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Loft apartment, Bay Square

Loft apartment, Bay Square

AED 2.15 m

Business Bay

Bay Square Building 8, Business Bay

A genuine double-height loft rather than a one-bed with a tall ceiling in the hall. Low-rise, walkable block, and the canal promenade is one street away.

Highlights

1,020 sq ft12Double heightCanal walkGym1 parking

The numbers

Tenure

Freehold

Service charge

AED 15.10 / sq ft / year

Annual service charge

≈ AED 15,400

Furnishing

Unfurnished

Availability

Tenanted until 2 Sep 2026

DLD transfer fee

AED 86,000 (4%)

What is wrong with it

One bedroom at 1,020 sq ft is a poor rental yield play — it lets like a one-bed and is priced like a small two. Buy it to live in.

DLD permit 7118-9034 (mock) · Advertised by Sakan Real Estate Brokers LLC, RERA ORN 28114 (mock)

Omar Siddiqui

Omar Siddiqui

Consultant, investment

BRN 47355

Builds the net yield — after service charge, after management, after void — rather than the gross number the portals print.

Viewings run 30 minutes. We will send the last three comparable DLD transactions on this street before you come, not after you offer.

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