1 bedroom, MAG 214
Dubai, JLT, MAG 214
70 m²
Property area
2007
Construction year
21 out of 40
Floor
2
Bathroom(s)
09.07.2024
DMCC
2-min walk
ROI: 7,68%
TOTAL INVESTMENT AMOUNT: $319 482
TOTAL RENTAL RETURN PER YEAR: $39 452
EXPENSES PER YEAR: $14 931
RENTAL RETURN: $24 521
- Unit price: $282 192
- Renovation price: $1 370
- Furnishings: $9 589
- Commission: $5 926
- DLD fee payment: $11 447
- Transaction registration: $1 438
- Transaction legal support: $2 192
- Manager cheque: $4 233
TOTAL RENTAL RETURN PER YEAR: $39 452
- Rent payments: $3 288 (per month) / $39 452 (per year)
EXPENSES PER YEAR: $14 931
- Service: $3 057
- Utilities: $1 315
- Internet: $1 266
- AC: $1 973
- AC maintenance: $219
- Management commission: $7 101
RENTAL RETURN: $24 521
$282 192 ($4 034/m²)
Price growth rate per year: 12%
1 030 000 AED
Built-in wardrobes
Underground parking
Security
Swimming pool
Spa area
Balcony
AC
Stunning views
Kitchen appliances
Gym
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Apartment with lake and skyscraper views
MAG 214 is a 40-storey residential tower by developer MAG, built in 2007, located in JLT cluster R. The tower has a good location near the metro as well as proximity to Dubai Marina. Near the house is a park, sports fields and playgrounds. Many stores and restaurants are within walking distance from the house.
5 minutes walk to Sobha metro station.
● 1 bedroom
● 2 bathrooms
● Balcony with a view to the park and partially to the road
● Area: 70 sq. m.
● 21 floors (out of 40)
● Storage room
● View of skyscrapers and the lake
● No furniture and appliances
● 1 parking space
● Vacant, no mortgage
Benefits of the tower:
● Swimming pool
● Gym, sauna, jacuzzi
● Park near the house
● Amazing transportation accessibility
MAG 214 is a 40-storey residential tower by developer MAG, built in 2007, located in JLT cluster R. The tower has a good location near the metro as well as proximity to Dubai Marina. Near the house is a park, sports fields and playgrounds. Many stores and restaurants are within walking distance from the house.
5 minutes walk to Sobha metro station.
● 1 bedroom
● 2 bathrooms
● Balcony with a view to the park and partially to the road
● Area: 70 sq. m.
● 21 floors (out of 40)
● Storage room
● View of skyscrapers and the lake
● No furniture and appliances
● 1 parking space
● Vacant, no mortgage
Benefits of the tower:
● Swimming pool
● Gym, sauna, jacuzzi
● Park near the house
● Amazing transportation accessibility
Jumeriah Lake Towers is an ideal neighborhood for investment and living, located in the heart of Dubai. It is an exceptional tranquil neighborhood with serene lakes and green parks. JLT is strategically located between Dubai Marina and Jebel Ali, making it ideal for those looking for convenience and affordability.
Eco-friendly: The neighborhood is built around three artificial lakes and has a huge 55,000 m² green park. In winter there is a market, yoga workshops and open-air movie screenings.
Good transport accessibility: 2 metro stations and exit on Sheikh Zayed road, beaches are literally 15 minutes away, and the nearest large shopping center Dubai Marina Mall is 5 minutes away by transport.
Developed infrastructure: 2 universities, several kindergartens, many supermarkets, medical centers. You can walk to the Marina and beaches,
Eco-friendly: The neighborhood is built around three artificial lakes and has a huge 55,000 m² green park. In winter there is a market, yoga workshops and open-air movie screenings.
Good transport accessibility: 2 metro stations and exit on Sheikh Zayed road, beaches are literally 15 minutes away, and the nearest large shopping center Dubai Marina Mall is 5 minutes away by transport.
Developed infrastructure: 2 universities, several kindergartens, many supermarkets, medical centers. You can walk to the Marina and beaches,