Apartment in Dubai Marina with a net yield of 9.5%
Apartment: 1 bedroom in Marina Crown
- Area: Dubai Marina
- Total Cost: $247,520
- Net Income: $2183 per month
Apartment in Dubai Marina with a net yield of 9.5%
Apartment: 1 bedroom in Marina Crown
Area: Dubai Marina
Total Cost: $247,520
Net Income: $2183 per month
Area: Dubai Marina
Total Cost: $247,520
Net Income: $2183 per month
In February 2022, we were approached by a client who was looking for a reliable asset to preserve his capital and generate passive income in stable currency.
We were tasked with finding a liquid property that would bring the investor stable passive rental income. After looking at several properties, we decided on a 1-bedroom apartment in the Marina Crown Tower in the Dubai Marina area.
We were tasked with finding a liquid property that would bring the investor stable passive rental income. After looking at several properties, we decided on a 1-bedroom apartment in the Marina Crown Tower in the Dubai Marina area.
Leave a request for consultation
By clicking "Leave a request", I consent to the processing of my personal data
Dubai Marina neighborhood Dubai Marina is the main tourist center of Dubai, it has everything for life and recreation. Attractions: The neighborhood is built around the world's largest artificial bay, where you can go boating. There is also Marina Walk, Marina Mall and many restaurants and stores. Good transport accessibility: 2 metro stations and exit to Sheikh Zayed road, ferry to Business bay, beaches are literally 5-10 minutes on foot. Investment Attractiveness: Marina has the highest rental demand all year round - both tourists and expats love to live here, so your apartment will never be idle. |
- Marina Crown Tower
- View on Marina and skyscrapers
- 1 bedroom, 2 bathrooms and 1 balcony
- Area 78 sqm.
- 15th floor out of 52
We found a great option: a vacant apartment, excellent value (similar properties in the tower were selling for more), panoramic views of the skyscrapers, close to the metro and main roads, good condition and availability of furniture.
We managed to make repairs literally in 2 weeks and already in the first days of March we rented the apartment. Furnishing and repair work cost the investor only $5107.
Now our investor receives an average of $2183 per month net profit from renting out the apartment. The property is in high demand among tenants because of its location, beautiful renovation and panoramic view.
We managed to make repairs literally in 2 weeks and already in the first days of March we rented the apartment. Furnishing and repair work cost the investor only $5107.
Now our investor receives an average of $2183 per month net profit from renting out the apartment. The property is in high demand among tenants because of its location, beautiful renovation and panoramic view.
Complete facility calculations
Cost of the object
247 520 $
Renovation and furnishing
5 107 $
Land Department
10 059 $
Property registration
1151 $
Colife Commission
9 901 $
Total cost
275 088 $
Cost of the object
247 520 $
Renovation and furnishing
5 107 $
Land Department
10 059 $
Property registration
1151 $
Colife Commission
9 901 $
Total cost
275 088 $
Rental cost
35 567 $
Building maintenance
4 033 $
Colife Commission
5 335 $
Net income
26 200 $
ROI
9,5%
Rental cost
35 567 $
Building maintenance
4 033 $
Colife Commission
5 335 $
Net income
26 200 $
ROI
9,5%
We will find a liquid object for you and lease it to you
By clicking "Leave a request", I consent to the processing of my personal data
More cases
