Studio, Lumina Vista
Dubai, JVC, Lumina Vista
Downtown 20 min by car
15.01.2024
ROI (w/o OPEX)
10,00%
($4 347 / sqm)
AED 650 000
Unit price:
$178 082
19%
Price growth rate per year:


Total investment amount:
$200 967
  • Unit price: $178 082
  • Renovation price: $1 370
  • Furnishings: $5 479
  • Commission: $3 562
  • DLD fee payment: $7 282
  • Transaction registration: $1 151
  • Legal support of the transaction:
$1 370
  • Manager cheque: $2 671
Expenses per year:

$8 468
  • Service charge: $1 812
  • Utilities: $658
  • Internet: $1 266
  • AC: $986
  • AC maintenance:$110
  • Management fee: $3 965
Calculations:

ROI (w/o OPEX):
10,00%
Net rental income per year (with OPEX):
6,71%
Rental income per year (w/o OPEX):
$22 027
Rent payments:
$1 836 / $22 027
About the unit:
Total area
40 sqm
Apartment in a new building with a terrace

Lumina Vista - the new club house from the developer ARIB Developments with a two-level podium and five residential floors. The podium contains a car park, amenities for residents and commercial premises.

The Lumina Vista club house is being built in the center of the JVC area. In the neighboring blocks there are three green parks at once. Opposite is a bus stop. Several cafes and a five-star hotel FIVE Jumeira Village are nearby. The nearest kindergarten is 100 meters away, and the secondary school is 1000 meters away. The Circle Mall shopping center can be reached by car or taxi in 5 minutes.

The road to Dubai Marina takes 15 minutes, to Downtown 20 minutes.

3-year installments
Upon purchase: 470,000 AED
Installments: 180,000 AED







Q4 2024
Year of delivery

1 / 5
Floor
1
Bathrooms
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 with shower
  • Terrace
  • Area: 40 sq m
  • 1 floor (out of 5)
  • No furniture
  • 1 parking space
  • Vacant
Tower features:
  • Swimming pool
  • Fully equipped gym
  • Children's play area
  • Sauna
  • Podium level parking on the ground floor
  • Children's pool
Jumeirah Village Circle (JVC) - the master-planned residential community located in Dubai, UAE. It features a mix of villas, townhouses, and apartment buildings surrounded by parks and green spaces. Focused on community living, JVC offers a variety of amenities such as schools, retail outlets, and recreational facilities.

The development’s central location provides easy access to key areas of Dubai via major road networks. JVC is known for its diverse architecture and its commitment to creating a vibrant, communal environment for residents.
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.

Accompanying the transaction
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.
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.