Luxury Apartment Complex, Downtown Dubai

About this Property

The Luxury Apartment Complex in Downtown Dubai is a premium residential development comprising 180 fully furnished, serviced apartments across a 38-storey tower in the heart of Business Bay — Dubai's most dynamic mixed-use district. The complex offers studio, one-bedroom, and two-bedroom units, all finished to a five-star standard and managed by an internationally acclaimed hospitality operator. Amenities include a rooftop infinity pool with Burj Khalifa views, a fully equipped fitness centre, co-working spaces, a concierge service, valet parking, and a ground-floor restaurant and café. The complex is positioned 800 metres from the Dubai Canal waterfront and within walking distance of the Dubai Mall, making it equally attractive to long-term residents, corporate tenants, and short-term holiday visitors. DUAL-INCOME STRATEGY The complex operates a hybrid model: 60% of units are leased on annual contracts to corporate tenants (primarily multinational companies relocating staff to Dubai), while 40% are managed as short-term holiday rentals through premium platforms. This dual strategy maximises revenue across all seasons and economic cycles, providing income diversification that single-strategy properties cannot match. DUBAI'S RESIDENTIAL MARKET Dubai's residential market has been one of the world's best-performing for three consecutive years. Annual rental growth of 22% in Business Bay, a 0% income tax environment, and the Golden Visa programme attracting long-term residents from 190 countries have created structural demand that far outstrips new supply. The population of Dubai is projected to grow from 3.7M to 5.8M by 2040, underpinning long-term demand for quality residential accommodation. INVESTMENT STRUCTURE Investors hold proportional equity in the property SPV. Rental income (net of management fees of 10% and operating costs) is distributed quarterly. Investors also benefit from capital appreciation as the property value tracks Dubai's rising residential market. PROJECTED RETURNS Blended gross yield: 9.5%. Net yield after costs: 7.2%. Capital appreciation (5-year projection): 45–60%. Total 5-year return: 82–95%. This is one of the highest risk-adjusted return profiles in global residential real estate.