Yacht Bay
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About the project
The 16-storey Yacht Bay Tower residential complex is located in Dubai’s popular Dubai Marina coastal area. The maritime-style building, combining white and blue tones, was erected and commissioned in 2007. The developer of the project was Select Group.
The building offers compact studios and apartments with 1, 2 and 3 bedrooms. The total number of properties in the complex is 174. The layout is spacious and comfortable, with a stylish and elegant design, as well as quality modern furniture.
All owners of apartments in Yacht Bay Tower have the perfect opportunity for a comfortable lifestyle, amenities include:
- equipped parking spaces for cars with 24-hour security;
- reliable high-speed elevators that allow rapid movement to any floor;
- highly developed security systems, fire extinguishers and smoke detectors;
- video surveillance cameras, maintenance of all communications, central air conditioning to maintain a favorable microclimate at all times;
- picturesque space for recreation and walks, cozy parks, as well as the availability of a small area for barbecues and parties;
- a modern, well-equipped gym, which includes a swimming pool with a temperature control function, steam bath and jacuzzi;
- in close proximity to the residential complex is a cozy garden for strolls, in its territory is equipped with a playground for children;
- a concierge service working around the clock.
The size of apartments ranges from 47 to 237 sq. m (500-255 sq. ft). The cost, depending on the type of housing, ranges from AED 570,000 to 1,100,000 (USD 155,000-300,000).
*The price is valid for 2020
Location
Dubai Marina is located in the western part of the city and is one of the popular luxury resorts. It is the largest man-made marina in the world. In Dubai Marina there is high demand for residential real estate among investors.
The residential complex Yacht Bay Tower is a short walk from the DMCC subway station. There are bus and streetcar stops near the building. Convenient transportation makes it easy to get around the city.
The area has an abundance of entertainment venues, restaurants and cafes, as well as shopping centers.
Gourmet fans are offered a large choice of restaurants, which always serve delicious meals and treats, nearby outlets include:
- Cheesecake Factory, an American restaurant chain, offering fresh baked goods;
- P.F Chang’s, an authentic Chinese restaurant;
- Carfoosh, a restaurant for barbecue lovers;
- Toro Toro, the choice of those who prefer Latin American cuisine.
Nearby entertainment venues include the large Dubai Marina Mall, a six-minute walk from the Yacht Bay Tower. In addition to shopping, there is the opportunity to visit the cinema and participate in exciting activities there.
There is a well-organized beach within a 3-minute walk from the residential complex.
There are also many educational institutions and medical clinics in the area.
Payback
Buying real estate in the residential complex Yacht Bay Tower in order to rent is a good source of passive income. The average payback depends on the type of housing. The most profitable are the studios, the payback of which is 7.6%. There is slightly lower return on investment for apartments with 1 and 2 bedrooms – 7% and 7.4% respectively. The least profitable apartments are those with three bedrooms – 6.2%.
Comfortable apartments in the complex Yacht Bay Tower offer the best opportunity for a harmonious life. And the rental housing can bring owners additional income.
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Metropolitan Premium Properties
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[email protected]
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+971 4 428 6151
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36th-38th Floor, Al Salam Tecom Tower,
Internet City, Dubai, UAE
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