Canal-View Studio | Tenanted at 7%+ Net
Business Bay
AED 950,000
ReadyApartment
Key facts
- Property type
- Apartment
- Bedrooms
- Studio
- Baths
- 1
- Size
- 480 sqft (45 m²)
- Developer
- Damac
- Service charge
- 16 AED/sqft
- Est. ROI
- 7.2%
A clean, yield-first opportunity: canal-facing studio in a well-run tower, tenanted to a corporate professional with a fresh one-year contract.
At the asking price, the current rent delivers above 7% net after service charges — with renewal upside at the next cycle. An ideal first Dubai asset.
Features
- Direct canal view
- Tenanted — immediate income
- 7%+ net at asking
- Low service charges
- Walk to Bay Avenue retail
Location
Business Bay — canal-front tower, west bank.