2,550,000 AED
Own this from just
10,644 AED/monthCanal Facing View | Hot Deal | Low Floor
Property Type:
Apartment
Service Charges:
15.56 AED per sqft
Location
ATRIA RA
Dubai, Business Bay, Atria Residences
Agent
LIGA LIEPINA
PRIV8 OFFICE
(19 Properties)Amenities
Maids Room
Central A/C
Balcony
Built in Wardrobes
Shared Gym
Children's Play Area
Description
THE ATRIA RESIDENCES
This 2 bedroom + maids room apartment is located The Atria Residences, in Business Bay, Dubai. The development handed over in 2018 and was a significant addition to the Business Bay skyline and was designed by Yoo, a company led by International Superstar Designer, Philippe Starck. This apartment features spacious accommodation with entrance, open plan living, dining, kitchen, separate maids room with ensuite and 2 double bedrooms with built in wardrobes. The property has a superb floorplan with both bedrooms, the kitchen and living room all facing the Business Bay Canal. The property has 2 car parking spaces, a rarity in todays world and fantastic for tenants and end users alike. The Atria features a health club with gym, pool and an indoor multi use court. The property adjoins a hotel and benefits from an all day dining restaurant as well as superb retail options to make every day life that little more comfortable.
The current owner was the initial investor having purchased the property off plan. The project sold out in 24 hours when launched and to this day, commands some of the highest rents in Business Bay. The seller is upsizing his family and this is a reluctant but necessary sale.
SUMMARY
- 2 ensuite Bedrooms
- maids rooms
- open plan living room / dining room / kitchen with appliances
- balconies with canal facing views
- floor to ceiling windows
- 2 parking spaces
- gym, pool, indoor courts
- retail onsite
- adjoining hotel
- vacant on transfer
PRIV8 OFFICE VIEWPOINT
With quality finishings, hotel esque lobby, onsite retail and the benefit of 2 parking spaces, the Atria is a solid investment. Priced just under AED 1850 per sqft (USD $694274/ AED 2,550,000) and commanding rental returns of around 6%, the property offers upside for investors, is ready to move straight in, or rent out. As Downtown prices continue to increases, Business Bay is appreciating and investors have the opportunity to acquire this unit for solid mid to long term returns.
VIEWINGS
7 days a week by appointment
Contact Asset Manager on +971 54 3456 003 | dm@privateoffice.com
Exclusive agency agreement held on this property
INVESTORS
The PRIV8 OFFICE is the exclusive real estate division of Asset Capital Solutions. Our team of Directors have been active in the Dubai Real Estate market since 2001 and we manage ultra high net worth clients and portfolios. We work on an exclusive basis only and enjoy one to one relationships with our clients. The PRIV8 OFFICE is for private individuals who value discretion, performance and accountability when it comes to Investment. [link not available]
OTHER SERVICES
Our team within our group of companies offer a full end to end service for investors
- Company Formation
- Bank Account Opening
- Investor Visa, Employment Visa, Family Visa
- Retail Consulting
- Financial Services
- Asset Management
- Property Management
- Buying, Selling, Renting
Trakheesi No: 7117548383
BRN No:25540
ORN No: 2513
Transactions for Similar Properties
2 Beds Apartment in ATRIA RA
Sold for
Date | AED | Area (sqft) |
---|---|---|
26 Mar 2024 | 2,382,497 | 2,094 |
16 Feb 2024 | 2,069,299 | 1,572 |
20 Dec 2023 | 1,963,276 | 1,491 |
12 Dec 2023 | 2,069,286 | 1,572 |
30 Nov 2023 | 1,965,107 | 1,492 |
Rented for
Date | AED/year | Area (sqft) |
---|---|---|
24 May 2024 | 145,000 | 1,572 |
22 May 2024 | 145,000 | 1,535 |
19 May 2024 | 121,000 | 1,492 |
18 May 2024 | 140,000 | 1,558 |
15 May 2024 | 137,500 | 1,496 |
Powered byDataGuru
This property costs 14% less than the average price of 2 bedroom in Business Bay
Average Sale Price is 2,974,560 AED
This property is 6% bigger than the average size of 2 bedroom in Business Bay
Average size is 1,412 sqft
The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Business Bay
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Monthly payment
10,644 AED
with interest rate of
3.89%
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Fixed rates from: 3.89%
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