The Legends investment brief

Brand new | High floor | Vacant | Canal view

Business Bay · For sale
Listing reference104179-XFCb1nPermit number: 71157162934Public record updated: Not supplied

01 · Executive property snapshot

Asking priceAED 1,200,000
AreaBusiness Bay
Property typeApartment
Bedrooms1
Internal size471 sq ft
Permit number71157162934
BuildingReva Residences
Bathrooms1
ReadinessReady

02 · Position within the current published area collection

Comparable published listings: 10
Asking priceAED 1,200,000

Published area median: AED 1,174,999

Near median · +2.1%
Price per sq ftAED 2,545

Published area median: AED 2,257

Above median · +12.8%
Internal size471 sq ft

Published area median: 521 sq ft

Below median · -9.5%

03 · Five-year illustrative scenario

Illustrative five-year profitAED 507,162

Five-year return on total cash: 39.9%

Assumed annual rentAED 85,000
Gross yield7.1%
Year-one net yield5.7%
Year-one net incomeAED 68,014
Illustrative value in year fiveAED 1,459,983

Scenario assumptions

Service charge
AED 18 / sq ft
Vacancy allowance
5%
Maintenance allowance
5%
Annual capital growth
4%
Annual rent growth
2%
Purchase costs
6%
Selling costs
2.5%

04 · Decision gates before commitment

01

Rental evidence

Validate achievable rent with relevant evidence, not asking prices alone.

02

Operating costs

Confirm service-charge statements, management, maintenance and finance costs.

03

Exit liquidity

Test who the likely future buyer is and the evidence behind the exit assumption.

The Legends publication verification

Permit reference, availability and approved media are present in the public listing record.

104179-XFCb1n

This brief uses current asking data and editable assumptions. It is not a valuation, transaction benchmark, investment advice, or a guarantee of rent, appreciation, liquidity or return. Every assumption requires verification before a decision.