Urban Oasis in Business Bay - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for off-plan (pre registration and delayed sell) properties in Urban Oasis

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
Studio	47	22,521	1,054,992
1	66	25,634	1,702,500
2	24	25,545	609,500

Sales prices for completed properties in Urban Oasis

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
1	58	24,991	1,460,000
2	108	20,126	2,180,000

Rents in Urban Oasis

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
Studio	39	1,833	71,500
1	69	1,232	85,000
2	104	1,637	169,929
3	176	1,392	245,000

The cap rate (rental yield) of investments into Urban Oasis project is 6.6% on average.

The price of an apartment in Urban Oasis is 23,146 AED/sqm on average.

The long term rent of an apartment in Urban Oasis is 1,567 AED/sqm/year on average.

Price for off-plan Studio apartment in Urban Oasis is 1,054,992 AED or 22,521 AED/sqm.
Price for off-plan 1 bedroom apartment in Urban Oasis is 1,702,500 AED or 25,634 AED/sqm.
Price for off-plan 2 bedroom apartment in Urban Oasis is 609,500 AED or 25,545 AED/sqm.

Price for completed 1 bedroom apartment in Urban Oasis is 1,460,000 AED or 24,991 AED/sqm.
Price for completed 2 bedroom apartment in Urban Oasis is 2,180,000 AED or 20,126 AED/sqm.

Rent for Studio apartment in Urban Oasis is 71,500 AED or 1,833 AED/sqm.
Rent for 1 bedroom apartment in Urban Oasis is 85,000 AED or 1,232 AED/sqm.
Rent for 2 bedroom apartment in Urban Oasis is 169,929 AED or 1,637 AED/sqm.
Rent for 3 bedroom apartment in Urban Oasis is 245,000 AED or 1,392 AED/sqm.

About Urban Oasis

'Urban Oasis' in 'Business Bay' area project description

The 'Urban Oasis' project in Dubai’s Business Bay area is a sophisticated residential development that epitomizes luxury and modern living. Designed by the renowned Italian fashion house Missoni, this exclusive waterfront property brings the vibrancy of Miami’s lifestyle to Dubai. The project is strategically located along the Dubai Water Canal, providing its residents with unparalleled water views and convenient access to the city’s major attractions such as Downtown Dubai, Dubai Mall, and the Burj Khalifa.

The architectural design of 'Urban Oasis' is a visual spectacle, incorporating sleek, modern lines with Missoni's signature patterns and color schemes. It offers a blend of one, two, three-bedroom apartments, and luxury penthouses, seamlessly integrating indoor and outdoor living spaces. The interior spaces are meticulously designed with high-end finishes, top-quality materials, and bespoke elements that reflect the opulence and attention to detail synonymous with Missoni. Floor-to-ceiling windows maximize natural light and offer panoramic views of the canal and the iconic Dubai skyline.

Residents of Urban Oasis have access to an array of world-class amenities that enhance their lifestyle. These include a state-of-the-art fitness center, an infinity-edge swimming pool overlooking the canal, and beautifully landscaped gardens that offer serene outdoor spaces for relaxation. The development also features exclusive Missoni Home-inspired lounges and public areas, creating a unique and vibrant communal atmosphere. There is a concierge service available to assist residents with various needs, ensuring a seamless living experience.

The location within Business Bay is particularly appealing for professionals and families alike, as it is a burgeoning business hub and offers a multitude of dining, shopping, and entertainment options. The nearby public transportation and major road networks provide easy connectivity to other parts of Dubai, making it an ideal place for those who value both work and leisure balance. The promenade along the Dubai Water Canal is perfect for leisurely walks or jogs, adding to the lifestyle appeal of the location.

'Urban Oasis' not only promises luxurious living spaces but also offers a lifestyle choice aligned with Dubai’s ethos of blending tradition with contemporary living. It stands out as a unique proposition in the Dubai real estate market, combining cutting-edge design, prime location, and exceptional amenities. For investors and end-users alike, it represents an opportunity to own a piece of innovation and style in one of the world’s most dynamic cities.

Q&A on Urban Oasis

What are the advantages of 'Urban Oasis' project in Dubai for property buyers? What are the disadvantages?

Advantages of 'Urban Oasis' Project in Business Bay, Dubai:

1. Prime Location: Situated in the thriving Business Bay area, 'Urban Oasis' offers close proximity to Downtown Dubai, providing easy access to key landmarks such as Burj Khalifa, Dubai Mall, and Dubai Opera.

