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Waves Sobha Waterfront District Apartments, MBR City

MBR City
Starting FromAED 0.97M
Type
apartment
Bedrooms
1 - 4
Developer
Completion
TBA

Exclusive Waterfront Living in Business Bay

Discover Waves Sobha Waterfront District by Sobha Realty, an exceptional collection of 1 and 2-bedroom apartments located directly on the iconic Dubai Canal. This prestigious address offers breathtaking, uninterrupted views of Downtown Dubai, Dubai Creek, and Ras Al Khor, providing an unparalleled waterfront lifestyle. Designed to meet the highest standards, these residences combine modern elegance with the tranquility of waterfront living, making them ideal for discerning homeowners and savvy investors alike.

Prime Location with Outstanding Investment Potential

Situated in the heart of Business Bay, Waves offers seamless connectivity to Dubai's key landmarks and business hubs, enhancing both convenience and lifestyle. With a starting price of AED 975,000 for a 1-bedroom apartment, this development presents a compelling investment opportunity, supported by flexible payment plans including 50% payment over two years post-handover, and significant waivers on land registration and service fees. Expected to be completed by September 2023, Waves Sobha Waterfront District epitomizes luxury urban living with excellent growth prospects in Dubai's flourishing real estate market.

Location

MBR City

Map location not available

About the Developer

S

Sobha Realty

Sobha Realty is a premium developer known for Sobha Hartland in MBR City and Siniya Island in Umm Al Quwain. Its in-house 'backward integrated' construction model is associated with high finishing quality.

View all projects by Sobha Realty

Frequently Asked Questions

Waves offers prime waterfront apartments in Business Bay with strong growth potential, flexible payment plans, and waivers on land registration and service fees, ensuring excellent long-term value.
Residents enjoy spectacular canal views, proximity to lush open spaces, international schools, and a vibrant community lifestyle in an exclusive waterfront district.
Located in Business Bay, Waves provides direct access to Dubai Canal and is minutes away from Downtown Dubai and Dubai Creek, ensuring excellent connectivity to key city hubs.
Prices start from AED 975,000 for 1-bedroom units with a 50% payment plan spread over two years post-handover. Completion is expected by September 2023.

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Property Details

Property PriceAED 1,000,000
Down Payment20%
Annual RentAED 60,000
Surface Area (sqft)800 sqft
Service Charges (AED/sqft)15 AED/sqft

Investment Parameters

Appreciation Rate5% / year
Holding Period5 years
Mortgage Rate5%
Loan Term25 years

ROI Projections

Investment

AED 200,000

Future Value

AED 1,276,282

Capital Gain

+AED 276,282

Annual Cash Flow

-AED 8,121

Total ROI (5 years)

117.8%

16.8% annualized

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