Bright 1 Bedroom | Pool View | Vacant | Apartment in Business Bay
AED 228,000/year

AED 249 per sqft

Permit Pending Verification

Bright 1 Bedroom | Pool View | Vacant | Apartment in Business Bay

Business Bay, Dubai
Listed 148 days ago
1
Beds
1
Baths
917
Sqft
apartment
Type

About This Property

Premium 1 bedroom apartment available in The Pad, Business Bay. This 917 sqft property offers excellent value at AED 1,422,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeRent
OwnershipFreehold
Views101
Referencee25cb7bf-6243-4dcd-9e5c-cb2059909991

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

Price Transparency

Estimate
This listing
AED 249/sqft
Area benchmark unavailable
Annual rentAED 228,000
Security deposit (est. 5%)AED 11,400
Ejari registrationAED 220
Agency commission (5% one-off)AED 11,400
Est. first-year cash outlayAED 251,020

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.

Rental Market Comparison

Premium Rent

Premium Rent - 113% Above Market

Significantly above the Business Bay average. May include premium amenities or location advantages.

Area Avg Rent
AED 117
per sqft/year
This Property
AED 249
113% above avg
Area Yield
6.5%
rental return
Monthly
AED 19K
per month

Investor Insight

Est. Property Value

AED 1.7M

Implied Yield

13.81%

Based on area sales PSF of AED 1,800

Rental estimates derived from PropertyIndex.ae yield data • 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

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).

Rental Cost Analysis

Monthly Rent

AED 19,000

Annual: AED 228,000

AED 249/sqft per year

AED 228,000 per year

Estimated Move-in Costs

Security Deposit(5% of annual rent)
AED 11,400
Agency Commission(5% of annual rent)
AED 11,400
DEWA Deposit(Refundable)
AED 2,000
Ejari Registration(One-time fee)
AED 220
Total Move-in CostAED 25,020

Recent Apartment Rental Transactions

Similar apartments rented in Business Bay

AED 170K

Avg. Annual Rent

AED 235.02

Avg. /sqft (yr)

5

Rentals

AED 160K29.8% lower
16 Mar 2026 1 Bed 613 sqftAED 261/sqft
Rental Agreement
AED 237K3.9% higher
15 Jan 2026 1 Bed 889 sqftAED 266/sqft
Rental Agreement
AED 223K2.4% lower
16 Dec 2025 1 Bed 823 sqftAED 270/sqft
Rental Agreement
AED 86K62.3% lower
16 Nov 2025 1 Bed 395 sqftAED 218/sqft
Rental Agreement
AED 146K36.0% lower
17 Sept 2025 1 Bed 917 sqftAED 159/sqft
Rental Agreement

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

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