Unit 1204 is a one-bedroom of 1,204 sq ft on the north face of Tower 2, handed over in Q3 2021 and occupied since. It is tenanted at AED 112,000 a year until March 2027, so it is bought with income in place. Vacant possession is not available before that date.
The service charge is AED 17.20 per sq ft — a 2025 actual, not a projection. The 2026 schedule has not been published, so every net figure in this document is left as a bracket rather than estimated.
Against the record: two comparable lettings in the same stack achieved AED 108,000 and AED 115,000 in May and July 2026, both above the tower average of 2024. On price, the north stack still registers below the marina-facing stack.
This is your reading of the building, not a TopStreet forecast. It is printed as your view because that is what it is.
Completed one-bedroom apartments in this building have sold twelve times in the last year, at prices between AED 1.16m and AED 1.48m.
The current service charge is AED 17.5 per sq ft — around AED 13,000 a year on a typical one-bedroom, before anything else.
On those two figures, a one-bedroom here shows a gross yield of roughly 6.4% to 7.1% — before the service charge comes off, and before any empty weeks.
Whether that becomes an 8% net yield depends on what the unit rents for and what letting it costs, and neither is in front of me yet.
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