The Residence At Business Central in Business Bay - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Rents in The Residence At Business Central

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
1	86	1,079	92,751
2	124	1,234	153,000

The cap rate (rental yield) of investments into The Residence At Business Central project is 7.6% on average.

The price of an apartment in The Residence At Business Central is 15,200 AED/sqm on average.

The long term rent of an apartment in The Residence At Business Central is 1,170 AED/sqm/year on average.

Rent for 1 bedroom apartment in The Residence At Business Central is 92,751 AED or 1,079 AED/sqm.
Rent for 2 bedroom apartment in The Residence At Business Central is 153,000 AED or 1,234 AED/sqm.

About The Residence At Business Central

'The Residence At Business Central' in 'Business Bay' area project description

The Residence at Business Central is a luxurious residential development located in the heart of Dubai’s Business Bay. The project is a joint venture between Dubai Properties and the renowned Al Futtaim Group, and is designed to offer a unique and luxurious lifestyle to its residents.

The project consists of two towers, each of which is 40 storeys high. The towers are connected by a podium level, which houses a variety of amenities and facilities. The towers feature a range of one, two and three bedroom apartments, as well as duplexes and penthouses. All of the apartments are designed to the highest standards, with modern interiors and high-end finishes.

The Residence at Business Central offers a range of amenities and facilities for its residents. These include a fully-equipped gym, a swimming pool, a sauna, a steam room, a Jacuzzi, a children’s play area, a business centre, a multi-purpose hall and a rooftop terrace. The development also features a selection of retail outlets, restaurants and cafes.

The Residence at Business Central is conveniently located in the heart of Dubai’s Business Bay, just minutes away from the Dubai Mall and the Burj Khalifa. It is also close to the Dubai International Financial Centre, the Dubai World Trade Centre and the Dubai International Airport.

The Residence at Business Central is an ideal choice for those looking for a luxurious and convenient lifestyle in the heart of Dubai. With its high-end finishes, modern interiors and range of amenities and facilities, it is the perfect place to call home.

Q&A on The Residence At Business Central

What are the advantages of 'The Residence At Business Central' project in Dubai for property buyers? What are the disadvantages?

1. Prime Location: The Residence at Business Central is located in the heart of Dubai’s business district, offering easy access to the city’s major attractions, shopping malls, and entertainment venues.

2. Luxury Amenities: The project offers luxurious amenities such as a swimming pool, gym, and spa.

3. High Quality Construction: The project is built with high-quality materials and features modern designs.

4. Affordable Prices: The Residence at Business Central offers competitive prices for its units, making it an attractive option for real estate buyers.

5. Flexible Payment Plans: The project offers flexible payment plans, allowing buyers to pay in installments over a period of time.

6. Rental Opportunities: The project offers rental opportunities, allowing buyers to generate rental income from their units.

What projects are better than 'The Residence At Business Central' project in Dubai which are located close by, and why?

1. Paramount Tower Hotels & Residences:
- Luxury Lifestyle: Exudes Hollywood glamour with interiors and amenities inspired by Paramount Pictures.
- Facilities: Offers lavish facilities including a rooftop infinity pool, high-end restaurants, and a wellness center.
- Investment Potential: High demand for branded residences tends to drive better capital appreciation and rental yields.

2. The Atria by Deyaar:
- Architectural Design: Distinguished by its modern and urban architectural design crafted by Yoo Studio.
- Amenities: Features top-tier amenities such as a luxurious spa, gym, tennis courts, and a retail area.
- Mixed-Use Development: Contains both hotel apartments and residential units, providing flexible investment options.

3. Executive Towers:
- Community Living: Offers a well-integrated community with landscaped parks, a retail promenade, and ample leisure spaces.
- Accessibility: Close proximity to the Business Bay metro station and key highways for easier commutes.
- Variety of Units: Availability of a broad range of unit types, from studios to large family apartments.

4. Damac Towers by Paramount:
- Branded Residences: Offers the prestige of living in a branded residence with high-quality finishing and service standards.
- Comprehensive Amenities: Includes luxury spas, state-of-the-art fitness centers, fine dining options, and entertainment facilities.
- Investment Attractiveness: Strong brand affiliation often translates to higher rental yields and value retention.

5. The Pad:
- Innovative Design: Known for its unique architecture influenced by technology, providing a futuristic living experience.
- Smart Living: Incorporates smart home features and advanced tech solutions for enhanced convenience and modern living.
- Artistically Inspired: Interior design and common areas inspired by the vibrant art scene, appealing to creative professionals.

6. Vezul Residence:
- Modern Comfort: Offers a mix of modern amenities and homely comforts with spacious layouts and high-quality materials.
- Family-Friendly: Focus on family-oriented facilities including children's play areas, family pools, and community living spaces.
- Competitive Pricing: Provides good value for money in terms of cost per square foot without compromising on quality.

Each of these projects benefits from their strategic location within Business Bay, unique amenities, and investment potential, making them attractive alternatives to 'The Residence At Business Central'.