RERA ORN 00000 (illustrative)AED / USD 3.6725 (pegged)Avg. gross apartment yield 6.9%*Golden Visa from AED 2M0% annual property tax
Opportunities / ZE-S-1052Investment memorandum · Confidential · Illustrative

Downtown Dubai · Apartment

Burj View Residence, Opera District

A high-floor three-bedroom with direct views of Burj Khalifa and the Dubai Fountain.

Golden Visa eligible
Asking price
AED 7,450,000
≈ USD 2,028,591
Projected net yield
6.2%
after service charges
Est. net rent
AED 462K
per annum
Capital growth
7.0%
p.a. (illustrative)
Burj Khalifa and the Dubai Fountain

Demonstration imagery.

Investment thesis

A corner residence on a high floor of an Opera District tower, with floor-to-ceiling glazing on two sides framing Burj Khalifa and the Fountain.

Upgraded with oak flooring and a Bulthaup-style kitchen. Building amenities include an infinity pool, residents' lounge and direct access to the boulevard.

Financial summary

Purchase priceAED 7,450,000
DLD transfer fee (4%)AED 298,000
Agency fee (2%)AED 149,000
Registration & trustee (est.)AED 4,200
Total acquisition costAED 7,901,200
Est. gross rent p.a.AED 511,250
Service charge (AED 21/sq ft)AED -49,350
Est. net income p.a.AED 461,900

Illustrative. Excludes financing, vacancy, management fees and furnishing.

Specification & amenities

Reference
ZE-S-1052
Bedrooms
3
Bathrooms
4
Built-up area
2,350 sq ft
Completion
2020
Developer
Emaar (illustrative)
View
Burj Khalifa & Fountain
  • Burj Khalifa view
  • Infinity pool
  • Residents' lounge
  • Concierge
  • Kids' play area
  • 2 parking spaces

Location · Downtown Dubai

Boulevard apartments, Opera District towers and the low-rise Old Town quarter, all within walking distance of Dubai Mall and the Fountain.

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