Studio, Jumeirah Bay X1
Dubai, JLT, Jumeirah Bay X1
37 m²
Property area
2009
Construction year
6 out of 41
Floor
1
Bathroom(s)
Built-in wardrobes
Underground parking
Security
Swimming pool
Spa area
Balcony
AC
Stunning views
Kitchen appliances
Gym
$189 041 ($5 087/m²)
690 000 AED
Rental yield: 8,95%
Sobha
10-min walk
Price growth rate per year: 12%
TOTAL INVESTMENT AMOUNT: $216 499
  • Unit price: $189 041
  • Renovation price: $1 370
  • Furnishings: $8 219
  • Commission: $3 970
  • DLD fee payment: $7 721
  • Transaction registration: $1 151
  • Transaction legal support: $1 370
  • Power of attorney: $822
  • Manager cheque: $2 836

TOTAL RENTAL YIELD PER YEAR: $29 260
  • Rent payments: $2 438 (per month) / $29 260 (per year)

EXPENSES PER YEAR: $9 888
  • Service charge: $1 602
  • Utilities: $658
  • Internet: $1 266
  • AC: $986
  • AC maintenance: $110
  • Management commission: $5 267

NET RENTAL YIELD PER YEAR: $19 372
or 8,95%
Jumeirah Bay X1 is a 41-storey residential tower by Nakheel Properties built in 2009. It is a part of Jumeirah Bay development consisting of 3 towers named X1, X2 and X3. The X1 tower is a residential one, the X2 one is a business center and the X3 tower is a hotel. The building is located next to the JLT lake, a park with children's and sports grounds is located within walking distance from the tower.

8-minute walk to the Sobha metro station.

● Studio
● 1 bathroom
● Area: 37 sq. m.
● Floor 6 (out of 41)
● Lake view
● No furniture and appliances
● 1 parking place
● Vacant

Key tower features:
  • Roof top pool, jacuzzi, sauna
  • Gym
  • Lots of cafes, restaurants, stores around
  • Excellent transport accessibility
Jumeirah Lake Towers is a perfect neighborhood for both investment and living, located in the heart of Dubai. It is an exceptionally quiet community with serene lakes and green parks. JLT is strategically located between Dubai Marina and Jebel Ali, making it an ideal location for those seeking convenience and affordability.

JLT is eco-friendly, as it was constructed around 3 man-made lakes and has a huge 55,000 m² green park. In winter there is a market, yoga workshops and open-air movie screenings.

The community is awesome in regards to transport accessibility: it has 2 metro stations and an exit on Sheikh Zayed road, the beaches are literally 15 minutes away, and the Dubai Marina Mall is nearby, just 5 minutes away by car.

It also has an extensive infrastructure: 2 universities, several kindergartens, an abundance of supermarkets and medical centers. You can easily walk to the Marina and its beaches.