The Legends investment brief

Top floor | Full canal view | Luxury lifestyle

Business Bay · For sale
Listing reference104179-Zeoy2kPermit number: 71444697435Public record updated: Not supplied

01 · Executive property snapshot

Asking priceAED 1,199,999
AreaBusiness Bay
Property typeApartment
BedroomsStudio
Internal size469 sq ft
Permit number71444697435
BuildingChic Tower
Bathrooms1
ReadinessReady

02 · Position within the current published area collection

Comparable published listings: 10
Asking priceAED 1,199,999

Published area median: AED 1,174,999

Near median · +2.1%
Price per sq ftAED 2,557

Published area median: AED 2,257

Above median · +13.3%
Internal size469 sq ft

Published area median: 521 sq ft

Below median · -9.9%

03 · Five-year illustrative scenario

Illustrative five-year profitAED 507,355

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 68,052
Illustrative value in year fiveAED 1,459,982

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-Zeoy2k

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.