Unit ID: U1744086
10% Rental Yield
Al Abraj street, Business Bay,Dubai
AED1,250,000
654 Sqft
Indoor Area
Completed

About This Office

 It is part of the project in Al Abraj street, Dubai. You can buy this office for a base price of AED1,250,000 (AED1,911/Sqft) and it is also available for long term rentals starting from AED10,417 per month.

Vacant | Furnished | Fitted | High Floor | Grade A

Vacant Now:

For Sale: A unique, well-fitted, and partially furnished office with panoramic views of Burj Khalifa, Business Bay, and the canal is available for sale at Tamani Arts Commercial Tower in Business Bay. The office is offered for sale at AED 1,250,000.

For Rent: Alternatively, the same office is available for rent at AED 125,000 annually, payable in one cheque. The office is unfurnished and situated on a high floor (50 series), boasting a rectangular shape with a net area of 654 sqft. It includes dedicated car parking. The view from the office encompasses partial views of Burj Khalifa, Business Bay, and the canal.

The annual rent for the office at market price is typically around AED 130,000. Tamani Arts Tower is a prestigious development located in the heart of Business Bay. It features a G+19 floor structure and offers state-of-the-art facilities. This iconic mixed-use realty complex is developed by The Developer Properties LLC and promises to be the business epicenter of the prestigious Business Bay development in Dubai.

Basic Information

Date Listed Feb 28, 2024
Updated 10 months ago
Property Type Office
View(s) Burj Khalifa View, City View
Listed By
Private Owner
Unit ID U1744086

Investment Opportunity: Charges & Yield

Sale Price
AED1,250,000
Rent
AED10,417/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.
10
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.
10%

Project Details

Available Units at Tamani Art Tower

For Sale 2 For Rent 1
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Dubai
Al Abraj street

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Tamani Art Tower

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Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
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Number of units
Sales Prices
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Year Built
Completion Status
Project Name
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Number of units
218
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N/A
Year Built
Feb 2011
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Location
Business Bay, Dubai, United Arab Emirates
Number of units
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AED960K - AED1.25M
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Completion Status
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Project Name
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N/A
Sales Prices
AED1M - AED34.2M
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N/A
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AED1.23M - AED19.2M
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Year Built
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Completion Status
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Location
Al Abraj street, Business Bay, Dubai
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AED1M - AED4.05M
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Year Built
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Completion Status
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Number of units
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Year Built
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Completion Status
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N/A
Year Built
N/A
Completion Status
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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
Completed
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