1 bedroom, Park Ridge
Dubai, Dubai Hills, Park Ridge
Downtown 15-min by car
11.04.2025
ROI
6,68%
($7 418/sqm)
AED 1 630 000
Unit price:
$446 575
12%
Price growth rate per year:
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Total investment amount:
$494 666
- Unit price: $446 575
- Preparation for delivery (including furnishing, repairs): $10 959
- Commission: $8 932
- DLD fee payment: $18 022
- Transaction registration: $1 151
- Legal support of the transaction:
Manager cheque (if necessar): $6 836
Expenses per year:
$16 187
- Service charge: $3 196
- Utilities: $1 315
- Internet: $1 266
- AC: $1 315
- AC maintenance: $219
- Management fee: $8 877
Calculations:
ROI:
6,68%
Rental income per year (w/o OPEX):
$49 315
Annual yield (rent + growth in value):
18,68%
About the unit:
Total area
60 sqm
Apartment in the new green area of Dubai Hills
Park Ridge is a 2021 residential complex from the developer Emaar, where urban life combines with nature.
A lot of green spaces and many retail outlets, cafes, restaurants and recreational areas around create a comfortable living environment. The Park Ridge project is located in the Dubai Hills Estate area. A new family area 10 minutes from the center of Dubai, with developed infrastructure and convenient transport routes. There are places for recreation, parks, children's playgrounds, jogging and cycling paths, an outdoor gym and public swimming pools.
The main feature of the area is an 18-hole golf course, which hosts championships.
Park Ridge is a 2021 residential complex from the developer Emaar, where urban life combines with nature.
A lot of green spaces and many retail outlets, cafes, restaurants and recreational areas around create a comfortable living environment. The Park Ridge project is located in the Dubai Hills Estate area. A new family area 10 minutes from the center of Dubai, with developed infrastructure and convenient transport routes. There are places for recreation, parks, children's playgrounds, jogging and cycling paths, an outdoor gym and public swimming pools.
The main feature of the area is an 18-hole golf course, which hosts championships.
2021
Year of delivery
21 / 22
Floor
1
rooms
Building & apartment features
Built-in wardrobes
Underground parking
Security
Swimming pool
Spa area
Balcony
Stunning views
Kitchen appliances
Gym
AC
Details:
- 1 bedroom
- 1 bathroom
- Area: 60 sq m
- 21 floor (out of 22)
- No furniture and appliances
- Panoramic view of the park
- 1 parking space
- Vacant
Tower features:
- New home in a green area
- Swimming pools
- Park areas, recreation areas and golf courses
- Shops and restaurants
- Gym
- Children's playground
- Common areas for meetings and work
Dubai Hills — the most environmentally friendly area of Dubai with premium housing
A great place for families with children and lovers of a measured luxurious life. Dubai Hills has four schools, a huge park with playgrounds, a volleyball court, a tennis court, a skate park, bike paths, swimming pools and landscaped recreation areas with hammocks.
Dubai Hills Infrastructure:
- 1,450,000 sq. m of parks and open spaces
- Golf Academy, 18-hole golf course
- 282,000 sq. m shopping mall
- Government Hospital
- 3 schools
- 3 office centers
- Tennis Academy
- 2 planned metro lines
- 54 km of cycling route
- 10 minutes drive from Downtown Dubai and Dubai Marina
Discover the transformation of the apartments after Colife team's work
Selecting a liquid unit
The main mission of Colife Invest is real estate management. We are dedicated to assisting you in buying property that will be in high demand and rented out without any vacancies.
We take care of every step on the way
Maximizing the rent price for your apartment
We promote each unit and provide additional services for tenants, resulting in faster rentals even during the off-season.
Accompanying the transaction
We provide full support during the entire transaction process, from transferring funds to overseeing the signing of all documents. You do not have to be physically present in Dubai: everything can be done remotely.
We pay you passive income from 6% (net) annually
You can reside in any country. Your unit is fully serviced, from its delivery to addressing the tenants' daily issues. We provide you with a financial report and transfer income in any convenient way.
Renovating and furnishing the apartment
We have prepared more than 700 apartments for rent and know how to create interior designs quickly and affordably that tenants will be fond of.
Sell the unit if you decide to secure the profitability
We keep track of analytics for all our investors' properties. When we notice a value increase of more than 30%, we offer to secure the profit with full sales support.