Studio, Jumeirah Bay X1
Dubai, JLT, Jumeirah Bay X1
Metro station 10-min walk
25.08.2024
ROI (without OPEX):
11,52%
($5 258/m²)
AED 740 000
Unit price:
$202 740
13%
Price growth rate per year:
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Total investment amount:
$236 584
- Unit price: $202 740
- Renovation price: $1.370
- Furnishings: $4 110
- Commission: $6 082
- DLD fee payment: $8 269
- Transaction registration: $1 151
- Transaction legal support: $1 370
- Manager cheque: $3 041
Expenses per year:
$9 712
- Service charge: $1 662
- Utilities: $658
- Internet: $1 266
- AC: $986
- AC maintenance: $110
- Management commission: $5 030
Calculations
ROI (without ОРЕХ):
11,52%
Net rental return per year (incl. ОРЕХ):
7,40%
Rental return per year (without ОРЕХ):
$27 945
Rent payments: $2 329 / $27 945
About the unit
Property area
37 m²
Spacious apartment with panoramic skyscraper views
Jumeirah Bay X1 is a 41-storey residential tower developed by Nakheel Properties, completed in 2009. It is part of the Jumeirah Bay complex, which consists 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 metro station
Jumeirah Bay X1 is a 41-storey residential tower developed by Nakheel Properties, completed in 2009. It is part of the Jumeirah Bay complex, which consists 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 metro station
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
- 1 bedroom
- 1 bathroom
- Lake view
- Property area: 37 sqm
- Floor 2 (of 41)
- Furniture and appliances
- 1 parking space
- Vacant
Amenities
- Rooftop pool, jacuzzi, sauna
- Gym
- Many cafes, restaurants and shops nearby
- Excellent transportation access
Jumeirah Lake Towers is the perfect neighborhood for both investment and living, located in the heart of Dubai. It offers a quiet environment with beautiful lakes and green parks. The strategic location between Dubai Marina and Jebel Ali makes it the greatest choice for those who seek convenience and affordability.
Eco-friendly: The neighborhood was built around the three man-made lakes and a vast 55,000 m² green park. In the winter, there are bustling markets, invigorating yoga workshops, and entertaining open-air movie screenings.
Good transport accessibility: the district features 2 metro stations and an exit on Sheikh Zayed Road; beaches are just 15 minutes away by foot, and the nearest major shopping center, Dubai Marina Mall, is only a 5-minute drive.
Developed infrastructure: Jumeirah Lake Towers boasts 2 universities, several kindergartens, several supermarkets, and medical centers. Residents can easily walk to the Marina and the beaches.
Eco-friendly: The neighborhood was built around the three man-made lakes and a vast 55,000 m² green park. In the winter, there are bustling markets, invigorating yoga workshops, and entertaining open-air movie screenings.
Good transport accessibility: the district features 2 metro stations and an exit on Sheikh Zayed Road; beaches are just 15 minutes away by foot, and the nearest major shopping center, Dubai Marina Mall, is only a 5-minute drive.
Developed infrastructure: Jumeirah Lake Towers boasts 2 universities, several kindergartens, several supermarkets, and medical centers. Residents can easily walk to the Marina and the 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.
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.
Accompanying the transaction
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.