1 bedroom, Indigo Tower
Dubai, JLT, Indigo Tower
Metro station 1-minute walk
09.09.2024
ROI (without OPEX):
9,15%
($5 039/m²)
AED 1 350 000
Unit price:
$369 863
13%
Price growth rate per year:
Total investment amount:
$415 762
  • Unit price: $369 863
  • Renovation price: $1 370
  • Furnishings: $9 589
  • Commission: $11 096
  • DLD fee payment: $14 953
  • Transaction registration: $1 151
  • Transaction legal support: $2 192
  • Manager cheque: $5 548
Expenses per year:
$14 132
  • Service charge: $3 058
  • Utilities: $1 315
  • Internet: $1 266
  • AC: $986
  • AC maintenance: $110
  • Management commission: $7 397
Calculations
ROI (without ОРЕХ):
9,15%
Net rental return per year (incl. ОРЕХ):
6,49%
Rental return per year (without ОРЕХ):
$41 096
Rent payments: $3 425 / $41 096
About the unit
Property area
73 м²
Apartment with a lake and skyscraper view

Indigo Tower is a 35-storey building developed by Indigo Properties and built in 2007. It is situated within JLT Cluster D. The tower is located next to a lake with pedestrian pathways, as well as various shops and restaurants in the vicinity. The DMCC metro station is nearby, and it takes approximately 20 minutes to walk to the seashore from the tower.

1-minute walk to the DMCC metro station, 20-minute walk to the seashore
2007
Construction year
15 / 35
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 (one bathroom with shower, the other with bathtub)
  • Large balcony overlooking the lake and skyscrapers
  • Area: 73 sq. m.
  • Floor 15 (out of 35)
  • View of the lake and skyscrapers
  • Unfurnished with no appliances
  • 1 parking place
  • Vacant without mortgage
Amenities
  • Swimming pool, Jacuzzi, sauna
  • Gym
  • Lounge area
  • Great transportation accessibility
Jumeirah Lake Towers is the perfect neighborhood for both investment and living, located in the heart of Dubai. It offers a quiet environment with beautiful lakes and green parks. The strategic location between Dubai Marina and Jebel Ali makes it the greatest choice for those who seek convenience and affordability.

Eco-friendly: The neighborhood was built around the three man-made lakes and a vast 55,000 m² green park. In the winter, there are bustling markets, invigorating yoga workshops, and entertaining open-air movie screenings.

Good transport accessibility: the district features 2 metro stations and an exit on Sheikh Zayed Road; beaches are just 15 minutes away by foot, and the nearest major shopping center, Dubai Marina Mall, is only a 5-minute drive.

Developed infrastructure: Jumeirah Lake Towers boasts 2 universities, several kindergartens, several supermarkets, and medical centers. Residents can easily walk to the Marina and the beaches.
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.