DISTRESS DEAL | The Edge Business Bay | 1BR City View | Cheapest in Building | AED 1.45M

• Unit: 1-Bedroom Apartment, The Edge, Business Bay, Dubai, UAE
• BUA: 655 sq ft | 1 Covered Parking Space
• Price: AED 1,450,000 | Original Price: AED 1,463,000 | Saving: AED 13,000 (0.9%)
• Status: Ready | Vacant | Freehold | Confirmed cheapest 1BR in the building
• USP: Best available layout in The Edge at the lowest active asking price in the project

What is this The Edge 1BR deal in Business Bay?

This 1BR The Edge Business Bay for sale is listed at AED 1,450,000 — the single confirmed cheapest 1-bedroom unit currently available in The Edge, priced AED 13,000 below the original developer price of AED 1,463,000. The seller is exiting at cost, creating a clean entry for a buyer who wants the best layout in a premium canal-adjacent tower at the floor of the building’s price range. At AED 2,214/sqft, this unit sits at the lower boundary of Business Bay’s 2025–26 secondary market range of AED 2,000–2,600/sqft for comparable ready 1BR units — meaning day-one upside potential from acquisition.

The Edge by Select Group is fully completed and operational, occupying a canal-facing position in Business Bay approximately 2.1 km from Burj Khalifa and 0.7 km from Business Bay Metro Station (Red Line). A ready, vacant freehold unit at this price delivers immediate rental income — Business Bay 1BR units in quality towers consistently attract DIFC professionals, media-sector tenants, and short-stay operators, achieving gross yields of 6.5–8% annually. The city view from floors 10–15 captures the Downtown skyline corridor without the premium price uplift of a canal-facing unit.

For investors, the thesis is straightforward: acquire the cheapest unit in a premium project, collect rent at the building’s market rate, and benefit from Business Bay’s sustained 45–60% price appreciation since 2020. The seller’s exit at marginal cost means the buyer is entering a quality asset below replacement cost — the most efficient price-value entry currently available in the project.

The Edge Business Bay — Property Specifications

• Project: The Edge | Developer: Select Group
• Property Type: 1-Bedroom Apartment | BUA: 655 sq ft
• Bedrooms: 1 | Bathrooms: 1 | Parking: 1 Covered
• Floor: Middle (10–15) | View: City View (Downtown / Canal Corridor)
• Furnishing: Unfurnished | Status: Ready | Vacant
• Community: Business Bay, Dubai, UAE
• Original Developer Price: AED 1,463,000
• Asking Price: AED 1,450,000 | Saving: AED 13,000 (0.9%)
• Price Per Sq Ft: AED 2,214
• DLD Transfer Fee: 4% = AED 58,000
• Estimated Service Charge: ~AED 16–18/sqft/year ≈ AED 10,480–11,790/year
• Ownership: Freehold | Listing Reference: EDGE-BB-1BR-001

Payment Plan — What the Buyer Steps Into

• Purchase Price: AED 1,450,000
• DLD Transfer Fee (4%): AED 58,000
• Trustee / Conveyancing: ~AED 4,200
• Total Indicative All-In Cost: ~AED 1,512,200
• Payment Options: Cash or UAE bank mortgage (min 25% down for residents)

This is a completed, ready freehold unit. Buyer and seller sign an MOU (Form F) with a 10% earnest deposit. The seller obtains a No-Objection Certificate from Select Group (typically 3–5 business days). Both parties then attend a DLD trustee office for the title transfer. Cash buyers can complete ownership in 7–10 business days. Mortgage buyers should allow 3–4 additional weeks for bank processing and property valuation.

Pricing Analysis — Why This Is a Deal in 2026

• Original Developer Price: AED 1,463,000 | Asking Price: AED 1,450,000 | Saving: AED 13,000
• Price/sqft: AED 2,214 vs Business Bay ready-market range of AED 2,000–2,600/sqft
• Building price position: Lower 20th percentile — lowest available 1BR in the project
• Estimated annual rent (12-month lease): AED 95,000–115,000
• Estimated gross yield: 6.6–7.9%
• Holiday rental potential (AED 600/night, 72% occupancy): ~AED 157,680 gross

Business Bay 1BR apartment investment remains one of Dubai’s most liquid real estate categories, driven by canal-side lifestyle, Downtown proximity, and metro access. At AED 1.45M, a buyer enters The Edge at the absolute floor of the building’s price range — maximising both rental yield and capital upside. Select Group buildings historically command above-average resale values due to specification quality, and The Edge’s canal address positions it favourably against older Business Bay stock that lacks waterfront orientation.

Business Bay — Location and Why It Matters

Business Bay is Dubai’s densest mixed-use urban quarter, bordered by Downtown Dubai to the north, DIFC to the northeast, and the Al Jaddaf waterfront district to the south-east. The Dubai Canal bisects the area’s western edge, creating a 6 km navigable waterway with canal-side promenades, dining outlets, and cycling tracks that have transformed Business Bay from a corporate zone into one of Dubai’s most genuinely liveable urban neighbourhoods. The Edge occupies a prime canal-facing position, giving residents direct walkway access to the waterfront — a distinction from the majority of Business Bay towers set back from the canal.

Connectivity is Business Bay’s strongest structural advantage. Business Bay Metro Station (Red Line) at 0.7 km from The Edge is genuinely walkable by Dubai standards, and metro access consistently commands an 8–15% rental premium for apartments within walking distance. Sheikh Mohammed Bin Rashid Boulevard connects Business Bay directly to Downtown Dubai in under 5 minutes, and the Happiness Street axis provides a direct link to DIFC’s financial core in 8 minutes by car. For investors assessing Business Bay apartment investment, the combination of canal views, metro access, and Downtown proximity makes the area the highest-conviction location in Dubai for yield-focused 1BR acquisitions.

