Apartment 1-room 1+0 studio in Dubai downtown 40m²

Art Bay is an elite complex consisting of two skyscrapers, from Dutco Group and Ellington Properties. This is the first project under the Dutco Ellington brand in Al Jaddaf. Several concepts are combined here - art, wellness and culture. The complex features studios and 1-3 bedroom apartments overlooking Dubai Creek, Jameel Arts Center and Palazzo Versace. You can also buy an entire floor. The area of the property including balconies is from 40 sq. m. m up to 228 sq. m. All residences, except studios, will have a laundry room and powder room, and some will have a storage room. Among the key advantages of Art Bay are first-class infrastructure: Dubai Culture Village promenade, Hot Yoga Studio, Youth Hub children's area, theater, library in the lobby, club lounge, fitness studio, pool terrace, courtyard, wellness areas, swimming pool for relaxation, bungalows, barbecue area, play corner. The key feature of Art Bay is the exclusive Art Club, which will be appreciated by creative individuals. The club will feature a workshop area, a performance stage, a rooftop bar, an outdoor lounge, an observation deck and a seating area. Owners of studios and apartments with 1-2 bedrooms will have one parking space at their disposal. And buyers of properties with three bedrooms will be provided with two parking spaces. Art Bay is located next to one of Dubai's main thoroughfares, Al Khail Road. Thanks to this, you can quickly get to key locations in the city. For example, Dubai International Airport and Dubai Marina can be reached by car in just 20 minutes. Al Jadaf Metro Station is just a few steps away from the complex. There are also many bus stops nearby - Al Jaddaf/Culture Village 1, Al Jaddaf/Culture Village 2, Al Jaddaf/Palazzo 1 and Al Jaddaf/Palazzo. Art Bay is surrounded by shops, supermarkets, medical facilities: W MART, 24/7 Supermarket, LIFE Pharmacy Al Jaddaf, LIFE GP Clinic - Al Jaddaf, Zen Life Polyclinic, Sheikha Athija Bint Saqer Al Nahyan Mosque. Swiss International Scientific School Dubai is a 15-minute drive away, the second educational institution in the emirate of the famous international organization Nord Anglia Education. The bilingual school offers the prestigious IB program for children 3–18 years old. The complex is adjacent to several popular entertainment venues, including Jameel Arts, which features works by local and international artists. Another interesting attraction is the D-Marine Jaddaf Waterfront Marina with a picturesque promenade for lovers of outdoor activities and water sports. You can relax and enjoy being close to nature at Jaddaf Waterfront Sculpture Park. Owners of real estate in Art Bay will be able not only to enjoy luxurious life in this complex, but also to increase their capital. As of the first quarter of 2024, the profitability of one-bedroom apartments in Al Jaddaf is 6.2%, and the starting rental rate is AED 52 thousand (USD 14 thousand) per year. You can receive stable passive income if you decide to rent out your property. All Art Bay residence owners will be able to obtain a 2-year visa. If you invest AED 2 million (USD 545 thousand) or more, you will be eligible for a 10-year Golden Visa. Both apply not only to the property owner, but also to the spouse and children. The Golden Visa also allows you to sponsor domestic staff.