1 bedroom, Safa Two by De Grisogono
Dubai, Business Bay, Safa Two by De Grisogono
Metro station 10-min walk
26.03.2025
ROI (w/o OPEX)
9,19%
($6 324/м²)
AED 1 780 000
Unit price:
$487 671
19%
Price growth rate per year:
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Total investment amount:
$526 734
- Unit price: $487 671
- Renovation price: $0
- Furnishings: $0
- Commission: $9 753
- DLD fee payment: $19 666
- Transaction registration: $1 151
- Legal support of the transaction:
- Manager cheque: $2 192
Expenses per year:
$17 879
- Service charge:: $3 638
- Utilities: $1 315
- Internet: $1 266
- AC: $1 973
- AC maintenance: $219
- Management fee: $9 468
Calculations:
ROI (w/o OPEX):
9,19%
Net rental income per year (with OPEX):
6,52%
Rental income per year (w/o OPEX):
$52 603
Rent payment:
$4 384 / $52 603
$4 384 / $52 603
About the unit:
Total area
77 sqm
Safa Two by De Grisogono - the 85-storey residential building currently under construction in Business Bay, Dubai. The project is being developed by Damac Properties through its subsidiary Damac Canal One Property Development.
The centerpiece of the project is a huge, one-of-a-kind sapphire infinity pool that appears to be suspended in mid-air between the two halves of the building on the 64th floor.
The centerpiece of the project is a huge, one-of-a-kind sapphire infinity pool that appears to be suspended in mid-air between the two halves of the building on the 64th floor.
Q2 2027
Year of delivery
64 / 75
Floor
1
Bathrooms
Building & apartment features
Built-in wardrobes
Underground parking
Security
Swimming pool
Spa area
Balcony
Stunning views
Kitchen appliances
Gym
AC
Details:
- 1 bedroom (master bedroom)
- 1 bathroom
- 64th floor (of 75)
- Partially furnished
- Open fully equipped kitchen
- Area: 77 sq. m
- Canal view
- 1 parking space
Tower features:
- Swimming pool
- Fitness centre
- Children's play area
- Sauna and steam room
- Supermarkets and restaurants nearby
- 5 minutes drive to Dubai Mall
Business Bay — the constantly evolving and one of the most fashionable areas of Dubai.
Business Bay is located between the Dubai Water Canal and the Downtown area, close to metro stations and major transport arteries, and a few minutes' drive from the airport, Dubai Design District, the DIFC International Financial Center and the DWTC World Center.
The infrastructure of each area includes everything necessary for work and comfortable living - modern offices, gyms, restaurants, swimming pools and shopping malls.
There are many kindergartens in this area: Kolibri, Maple Bear, Blossoms, Churchill Towers; and schools: Jumeirah and Safa, Al Quoz, GEMS and Gems Wellington.
One of the best hospitals in the area, Emirates Hospital Clinic, is famous for its excellent diagnostics and professional specialists.
The main attractions of Business Bay are the multifunctional complex Al Habtoor City, the unique aquatheatre La Perle, as well as many panoramic lounges with excellent views of the world's tallest skyscraper Burj Khalifa.
Business Bay has previously become the best investment real estate site in Dubai. Housing prices in this area have grown by 17% in 2 years - this is 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.
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.