AED1,350,000

Own this from just

5,553 AED/month
1 Bedroom
1 Bathroom
627 sqft / 58 sqm
APARTMENT FOR SALE IN LUXURY FAMILY RESIDENCES II, LUXURY FAMILY RESIDENCES

PHPP | -23% from OP | Ready Unit

Description:
1-bedroom residential apartment in Mama Shelter, Business Bay.
This is not a hotel room, but a fully private residence located in a unique mixed-use building:
hotel floors up to level 14, and residential apartments above.
Residents benefit from full hotel-level services including concierge, housekeeping, and F&B access.

Unit Details:
• 1 Bedroom
• 58 sqm
• High floor
• City view towards Burj Khalifa and canal
• Fully furnished
• Parking included
The apartment is move-in ready and comes fully equipped, including kitchenware.
It has never been rented out, used only occasionally by the owner, so the condition is excellent.

Smart Living:
The unit is equipped with a full smart home system:
• Control AC, lighting, and ambiance
• Order cleaning or food directly
• Prepare the apartment remotely before arrival

Building Features:
• Multiple restaurants
• Pool areas
• Open-air cinema
• Full lifestyle infrastructure within the building

Investment Highlights:
• Original price: AED 1,694,000
• Original price + DLD: AED 1,760,000
• Current price: AED 1,350,000
→ Discount: 23% vs original price
• Expected rental income: AED 110,000–120,000/year
→ Strong ROI potential
• Post-handover payment plan:
Approx. AED 170,000 per payment
– May 2026
– November 2026
– May 2027
– November 2027

Additional:
• Motivated seller
• Rare opportunity to buy a ready, branded residence at a significant discount
• We collaborate with agents

Property details

Property Type

Apartment

Property Size

627 sqft / 58 sqm

Bedrooms

1

Bathrooms

1

Available from

1 Apr 2026


Amenities

Furnished

Central A/C

Covered Parking

Shared Pool

Shared Gym


Location

Map preview
Tower illustration Placeholder
Luxury Family Residences II
Residential Insights
No reviews yet

Price Range:

1.1M-2.3M AED
Business Bay Community
Business Bay
Community Insights
4/5215 building reviews

Apartments and villas | Well connected | Luxury

Price Range:

375K-500M AED


Price Insights

This property costs 29% less than the average price of 1 bedroom in Business Bay

Average Sale Price is 1,889,430 AED

This property is 29% smaller than the average size of 1 bedroom in Business Bay

Average size is 880 sqft

The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Business Bay

Provided by

Response time

within 30 minutes

Experience

5 years

Languages

English, Russian

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Monthly payment

5,553 AED

with interest rate of

3.75%

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Regulatory information
Regulatory information

Reference

9CJC11KSPNPT0NKSEV2YW1FQ78

Listed

1 hour ago

Broker License

33090

Agency name

MAJESTIC KEY REAL ESTATE BROKERAGE

Zone name

Business Bay

Agent License

59955

DLD Permit Number

permit number

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