Studio, Jumeirah Bay X1
Dubai, JLT, Jumeirah Bay X1
Metro station 10-min walk
25.08.2024
ROI
11,52%
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($5 258/m²)
AED 740 000
Unit price:
$202 740
13%
Price growth rate per year:
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:
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ROI:
11,52%
Net rental return per year:
7,99%
Total rental return per year:
$27 945
Rent payments: $2 329 / $27 945
About the unit:
Total area
37 sqm
Spacious apartment with panoramic skyscraper views

Jumeirah Bay X1 is a 41-storey residential tower by developer Nakheel Properties, completed in 2009. It is a part of Jumeirah Bay complex consisting 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 subway
2009
Construction year
2 / 41
Floor
1
Bathroom
Apartment and building 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
● Area: 37 sq. m.
● 2nd floor of 41
● Furniture and appliances
● 1 parking space
● Vacant
Tower features:
  • Rooftop pool, Jacuzzi, sauna
  • Gym
  • Lots of cafes, restaurants, stores around
  • Excellent transportation accessibility
District
Map

Jumeriah Lake Towers is an ideal neighborhood for investment and living, located in the heart of Dubai. It is an exceptional tranquil neighborhood with serene lakes and green parks. JLT is strategically located between Dubai Marina and Jebel Ali, making it ideal for those looking for convenience and affordability.

Eco-friendly: The neighborhood is built around three artificial lakes and has a huge 55,000 m² green park. In winter there is a market, yoga workshops and open-air movie screenings.

Good transport accessibility: 2 metro stations and exit on Sheikh Zayed road, beaches are literally 15 minutes away, and the nearest large shopping center Dubai Marina Mall is 5 minutes away by transport.

Developed infrastructure: 2 universities, several kindergartens, many supermarkets, medical centers. It is possible to walk to the Marina and beaches
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 is expensive
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.
Accompany the transaction under key
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.