Business Bay · Listing

1BR with Study | Park View | Modern | Apartment in Business Bay

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AED 945,000

AED 1,524 per sqft

Permit Pending Verification

1BR with Study | Park View | Modern | Apartment in Business Bay

Business Bay, Dubai
5mo ago
1
Beds
1
Baths
620
Sqft
apartment
Type

About This Property

Premium 1 bedroom apartment available in Canal Heights, Business Bay. This 620 sqft property offers excellent value at AED 945,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views154
Referencef66cf7d6-4fac-498b-b799-83ca7010b20a

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

Canal Heights

· Business Bay

Market Intelligence

Area context · Avg price/sqft · Active listings · Trend · DLD data

Expand

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

Deal Score™

AI-powered price analysis vs DLD transactions

9.3/ 10
Exceptional Deal27.6% below market

Priced at AED 1,524/sqft vs market avg of AED 2,105/sqft in Business Bay. This property is 28% below comparable DLD transactions — a strong investment opportunity.

Price per sqft comparisonBusiness Bay · 1 BR apartment
AskingAED 1,524/sqft
DLD Market AvgAED 2,105/sqft

Investment ROI Calculator

Based on 5 rental comparables in Business Bay

Excellent Yield
Gross Yield
10%
Excellent Yield
Net Yield
9.02%
After charges
Estimated Rental Income
Monthly
AED 7,875
Annual
AED 94,500
Service Charge: AED 9,300/yr15 AED/sqft
Capital Appreciation (Dubai)
vs Area Average60% below avg

Short-Term Rental ReturnsBusiness Bay

Net annual revenue

AED 178K

AED 15K/month

vs Long-term rent

-8.1%

AED -16K/yr

Adjust your assumptions

Average nightly rate904 AED
Year-round occupancy72%
Operating costs25%

Nights booked

263/365

Gross / yr

AED 238K

STR yield

18.87%

⚠ STR licensing (DTCM in Dubai, DCT in Abu Dhabi) is mandatory. Add 1.5–2% licensing fees for year-one ROI.

Mortgage Calculator

Estimated Monthly Payment

AED 4,415

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 189,000)
5%80%
4.99%
2%8%
Property PriceAED 945,000
Loan AmountAED 756,000
Total InterestAED 568,529
Total Cost (Principal + Interest)AED 1,324,529

Estimated Upfront Costs

Down PaymentAED 189,000
DLD Registration (4%)AED 37,800
Agency Fee (2%)AED 18,900
Total UpfrontAED 245,700

Recent Apartment Transactions

Similar apartments sold in Business Bay

AED 1.33M

Avg. Price

AED 2,112.53

Avg. /sqft

5

Transactions

AED 772K18.3% below this listing
15 May 2026 1 Bed 546 sqftAED 1,415/sqft
Completed Sale
AED 1.59M68.1% above this listing
15 Apr 2026 1 Bed 703 sqftAED 2,260/sqft
Completed Sale
AED 1.50M58.6% above this listing
15 Apr 2026 1 Bed 940 sqftAED 1,594/sqft
Completed Sale
AED 1.80M90.1% above this listing
14 Feb 2026 1 Bed 675 sqftAED 2,661/sqft
Completed Sale
AED 977K3.4% above this listing
16 Dec 2025 1 Bed 371 sqftAED 2,633/sqft
Completed Sale

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

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).

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