1 bedrooms, Sparkle Tower
Dubai, Dubai Marina, Sparkle Tower
Beach 5-min walk
28.01.2025
ROI (w/o OPEX)
8,70%
($5 665/sqm)
AED 1 850 000
Unit price:
$506 849
17%
Price growth rate per year:
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Total investment amount:
$553 912
- Unit price: $506 849
- Renovation price: $1 370
- Furnishings: $9 589
- Commission: $10 137
- DLD fee payment: $20 433
- Transaction registration: $1 151
- Legal support of the transaction:
- Manager cheque: $2 192
Expenses per year:
$17 748
- Service charge: $3 836
- Utilities: $1 315
- Internet: $1 266
- AC: $1 644
- AC maintenance: $219
- Management fee: $9 468
Calculations:
ROI (w/o OPEX):
6,22%
Net rental income per year (with OPEX):
8,70%
Rental income per year (w/o OPEX):
$52 603
Rent payment:
$4 384 / $52 603
$4 384 / $52 603
About the unit:
Total area
89 sqm
Apartment within walking distance to the sea
Sparkle Tower - the luxurious complex of two towers, created in collaboration with the Swarovski brand, construction was completed in 2019. Thousands of Swarovski crystals are used in the decoration of the tower. The house is located within walking distance from the sea and JBR beach. The house is built next to the water channel and the Marina Walk promenade, where the yacht marina, walking areas, children's play areas, shops and restaurants are located.
5 minutes walk to the beach, 4 minutes walk to the tram stop.
Sparkle Tower - the luxurious complex of two towers, created in collaboration with the Swarovski brand, construction was completed in 2019. Thousands of Swarovski crystals are used in the decoration of the tower. The house is located within walking distance from the sea and JBR beach. The house is built next to the water channel and the Marina Walk promenade, where the yacht marina, walking areas, children's play areas, shops and restaurants are located.
5 minutes walk to the beach, 4 minutes walk to the tram stop.
2019
Year of delivery
11 / 28
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
- 1 bathroom and guest toilet
- 2 balconies with panoramic views of skyscrapers and water channel
- Area: 89 sq m
- 11th floor (of 28)
- View of Marina
- Unfurnished
- 1 parking space
- Vacant
Tower features:
- Swimming pool with Marina view
- Gym, sauna, jacuzzi
- Children's play area
- Separate pool for women on the rooftop
- Lobby decorated with thousands of Swarovski crystals
Dubai Marina is one of the most attractive places to live in Dubai. This area is located on the shores of the Persian Gulf and is famous for its tall skyscrapers, luxury apartments and gorgeous sea views.
The main advantages of living in Dubai Marina:
1. Location: Dubai Marina is located in the city center, which makes it an ideal place to live. The area has many restaurants, shops, 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 much more. There are also many schools and kindergartens in the area.
4. Safety: Dubai Marina is one of the safest areas in Dubai. There are many CCTV cameras and police patrols in the area, making it a safe place to live.
5. Sea views: One of the main advantages of living in Dubai Marina is the stunning sea views. Residents of the area can enjoy beautiful sunsets and sea views right from their windows.
The main advantages of living in Dubai Marina:
1. Location: Dubai Marina is located in the city center, which makes it an ideal place to live. The area has many restaurants, shops, 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 much more. There are also many schools and kindergartens in the area.
4. Safety: Dubai Marina is one of the safest areas in Dubai. There are many CCTV cameras and police patrols in the area, making it a safe place to live.
5. Sea views: One of the main advantages of living in Dubai Marina is the stunning sea views. Residents of the area 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.