2. High-Quality Amenities: The project boasts luxurious amenities such as state-of-the-art fitness centers, swimming pools, spas, and landscaped gardens, ensuring a high standard of living.

3. Waterfront Views: Many residential units offer panoramic views of the Dubai Water Canal, enhancing the living experience with scenic vistas.

4. Modern Design and Architecture: Featuring contemporary design and high-quality construction materials, 'Urban Oasis' apartments are aesthetically pleasing and built to last.

5. Investment Potential: Business Bay is a rapidly developing area with high demand for both residential and commercial properties, which can lead to potential capital appreciation and steady rental income.

6. Accessibility: Well-connected with major roads and public transportation, including easy access to the Sheikh Zayed Road and the Dubai Metro, facilitating seamless travel across the city.

Disadvantages of 'Urban Oasis' Project in Business Bay, Dubai:

1. High Property Prices: Given its premium location and luxury features, purchasing property in 'Urban Oasis' can be costly compared to other areas in Dubai.

2. Traffic Congestion: Business Bay is a bustling commercial hub which can lead to significant traffic congestion, especially during peak hours.

3. Construction Noise: Being in a constantly developing area, there is potential for noise pollution from ongoing construction projects nearby.

4. High Cost of Living: The luxurious lifestyle and prime location attract a higher cost of living, including pricier services and amenities in the vicinity.

5. Overcrowding: As a popular and dense area, Business Bay can sometimes feel crowded, which might affect the overall living experience for those accustomed to quieter surroundings.

6. Service Charges: The upscale nature of the project might come with high maintenance and service charges for managing the amenities and common areas.

What projects are better than 'Urban Oasis' project in Dubai which are located close by, and why?

1. The Opus by Zaha Hadid – Renowned for its architectural brilliance, this mixed-use development offers a unique design, integrating residential, office, and hotel spaces. Its innovative design and premium amenities make it a standout.

2. DAMAC Towers by Paramount Hotels & Resorts – Combining luxury with Hollywood-themed interiors, the four-tower complex provides high-end residential units, hotel apartments, and an array of facilities, including dining, fitness, and leisure options.

3. The Pad – This iconic building incorporates advanced technology and offers chic, contemporary apartments with stunning views of the Dubai Canal. Its modern design and cutting-edge features appeal to those seeking a futuristic lifestyle.

4. AYKON City – Featuring a collection of serviced apartments, office spaces, and retail outlets, this ambitious project by DAMAC Properties also includes the AYKON Dare, offering thrilling views from the top of the building, along with a plethora of amenities.

5. SLS Dubai Hotel & Residences – Combining hotel guests and residents with luxurious living spaces that feature high-end finishes, this development stands out with its chic design and extensive leisure facilities, including rooftop infinity pools and fitness centers.

6. Marasi Business Bay – Strategically located along the Dubai Canal, this project offers a marina-focused lifestyle with residences designed to provide waterfront living experiences and amenities, such as floating restaurants and retail outlets.

Key differentiators include iconic architectural designs, cutting-edge technology, and comprehensive lifestyle amenities providing not just high-end living but also unique and engaging experiences.

What are the closest schools to 'Urban Oasis' project in Dubai?

GEMS Our Own Indian School - Al Quoz 1, near Al Khail Road
Horizon English School - Al Safa, Sheikh Zayed Road
Jumeirah English Speaking School (JESS) - Al Safa near Sheikh Zayed Road
Clarion School - Al Quoz 1, near Sheikh Zayed Road
Dubai International School - Al Quoz near Al Khail Road

What are the closest medical clinics to 'Urban Oasis' project in Dubai?

1. Aster Clinic, Business Bay: Located at Clover Bay Tower, Al Abraj Street, Business Bay.
2. Medcare Medical Centre, DIFC: Situated in the Dubai International Financial Centre, Al Fattan Currency House.
3. Emirates Hospital Clinic: Found at Emirates Hospital, Jumeirah Beach Road, near Business Bay.
4. Valiant Clinic and Hospital: Positioned in City Walk, Al Wasl, near the Business Bay area.
5. Mediclinic Parkview Hospital: Located on Umm Suqeim Road, Al Barsha, close to Business Bay.

These clinics offer a range of medical services and are easily accessible from the Urban Oasis project in Business Bay.