In June 2023, an investor reached out to us with a request to find a liquid property in Dubai that could be suitable for flipping. He had significant experience in the same sector in Russia and was attracted to the idea of testing the Dubai market. Trusting us completely, the investor chose to be involved only in the key stages of the project.

We ended up choosing The Greens neighborhood, which was the closest residential community to Dubai Internet City, a district with a high concentration of IT company offices, where housing options are almost non-existent.

Colife analysts made investment calculations for the majority of the available properties in the district. According to our data, the most advantageous option was 1 bedroom in Al Arta 2 building. We quickly completed the turnkey transaction and immediately began renovating and furnishing.

Shortly after the transaction, Colife's design team set to work, taking all the measurements, preparing calculations, and a design project. The hardest task was to achieve a stylish high-quality renovation within a modest budget. However, in just under three months we transformed an outdated unit into a cozy family apartment.

As The Greens neighborhood was developed by Emaar more than 15 years ago, many of the properties there show signs of wear and tear. A freshly renovated apartment is a great find.

The first client viewing resulted in the property’s sale at $325,910, reflecting a 37% net increase in value.