Logo-En

1,050,000

Own this from just

4,319 AED/month

Property details

Listed

1 month ago

Property Type

Apartment

Bedrooms

Studio

Bathrooms

1 Bath

Furnishing

Furnished

Area

412 ft²

Price per area

AED2,548/ft²

Available from

15 Jan 2027


APARTMENT FOR SALE IN MAMA SHELTER RESIDENCES, BUSINESS BAY

High-Yield Furnished Studio | Rented At AED 100K

Prosper Intl. Real Estate is pleased to present this stylish studio apartment for sale in Mama Shelter Residences, Business Bay, offering a distinctive combination of contemporary design, branded hospitality and immediate rental income.
The apartment is currently rented for AED 100,000 per year until 16 January 2027, making it an attractive option for an investor seeking a ready, income-generating property in one of Dubai’s most established commercial and residential districts.

Investment Highlights:
Prime Business Bay location
Currently rented at AED 100,000 per year
Tenancy valid until 16 January 2027
Immediate rental income for the purchaser
Fully furnished and ready investment
Modern branded-residence interior
Efficient and practical studio layout
Access to lifestyle and hospitality facilities
Suitable for investors seeking a centrally located Dubai property

The existing tenancy offers the purchaser a degree of income visibility from the date of transfer. Instead of acquiring a vacant property and beginning the process of marketing, tenant screening and lease negotiation, the buyer can take ownership of an apartment with an active rental contract already in place.

The annual rental amount of AED 100,000 demonstrates the appeal of the residence among tenants seeking a distinctive branded lifestyle in Business Bay. The lease continues until January 2027, providing a clear rental period while allowing the future owner to review their strategy closer to expiry, subject to the applicable tenancy terms and Dubai rental regulations.

Why Consider This Property?
This offering combines several characteristics that are often important to Dubai property investors:
Existing tenant:
The property is already occupied, reducing the immediate need to source a new tenant.
Confirmed annual rent:
The current rent is AED 100,000 per year, providing a clear income figure for the active tenancy period.
Tenancy until January 2027: Valid until 16 January 2027

Amenities

Furnished

Built in Wardrobes

Central A/C

Covered Parking

Kitchen Appliances

Shared Pool

Security

Concierge

Shared Spa

Shared Gym


Project information

project informationproject informationproject information

The Devmark Group developer Logo

Completed

Mama Shelter

Studio1 and 2 bedrooms

Developed by:

The Devmark Group

Delivery Date:

Q4 2023

Property types:

Apartment


Location

Map preview
Mama Shelter Residences

About Mama Shelter Residences

Learn more

Mama Shelter Residences in Business Bay offers Studio To 2 Bedrooms properties averaging 402 - 869 sqft. It currently has 66 active sale listings.

  • Properties Listed66
  • Price range910K - 2.9M

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Price Insights

Transactions for Similar Properties

Studio Apartment in Mama Shelter Residences

Sold for

DateAEDArea (sqft)
22 Oct 2025
950,000
412
19 Mar 2025
1,080,000
412
27 Jan 2025
1,137,166
412
24 Dec 2024
1,145,699
412
16 Dec 2024
1,350,000
412

Rented for

DateAED/yearArea (sqft)
4 Sep 2026
57,000
412
28 Aug 2026
50,000
412
20 Aug 2026
61,000
412
22 May 2026
70,000
412
3 May 2026
67,000
412
See all transactions in this location

Powered byDataGuru

This property costs 9% less than the average price of studio bedroom in Business Bay

Average Sale Price is 1,152,418 AED

This property is 17% smaller than the average size of studio bedroom in Business Bay

Average size is 495 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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See agency properties (60)
Agent Rania Toumi
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Rania Toumi

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Response time

within 5 minutes

Languages

English, Arabic, French

See agent properties (18)

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Monthly payment

4,319 AED

with interest rate of

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Regulatory information
Regulatory information

Reference

2372026-SHIRLY

Listed

1 month ago

Broker License

31502

Agency name

PROSPER INTL REAL ESTATE L.L.C

Zone name

Business Bay

Agent License

98576

Agent Rania Toumi

Rania Toumi

No ratings

Usually responds within 5 minutes

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