INVESTOE DEAL | LUXURY STUDIO | FULLY FURNISHED | HEART OF DUBAI

• $ 326,975
• 326,779
• 4.77225
• 326,943

Reimagined and spectacularly renovated from the ground up, this unique penthouse studio at Bayz by Danube in Business Bay, Dubai, offers a complete reconfiguration and refurbishment. It boasts a high ceiling and an unparalleled view of the iconic Burj Khalifa, creating an exclusive and luxurious living experience.

PROPERTY DETAILS :

– Studio apartment 407 sqft
– One bathroom
– One Balcony
– Reimagined / Renovated by Palmoral Development, a luxury residential developer
– Fully Furnished,
– Burj Khalifa views
– 29th Floor, Penthouse Level, high ceiling
– Vacant on transfer (vacation rental only)

AMENITIES
– Rooftop swimming pool
– Health club
– Outdoor lounge area
– Modern gym
– Sauna and steam rooms
– Barbecue area
– Event space
– Children’s play

Bayz by Danube is a high-rise residential building that stands tall at 30 stories in the heart of Business Bay, close to Ras Al Khor Road and alongside the scenic Dubai Creek Canal. The edifice, a creation of Danube Properties Development LLC, came to life with its architectural design crafted by the National Engineering Bureau. Completed in 2019, it houses 456 living spaces.
The studio apartment within has undergone a comprehensive transformation by the upscale real estate developer Palmoral. It has been meticulously refurbished, starting from a bare structure to a fully renovated space adorned with new stone flooring and wall cladding, a complete bathroom suite featuring a shower, sink, and closet. The kitchen received a modern update, including a newly installed bar and a built-in 3-seater dining table. The living area boasts a full-wall library, a TV stand, a king-size bed, wall-to-wall mirrored finishes, plush carpeting, and top-quality linens. A tastefully decorated balcony enhances the charm of the space.
Currently managed by a professional short-term holiday rental company available for short-term lets, this studio is projected to generate a net annual income of AED 120,000, positioning it as a lucrative investment property. It is anticipated to outperform other apartments in the building with a stellar 10% yield. The interior is adorned with meticulously chosen furniture that resonates with the opulence of the apartment, offering the pinnacle of comfort and encapsulating an ambiance of sophisticated luxury.

Amenities

• Private Gym
• Shared Pool
• Security
• Concierge Service
• Covered Parking
• View of Water
• Service Elevators
• Satellite / Cable TV
• Kids Play Area
• Reception / Waiting Room
• Lobby in Building