Investor Deal | Rented | Great Returns | Apartment in Business Bay
AED 1,588,000

AED 2,065 per sqft

Permit Pending Verification

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

Business Bay, Dubai
Listed 116 days ago
1
Beds
1
Baths
769
Sqft
apartment
Type

About This Property

Premium 1 bedroom apartment available in Aykon City, Business Bay. This 769 sqft property offers excellent value at AED 1,588,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views37
Referencee7b50ccf-fef7-44a6-95f2-32d97d5936ee

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

5.8/ 10
Fair Price1.9% below market

At AED 2,065/sqft vs 2,105/sqft market average in Business Bay, this listing is 2% below recent transaction values — reasonably priced.

Price per sqft comparisonBusiness Bay · 1 BR apartment
AskingAED 2,065/sqft
DLD Market AvgAED 2,105/sqft

Price Transparency

Estimate
This listing
AED 2,065/sqft
Area benchmark unavailable
Asking priceAED 1,588,000
DLD transfer fee (4%)AED 63,520
Trustee fee (flat)AED 4,200
Mortgage registration (0.25% of 75% LTV)AED 3,268
Agency commission (2%)AED 31,760
Est. total transaction costAED 1,690,748

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

Above Average

Above Average - 15% Premium

This property is priced above the area average. Consider negotiating or comparing similar units.

Price per sqft comparisonBusiness Bay · 1 BR apartment
This PropertyAED 2,065/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
9.27%
After charges
Estimated Rental Income
Monthly
AED 13,233
Annual
AED 158,800
Service Charge: AED 11,535/yr15 AED/sqft
Capital Appreciation (Dubai)
vs Area Average30.6% below avg

Mortgage Calculator

Estimated Monthly Payment

AED 7,419

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 317,600)
5%80%
4.99%
2%8%
Property PriceAED 1,588,000
Loan AmountAED 1,270,400
Total InterestAED 955,370
Total Cost (Principal + Interest)AED 2,225,770

Estimated Upfront Costs

Down PaymentAED 317,600
DLD Registration (4%)AED 63,520
Agency Fee (2%)AED 31,760
Total UpfrontAED 412,880

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 1.24M

Avg. Price

AED 1,957.56

Avg. /sqft

5

Transactions

AED 1.47M7.7% lower
16 Mar 2026 1 Bed 675 sqftAED 2,171/sqft
Completed Sale
AED 846K46.7% lower
15 Jan 2026 1 Bed 371 sqftAED 2,281/sqft
Completed Sale
AED 1.55M2.1% lower
15 Jan 2026 1 Bed 703 sqftAED 2,212/sqft
Completed Sale
AED 1.55M2.4% lower
16 Nov 2025 1 Bed 940 sqftAED 1,649/sqft
Completed Sale
AED 805K49.3% lower
16 Nov 2025 1 Bed 546 sqftAED 1,475/sqft
Completed Sale

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

Similar Properties

1-Bedroom apartment in Business Bay