Art Bay East
Culture Village (Jaddaf Waterfront) , Dubai
AED 1,050,000
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AED 1,050,000
Free Residency Visa
Construction Progress7%
Description
Art Bay East is an off-plan residential development in Culture Village, Al Jaddaf, Dubai. This project will be a partnership between Dutco and Ellington Properties. The building will have a ground floor, 8 residential floors with a rooftop and two levels of parking. Art Bay East Tower will have one passenger elevator and one service elevator.
Art Bay East will comprise 8 studio units, 50 1-bedroom units, 32 2-bedroom units, and 9 3-bedroom units. There will be one parking space for studios, 1-bedroom and 2-bedroom units, while 3-bedroom units will have two allocated parking spaces. The tower will provide direct access to the promenade.
Amenities & Features
Parking Spaces
Swimming Pool
Kids Play Area
Barbeque Area
Property Details
Property TypeApartment
DeveloperEllington Properties
ProjectArt Bay East
CommunityCulture Village (Jaddaf Waterfront)
CompletionOff-Plan -
Q3 2026
Parking1 space
CityDubai
FurnishedUnfurnished
Investment Analysis
Acquisition Costs
Property PriceAED 1,050,000
DLD Fee (4%)AED 42,000
Trustee FeeAED 4,200
Agency (2%)AED 21,000
Total
InvestmentAED 1,117,200
Expected Annual Returns
Expected Annual RentAED 70,350
Service Charges (Est)-AED 6,450
Net Annual
IncomeAED 63,900
Net Annual ROI5.7% (after expenses)
Payback Period17.5 years
How We Calculate These Numbers
The figures above are based on standard Dubai acquisition and income assumptions so you can compare properties consistently.
- Total Investment = Property price + DLD fee (4%) + Trustee/registration fee + Agency (2% if applicable).
- Net annual income = Expected annual rent − estimated service charges (e.g. based on AED per sqft).
- Net ROI = (Net annual income ÷ Total investment) × 100.
- Payback period = Total investment ÷ Net annual income (years).
Distance from Major Landmarks
Burj Khalifa7.3 km
Dubai Mall6.9 km
Dubai Airport (DXB)3.9 km
Mall of the Emirates18.5 km
Dubai Marina26 km