AED 2,980,000

Own this from just

12,257 AED/month
2 Bedrooms
3 Bathrooms
1,297 sqft / 120 sqm
APARTMENT FOR SALE IN THE LOFTS EAST, THE LOFTS

Invest. Opportunity |6% Rental ROI |Spacious 2-BR

Discover a prime investment opportunity in the heart of LOFTS T East, offering a spacious and contemporary unfurnished 2-bedroom unit with a 6% rental return on investment (ROI). This unit spans an impressive 1,297.05 sqft, providing ample space for both comfort and functionality. Perfectly designed to cater to tenants seeking a modern lifestyle, the unit includes the following key features:

Key Features:
• 2 Bedrooms: Generously sized for privacy and comfort.
• 3 Modern Bathrooms: Additional bathrooms offer enhanced convenience for both residents and guests.
• 2 Balconies: Enjoy outdoor space for relaxation or entertaining.
• Unfurnished: The unit is unfurnished, allowing tenants to personalize the space to their own taste and style.
• Open Concept Layout: High ceilings and large windows flood the space with natural light, creating a bright and airy atmosphere.
• Ample Storage: Thoughtful design maximizes space, ensuring a functional and clutter-free living area.
Building Features:
• Contemporary Design: LOFTS T East is known for its modern architecture and high-end finishes that attract quality tenants.
• Amenities: The building offers a range of premium amenities such as 24-hour security, a fitness center, and underground parking.
• Convenient Location: Nestled in a vibrant, sought-after neighborhood, residents have easy access to shopping, dining, and entertainment options. Public transportation links are just a short walk away, ensuring that commuting is hassle-free.
Area Overview:
• Central Location: LOFTS T East is strategically located within one of the city's most desirable districts, offering a dynamic mix of residential, commercial, and recreational spaces.
• Strong Rental Demand: The area has seen consistent demand for rental properties due to its proximity to major employment hubs, cultural attractions, and vibrant nightlife.
• Community: A welcoming and safe environment, ideal for professionals and families, offering parks, schools, and various local amenities.

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Property details

Property Type

Apartment

Property Size

1,297 sqft / 120 sqm

Bedrooms

2

Bathrooms

3

Service Charges

14.68 AED per sqft


Amenities

Central A/C

Balcony

Shared Pool

Shared Spa

Covered Parking

Shared Gym

Lobby in Building


Location

Map preview
The Lofts East
Residential Insights

Price Range:

1.9M-4.8M AED
Downtown Dubai
Community Insights
4.2/5305 building reviews

Luxury | Mostly apartments

Price Range:

850K-179M AED

Price Insights

Transactions for Similar Properties

2 Beds Apartment in The Lofts East

Sold for

DateAEDArea (sqft)
11 Feb 20252,515,0001,241
7 Nov 20243,000,0001,241
14 Oct 20242,375,0001,433
13 Aug 2024550,0001,241
9 Aug 20242,825,0001,295

Rented for

DateAED/yearArea (sqft)
5 Feb 2025150,0001,241
25 Jan 2025175,0001,433
15 Jan 2025100,0001,241
1 Jan 2025173,0001,433
9 Dec 2024190,0001,433
See all transactions in this location

Powered byDataGuru

This property costs 30% less than the average price of 2 bedroom in Downtown Dubai

Average Sale Price is 4,257,046 AED

This property is 10% smaller than the average size of 2 bedroom in Downtown Dubai

Average size is 1,444 sqft

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

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Response time

within 30 minutes

Experience

5 years

Languages

English, Hindi, Urdu

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300,000 AED35,000,000 AED
20%
596,000 AED2,384,000 AED
1 year25 years

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Monthly payment

12,257 AED

with interest rate of

3.75%

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Regulatory information
Regulatory information

Reference

tobe-real-estate--12753916

Listed

8 days ago

Broker License

43471

Zone name

Business Bay

DLD Permit Number:

7122120800

Agent License

56373

DLD Permit Number

Usually responds within 30 minutes

Own this property from just

12,257 AED /month

Fixed rates from: 3.75%

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