Ready

Canal-view 1BR, vacant and ready to furnish

Business Bay · Apartment · Canal view

AED 1,480,000AED 1,873/sq ft
1 BRBedrooms
2Bathrooms
790 sq ftBuilt-up area
Completed 2023Status
UnfurnishedFit-out

Why we shortlisted it

A 2023-built one-bed on the canal at AED 1,870 per sq ft, well under Downtown pricing with the same walkability.

A never-occupied one-bedroom in a tower handed over in 2023, with a canal-facing balcony and a full developer warranty still in place. The owner purchased off-plan and is selling at handover.

At the expected rent of AED 105,000 this returns a 7.1 percent gross yield, which is strong for a central address in a new building.

Highlights

  • Brand new, never occupied
  • Canal promenade access
  • Mortgageable to 80%
  • Expected rent AED 105,000
About Business Bay

Downtown's neighbour at a discount. Dense, central and the busiest launch pipeline for branded residences.

Typical 1BR
AED 1.1M to 1.9M
Gross yield
6.5 to 8%
Inventory
Mixed ready and off-plan
Launches
Very active
Community guide

Listing reference available on request. Prices and availability are indicative and change without notice. Images are representative.