Distress Deal: 1-Bedroom Apartment with Full Burj Khalifa View in VYB, Business Bay, Dubai

1BR Full Burj Khalifa View in VYB by GINCO Properties, Business Bay – AED 1,340,000 Below Original Price

A compelling distress opportunity to acquire a 1-bedroom apartment with a full, confirmed Burj Khalifa view in VYB — a contemporary residential development by GINCO Properties in Business Bay, Dubai. Offered directly from the owner at a price below original, with handover currently in progress and a clear, two-instalment payment structure: AED 530,000 payable on transfer to the seller, and AED 810,000 payable to the developer upon handover. The full Burj Khalifa view has been independently confirmed — a photograph was taken from the base of the building directly beneath the unit’s windows, establishing an unobstructed line of sight to the world’s tallest tower. This is a rare, view-certified distress entry into one of Dubai’s most desirable addresses.

Property Highlights

• Type: 1-Bedroom Apartment
• Size: 654 sq.ft (61 sq.m)
• Floor: Mid floor
• View: Full Burj Khalifa view — confirmed from building base
• Status: Off-plan – Handover in progress
• Price: AED 1,340,000 (below original price)
• Seller: Direct from owner — no agent commission on seller side
• Payment on Transfer (to seller): AED 530,000
• Payment to Developer on Handover (to GINCO): AED 810,000
• Developer: GINCO Properties
• Building: VYB, Business Bay, Dubai

About VYB by GINCO Properties and Business Bay

VYB is a contemporary residential development by GINCO Properties, situated in Business Bay — Dubai’s central mixed-use district directly adjacent to Downtown Dubai and the Burj Khalifa. GINCO Properties is an established UAE-based developer committed to delivering quality residential projects in prime Dubai locations. Business Bay is one of the emirate’s most strategically positioned communities, combining corporate, hospitality, and residential uses along the Dubai Canal, and offering residents unparalleled proximity to Downtown Dubai, DIFC, and the city’s key business and lifestyle hubs.

Community and Lifestyle

• Direct adjacency to Downtown Dubai and the Burj Khalifa District
• Dubai Canal waterfront promenade steps from Business Bay
• Business Bay Metro Station for rapid Red Line transit
• Bay Avenue — Business Bay’s retail, dining, and lifestyle precinct
• World-class hotels, restaurants, and corporate offices in the immediate vicinity
• Sheikh Zayed Road providing direct city-wide connectivity
• Strong corporate and professional tenant demand throughout Business Bay

Amenities

• Swimming pool
• Fully equipped gymnasium
• Children’s play area
• 24-hour security and building management
• Allocated covered parking (subject to confirmation)
• High-speed elevators
• Landscaped communal areas
• Lobby with concierge services
• Retail and dining at ground level within Business Bay
• Dubai Canal waterfront promenade accessible from the community

The Burj Khalifa View — Independently Confirmed

The full Burj Khalifa view from this unit is not assumed — it has been independently verified. A photograph was taken from the ground level at the base of the VYB building, directly beneath the unit’s windows, confirming a clear, unobstructed line of sight to the Burj Khalifa. This view confirmation is a significant value differentiator and ensures buyers have full certainty before committing. Mid-floor Burj Khalifa-facing units in Business Bay command a consistent and material rental and resale premium over non-view equivalents.

Layout and Floor Plan

This 1-bedroom apartment in VYB spans 654 sq.ft (61 sq.m) across a functional and well-proportioned layout suited to professionals, couples, and investors. The unit features a living and dining area, a fitted kitchen, one bedroom, bathroom(s), and a balcony or terrace with the confirmed Burj Khalifa view outlook. A detailed floor plan for this 1-bedroom apartment in VYB, Business Bay is available on request.

Payment Structure and Handover

This is an off-plan resale with handover currently in progress — making it a near-immediate acquisition. The total purchase price of AED 1,340,000 is structured as two clear payments:

• AED 530,000 — Payable on transfer to the current owner (seller) upon signing the Sale and Purchase Agreement and transfer at the Dubai Land Department.
• AED 810,000 — Payable to GINCO Properties on handover, representing the remaining balance owed to the developer at the point of unit handover.

This structure allows buyers to secure the unit at below-original price with a defined, manageable payment schedule tied directly to handover progress. The seller is the direct owner — no selling-side agency commission applies. Dubai Land Department (DLD) transfer fees of approximately 4% and applicable NOC fees are standard and apply on top of the purchase price. Full documentation is available on request.

Location and Connectivity

• Burj Khalifa and Downtown Dubai: Approximately 5–10 minutes by car
• The Dubai Mall: Approximately 5–10 minutes by car
• Dubai Canal Waterfront: Walking distance from Business Bay
• DIFC (Dubai International Financial Centre): Approximately 10–12 minutes by car
• Business Bay Metro Station (Red Line): Approximately 3–7 minutes by car or on foot
• Sheikh Zayed Road (E11): Direct access from Business Bay
• City Walk and Jumeirah: Approximately 10–12 minutes by car
• Dubai Design District (d3): Approximately 10 minutes by car
• Dubai International Airport (DXB): Approximately 20–25 minutes by car

Why Invest in VYB, Business Bay

• Full confirmed Burj Khalifa view — independently verified from building base, not assumed
• Priced below original — immediate below-market entry in Business Bay
• Direct from owner — no selling-side commission, transparent transaction
• Handover in progress — near-term ownership with no prolonged wait
• Business Bay is Dubai’s most centrally located mixed-use community with sustained demand
• Burj Khalifa-view units consistently command a rental and resale premium
• Freehold ownership available to all nationalities
• Accessible price point for Business Bay with a landmark view

Frequently Asked Questions (FAQs)