Unit ID: U1402778
5% Rental Yield
Executive Towers, Business Bay,Dubai
AED2,600,000
1 Bedroom
1.5
Bathrooms
1,099 Sqft
Size
Mid
Floor
Dec 2019
Completed

About This Apartment

This property is a 1,099 Sqft apartment with 1 bedroom and 1.5 bathroom that is available for sale. It is part of the project in Executive Towers, Dubai and was completed in Dec 2019. You can buy this apartment for a base price of AED2,600,000 (AED2,366/Sqft) and it is also available for long term rentals starting from AED11,666 per month.

Features

TerraceTerrace Wifi IncludedWifi Included Full Western KitchenFull Western Kitchen BathtubBathtub OvenOven TVTV Cable TVCable TV

Basic Information

Date Listed May 2, 2023
Updated 1 year ago
Property Type Apartment
Floor Mid
Bedroom 1
Size 1,099 Sqft
Price per Sqft AED2,366
Pets Cats and Dogs (all sizes)
Apartment Ownership
Foreign Quota
Furniture
A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
Fully Furnished
View(s) Partial Sea View, City View, Pool View
Unit Type N/A
Building N/A
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
N/A
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1402778

Investment Opportunity: Charges & Yield

Sale Price
AED2,600,000
Rent
AED11,666/mo
Price-to-Rent Ratio
The price-to-rent ratio is calculated at the individual home level, where the sales price is divided by 12 times its monthly rent price.
19
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
5%

Project Details

Developer: Damac Properties
Construction: Completed (Dec 2019)
Floors: 69
Buildings: 4
Units: 1200
Project Area: N/A
Nearest Landmark Business Bay Metro Station - 0.8 Km
Location: Executive Towers, Dubai
DAMAC Towers by Paramount Project Details

Project Features

On Site Restaurant On Site Restaurant
Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Spa Spa
Reception / Lobby Area Reception / Lobby Area

Popular Facilities at DAMAC Towers by Paramount

  • Communal Pool
    1st Floor
  • Communal Gym
    1st Floor

Available Units at DAMAC Towers by Paramount

For Sale 12 For Rent 2
Available Units at DAMAC Towers by Paramount
AED1,800,000
AED1,706/Sqft
Beds 1 Beds
Baths 1 Baths
Size 1,055 Sqft Size
Foreign Quota Fully Furnished Pool View
Available Units at DAMAC Towers by Paramount
AED720,000
AED1,510/Sqft
Beds 1 Beds
Baths 1 Baths
Size 477 Sqft Size
Foreign Quota Fully Furnished Burj Khalifa View
Available Units at DAMAC Towers by Paramount
AED1,326,000
AED2,115/Sqft
Beds Studio Beds
Baths 1 Baths
Size 627 Sqft Size
Foreign Quota Fully Furnished City View
Available Units at DAMAC Towers by Paramount
AED870,000
AED1,783/Sqft
Beds Studio Beds
Baths 1 Baths
Size 488 Sqft Size
Foreign Quota Fully Furnished City View
Available Units at DAMAC Towers by Paramount
AED2,600,000
AED2,366/Sqft
Beds 1 Beds
Baths 1 Baths
Size 1,099 Sqft Size
Foreign Quota Fully Furnished Partial Sea View
Available Units at DAMAC Towers by Paramount
AED3,500,000
AED1,753/Sqft
Beds 3 Beds
Baths 3 Baths
Size 1,997 Sqft Size
Foreign Quota Fully Furnished City View
Available Units at DAMAC Towers by Paramount
AED2,434,000AED2,633,000
AED1,693/Sqft
Beds 1 Beds
Baths 1 Baths
Size 1,437 Sqft Size
Floor 8 Floor
Foreign Quota Unfurnished City View
Available Units at DAMAC Towers by Paramount
AED2,600,000
AED1,736/Sqft
Beds 2 Beds
Baths 2 Baths
Size 1,498 Sqft Size
Foreign Quota Fully Furnished City View
Available Units at DAMAC Towers by Paramount
AED1,800,000
AED1,927/Sqft
Beds 1 Beds
Baths 1 Baths
Size 934 Sqft Size
Foreign Quota Fully Furnished City View
Available Units at DAMAC Towers by Paramount
AED2,200,000
AED1,913/Sqft
Beds 1 Beds
Baths 1 Baths
Size 1,150 Sqft Size
Foreign Quota Fully Furnished City View
Available Units at DAMAC Towers by Paramount
AED1,800,000
AED2,118/Sqft
Beds 1 Beds
Baths 1 Baths
Size 850 Sqft Size
Foreign Quota Fully Furnished City View
Available Units at DAMAC Towers by Paramount
AED900,000
AED1,907/Sqft
Beds Studio Beds
Baths 1 Baths
Size 472 Sqft Size
Foreign Quota Unfurnished City View
Get notified when new homes are being added to DAMAC Towers by Paramount
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Frequently Asked Questions

Business Bay Metro Station is the nearest Metro Station from DAMAC Towers by Paramount and it is 0.8 km away.

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Dubai
Executive Towers

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Location and Neighborhood

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Projects Nearby DAMAC Towers by Paramount

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Year Built
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Project Name
Tower B
Location
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Number of units
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AED1.2M - AED3.8M
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Year Built
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Location
Executive Towers, Business Bay, Dubai
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Location
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Number of units
N/A
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AED880K - AED6.9M
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Year Built
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Completion Status
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Project Name
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Location
Executive Towers, Business Bay, Dubai
Number of units
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AED1M - AED1.2M
Monthly Rentals
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Year Built
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Bayz101 by Danube
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Executive Towers, Business Bay, Dubai
Number of units
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AED2.32M - AED3.92M
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Project Name
Executive Tower L
Location
Executive Towers, Business Bay, Dubai
Number of units
N/A
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AED840K - AED2.7M
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N/A
Year Built
N/A
Completion Status
Completed
Location
Executive Towers, Business Bay, Dubai
Number of units
N/A
Sales Prices
AED2.63M - AED3M
Monthly Rentals
N/A
Year Built
N/A
Completion Status
Completed
Project Name
Executive Tower H
Location
Executive Towers, Business Bay, Dubai
Number of units
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AED2.8M - AED5.9M
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N/A
Year Built
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Completion Status
Completed
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