1 bedroom, Ahad Residences
Dubai, Business Bay, Ahad Residences
Metro station
12-min walk
Bay Avenue
10-min walk
18.05.2024
64 m²
Property area
2023
Construction date
13 out of 31
Floor
1
Bathroom(s)
Rental return: 5,82%
Price growth rate per year: 15%
TOTAL INVESTMENT AMOUNT: $521 858
  • Unit price: $438 356
  • Renovation price: $1 370
  • Furnishings: $9 589
  • Commission: $9 205
  • DLD fee payment: $17 693
  • Transaction registration: $1 151
  • Transaction legal support: $2 192
  • Power of attorney: $1 096
  • Manager cheque: $6 575

TOTAL RENTAL RETURN PER YEAR: $44 384
Rent payments: $3 699 (per month) / $44 384 (per year)

EXPENSES PER YEAR: $16 051
  • Service charge: $3 289
  • Utilities: $1 315
  • Internet: $1 266
  • AC: $1 973
  • AC maintenance: $219
  • Management commission: $7 989

NET RENTAL YIELD PER YEAR: $28 333
or 5,82%
EJARI rental return: 5,78%
$438 356 ($6 878/m²)
1 600 000 AED
Built-in wardrobes
Underground parking
Security
Swimming pool
Spa area
Balcony
AC
Stunning views
Kitchen appliances
Gym
Ahad Residencies is a new residential development by developer Ahad Real Estate Development in Dubai's Business Bay neighborhood. Completion is scheduled for December 2023.

12-minute walk to Business Bay Metro, 10-minute walk to Bay Avenue

  • 1 bedroom
  • 1 bathroom
  • 1 balcony
  • View of the community
  • Area: 64 sq.m
  • Floor 13 (out of 31)
  • Unfurnished
  • 1 parking space
  • Vacant

Key tower advantages:
  • Swimming pool, Jacuzzi, sauna and hammam
  • Gym
  • Children's playground
  • Excellent transportation accessibility
  • Close to Bay Avenue, where there is a supermarket, cafes, stores and a park
Business Bay is located between the Dubai Water Canal and the Downtown area, close to the metro stations and major traffic arteries as well as a few minutes away by car from the DXB Airport, Dubai Design District, DIFC and DWTC World Center.

The infrastructure of each neighborhood includes everything necessary for work and comfortable living, for example, modern offices, gyms, restaurants, pools and shopping malls.

There are a lot of kindergartens in the community, for example, Kolibri (Hummingbird), Maple Bear, Blossoms, Churchill Towers as well as schools, such as Jumeirah и Safa, Al Quoz, GEMS и Gems Wellington.

Emirates Hospital Clinic is considered one of the best hospitals in the area and is renowned for its excellent diagnostics and experts.

The main attractions of Business Bay are the Al Habtoor City mixed-use complex, the unique La Perle aqua-theatre as well as a variety of panoramic lounges with the great Burj Khalifa views.

Business Bay has previously been announced the best real estate investment area in Dubai. Housing prices have grown by 17% in 2 years in this neighborhood and can be regarded as one of the fastest growth rates on the Dubai real estate market.