Case Study: High Return on Investment for a 1-Bedroom Unit in Burj Views Tower B, Downtown Dubai
This case study highlights the remarkable return on investment (ROI) from a 1-bedroom unit in Burj Views Tower B, Downtown Dubai, showcasing strong capital appreciation and rental yields.
Property Details:
- Location: Burj Views Tower B, Downtown Dubai
- Unit Size: 920 sqft
- Rental Yield: 3.94%
- Last Rental: AED 65,000 annually
Investment Performance:
- March 2018: AED 897,888 (Initial purchase)
- November 2018: AED 1,007,000 (+12%)
- June 2021: AED 975,000
- September 2024: AED 1,650,000 (+69%)
- Final Sale (Sep 2024): AED 1.7M at AED 1,794/sqft.
Rental Income:
- September 2019: AED 76,000 (New contract)
- September 2020: AED 69,000 (Renewal)
- August 2021: AED 65,000 (New contract)
Key Investment Insights:
- Prime Location: Situated between Burj Khalifa and Dubai Mall, making it a highly desirable location.
- Strong Capital Growth: The property saw a 69% increase between 2021 and 2024.
- Stable Rental Demand: Downtown Dubai continues to offer consistent rental income, attracting high-end tenants.
Conclusion:
Investing in Burj Views Tower B offers high ROI with both capital growth and rental income. This prime Downtown Dubai property has demonstrated substantial appreciation and consistent rental yields, making it a smart investment for both short-term and long-term investors.
For further insights and market details, check out the official transaction history for Burj Views Tower B at Burj Views Tower B Real Estate Transaction.