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AED 1,250,000 
Shahid Iqbal,Aqua Properties
Shahid Iqbal
Aqua Properties

Office | Iris Bay | Fitted | Superb View

Office for sale in Iris Bay, Business Bay

824 AED/sq.ft
1,517 sq. ft
Shell & Core
3 Parking
RERA: 303
Permit: 7117813068
Ref: AQ-S-21-00786
Listed: 2 months ago

This Office is represented by Aqua Properties

Aqua Properties is part of the UAE's largest real estate agencies that chose to partner with houza.

AQUA Properties is proud to offer this retail space for sale in Iris Bay, Business Bay. It is a fully fitted retail commercial space with a total size of 1,516.96 square feet (as per title deed). The unit offers nice community views and features a common washroom and pantry area. Located in Business Bay, it covers the basic needs of the owners and the tenants with facilities such as high-speed elevators and a state-of-the-art security system. Property details: - Shell and core office - BUA: 1,516.96 sq. ft. - Community view - High floor - 3 Parking spaces Amenities and facilities: - Health facilities - Gymnasium - Multi-level car park - 24/7 security and surveillance cameras. Business Bay is one of the trendy residential and professional hubs, set amidst the gleaming waters of the Dubai Canal. It is neighbours with Dubai’s quintessential neighbourhood, Downtown Dubai. It is a sought-after destination for investors. With a selection of residential units, hotel apartments and hotels, it has grown into a coveted address in the city eliciting an equal amount of interest from renters, buyers and tourists.

Find this property in Iris Bay, Business Bay

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Investment Opportunity: Charges & Yield

Investing in this property promises a 7.27% yearly net return from an annual rental price of AED 116,275 and accounting for a sum of AED 25,348 covering yearly service charges.
Sale Price
AED
Annual Rental Price
AED
Area
SQFT
Service charges in Iris Bay, Business Bay, Dubai
AED 16.71 per sq ft
Yearly service charges
AED 25,348
Yearly Net Returns
7.27%