For Sale:
Dubai Apartments
Business Bay
The First Collection Business Bay
Bayut - B-AS-107212
Prime Location  | Fractional Share | Furnished
Checked
12
AED460,000
The First Collection Business Bay, Business Bay, Dubai
Studio
1 Bath
383 sqft

Prime Location | Fractional Share | Furnished

Deluxe double bed room, 383 sqft in size, fully furnished with balcony facing the International Business Tower view.
Hotel looks after booking of short-term stays, cleaning and all maintenance.
Income Split: Hotel 60% - 40% Investor
Hotel pays out income twice a year. Property must be fully paid off to receive income.
Expected annual net RoI: 8-9%
Convenient and completely passive investment option. Let the hotel do the work and simply collect your money.
Demand for short term stays is always high in the Business Bay area for holiday makers and for people on business travels.
The 4-star hotel has all the amenities one requires during a short-term stay including a pool, lounge, meeting rooms, cafe and restaurant.
The location is very strong as it is just a 17-minute drive from Dubai International Airport, 13-minutes from Burj Khalifa & Dubai Mall.
The Meydan Racecourse is only a 14-minute journey and the lavish Palm Jumeirah only a 20-minute drive.

Please note that quarter of this property is for sale only. 96 sqft is owned by the investor while the remaining 287 sqft is owned by the hotel. Hotel maintains full control of the unit.

¶ Property Features:
✅ Built In Wardrobes
✅ Balcony
✅ High floor
✅ Investment Property
✅ Air Conditioning
✅ Fitness Centre
✅ Shared Pool



fam Properties
Contact Us -
Toll free: 800fam
Email: jimipol.
Visit our website: famproperties. com
Office Registration no: 1858
RERA Broker ID: 8976
Permit No:

Property Information

  • TypeApartment
  • PurposeFor Sale
  • Reference no.Bayut - B-AS-107212
  • CompletionReady
  • FurnishingFurnished
  • Average Rent
  • Added on20 March 2024

Features / Amenities

Balcony or Terrace

Trends

*These trends are calculated using a proprietary algorithm based on prices advertised on Bayut.**Popularity is based on searches conducted by users on Bayut over the last quarter.

Mortgage

Location & Nearby

Location
Schools
Restaurants
Hospitals
Parks

Recommended for you

Studio for Sale in Al Quoz, Dubai - WhatsApp Image 2024-03-21 at 11.09. 03 AM (1). jpeg
on 4th of April 2024

AED430,000

Studio1

400 sqft

Al Khail Heights, Al Quoz 4, Al Quoz, Dubai

Tree House Real Estate
Studio for Sale in Business Bay, Dubai - Studio | Furnished | | High Floor | High ROI
on 26th of March 2024
History

AED715,000

Studio1

442 sqft

Park Central, Business Bay, Dubai

Betterhomes - Business Bay
Studio for Sale in Business Bay, Dubai - Business Hub Area | Available | Modern Unit
Checked
History

AED707,000

Studio1

471 sqft

The Court Tower, Business Bay, Dubai

9 Properties