AED 1,250,000

Own this from just

5,141 AED/month
1 Bedroom
1 Bathroom
469 sqft / 44 sqm
APARTMENT FOR SALE IN ZADA TOWER, BUSINESS BAY

Vacant | Canal View | Perfect Investment

Connor from White and Co Real Estate is bringing this opportune investment property. Located in the commercial hub of Business Bay this unit is perfectly located for an investor who seeks to capitalize on the short-term rental market where clientele will predominantly be working professionals looking for a short commute to the office. This well-priced unit will gain a steady, year-round yield.

Key Features

- Proximity to a wide range of commercial towers
- Gym, Spa, and Pool
- Canal views
- 24 hrs security and concierge
- Allocated parking
- Near metro

In summary, this property will gain high yields from short-term letting and yearly rental contracts as this property is perfectly positioned to take advantage of the commercial clientele that frequents this area. The building is in great condition and was completed early in 2023. The amenities are modern, with a fully equipped gym and spa, attracting the new age health-oriented generation of young professionals.

Property details

Property Type

Apartment

Property Size

469 sqft / 44 sqm

Bedrooms

1

Bathrooms

1

Service Charges

23.22 AED per sqft


Project information

project imageproject imageproject image

Completed

Zada Tower

1 bedroom

Developed by:

Damac Properties

Delivery Date:

Q2 2023

Down payment:

100%

Property types:

Apartment


Location

Map preview
Zada Tower
Residential Insights

Price Range:

1M-1.4M AED
Business Bay
Community Insights
4/5237 building reviews

Well connected | Mostly apartments | Luxury

Price Range:

415K-750M AED

Price Insights

Transactions for Similar Properties

1 Bed Apartment in Zada Tower

Sold for

DateAEDArea (sqft)
21 Nov 20241,000,000481
19 Nov 2024925,000471
7 Nov 2024940,000473
6 Nov 20241,075,000469
4 Nov 2024835,000470

Rented for

DateAED/yearArea (sqft)
22 Nov 202480,000567
19 Nov 202470,000470
18 Nov 202493,000471
17 Nov 202460,000475
22 Oct 202485,000456
See all transactions in this location

Powered byDataGuru

This property costs 29% less than the average price of 1 bedroom in Business Bay

Average Sale Price is 1,765,580 AED

This property is 47% smaller than the average size of 1 bedroom in Business Bay

Average size is 878 sqft

The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Business Bay

Provided by

Connor McKelvie

5.0

White & Co Real Estate

See all properties (2677)

Response time

within 5 minutes

Experience

4 years

Languages

English

See agent properties (11)

Get the right mortgage for you

300,000 AED35,000,000 AED
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250,000 AED1,000,000 AED
1 year25 years

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Monthly payment

5,141 AED

with interest rate of

3.75%

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Regulatory information
Regulatory information

Reference

RL-64507

Listed

2 months ago

Broker License

25663

Zone name

Business Bay

DLD Permit Number:

71249131504

Agent License

69506

DLD Permit Number

Call

Connor McKelvie

5.0

Usually responds within 5 minutes

Own this property from just

5,141 AED /month

Fixed rates from: 3.75%

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