Hub Canal 1 Tower in Dubai Sports City - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for completed properties in Hub Canal 1 Tower

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
1	87	8,499	742,500

Rents in Hub Canal 1 Tower

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
1	80	749	59,900

The cap rate (rental yield) of investments into Hub Canal 1 Tower project is 8.8% on average.

The price of an apartment in Hub Canal 1 Tower is 8,499 AED/sqm on average.

The long term rent of an apartment in Hub Canal 1 Tower is 749 AED/sqm/year on average.

Price for completed 1 bedroom apartment in Hub Canal 1 Tower is 742,500 AED or 8,499 AED/sqm.

Rent for 1 bedroom apartment in Hub Canal 1 Tower is 59,900 AED or 749 AED/sqm.

About Hub Canal 1 Tower

'Hub Canal 1 Tower' in 'Dubai Sports City' area project description

The Hub Canal 1 Tower is a new residential and commercial development located in Dubai, UAE. The project is being developed by the Dubai-based real estate company, Hub Canal Real Estate. The project is located in the heart of Dubai's business district, Business Bay, and is set to become one of the most iconic buildings in the city.

The Hub Canal 1 Tower is a mixed-use development that will feature both residential and commercial spaces. The residential component will include luxury apartments, while the commercial component will include offices, retail stores, and restaurants. The tower will also feature a rooftop terrace, a swimming pool, and a fitness center. The development will also include a parking garage and a variety of amenities.

The Hub Canal 1 Tower is designed to be a modern and luxurious development that will stand out in the city. The tower will feature a unique design that combines contemporary and traditional elements. The building will be constructed using high-quality materials, and the interior will be designed to provide a comfortable and luxurious living experience. The development will also feature a variety of amenities, such as a rooftop terrace, a swimming pool, and a fitness center.

The Hub Canal 1 Tower is set to become one of the most iconic buildings in Dubai. The development will be a symbol of the city's modernity and sophistication. The project is expected to be completed in 2021, and it will be a great addition to the city's skyline. The development will provide residents and businesses with a luxurious and comfortable living and working experience.

Q&A on Hub Canal 1 Tower

What are the advantages of 'Hub Canal 1 Tower' project in Dubai for property buyers? What are the disadvantages?

1. Prime Location: The Hub Canal 1 Tower is located in the heart of Dubai, close to the iconic Burj Khalifa, Dubai Mall, and the Dubai International Financial Centre. This makes it an ideal location for real estate buyers looking to be close to the city’s major attractions.

2. High-end Amenities: The Hub Canal 1 Tower offers high-end amenities such as a swimming pool, gym, and a luxurious spa. This makes it an attractive option for real estate buyers looking for a luxurious lifestyle.

3. Affordable Prices: Despite its prime location and luxurious amenities, the Hub Canal 1 Tower offers competitive prices for real estate buyers. This makes it an attractive option for those looking for a great deal.

4. Easy Accessibility: The Hub Canal 1 Tower is easily accessible from all parts of the city, making it a convenient option for real estate buyers. The tower is also close to major transportation hubs, making it easy to get around.

What projects are better than 'Hub Canal 1 Tower' project in Dubai which are located close by, and why?

Victory Heights:
- Comprehensive lifestyle offering with extensive amenities
- Lush, landscaped surroundings and parks
- Variety of property types including villas and townhouses
- Quiet, family-friendly environment

The Matrix:
- Stylish, contemporary design
- High-end fitness facilities and swimming pool
- Proximity to retail outlets and dining options
- Offers panoramic views of the city and golf course

The Elite Sports Residences:
- High-quality finishes and modern interiors
- Numerous on-site amenities such as gym, pools, and 24-hour security
- Close to sports fields and academies
- Competitive pricing for the quality offered

Royal Residence:
- Elegant and spacious units
- Amenities like swimming pool, gym, and sauna
- Undercover parking and concierge services
- Positioned close to shopping and entertainment spots

Oasis Tower:
- Modern architecture with appealing aesthetics
- Well-equipped gym and leisure facilities
- Convenient access to major road networks
- Strong rental yields and investment potential

These projects offer better amenities, more modern designs, and appealing surroundings, making them favorable options compared to Hub Canal 1 Tower.