1 bedroom, Damac Heights
Dubai, Dubai Marina, Damac Heights
Tram stop 7-minute walk
19.12.2024
ROI (without ОРЕХ):
8,03%
($6 232/sqm)
AED 1 790 000
Unit price:
$490 411
15%
Price growth rate per year:
Total investment amount:
$530 693
  • Unit price: $490 411
  • Renovation price: $9 808
  • DLD fee payment: $19 775
  • Transaction registration: $1 151
  • Transaction legal support: $2 192
  • Manager cheque: $7 356
Expenses per year:
$16 497
  • Service charge: $3 439
  • Utilities: $1 315
  • Internet: $1 266
  • AC: $1 973
  • AC maintenance: $219
  • Management commission: $8 285
Calculations:
ROI (without ОРЕХ):
8,03%
Net rental return per year (incl. ОРЕХ):
5,56%
Rental return per year (without ОРЕХ):
$29 531
Rent payments:
$2 461 / $29 531
About the unit:
Property area
78 sqm
Apartment overlooking the sea and the yacht marina

Damac Heights – the 86-storey residential tower from the developer Damac, built in 2018. The complex has a gym, sauna, hammam, jacuzzi, swimming pool and children's playroom. All apartments have high-quality finishing. The house has direct access to the Marina Walk promenade, where walking areas, a yacht marina, shops and restaurants are located.

7-minute walk to beach, 7-minute walk to tram stop
2018
Construction date
9 / 86
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
● 2 bathrooms
● Large balcony with access from the living room and bedroom
● Total area: 78 sqm
● Floor 9 (out of 86)
●View of the sea and the yacht marina
● With furniture and appliances
● 1 parking space
● Vacant on transfer
Amenities:
● Gym, sauna, jacuzzi of 5* hotel standard
● Swimming pool with panoramic view of Marina and yachts
● Lounge area, indoor and outdoor
● Children's playroom
● Cinema
Dubai Marina is one of the most attractive places to live in Dubai. This neighborhood is located on the Persian Gulf and is famous for its tall skyscrapers, luxury apartments and gorgeous sea views.

The main pros of living in Dubai Marina:

1. Location: Dubai Marina is located in the center of the city, making it an ideal place to live. The area has a variety of restaurants, stores, cafes and other places to spend time with family and friends.

2. Real Estate: Dubai Marina offers a wide range of real estate, from small apartments to luxury penthouses. Housing in this area is one of the most prestigious and expensive in Dubai.

3. Amenities: Dubai Marina has all the necessary amenities for a comfortable life such as sports clubs, swimming pools, parks and more. There are also many schools and kindergartens in the area.

4. Safety: Dubai Marina is one of the safest neighborhoods in Dubai. There are many surveillance cameras and police patrols in the neighborhood, making it a safe place to live.

5. Sea Views: One of the main benefits of living in Dubai Marina is the stunning sea views. Residents of the neighborhood can enjoy beautiful sunsets and sea views right from their windows.
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.