AED 1,100,000
Own this from just
4,524 AED/monthNet 12.99% ROE | No Agents | Read Description
Homes4Life is delighted to present this beautifully furnished 1-bedroom apartment in the heart of Business Bay at DAMAC Zada Tower.
Property Details:
Type: 1-Bedroom Apartment
Size: 473.07 Sq. Ft.
Floor: 2nd
Furnishing: Fully Furnished
Current Rent: AED 95,000
Market Rent: AED 95,000 - 100,000
Mortgage Option Available
Investment Breakdown:
Down Payment: AED 286,000 (20% DP + 4% DLD + 2% Commission)
Monthly Rent: AED 7,741 (Annual Rent: 100K – AED 7,100 Maintenance)
Monthly EMI: AED 4,645
Net Income: AED 3,096
ROI Highlights:
Net ROI (Cash Purchase): 8.01%
Net ROE (With Mortgage): 12.99%
NET ROI & ROE IS CALCULATED AFTER ACCOUNTING FOR ALL OVERHEAD COSTS AND DEDUCTING MAINTENANCE EXPENSES.
For more details or to schedule a viewing, contact Manas Naidu at +971 52 517 7759.
#BusinessBay #DamacZada #DubaiRealEstate #InvestmentOpportunity #HighROI #FullyFurnished
Property details
Property Type
Apartment
Property Size
473 sqft / 44 sqm
Bedrooms
1
Bathrooms
1
Service Charges
23.22 AED per sqft
Amenities
Balcony
Private Pool
Security
Project information
Location
Price Insights
Transactions for Similar Properties
1 Bed Apartment in Zada Tower
Sold for
Date | AED | Area (sqft) |
---|---|---|
30 Jan 2025 | 975,000 | 471 |
29 Jan 2025 | 1,008,000 | 481 |
28 Jan 2025 | 750,000 | 470 |
27 Jan 2025 | 920,000 | 468 |
15 Jan 2025 | 1,000,000 | 504 |
Rented for
Date | AED/year | Area (sqft) |
---|---|---|
1 Feb 2025 | 72,000 | 456 |
1 Feb 2025 | 70,000 | 470 |
31 Jan 2025 | 90,000 | 471 |
30 Jan 2025 | 80,000 | 504 |
23 Jan 2025 | 90,000 | 468 |
Powered byDataGuru
This property costs 38% less than the average price of 1 bedroom in Business Bay
Average Sale Price is 1,778,988 AED
This property is 46% smaller than the average size of 1 bedroom in Business Bay
Average size is 876 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
Manas Naidu
5.0
Homes 4 Life Real Estate - 71
See all properties (286)Response time
within 2 hours
Experience
10 years
Closed Deals
7
Languages
English, Hindi
Get the right mortgage for you
Estimate your monthly mortgage payment
Monthly payment
4,524 AED
with interest rate of
3.75%
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Regulatory information
Regulatory information
Reference
H4L-3610093
Listed
2 days ago
Broker License
22597
Zone name
Business Bay
DLD Permit Number:
71249121446
Agent License
48579
Own this property from just
4,524 AED /month
Fixed rates from: 3.75%
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