Modern Studio | Near Metro | Investor Deal | Apartment in Business Bay
AED 720,000

AED 1,678 per sqft

Permit Pending Verification

Modern Studio | Near Metro | Investor Deal | Apartment in Business Bay

Business Bay, Dubai
Listed 143 days ago
1
Beds
1
Baths
429
Sqft
apartment
Type

About This Property

Premium 0 bedroom apartment available in The Pad, Business Bay. This 429 sqft property offers excellent value at AED 720,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views62
Referenced882adf2-1b47-44eb-876f-540b99ad16d0

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

Deal Scoreâ„¢

AI-powered price analysis vs DLD transactions

8.5/ 10
Great Deal20.3% below market

Priced at AED 1,678/sqft vs market avg of AED 2,105/sqft in Business Bay. This property is 20% below comparable DLD transactions — a strong investment opportunity.

Price per sqft comparisonBusiness Bay · 1 BR apartment
AskingAED 1,678/sqft
DLD Market AvgAED 2,105/sqft

Price Transparency

Estimate
This listing
AED 1,678/sqft
Area benchmark unavailable
Asking priceAED 720,000
DLD transfer fee (4%)AED 28,800
Trustee fee (flat)AED 4,200
Mortgage registration (0.25% of 75% LTV)AED 1,640
Agency commission (2%)AED 14,400
Est. total transaction costAED 769,040

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

Good Price

Good Value Property

Slightly below market average for Business Bay. Competitive pricing.

Price per sqft comparisonBusiness Bay · 1 BR apartment
This PropertyAED 1,678/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
9.11%
After charges
Estimated Rental Income
Monthly
AED 6,000
Annual
AED 72,000
Service Charge: AED 6,435/yr15 AED/sqft
Capital Appreciation (Dubai)
vs Area Average68.5% below avg

Mortgage Calculator

Estimated Monthly Payment

AED 3,364

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 144,000)
5%80%
4.99%
2%8%
Property PriceAED 720,000
Loan AmountAED 576,000
Total InterestAED 433,165
Total Cost (Principal + Interest)AED 1,009,165

Estimated Upfront Costs

Down PaymentAED 144,000
DLD Registration (4%)AED 28,800
Agency Fee (2%)AED 14,400
Total UpfrontAED 187,200

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 1.25M

Avg. Price

AED 1,973.75

Avg. /sqft

5

Transactions

AED 781K8.5% higher
18 Apr 2026 1 Bed 371 sqftAED 2,105/sqft
Completed Sale
AED 972K35.0% higher
19 Mar 2026 1 Bed 546 sqftAED 1,780/sqft
Completed Sale
AED 1.78M146.8% higher
17 Feb 2026 1 Bed 675 sqftAED 2,632/sqft
Completed Sale
AED 1.25M73.1% higher
19 Nov 2025 1 Bed 703 sqftAED 1,773/sqft
Completed Sale
AED 1.48M106.1% higher
19 Nov 2025 1 Bed 940 sqftAED 1,579/sqft
Completed Sale

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