2 bedrooms, Jumeirah Bay X1
Dubai, JLT, Jumeirah Bay X1
Metro station 8-min walk
23.12.2024
ROI
10,27%
($3 466/sqm)
AED 1.750.000
Unit price:
$479 452
13%
Price growth rate per year:
Total investment amount:
$533 981
  • Unit price: $479 452
  • Renovation price: $1 370
  • Furnishings: $13 699
  • Commission: $9 589
  • DLD fee payment: $19 337
  • Transaction registration: $1 151
  • Transaction legal support: $2 192
  • Manager cheque: $7 192
Expenses per year:
$22 139
  • Service charge: $5 980
  • Utilities: $1 973
  • Internet: $1 266
  • AC: $1 644
  • AC maintenance: $329
  • Management commission:
$10 948
Calculations:
ROI:
10,27%
Net rental return per year:
7,24%
Total rental return per year:
$60 822
Rent payments:
$5 068 / $60 822
About the unit:
Total area
134 sqm
Spacious apartment in a house near the lake

Jumeirah Bay X1 is a 41-storey residential tower by developer Nakheel Properties, completed in 2009. It is a part of Jumeirah Bay complex consisting of 3 towers X1, X2 and X3. Tower X1 is a residential tower, X2 is a business center and X3 is a hotel.

10 minutes walk to Sobha subway
2009
Construction year
2 / 41
Floor
1
Bathroom
Building & apartment features
Built-in wardrobes
Underground parking
Security
Swimming pool
Spa area
Balcony
Stunning views
Kitchen appliances
Gym
AC
Details:
2 bedroom
● 3 bathroom
● 1 balcony
● Panoramic windows
● Laundry room
● Area: 134 sqm
● 2nd floor of 41
● Without furniture and equipment
● 1 parking space
Tower features:
  • Rooftop pool, Jacuzzi, sauna
  • Gym
  • Lots of cafes, restaurants, stores around
  • Excellent 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. It is possible to walk to the Marina and 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.

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.