Apartment in Bayline by Emaar Properties in Rashid Yachts & Marina
Bayline is a new premium development located in the Rashid Yachts & Marina area, next to the marina. It is being developed by Emaar Properties and is expected to be completed by the end of 2027.
Location:
— Sheikh Rashid Road connects Bayline with Sheikh Zayed Road, which provides access to other areas of Dubai. Downtown Dubai, with its boutique shopping and fine dining, is a 22-minute drive from the hotel. Dubai International Airport is a 20-minute drive away. Ras Al Khor Wildlife Sanctuary, with its mangroves, lagoons and large flamingo population, is a 15-20 minute drive away.
“Bayline properties are also attractive for families, with several schools within a 10-minute drive of the complex, such as New Academy School and Ambassador School. Equally close are nurseries such as Ambassador Nursery & Kindergarten, Cambridgeshire Nursery and Little Lambs Nursery. Medical services are available at the nearby International Modern Hospital and Aster Hospital – Mankhool, both 8 minutes away by car.
Economic attractiveness:
— While construction is underway, real estate can be purchased according to the 90/10 scheme with a mandatory down payment of 10%.
— After completion of construction, investors will be able to resell their property for approximately 15-20 % more than the original purchase price or rent it out to receive passive income.
– In the nearby Bur Dubai area, the average rental rate for 1-bedroom apartments is 58 thousand dirhams (16 thousand US dollars) per year, which gives an income of up to 5.3 %. Once the construction of Rashid Yachts & Marina is completed, the price of the apartments will increase.
Bayline residential developments are an excellent choice for those looking to enjoy a serene coastal lifestyle close to the vibrant emirate of Dubai. The project is ideal for yacht owners: P&O Marinas – Mina Rashid Marina, restaurants and yacht clubs are on the doorstep.
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