Unit ID: U1726050
116% Rental Yield
Business Bay,Dubai, United Arab Emirates
AED1,340,000
1 Bedroom
2
Bathrooms
850 Sqft
Size
Mid
Floor
Apr 2017
Completed

About This Apartment

This property is a 850 Sqft apartment with 1 bedroom and 2 bathrooms that is available for sale. It is part of the project in Business Bay, Dubai and was completed in Apr 2017. You can buy this apartment for a base price of AED1,340,000 (AED1,576/Sqft) and it is also available for long term rentals starting from AED130,000 per month.

HIGH FLOOR, FURNISHED, PRIME LOCATION

Beautiful Walking Area By The Canal. Amenities with steam room, sauna, jacuzzi, and outdoor pool. 7 minutes walk to downtown.  

Features

TerraceTerrace Covered ParkingCovered Parking Wifi IncludedWifi Included Full Western KitchenFull Western Kitchen MicrowaveMicrowave OvenOven TVTV Cable TVCable TV

Basic Information

Date Listed Jan 31, 2024
Updated 10 months ago
Property Type Apartment
Floor Mid
Bedroom 1
Size 850 Sqft
Price per Sqft AED1,576
Pets All Kind of Pets Allowed
Apartment Ownership
Foreign Quota
Furniture
A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
Fully Furnished
View(s) City View, Pool View
Unit Type N/A
Building N/A
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
AED15/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1726050

Investment Opportunity: Charges & Yield

Sale Price
AED1,340,000
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
AED15/mo
Rent
AED130,000/mo
Price-to-Rent Ratio
The price-to-rent ratio is calculated at the individual home level, where the sales price is divided by 12 times its monthly rent price.
1
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
116%

Project Details

Project Name: Bays Edge
Developer: Damac Properties
Construction: Completed (Apr 2017)
Floors: 22
Buildings: N/A
Units: 250
Project Area: N/A
Nearest Landmark Business Bay - 0.6 Km
Location: Business Bay, Dubai
Bays Edge Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Steam Room Steam Room
Sauna Sauna
Reception / Lobby Area Reception / Lobby Area

Available Units at Bays Edge

For Sale 1 For Rent 1
Get notified when new homes are being added to Bays Edge
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Frequently Asked Questions

Business Bay is the nearest Metro Station from Bays Edge and it is 0.6 km away.

Reviews

4.6 out of 5
Based on
2 Reviews
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Business Bay Residential
Oliver Twest, Australia, 5 years ago
Bays Edge is a modern condo located across Dubai Business Bay within 6 minutes’ drive. This prime location also provides convenient living and accessibility to resident needs. For me, I think the condo is encourage me both in business term and sport as well because it positioned close to Government Silso Club Golf and the project still have a short distance to many attraction place addition of Business Bay such as Burj Khalifa, Jumeirah Mosque and also Jumeirah Beach.
Amazing service within vibrant community
Juan Sandlin, Greenland, 5 years ago
The most impressive thing to say about the DAMAC Maison Bay's Edge is that it is a very private and vibrant community. It has a very good facility with modern equipment and the exclusive service makes me feel happy to stay here. The room design gives a sense of luxury which is very nice. Business bay is one of my favorite districts because of its vibrant lifestyle. Walking in the community is so enjoyable. There are also nice neighbourhood and recreation activities near the community. I would be happy to recommend this place for people who want to see the exclusive service place in a vibrant community.
Dubai

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Bays Edge

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Year Built
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Project Name
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Project Name
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Business Bay, Dubai, United Arab Emirates
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Number of units
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Year Built
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Location
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Number of units
132
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Year Built
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Project Name
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Number of units
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Monthly Rentals
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Year Built
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Completion Status
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Project Name
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Number of units
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Monthly Rentals
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Year Built
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Completion Status
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Project Name
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Location
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Number of units
495
Sales Prices
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Monthly Rentals
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Year Built
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Completion Status
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Year Built
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Completion Status
Off Plan
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