 30,960
Total UpfrontAED 402,480

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 1.23M

Avg. Price

AED 1,948.27

Avg. /sqft

5

Transactions

AED 884K42.9% lower
15 Apr 2026 1 Bed 371 sqftAED 2,381/sqft
Completed Sale
AED 1.47M4.9% lower
16 Mar 2026 1 Bed 940 sqftAED 1,567/sqft
Completed Sale
AED 767K50.4% lower
16 Mar 2026 1 Bed 546 sqftAED 1,405/sqft
Completed Sale
AED 1.61M3.8% higher
16 Dec 2025 1 Bed 703 sqftAED 2,286/sqft
Completed Sale
AED 1.42M8.3% lower
16 Nov 2025 1 Bed 675 sqftAED 2,102/sqft
Completed Sale

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