AED 1,300,000

A well-positioned one-bedroom apartment in The Paragon Tower, Business Bay, offered as a ready resale with an active tenancy in place. The unit sits on a low floor and presents a clean entry into one of Dubai’s most active residential and commercial districts, suiting both buy-to-let investors and owner-occupiers planning ahead.

Unit Features:

– One-bedroom apartment
– 720 ft² (67 m²)
– Low floor
– Currently tenanted
– Tenancy valid until November
– Rental income: 100,000 AED per annum

Complex Amenities:

– Swimming pool
– Fully equipped gymnasium
– Lobby and concierge services
– Dedicated parking

Architecture & Concept:

The Paragon Tower is a contemporary high-rise developed by IGO, designed with clean lines and a modern residential aesthetic suited to Business Bay’s skyline. Interiors follow a functional layout that maximises usable space across compact and mid-sized units. The building balances residential comfort with the energy of its surrounding business district.

About the Developer:

IGO is a UAE-based real-estate developer with a portfolio focused on mid-to-premium residential towers in key Dubai locations.

Location & Benefits:

– Business Bay district, central Dubai
– Minutes to Downtown Dubai and Burj Khalifa
– Close to Sheikh Zayed Road and Al Khail Road
– Dubai Mall reachable within five minutes by car
– Metro connectivity via Business Bay station
– Strong walk-to-work appeal for professionals

Investment Appeal:

– Immediate rental income with tenant in place until November
– Business Bay consistently records high occupancy rates among one-bedroom units
– Strong resale liquidity driven by sustained end-user and investor demand
– Competitive entry point relative to comparable ready stock in the corridor
– Capital appreciation supported by ongoing infrastructure and supply absorption in the district

Frequently Asked Questions:

Q: Is the property currently generating rental income?
A: Yes, the unit is tenanted and producing 100,000 AED per annum, with the lease running until November.

Q: Can an end-user purchase this unit?
A: Yes. An end-user can proceed with the purchase and plan occupancy following the expiry of the existing tenancy.

Q: What makes Business Bay a liquid market for resale?
A: Business Bay’s central location, metro access, and proximity to Downtown Dubai sustain consistent buyer and tenant demand, supporting both rental yields and resale values.

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