Nestled in Business Bay, The EDGE comes as a premium residential development by Select Group, which consists of 2 towers. Prospective buyers can choose from a collection of stylish 1-2 bedroom apartments with high-quality finishes. The total living area of the units ranges from 570 sq. ft to 1,099 sq. ft. Occupants will be able to enjoy stunning views of the Burj Khalifa, Business Bay and the Dubai Canal from the comfort of their homes. Each residence will boast a balcony and built-in wardrobes in the bedrooms, among other key features.
The elite complex will boast a whopping 61,000 sq. ft of world-class amenities. These will encompass:
The starting price for an apartment in The EDGE is AED 1.1M (USD 300K), as of March 2023.
*The price is valid for 2023
The EDGE boasts a convenient location at the intersection of Downtown Dubai and Business Bay. That said, it boasts close proximity to The Opus, which is a ready development by OMNIYAT. Occupants of The EDGE will be able to use several bus stations that are situated close by, including Clover Bay Tower 1 and 8 Boulevard Walk Tower 2, just to name a few. Travel time to Dubai International Airport is not supposed to exceed 20 minutes’ by car.
There are many social facilities, from supermarkets to medical centers, that can be found within walking distance. These are as follows:
If you decide to invest in The EDGE real estate, you can take advantage of a 2-year visa with a minimum qualifying amount of AED 750K (USD 204K). At the same time, properties worth at least AED 2M (USD 545K) make you eligible for a 10-year Golden Visa. The latter provides sponsorship for a family and domestic staff, as well as an Esaad card, which offers lucrative discounts across a myriad of brands in the UAE and worldwide.
*The price is valid for 2023
The EDGE is due for completion in Q4 2026. It is expected to be highly popular with business professionals and entrepreneurs thanks to its location in Business Bay, which is set to become an international business hub, alongside Downtown Dubai, according to the 2040 Dubai Urban Master Plan.
The properties here are also a perfect option to rent out, as the complex is located just a 20-minute walk away from major tourist attractions, such as the Burj Khalifa, Dubai Mall, The Dubai Fountain, Dubai Opera and many more. According to Property Finder, the average ROI in Business Bay for 1-bedroom units has reached 6.1%, as of March 2023. The initial rental rates currently stand at AED 55K (USD 15K) per annum.
*The price is valid for 2023
The developer of The EDGE is Select Group.
The EDGE is located in Business Bay, alongside Al A'amal St.
There are 1-2 bedroom apartments available for purchase.
The completion date of The EDGE is scheduled for Q4 2026.
The master developer offers a 40/60 payment plan, with a 20% down payment.
As of Q1 2023, the starting price for a 1-bedroom apartment in The EDGE is AED 1.1M (USD 300K).
Yes, you can get a residence visa when investing in The EDGE, depending on the real estate cost.
You can obtain either a 2-year investor visa or a 10-year Golden Visa with a minimum qualifying amount of AED 750K (USD 204K) or AED 2M (USD 545K) respectively.
Any nationality is welcome to acquire property in The EDGE, as it is a freehold development.
An apartment in The EDGE is an excellent investment, since 1-bedroom units in Business Bay generate a lucrative ROI of 6.1% on average, as of Q1 2023. When living here, you will be able to enjoy an outdoor gym, a yoga deck, a BBQ area and plenty more.
The EDGE will be a perfect choice for business professionals and entrepreneurs thanks to its location in the thriving area of Business Bay famed for its selection of A-grade offices and its close proximity to major attractions.
Business Bay offers an excellent social infrastructure with supermarkets, medical centres and other facilities within easy reach. These include W Mart Supermarket, Learning Tree Nursery, Excellency Center and many other amenities.
Sign up for our weekly newsletter for market updates!