Studio, Boutique XII
Dubai, Al Jaddaf, Boutique XII
Metro station
5-min walk
34 m²
Property area
Q2 2024
Handover date
29.02.2024
8 out of 11
Floor
1
Bathroom(s)
Rental yield: 7,42%
TOTAL INVESTMENT AMOUNT: $193 397
  • Unit price: $169 863
  • Renovation price: $1 370
  • Furnishings: $5 479
  • Комиссия: $3 567
  • DLD fee payment: $6 954
  • Transaction registration: $1 151
  • Transaction legal support: $1 370
  • Power of attorney: $1 096
  • Manager cheque: $2 548

TOTAL RENTAL YIELD PER YEAR: $23 014
  • Rent payments: $1 918 (per month) / $23 014 (per year)

EXPENSES PER YEAR: $8 670
  • Service charge: $1 508
  • Utilities: $658
  • Internet: $1 266
  • AC: $986
  • AC maintenance: $110
  • Management commission: $4 142

NET RENTAL YIELD PER YEAR: $14 344
or 7,42%
Price growth rate per year: 22%
$169 863 ($4 982/m²)
EJARI rental yield: 5,80%
620 000 AED
Built-in wardrobes
Underground parking
Security
Swimming pool
Spa area
Balcony
AC
Stunning views
Kitchen appliances
Gym
Elite Residence is a 91-story skyscraper with a height of 380.5 meters, located near Palm Jumeira island on the territory of the Dubai Marina complex. The building itself is located on the first line of houses from the sea within walking distance from Barasti Beach. The house has everything you need for a comfortable life: swimming pool, spa, gym, gym, shops, restaurants.

2-minute walk to the tram and bus stop

  • 1 bedroom
  • 2 bathrooms
  • 1 balcony
  • Area: 89 sq m
  • Floor 40 (out of 91)
  • Unfurnished

Key tower features:
  • Swimming pool
  • Gym
  • Walking distance to the beach
  • Sauna
  • Parking space
Al Jaddaf district is known for the Dubai Culture Village project, which aims to showcase the rich cultural heritage of the region. The village includes art galleries, theaters, and other cultural facilities.

Al Jaddaf is strategically located near the main business and entertainment centers of Dubai. From here, you can easily reach Dubai International Airport, Dubai Mall, and Dubai Festival City Mall.

Also, the area is located along an extended part of Dubai Bay, which provides some facilities with a view of the waterfront. The expansion of the creek has become part of Dubai's efforts to develop coastal areas.