Canal View | Natural Light | Motivated Seller
AED 1,830,000

AED 2,675 per sqft

Permit Pending Verification

Canal View | Natural Light | Motivated Seller

Business Bay, Dubai
Listed 69 days ago
1
Beds
1
Baths
684
Sqft
apartment
Type

About This Property

1 bedroom apartment for sale in Business Bay. Canal View | Natural Light | Motivated Seller. Price: AED 1,830,000.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views2
Referencef09477e9-99ba-45ea-a212-17694030bc0d

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
AM

Archie May

Listing Agent

Premium Property

Positioned above market average

This is a premium-positioned property in Business Bay. Asking AED 2,675/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 2,675/sqft
Area benchmark unavailable
Asking priceAED 1,830,000
DLD transfer fee (4%)AED 73,200
Trustee fee (flat)AED 4,200
Mortgage registration (0.25% of 75% LTV)AED 3,721
Agency commission (2%)AED 36,600
Est. total transaction costAED 1,947,721

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 - 49% 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 2,675/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
9.54%
Excellent Yield
Net Yield
8.98%
After charges
Estimated Rental Income
Monthly
AED 14,549
Annual
AED 174,593
Service Charge: AED 10,260/yr15 AED/sqft
Capital Appreciation (Dubai)
vs Area Average20% below avg

Mortgage Calculator

Estimated Monthly Payment

AED 8,550

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 366,000)
5%80%
4.99%
2%8%
Property PriceAED 1,830,000
Loan AmountAED 1,464,000
Total InterestAED 1,100,961
Total Cost (Principal + Interest)AED 2,564,961

Estimated Upfront Costs

Down PaymentAED 366,000
DLD Registration (4%)AED 73,200
Agency Fee (2%)AED 36,600
Total UpfrontAED 475,800

Regulatory Compliance — Dubai Land Department (RERA)

Permit Required
DLD Permit No.Pending — agent must add
Listed ByArchie May
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 1.33M

Avg. Price

AED 2,042.27

Avg. /sqft

5

Transactions

AED 776K57.6% lower
14 Feb 2026 1 Bed 371 sqftAED 2,091/sqft
Completed Sale
AED 1.45M21.0% lower
15 Jan 2026 1 Bed 675 sqftAED 2,142/sqft
Completed Sale
AED 1.52M16.8% lower
16 Dec 2025 1 Bed 703 sqftAED 2,166/sqft
Completed Sale
AED 1.92M5.1% higher
16 Nov 2025 1 Bed 940 sqftAED 2,045/sqft
Completed Sale
AED 964K47.3% lower
16 Nov 2025 1 Bed 546 sqftAED 1,766/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