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ReadyCanal-side tower

One-bedroom apartment in Business Bay

AED 1.38M

One-bedroom apartment in Business Bay, photo 1 of 3
01 / 03
Price
AED 1.38M
Status
Ready
Bedrooms
1 bed
Bathrooms
1
Built-up area
760 sq ft
Price per sq ft
AED 1,816

Overview

A tenanted one-bed on the Dubai Water Canal, producing rental income from day one with the lease running into next year.

  • Canal views
  • Tenanted, 7.1% gross
  • Ten minutes to DIFC

Payment plan

10%

Deposit

AED 138K

90%

On transfer

AED 1.24M

Investor view

Est. annual rent
AED 98K
Gross yield
7.1%
Service charge / yr
AED 14K
Net yield (est.)
6.1%

Long-let estimate from comparable leases; service charge at AED 18/sq ft. Net excludes maintenance and vacancy.

Costs & mortgage

Estimated monthly repayment

AED 5,981/mo

Loan amount
AED 1.1M
DLD fee (4%)
AED 55K
Mortgage reg. (0.25%)
AED 2,760
Agency (2% + VAT)
AED 29K
Cash needed upfront
AED 363K

Indicative only. Excludes trustee and bank valuation fees; rates depend on your lender and residency status. Every fee explained

Business Bay, Dubai, from the air

The community

Business Bay

Read the area guide

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AED 1.38M

Business Bay

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