en
Ref. 02687PS
5 rooms
2 bedrooms
1103 sq ft
€695,506
Experience iconic luxury living in one of the world's most prestigious residential addresses. This exceptional one-bedroom apartment offers 1,103 sqft of elegant living space and presents a rare distress deal opportunity for investors and end-users seeking a trophy asset in the heart of Dubai.
Located on a high floor, the residence features a spacious bedroom, refined interiors, premium finishes, and is offered fully furnished, with the flexibility to remove the furniture according to the buyer's preference. The apartment is fully paid, vacant, and ready for immediate occupancy or investment.
Residents enjoy an unparalleled lifestyle with complimentary air conditioning, exclusive access to the private residents' club on the 123rd floor, and one VIP parking space. The property combines luxury, convenience, and world-class amenities within one of Dubai's most recognized landmarks.
This residence also offers outstanding rental potential, with short-term rental income reaching approximately AED 35,000 per month inclusive of bills, while long-term rentals can achieve approximately AED 350,000 annually inclusive of bills. With service charges of AED 48,000 per year, the apartment presents a compelling opportunity for both capital appreciation and recurring income.
Why invest in Dubai?
• 0% tax on rental income, salaries, and capital gains
• Rental yields above 8% on average in prime locations
• Strong demand from international investors and tenants
• Access to exclusive off-market investment opportunities
Investor services include assistance with Golden Visa or standard residency visa applications, full support for company formation in Dubai or other Emirates, and a multilingual team available in French, English, Greek, and Arabic.
IBP Home Realty provides exclusive access to luxury residential, commercial, and investment opportunities throughout Dubai.
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