DESCRIPTION
This newly completed freehold residential tower is offered for sale in its entirety, in the heart of Business Bay — one of Dubai's most established mixed-use districts. Configured as B+G+17 floors on a prime 32,286.78 sq.ft plot, the building comprises 202,017.40 sq.ft of total built-up area across 74 residential apartments, complemented by a gymnasium, swimming pool and valet parking.
The asset generates AED 17,000,000 in annual rent income against AED 600,000 in annual expenses, resulting in a net operating income of AED 16,400,000 — a net return of 6.8% per annum based on the asking price of AED 250,000,000. Figures as represented by the seller, provided for indicative purposes and subject to independent verification.
Positioned centrally within Business Bay, the tower offers easy access to Dubai's key destinations: 8 minutes to Dubai Mall, 15 minutes to Burj Al Arab, 16 minutes to Palm Jumeirah, 20 minutes to The Walk JBR, 16 minutes to Dubai International Airport, and 39 minutes to Al Maktoum International Airport. Offered as a single freehold title, this is a rare opportunity to acquire an income-generating residential tower in one of Dubai's most connected and in-demand districts.
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