Central canal-side business district next to Downtown, with continuous new handovers. This page sets out the current asking-price band for apartments in Business Bay, the gross yields investors are underwriting, and every one-off cost you pay on top.
Worked on a mid-range unit of 910 sq ft at AED 2,000 per sq ft. Figures are indicative market ranges, not an offer on any specific property.
| Indicative purchase price | AED 1,820,000 |
|---|---|
| Land-department transfer fee (4%) | AED 72,800 |
| Agency commission (2% + VAT) | AED 38,220 |
| Trustee & registration | AED 4,000–6,000 |
| All-in one-off costs | ≈ 6.1% of price |
| Indicative gross annual rent | AED 131,950 |
| Annual service charge | AED 16,380 (AED 14–22/sq ft) |
| Indicative net yield after service charge | 6.3% |
| Annual property tax | 0% — the UAE levies none |
| Tax on rental income (UAE) | 0% |
Net yield excludes management fees, vacancy and maintenance. Assume 8–12% of gross rent for a managed long-let and more for short lets.
Young professionals and holiday-home operators; short-let permits are widely used here.
Heavy incoming supply means rent growth is uneven between towers. Building quality varies far more than the postcode suggests.
Lowest entry ticket, deepest resale liquidity and the easiest asset to let out remotely, offset by annual service charges billed per square foot.
At AED 950K entry, a single unit typically supports the 2-year investor visa (from around AED 750,000). Reaching the AED 2 million Golden Visa threshold usually means combining registered properties. Non-residents can generally borrow 50–60% loan-to-value from UAE banks, residents up to 80% on a first home, subject to income and age criteria.
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OPAVITA is an introduction service, not a licensed broker. Ranges on this page are indicative market data for orientation; no specific property, project or price is offered.