Studio, 15 Northside tower
Dubai, Business Bay, 15 Northside, Tower A
Dubai Mall
10-min walk
36 m²
Property area
2023
Construction year
3 out of 21
Floor
1
Bathroom(s)
Built-in wardrobes
Underground parking
Security
Swimming pool
Spa area
Balcony
AC
Stunning views
Kitchen appliances
Gym
$301 370 ($8 559/m²)
1 100 000 AED
Rental yield per year: 6,18%
Bus stop
4-min walk
Price growth rate per year: 8%
TOTAL INVESTMENT AMOUNT: $331 885
  • Unit price: $301 370
  • Renovation price: $1 370
  • Furnishings: $2 740
  • Commission: $6 329
  • DLD fee payment: $12 214
  • Transaction registration: $1 151
  • Transaction legal support: $1 370
  • Power of attorney: $822
  • Manager cheque: $4 521

TOTAL RENTAL YIELD PER YEAR: $31 233
  • Rental payments: $2 603 (per month) / $31 233 (per year)

EXPENSES PER YEAR: $10 728
  • Service charge: $2 087
  • Utilities: $658
  • Internet: $1 266
  • AC: $986
  • AC maintenance: $110
  • Management commission: $5 622

NET RENTAL YIELD PER YEAR: $20 505
or 6,18%
09.02.2024
*
Studio in a building from one of the best developers in Dubai

15 Northside is a residential tower from the developer Select Group, built in 2022 on the banks of the canal in the Business Bay area. High-quality materials were used in the construction, the tower overlooks the canal, the pier, and the Burj Khalifa. The tower is located in the business district of Dubai, where the offices of many companies are concentrated, because of this, the area is in high demand for rent.

10-minute drive to Dubai Mall, 4-minute walk to the bus stop.

● 1 bedroom
● 1 bathroom
● Area: 36 sq m
●.Balcony
● Floor 3 (out of 21)
● With furniture and appliances
● 1 parking space
● Vacant

Key tower features:
  • Infinity pool overlooking Burj Khalifa
  • Jacuzzi, sauna, hammam
  • Two-storey gym and outdoor sports ground
  • Lounge area with panoramic views of the canal and Burj Khalifa
  • In close proximity to the canal and the embankment
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.