Forthcoming sales start of apartments from $245k with a 9% ROI at Art Bay waterfront project in the Al Jaddaf district

05 Feb 2024

The new project Art Bay in the Al Jaddaf area will go on sale on February 5: apartments are estimated from $245,000 – exact prices will be available at the launch. And this is one of the most advantageous offers on the market.

In the 3rd quarter of 2026, the project is planned to be completed. We will find you the perfect tenant immediately after receiving the keys. Or we will help you resell at the peak price to maximize your profit.

We will help you earn:

• The project enjoys a prime location in the Al Jaddaf area. It is 10 minutes by car to DXB Airport, Downtown, and the beach. Nearby are major attractions: Burj Khalifa, Dubai Frame, Museum of the Future.

• There is a wide selection of studios and one-bedroom apartments in stock, all apartments are sold with finished renovations, built-in kitchen appliances, and sanitary ware. We will help you purchase furniture or redo the finish.

• After the project is completed, we will assist in connecting electricity, water, internet, and if you are renting out, we will register the lease agreement with the Land Department.

• The first payment starts from $49,000.

• Installment plan 70/30: for 2,5 years.

Estimated ROI from rental:

Annual rent for a similar property in the location considering rental rate growth closer to the completion of the building – $25,000

Service charge – $1,960

DLD – from $9,800

ROI ≈ 9%

About the project:

• Art Bay comprises two 8-story buildings with studios and 1-3 bedroom apartments: from 41 to 167 m².

• All units are sold with finished renovations, sanitary ware, and built-in kitchen appliances;

• The buildings are located on the Dubai Canal waterfront: you can enjoy the river landscapes;

• Completion – 3rd quarter 2026.



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