Business Bay — Distances and Connectivity

• Burj Khalifa / Dubai Mall: 2.1 km | ~6 min drive
• Business Bay Metro Station (Red Line): 0.7 km | ~9 min walk
• Downtown Dubai: 1.5 km | ~5 min drive
• DIFC: 2.8 km | ~8 min drive
• City Walk: 3.5 km | ~10 min drive
• Jumeirah Beach: 7.0 km | ~15 min drive
• Dubai International Airport (DXB): 14.2 km | ~18 min drive
• Al Maktoum International Airport (DWC): 47.0 km | ~40 min drive

The Edge — Building Amenities

• Infinity swimming pool with direct canal panorama
• Fully equipped gym and fitness studio
• 24-hour concierge and manned security
• Children’s play area
• Covered basement parking with EV charging
• High-speed passenger elevators
• Ground-floor retail and café outlets
• CCTV surveillance and smart access control system
• Direct access to Dubai Canal waterfront promenade
• Rooftop terrace and leisure deck

Who Should Buy This The Edge 1BR in Business Bay?

1. Capital appreciation investor: Business Bay price/sqft has grown 45–60% since 2020, and canal-adjacent towers like The Edge consistently outperform the broader district. Buying at AED 2,214/sqft — the building’s confirmed floor price — provides the widest possible margin for capital appreciation as Dubai’s infrastructure matures and supply in premium canal-side locations remains constrained. Select Group’s build quality and brand equity support value retention through market cycles.
2. Holiday home / short-stay investor: Business Bay consistently ranks in Dubai’s top five zones by short-stay revenue per available night. A 1BR in The Edge can realistically achieve AED 550–700/night at 68–75% occupancy, generating AED 137,000–192,000 gross annually. After platform and management fees of approximately 25–30%, net annual income of AED 96,000–142,000 represents a 6.6–9.8% net yield on the AED 1.45M acquisition cost.
3. Long-stay tenant play: The Edge attracts the DIFC-adjacent professional tenant — typically earning AED 25,000–50,000/month and seeking canal-view living at a sustainable rent. Estimated 12-month lease income of AED 95,000–115,000 delivers a 6.6–7.9% gross yield with minimal management overhead on a long-let basis.

How to Acquire This Unit — Step by Step

1. Contact the DPF team via WhatsApp quoting reference EDGE-BB-1BR-001
2. Receive the full data pack: floor plan, title deed copy, service charge history, and building management details
3. Schedule an in-person site visit or 360° virtual walkthrough
4. Sign Form A (Buyer’s Agent Agreement) if using DPF as buyer’s agent
5. Agree on price and sign MOU (Form F) with 10% earnest money deposit held in escrow
6. Seller applies for No-Objection Certificate (NOC) from Select Group — typically 3–5 business days
7. Book DLD transfer appointment at a registered trustee office; pay balance purchase price and transfer fees
8. Receive your new title deed registered in your name. All listings on DistressPropertyFinder.com are pre-verified by the DPF team before publication.

Frequently Asked Questions — The Edge Distress Sale

Is this property priced below the current market value?

Yes — at AED 1,450,000 (AED 2,214/sqft), this is the confirmed cheapest 1BR currently listed in The Edge Business Bay, below the original developer price of AED 1,463,000 and at the lower boundary of Business Bay’s 2025–26 secondary market range of AED 2,000–2,600/sqft for comparable ready units.

What is the price per square foot for The Edge in Business Bay?

The price per square foot for this unit is AED 2,214/sqft, calculated on 655 sq ft BUA at the AED 1,450,000 asking price. Business Bay’s 2025–26 ready 1BR market trades between AED 2,000 and AED 2,600/sqft — this unit enters at the lower bound.

Is the payment plan transferable to the buyer?

No developer payment plan applies — this is a completed, freehold ready unit. The buyer pays the agreed price in full at the DLD transfer, via cash or a UAE bank mortgage with a minimum 25% down payment for UAE residents.

What are the total acquisition costs including DLD?

Total indicative all-in cost is approximately AED 1,512,200: purchase price AED 1,450,000 + DLD transfer fee AED 58,000 (4%) + trustee/conveyancing fee ~AED 4,200. Mortgage buyers incur additional bank arrangement and valuation fees typically ranging from AED 8,000–15,000.

What rental yield can I expect from this unit?

Business Bay 1BR units in quality buildings are currently achieving 6.5–8% gross yield on 12-month leases. Based on estimated annual rent of AED 95,000–115,000 against the AED 1,450,000 purchase price, the gross yield range is 6.6–7.9%. Short-stay holiday rental management can push gross yields to 9–11% for well-run units in this location.

When is the handover / completion date?

The Edge Business Bay is a fully completed building. This unit is vacant, ready, and available for immediate DLD transfer and occupancy — no construction timeline applies.

Is Select Group a reputable developer in Dubai?

Select Group is one of Dubai’s most established private developers, with a strong delivery record including Marina Gate I and II, Six Senses Residences Dubai Marina, and multiple Business Bay projects. Their buildings consistently achieve above-average secondary market values and strong rental demand due to specification quality and prime positioning.

How do I proceed with buying this property through DistressPropertyFinder.com?

WhatsApp the DPF team quoting reference EDGE-BB-1BR-001 to receive the full unit data pack including verified floor plan, title deed copy, and service charge documentation. DistressPropertyFinder.com is Dubai’s dedicated verified distress property platform, and our team guides every transaction from first enquiry to DLD title deed transfer.