For SaleapartmentRef: AP7897

Elegantly Furnished | High Floor | Resort Style

Business Bay

AED 1,800,000

1

Bedroom

2

Bathrooms

951

Sq Ft

Property Type

Apartment

Status

For Sale

Reference

AP7897

About this Property

SY Capital proudly presents this elegant 1-bedroom apartment in Tower B, DAMAC Towers by Paramount Hotels & Resorts, located in the heart of Business Bay. Inspired by Hollywood glamour and offering premium hotel-style living, this beautifully furnished residence is ideal for professionals seeking luxury, comfort, and convenience.

Property Features: 1 Spacious Bedroom 2 Modern Bathrooms Built-up Area: 951 sq. ft. Fully Furnished Bright Open-Plan Living & Dining Area Private Balcony with Skyline Views Modern Kitchen with Premium Appliances Built-in Wardrobes Floor-to-Ceiling Windows Covered Parking

Building Amenities: Resort-Style Swimming Pool Fully Equipped Fitness Centre Luxury Spa & Wellness Facilities Concierge & Reception Services Landscaped Leisure Areas BBQ Area 24/7 Security Covered Parking Pet-Friendly Community Hotel-Inspired Lifestyle Services

Prime Location: 3 Minutes – Downtown Dubai 5 Minutes – Burj Khalifa & The Dubai Mall 10 Minutes – DIFC 15 Minutes – Dubai International Airport Easy access to Sheikh Zayed Road and Al Khail Road

For more information, please do not hesitate to contact us. SY Capital Estates LLC RERA ORN: 24569

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Loan amountAED 1,440,000

Estimated monthly payment

AED 8,004

Total interest over term: AED 961,196

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10-year residency eligibility

Add AED 200,000 to reach the AED 2,000,000 threshold.

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Rental Yield Calculator

Gross & net return on investment

Gross yield

5.6%

Net yield

4.0%

Net of service charge (AED 14,265/yr), ~6% void & 5% management; net yield on price + 4% DLD transfer. Net operating income AED 74,735/yr.

Asking Price

AED 1,800,000

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