2 bedrooms, Princess Tower
Dubai, Dubai Marina, Princess Tower
Beach 3-min walk
27.12.2024
ROI
9,29%
($4 520/sqm)
AED 2.000.000
Unit price:
$547 945
8%
Price growth rate per year:
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Total investment amount:
$607 611
- Unit price: $547 945
- Renovation price: $2 740
- Furnishings: $12 329
- Commission: $10 959
- DLD fee payment: $22 077
- Transaction registration: $1 151
- Transaction legal support: $2 192
- Manager cheque: $8 219
Expenses per year:
$23 712
- Service charge: $5 942
- Utilities: $1 973
- Internet: $1 266
- AC: $2 959
- AC maintenance: $329
- Management commission: $11 244
Calculations:
ROI:
9,29%
Net rental return per year:
6,37%
Total rental return per year:
$62 466
Rent payments:
$5 205 / $62 466
$5 205 / $62 466
About the unit:
Total area
121 sqm
Princess Tower is the second tallest residential building in the world (101 floors) from the developer Tameer Holdings, built in 2012. The house is located within walking distance from the sea, the promenade area around the Marina Walk canal, there are many shops and restaurants nearby.
Residents have access to: several swimming pools, a jacuzzi, a gym, a boxing and yoga room, a children's playground, a lounge on the top floor with stunning views of the sea, Palm Jumeirah, a Ferris wheel.
3 minutes walk to Barasti Beach, 5 minutes walk to the tram stop.
Residents have access to: several swimming pools, a jacuzzi, a gym, a boxing and yoga room, a children's playground, a lounge on the top floor with stunning views of the sea, Palm Jumeirah, a Ferris wheel.
3 minutes walk to Barasti Beach, 5 minutes walk to the tram stop.
2012
Construction year
31 / 101
Floor
3
Bathrooms
Building & apartment features
Built-in wardrobes
Underground parking
Security
Swimming pool
Spa area
Balcony
Stunning views
Kitchen appliances
Gym
AC
Details:
- 2 bedrooms
- 3 bathrooms
- 2 balconies
- Area: 121 sqm
- 31st floor out of 101
- View of the sea and skyscrapers
- Corner Master Bedroom
- 1 parking space
- Vacant
Tower features:
- 2 swimming pools, 2 gyms
- Children's playground
- Billiards
- Lounge on the 97th floor
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.