Unit ID: U1827406
16% Rental Yield
J ONE, Business Bay,Dubai
AED19,000,000
3 Bedrooms
2
Bathrooms
10,763,910 Sqft
Size
Jul 2020
Completed

About This Apartment

This property is a 10,763,910 Sqft apartment with 3 bedrooms and 2 bathrooms that is available for sale. It is part of the Marasi Business Bay project in J ONE, Dubai and was completed in Jul 2020. You can buy this apartment for a base price of AED19,000,000 (AED2/Sqft) and it is also available for long term rentals starting from AED250,782 per month.

2, 3 & 4 Bedroom Residences in Marasi Bay, Dubai | Handover:

Embodying the Latin meaning for ‘sail’ and ‘wind’, VELA VIENTO represents the spirited dance of the wind; the invisible force that breathes life into sails and carries us ever forward. With a bold vision for Marasi Bay, OMNIYAT introduces VELA VIENTO, ascending to celestial heights of magnificence in Burj Khalifa District. VELA VIENTO builds on the uplifting legacy of its sister property, VELA, in a powerfully transformative setting of waterfront living that shines with boundless possibilities.

Features

BalconyBalcony Fully RenovatedFully Renovated Renovated BathroomRenovated Bathroom

Basic Information

Date Listed Jun 19, 2024
Updated 1 week ago
Property Type Apartment
Floor N/A
Bedrooms 3
Size 10,763,910 Sqft
Price per Sqft AED2
Pets Not 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) Garden 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.
AED2,000/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1827406

Investment Opportunity: Charges & Yield

Sale Price
AED19,000,000
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.
AED2,000/mo
Rent
AED250,782/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.
6
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.
16%

Project Details

Project Name: Marasi Business Bay
Developer: Dubai Properties
Construction: Completed (Jul 2020)
Floors: 0
Buildings: N/A
Units: 4
Project Area: N/A
Nearest Landmark N/A
Location: J ONE, Dubai
Marasi Business Bay Project Details

Project Features

24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at Marasi Business Bay

For Sale 1 For Rent 1
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Loan Calculator

Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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Reviews

4.7 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
The desired water home in Business Bay
Allen Greenwood, United Kingdom, 3 years ago
Sincerely, I have never ever seen this kind of amazing water homes before. I saw the project’s introducing video online. It impressed me right away. I am now working near Business Bay. This place is very exclusive and fill with class. This water villas must have been sold out pretty soon for sure. The Marasi Business Bay Water Homes is located in a very good area in Dubai. This place is going to be suitable for the future. Some say that it would be the new landmark. Definitely check out right now!
Dubai
J ONE

Neighborhood Overview

Location and Neighborhood

Street View

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