Upside is being developed by SRG Holding Ltd, who is the creator of famous landmarks including Marina Heights Tower, Burj Al Salam and Sheraton Grand Hotel Dubai.
Upside has a strategic location in Business Bay, which is the business centre of the emirate, and is just minutes away from Downtown Dubai which houses famous entertainment and leisure activities.
Among units available for purchase in Upside are studios and one-bedroom apartments.
Upside is planned to be completed in Q2 2023, which means that you will be able to move into the development in the near future or start renting an apartment out.
In terms of payment plans, end users should pay 100% payment upfront, while for those interested in managed apartments, a 1-year post-handover 25/75 payment plan is available. To learn more details about these options, please contact our Metropolitan Premium Properties brokers.
The starting price of a studio in Upside as of Q1 2023 is AED 960,000 (USD 261,000), while the price of a 1-bedroom apartment is from AED 1,600,000 (USD 436,000). A full floor can be purchased from AED 28,000,000 (USD 7,624,000).
Becoming an owner of an apartment in Dubai provides its residents with an opportunity to apply for a residence visa.
Buying a residential unit with a cost from AED 750,000 (USD 204,000) allows foreigners to apply for a 2-year renewable investor visa.
As Upside is a freehold project, foreigners can purchase a residence in Upside with 100% ownership.
Business Bay is a desirable area among investors, as it boasts an ROI of 6.2% for a 1-bedroom unit, which can be rented out for an average of AED 90,000 (USD 25,000) per year. You will be able to rent a property out for both long and short periods to business professionals and office workers. Due to the fact that Upside is planned to be completed in Q2 2023, you will be able to generate a profit in the near future.
Upside is a perfect place for those wishing to experience living in one of the most vibrant areas in Dubai. Thanks to its luxury amenities, which include, but are not limited to sports facilities, coworking spaces and entertainment venues, it’s the perfect place for business professionals and anyone who wishes to enjoy premium living in the centre of the city.
Business Bay is a contemporary financial district that is home to business towers with offices, hotels, as well as premium residential buildings. Residents of the area benefit from easy access to the Sheikh Zayed Road, other areas of the emirate, and key social infrastructure objects.