Why Business Bay is the Ultimate Investment Hub
Often referred to as Dubai’s answer to Manhattan, Business Bay is a central business district that has evolved into a vibrant residential community. Its strategic location offers unmatched connectivity:
- Prime Proximity: Just 5 minutes from the Burj Khalifa and Dubai Mall.
- Connectivity: Seamless access to Sheikh Zayed Road, Al Khail Road, and the Business Bay Metro Station.
- Waterfront Lifestyle: The Dubai Canal promenade provides a 24-hour destination for fine dining, leisure walks, and retail therapy.
Reva Heights: Project Overview and Pricing
Reva Heights is a premium 30-storey residential tower offering elegantly designed 1 and 2-bedroom apartments.
- Starting Purchase Price: Approximately AED 801,000 for a one-bedroom unit.
- Secondary Market Trends: Resale prices currently average around AED 1,660 per sq ft, reflecting the area’s consistent capital appreciation.
- Unit Sizes: Apartments range from 464 sq ft to 918 sq ft, maximising space with modern, neutral-toned interiors.
High Rental Yields and ROI
For “buy-to-let” investors, Reva Heights offers some of the most competitive rental yields in Dubai.
- Annual Rent: A typical 1-bedroom unit fetches approximately AED 75,000 per year.
- Expected ROI: Investors can anticipate rental yields between 5% and 7%, significantly outperforming many global real estate markets.
- Tax Benefits: Investors enjoy zero property tax and no capital gains tax, ensuring maximum retention of profits.
World-Class Amenities for Modern Living
Life at Reva Heights is defined by luxury and convenience. The project is tailored for professionals and families alike, featuring:
- Wellness & Fitness: A temperature-controlled swimming pool, a fully-equipped gymnasium, and dedicated steam and sauna rooms.
- Family-Friendly Spaces: Landscaped gardens and dedicated kids’ play areas provide a serene escape from the city’s hustle.
- Security & Convenience: 24/7 security and covered parking ensure peace of mind for every resident.
The Future of Business Bay Real Estate
Under the Dubai 2040 Urban Master Plan, Business Bay is set to undergo further infrastructure growth, including metro extensions and green initiatives. This long-term vision positions Reva Heights not just as a home, but as a growing asset in a global real estate hotspot.
Final Thoughts for Investors
Whether you are seeking a luxury apartment in Dubai or a high-yield investment property, Reva Heights by DAMAC delivers on every front. With its prime location on Marasi Drive and stunning views of the Dubai Canal, it represents the pinnacle of urban living in the UAE.