Studio, Prime Residency 3
Dubai, Al Furjan, Prime Residency 3
Bus stop 1-minute walk
07.08.2024
ROI (without ОРЕХ)
10,85%
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($4 158/m²)
AED 595 000
Unit price:
$163 014
7%
Price growth rate per year:
Total investment amount:
$180 919
  • Unit price: $163 014
  • Renovation price: $1 370
  • Commission: $4 890
  • DLD fee payment: $6 679
  • Transaction registration: $1 151
  • Transaction legal support: $1 370
  • Manager cheque: $2 445
Expenses per year:
$8 600
  • Service charge: $1 734
  • Utilities: $658
  • Internet: $1 266
  • AC: $986
  • AC maintenance: $110
  • Management commission: $3 847
Calculations
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ROI (without ОРЕХ):
10,85%
Net rental return per year, % (incl. ОРЕХ):
7,06%
Total return per year (without ОРЕХ):
$21 370
Rent payments: $1 781 / $21 370
About the unit
Property area
39 м²
Apartment in a new house in a dormitory area with the subway. Keys already this year. Installment until 2027!

Prime Residence 3 is a new 10-storey residential complex in Dubai by developer Prescott in Al Furjan neighborhood. Completion of the complex is scheduled for September 2024.

The building has a chic entrance group with high ceilings, swimming pool, playroom, garden and Club House with co-working areas.
2024
Construction year
4 / 7
Floor
1
Bathroom
Building & apartment features:
Built-in wardrobes
Underground parking
Security
Swimming pool
Spa area
Balcony
Stunning views
Kitchen appliances
Gym
AC
Details
  • Studio
  • 1 bathroom
  • 1 balcony
  • Area: 39 sq m
  • Floor 4 (out of 7)
  • Furnished apartment with appliances
  • 1 parking space

Payment plan:
  • At purchase: 408,440 AED
  • Installment to the developer 186,560 AED until September 2027 every 3 months
Amenities
  • Swimming pool
  • Gym
  • Children's playground
  • Children's pool
  • Barbecue area
  • Yoga room
  • Club House
  • Sauna and Hamam
District
Map
Al Furjan is a residential neighborhood located in the south of Dubai. Its name comes from an Arabic word meaning "a collection of houses" or "a small village". Al Furjan is located in the Jebel Ali neighborhood, close to major roads such as Sheikh Zayed Road and Sheikh Mohammed bin Zayed Road. The village is also close to major business and commercial centers such as Dubai Marina and JLT.

The neighborhood is famous for its landscaped and green areas that create a pleasant atmosphere for residents. Parks and various recreational areas provide opportunities for active recreation and relaxation.
What the apartments look like after the Colife team's work
Selecting a liquid object
The main business of Solife Invest is real estate management. We re interested in selecting a property that will be in demand and rent without downtime.
We completely take care of every step of the way
Renting your apartment expensively
We promote each object and provide additional service for tenants, so we rent more expensive and faster even in off season.
We fully provide the entire process, starting from transferring money and ending with the control of signing all the documents. You don t even have to come to Dubai - everything can be done remotely.
Accompanying the transaction
We pay you net passive income from 6% per annum
You can be located in any country. We fully service your object from delivery to solving everyday issues of the tenants, provide you with a financial report and pay the income in any convenient way.
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Doing renovations and furnishing
We have prepared more than 700 apartments for rent and know exactly how to quickly and inexpensively make an interior that tenants like.
Sell the facility if you decide to lock in a yield
We maintain analytics on all of our investors' properties and when we see an increase in value of more than 30%, we offer to lock in the yield with full sales support.