Studio Apartment for Sell in The Cosmopolitan

Project summary The Cosmopolitan stands as a move-in ready luxury residential tower in Business Bay, delivered by DAMAC Properties in October 2014. This 19-story development houses 368 units ranging from studios to three-bedroom apartments, strategically positioned near Dubai Canal with direct access to Downtown Dubai's landmarks. The project combines residential living with five-star hotel amenities, creating a unique hybrid model that serves both investors and end-users in one of Dubai's fastest-growing districts. Unique selling points Project features & benefits The Cosmopolitan delivers hotel-grade services within a residential framework, featuring 24-hour concierge, DreamWorks Spa, and commercial amenities like retail shops and coffee lounges. Units come equipped with Chromecast-enabled entertainment systems, premium furnishings, and private balconies offering canal views. The building's soundproofed design addresses Business Bay's construction activity while maintaining luxury standards throughout. Community advantages Business Bay's transformation into a real estate powerhouse shows in the numbers - transactions surged from under 1,000 annually a decade ago to nearly 4,500 in 2025. The district's rental contracts jumped 80% year-on-year to 5,780 in 2025, driven by its central location and canal-front appeal. With 80% of tenants being professionals, the area maintains strong rental demand. Competitive position While newer developments like Bugatti Residences command premium prices (AED 19-750 million), The Cosmopolitan offers established value at AED 1,168-1,875 per square foot. Its hybrid hotel-residential model differentiates it from purely residential towers, providing commercial-grade amenities that newer projects often lack. Investment analysis Primary strategy: studio-focused yield play Studios deliver the strongest returns at 6.67% yields, significantly outperforming larger units. A typical studio generating AED 80,000 annually represents the sweet spot for Business Bay investors, where professional tenant demand remains consistently high. Key supporting numbers Business Bay prices rose 15.64% year-on-year as of January 2025, with studio resales showing 12-18% gains between 2023-2024. A case study reveals a studio purchased for AED 769,000 in 2021 appreciated to AED 930,000 by 2024 - a 21% gain while generating 7.15% annual yield. Market factors The upcoming Metro Gold Line (2027-2030) will enhance connectivity, while Dubai Canal expansion projects are projected to boost waterfront property values by 8-12% through 2027. However, future supply from Peninsula Five's 381 units may compress yields, making current entry points attractive. Lifestyle presentation Living at The Cosmopolitan means accessing Dubai's cultural heart within minutes - Dubai Opera sits 6 minutes away, while Dubai Mall requires just 9 minutes. The canal-front location enables morning walks along expanded waterfront corridors, part of Dubai's Green Loop Initiative creating pedestrian-friendly connectivity. The building's spa facilities include gender-segregated areas, gymnasium, and kids' club, supporting diverse lifestyle needs. Maison Cafe provides on-site dining, while the 24-hour concierge handles daily conveniences. Premium units feature balconies where residents can enjoy serene canal views away from the district's commercial energy.