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AED 917,000 
Yogesh Yerikireddi,CRC
Yogesh Yerikireddi
CRC

GOOD ROI | INVESTMENT DEAL | BUSINESS BAY

Office for sale in Sobha Sapphire, Business Bay

886 AED/sq.ft
1,035 sq. ft
Partitioned
RERA: 97
Permit: 6731374100
Ref: BHM-S-176862
Listed: 7 months ago

This Office is represented by CRC

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

CRC Better Homes is happy to present you a tenanted sale in high end tower in the Business Bay. Office Features: Size: 1035.06 Fully Fitted Partitioned Furnished Tenanted till Feb 2022 High End Tenant Reserved Parking Best Deal Next to Al Khail Road Sobha Sapphire is a 20-story office building in Business Bay, Dubai. The development contains a total of 162 units. Construction began in 2008 and was completed by 2011. The project was developed by Sobha Ventures Limited. From Sobha Sapphire, it takes roughly nine minutes to drive to Dubai Mall, 17 minutes to Palm Jumeirah, 15 minutes to Burj Al Arab, and 20 minutes to The Walk JBR. Dubai International Airport (DXB) is roughly 17 minutes drive and the new Al Maktoum International Airport is roughly 37 minutes drive. All durations are calculated by Google Maps and assume the fastest route in typical traffic conditions. The building has approximately 240,000 sq ft of office space and 20,000 sq ft of retail space, with 10 units on the ground floor. The offices range in size from 1,100 sq ft to 2,300 sq ft. Sobha Sapphire is one of the very few office towers with landscaped terraces and retail outlets, all within the same complex.

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Investment Opportunity: Charges & Yield

Investing in this property promises a 5.09% yearly net return from an annual rental price of AED 67,379 and accounting for a sum of AED 20,679 covering yearly service charges.
Sale Price
AED
Annual Rental Price
AED
Area
SQFT
Service charges in Sobha Sapphire, Business Bay, Dubai
AED 19.98 per sq ft
Yearly service charges
AED 20,679
Yearly Net Returns
5.09%