1 bedroom, Binghatti Canal
Dubai, Business Bay, Binghatti Canal
Metro station 10-minute walk
19.12.2024
ROI
9,30%
($7 131/m²)
AED 1 700 000
Unit price:
$465 753
10%
Price growth rate per year:
Total investment amount:
$508 844
  • Unit price: $465 753
  • Commission: $13 97
  • DLD fee payment: $18 789
  • Transaction registration: $1 151
  • Transaction legal support: $2 192
  • Manager cheque: $6 986
Expenses per year:
$13 369
  • Service charge: $345
  • Utilities: $1 315
  • Internet: $1 266
  • AC: $1 644
  • AC maintenance: $219
  • Management commission: $8 581
Calculations
ROI (without ОРЕХ):
9,30%
Net rental return per year (incl. ОРЕХ):
6,74%
Rental return per year (without ОРЕХ):
$46 027
Rent payments:
$3 836 / $46 027
About the unit
Property area
65 m²
Apartment in a new building with stunning views of the Burj Khalifa, skyscrapers, water canal, and marina

Binghatti Canal is a new residential project by Binghatti Developments, located in the business center of Dubai. This area includes the Business Center and a place to live. Business Bay is close to the Dubai Canal; this neighborhood is often compared to New York's Manhattan. The road to Burj Khalifa and Dubai Mall will take no more than 10 minutes.

The building is equipped with the most modern control systems: touch switches, entrance to the apartment by fingerprint scan, and video intercom. High-quality materials are used in the apartment, including a stone countertop, marble tiles, and competent, practical lighting.

Residents have access to a gorgeous panoramic swimming pool overlooking the Burj Khalifa. The building has direct access to the canal and marina.
2023
Construction year
10 / 26
Floor
2
Bathrooms
Building & apartment features
Built-in wardrobes
Underground parking
Security
Swimming pool
Spa area
Balcony
Stunning views
Kitchen appliances
Gym
AC
Details
  • 1 bedroom
  • 65 sq. m
  • Floor 10 (of 26)
  • Burj Khalifa, canal, and marina view
  • 1 bathroom, 1 guest bathroom
  • Furnished with appliances
Amenities
  • New building
  • Swimming pool with a view of Burj Khalifa
  • Reception hall
  • Lounge zone
  • Walkway along the canal
  • Marina
  • Stores and restaurants
Business Bay is an ever-evolving and one of the trendiest neighborhoods in Dubai.

Business Bay is located between the Dubai Water Canal and Downtown, close to metro stations and major arteries, and a short drive from the airport, Dubai Design District, DIFC International Financial Center and DWTC World Center.

The infrastructure of each neighborhood includes everything you need to work and live comfortably - modern offices, gyms, restaurants, swimming pools and shopping malls.

There are many daycare centers in the area: Colibri, Maple Bear, Blossoms, Churchill Towers; and schools: Jumeirah and Safa, Al Quoz, GEMS and Gems Wellington.

Emirates Hospital Clinic, one of the best hospitals in the region, is renowned for its excellent diagnostics and professional specialists.

The main attractions of Business Bay are the Al Habtoor City mixed-use complex, the unique La Perle aqua theater and many panoramic lounges with excellent views of the world's tallest skyscraper, Burj Khalifa.

Business Bay has so far become the best real estate investment area in Dubai. Property prices in the area have increased by 17% in 2 years - one of the highest growth rates in the Dubai real estate market.
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.
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.