1 bedroom, Socio, Tower 2
Dubai, Dubai Hills, Socio, Tower 1
Downtown 10 by car
20.12.2024
ROI
9,32%
($7 997/sqm)
AED 1.280.000
Unit price:
$350 685
21%
Price growth rate per year:
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Total investment amount:
$388 707
- Unit price: $350 685
- Renovation price: $1 370
- Furnishings: $6 849
- Commission: $7 014
- DLD fee payment: $14 186
- Transaction registration: $1 151
- Transaction legal support: $2 192
- Manager cheque: $5 260
Expenses per year:
$12 238
- Service charge: $3 104
- Utilities: $658
- Internet: $1,266
- AC maintenance: $110
- Management commission: $7 101
Calculations:
ROI:
9,32%
Net rental return per year:
6,98%%
Total rental return per year:
$39 452
Rent payments:
$3 288 / $39 452
$3 288 / $39 452
About the unit:
Total area
44 sqm
Socio at Dubai Hills Estate – the 13-storey building from the developer EMAAR, which is located in the green area of Dubai Hills. The house was completed in December 2023. The house is just a few minutes' walk from the Dubai Hills Mall, Park Dubai Hills, Boulevard Dubai Hills and a 10-minute drive from the Dubai Hills Golf Club.
This residential complex has combined all the needs of a modern person, providing a lot of opportunities for rest, study and work.
The house has many common areas that make it comfortable to live in. It is great for remote work as there are many workplaces. Modern design, stylish apartments with glass partitions, a good location and comfortable filling of the house. An excellent investment for renting out and comfortable living.
Transport interchange:
A 10-minute drive away is the Mall of the Emirates, where bus stops and a metro are located. Dubai Hills is a 15-minute drive from Dubai Marina and Downtown. The convenient location of the area near major highways allows you to quickly get to any point in the city.
This residential complex has combined all the needs of a modern person, providing a lot of opportunities for rest, study and work.
The house has many common areas that make it comfortable to live in. It is great for remote work as there are many workplaces. Modern design, stylish apartments with glass partitions, a good location and comfortable filling of the house. An excellent investment for renting out and comfortable living.
Transport interchange:
A 10-minute drive away is the Mall of the Emirates, where bus stops and a metro are located. Dubai Hills is a 15-minute drive from Dubai Marina and Downtown. The convenient location of the area near major highways allows you to quickly get to any point in the city.
2023
Construction year
4,5 / 13
Floor
1
Bathroom
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: 44 sqm
● 4/5nd floor of 13, flat: 404, 519, 504
● Balcony
● Laundry
● Unfurnished
● 1 parking space
● Vacant
● 1 bathroom
● Area: 44 sqm
● 4/5nd floor of 13, flat: 404, 519, 504
● Balcony
● Laundry
● Unfurnished
● 1 parking space
● Vacant
Tower features:
- New building in a green area
- Convenient location (public transport stop, shopping center, park)
- Coworking in the building with many places to work and meet
- Lounge area
- Library
- Recreation area
- Swimming pool
- Tennis court
- Park areas and recreation areas
- Shops and restaurants
- Gym
- Children's playground
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.