1 bedroom, Ahad Residences tower
Dubai, Business Bay, Ahad Residences
Metro station
12-min walk
42 m²
Property area
Q4 2023
Handover year
5 out of 31
Floor
1
Bathroom(s)
Built-in wardrobes
Underground parking
Security
Swimming pool
Spa area
Balcony
AC
Stunning views
Kitchen appliances
Gym
$301 370 ($7 114/m²)
1 100 000 AED
Rental yield: 5,72%
Bay Avenue
10-min walk
Price growth rate per year: 8%
TOTAL INVESTMENT AMOUNT: $336 817
  • Unit price: $301 370
  • Renovation price: $1 370
  • Furnishings: $6 849
  • Commission: $6 329
  • DLD payment: $12 214
  • Transaction registration: $1 151
  • Transaction legal support: $2 192
  • Power of attorney: $822
  • Manager cheque: $4 521

TOTAL RENTAL YIELD PER YEAR: $29 918
  • Rent payments: $2 493 (per month) / $29 918 (per year)

EXPENSES PER YEAR: $10 653
  • Service charge: $2 249
  • Utilities: $658
  • Internet: $1 266
  • AC: $986
  • AC maintenance: $110
  • Management commission: $5 385

NET RENTAL YIELD PER YEAR: $19 265
or 5,72%
RESALE
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
  • 2 bathrooms
  • 1 balcony with canal view
  • Area: 42 sq.m.
  • Floor 5 (out of 31)
  • Unfurnished, with appliances
  • 1 parking place
  • Vacant

Key tower features:
  • 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 an ever-evolving district that is considered one of the trendiest right now.

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.