Micheal Schumacher Business Avenue
Business Bay Alternative Capital Invest Gmbh (Branch) Cancelled
AED 6,587,386Area avg price
7.8%Gross yield
15%Built
StatusCancelled
Construction15%
Area average priceAED 6,587,386Business Bay
Gross rental yield7.8%AED 513,816/yr · indicative
Prices are DLD transaction averages (indicative), not developer list prices.
Micheal Schumacher Business Avenue is a project under Alternative Capital Invest Gmbh located in Business Bay, which has been cancelled.
It is located in Business Bay, a prominent business district in Dubai.
The project was developed by Alternative Capital Invest Gmbh.
The specific reasons for the cancellation have not been disclosed publicly.
Business Bay features a mix of commercial, residential, and retail spaces, making it a major business hub in Dubai.