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2 BR — Business Bay Canal, Privé Residences, Business BaySample listing
Business Bay · Dubai

2 BR — Business Bay Canal

2 beds · 1,090 sq ft · Privé Residences

  • Canal view
  • Short-let OK
Asking rent

AED 145,000/ year

14% below market
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

Recent rentals in Privé Residences
DateBedroomsSizeAnnual rent (AED)AED / sq ft
16 May 20262 beds1,101 sq ft151,000137
21 Apr 20262 beds1,134 sq ft173,000153
26 Mar 20262 beds1,068 sq ft195,000183
4 Feb 20262 beds1,101 sq ft165,000150
9 Jan 20262 beds1,134 sq ft186,000164
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.

Map of Business Bay, Dubai

The pin marks the area, not the exact building.

Open in Google Maps

AED 145,000

per year, asking