Studio, Peninsula 3
Dubai, Business Bay, Peninsula 3
Metro station 10-min walk
25.12.2024
ROI
9,81%
($7 356/sqm)
AED 1 085 000
Unit price:
$297 260
15%
Price growth rate per year:
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Total investment amount:
$329 905
- Unit price: $297 260
- Renovation price: $1 370
- Furnishings: $5 479
- Commission: $5 945
- DLD fee payment: $12 049
- Transaction registration: $1 151
- Transaction legal support: $2 192
- Manager cheque: $4 459
Expenses per year:
$11 389
- Service charge: $2 156
- Utilities: $658
- Internet: $1 266
- AC: $986
- AC maintenance: $110
- Management commission: $6 214
Calculation:
ROI:
9,81%
Net rental return per year:
7,01%
Total rental return per year:
$34 521
Rent payments:
$2 877 / $34 521
$2 877 / $34 521
About the unit:
Total area
40 sqm
Apartment in a new building, delivery is planned for Q2 2025.
Peninsula Three is a new residential complex in Dubai from the premium developer Select Group in the Business Bay area. The complex consists of 49 floors and includes studios and apartments with 1 and 2 bedrooms with a modern design.
5 minutes walk to the bus stop, 7 minutes to Dubai mall, 12 minutes walk to Business Bay metro, 15 minutes to Jumeirah Beach.
Peninsula Three is a new residential complex in Dubai from the premium developer Select Group in the Business Bay area. The complex consists of 49 floors and includes studios and apartments with 1 and 2 bedrooms with a modern design.
5 minutes walk to the bus stop, 7 minutes to Dubai mall, 12 minutes walk to Business Bay metro, 15 minutes to Jumeirah Beach.
Q2 2025
Construction year
4 / 49
Floor
1
Bathroom
Building & apartment features
Built-in wardrobes
Underground parking
Security
Swimming pool
Spa area
Balcony
Stunning views
Kitchen appliances
Gym
AC
Details:
- 1 bathroom
- Balcony
- 4th floor of 49
- Area: 40 sqm
- View of the canal and partly of the Skyline
- Unfurnished, with appliances
- 1 parking space
Tower features:
- Adult and children's pool
- Jacuzzi
- Gym
- Children's playground
- Equipped terrace
- Picnic area
- High-quality materials in construction and finishing
- Proximity to Bay Avenue, supermarket, cafes, restaurants, canal embankment, etc.
Business Bay is a constantly evolving and one of the most fashionable areas of Dubai.
Business Bay is located between the Dubai Water Canal and the city center area, close to the metro and major arteries, and a few minutes' drive from the airport, Dubai Design District, DIFC International Financial Center and DWTC World Center.
The infrastructure of each area includes everything necessary for work and comfortable living - modern offices, gyms, restaurants, swimming pools and shopping malls.
There are many kindergartens in this area: Hummingbird area, Maple Bear, Blossoms, Churchill Towers; and schools: Jumeirah and Safa, Al Quoz, GEMS and Gems Wellington.
One of the best hospitals in the area, Emirates Hospital Clinic, is famous for its excellent diagnostics and qualified specialists.
The main attractions of Business Bay are the multifunctional complex Al Habtoor City, the unique aquatheatre La Perle, as well as many panoramic lounges with different views of the world's tallest skyscraper Burj Khalifa.
Business Bay has previously become the best investment real estate site in Dubai. Housing prices in this area have grown by 17% in 2 years - this is one of the highest growth rates in the Dubai real estate market.
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.