1 bedroom, Mogul 197
Dubai, Discovery Gardens, Mogul 197
Metro station 5-minute walk
19.12.2024
ROI (without ОРЕХ):
12,43%
Contact broker
($2 654/sqm²)
AED 720 000
Unit price:
$197 260
8%
Price growth rate per year:
Total investment amount:
$226 515
  • Unit price: $197 260
  • Renovation price: $1 370
  • Furnishings: $9 589
  • Commission: $3 945
  • DLD fee payment: $8 049
  • Transaction registration: $1 151
  • Transaction legal support: $2 192
  • Manager cheque: $2 959
Expenses per year:
$13 134
  • Service charge: $3 068
  • Utilities: $1 315
  • Internet: $1 266
  • AC: $1 644
  • AC maintenance: $219
  • Management commission: $5 622
Calculations:
Contact broker
ROI (without ОРЕХ):
12,43%
Net rental return per year (incl. ОРЕХ):
7,99%
Rental return per year (without ОРЕХ):
$31 233
Rent payments:
$2 603 / $31 233
About the unit:
Property area
74 sqm
Apartment in a building near the metro

Mogul 197 – 6-storey residential tower in Discovery Gardens from developer Nakheel, built in 2008. The house is located in a green area, which contains recreation areas and walking areas, sports and children's playgrounds.

5-minute walk to the metro station Discovery Gardens
2008
Construction date
2 / 6
Floor
2
Bathrooms
Building & apartment features
Underground parking
Security
Swimming pool
Spa area
Balcony
Garden views
Gym
AC
Details:
  • 1 bedroom
  • 2 bathrooms
  • Total area: 74 sqm
  • Floor 2 (out of 6)
  • Without furniture and equipment
Amenities:
  • House in a green area
  • Swimming pool, barbecue area
  • Sports grounds
  • There is a shopping center next to the house
  • Walking distance to the metro
  • 10 minutes to the areas of Dubai Marina, JLT, Expo 2020
District
Map

Discovery Gardens – the low-rise residential area built in the European style. The project was completed in 2008. The area is divided into six thematic zones. Each of them is dominated by a certain type of garden with a special landscape design and vegetation.

Green areas are one of the key features of the area. They include several parks and gardens. Thus, residents of the area can enjoy walks in a beautiful green area, as well as use various sports grounds for exercise and active recreation.

The facades of the buildings are painted in colorful colors. The architecture includes such elements as arched windows, towers, multi-level roofs, shutters in the European style.

The sea area between the major highways Emirates Road and Sheikh Zayed Road. Nearby is the free economic zone Jebel Ali. In the area there is a metro station with the same name Discovery Gardens. Ibn Battuta Mall is a 10-minute drive away.

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.

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.
Accompanying the transaction

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.
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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.