2 BR — Business Bay Canal
2 beds · 1,090 sq ft · Privé Residences
- Canal view
- Short-let OK
Asking rent
14% below marketAED 145,000/ year
- Market rent
- AED 168,000 / year
- Below market by
- AED 23,000 / year
- Saved over 3 years
- AED 69,000
Key facts
The home.
- Bedrooms
- 2 beds
- Size
- 1,090 sq ft
- Property type
- Apartment
- Floor
- 18
- View
- Canal
- Building
- Privé Residences
- Developer
- Damac
- Service charge
- AED 16,350 / year
- Holiday-home use
- Allowed
Signal
Deal score.
How strong this rental is, from 0 to 100.
0
- Area88 / 100
- Price88 / 100
- Demand83 / 100
- Room to negotiate83 / 100
- Building86 / 100
Due diligence
Things to check.
Flags raised by this rental's own numbers. Not advice.
Auto-generated
No flags. This rental looks clean on the numbers we have.
Comparables
Rented in Privé Residences.
Sample comparables, modelled on tenancy registrations in the same building.
- Lowest
- AED 148,000
- Average
- AED 170,429
- Highest
- AED 195,000
This home sits below the building averageAED 25,429 less a year
| Date | Bedrooms | Size | Annual rent (AED) | AED / sq ft |
|---|---|---|---|---|
| 16 May 2026 | 2 beds | 1,101 sq ft | 151,000 | 137 |
| 21 Apr 2026 | 2 beds | 1,134 sq ft | 173,000 | 153 |
| 26 Mar 2026 | 2 beds | 1,068 sq ft | 195,000 | 183 |
| 4 Feb 2026 | 2 beds | 1,101 sq ft | 165,000 | 150 |
| 9 Jan 2026 | 2 beds | 1,134 sq ft | 186,000 | 164 |
Upside
Short-let potential.
What this home could earn as a holiday let, against the annual lease.
Quick estimate
- Short-let nightly rateLease equivalent: AED 397 a night
- AED 635
- Annual gross
- AED 185,420
- Management fee (15%)
- − AED 27,813
- Net income
- AED 157,607
Uplift against the annual lease
After management fees
+ AED 12,607+9%
Indicative only. Short-let income moves with season, fees and holiday-home permits. Always confirm the building allows holiday-home use.
Location
In Business Bay.
The pin marks the area, not the exact building.
Open in Google MapsAED 145,000
per year, asking
