Studio, Saba Tower 3
Dubai, JLT, Saba Tower 3
42 m²
Property area
2008
Construction year
6 out of 37
Floor
1
Bathroom(s)
Built-in wardrobes
Underground parking
Security
Swimming pool
Spa area
Balcony
AC
Stunning views
Kitchen appliances
Gym
$205 479 ($4 840/m²)
750 000 AED
DMCC metro station
Rental yield: 8,10%
2-min walk
Price growth rate per year: 12%
TOTAL INVESTMENT AMOUNT: $233 639
  • Unit price: $205 479
  • Renovation price: $1 370
  • Furnishings: $6 849
  • Commission: $4 315
  • DLD fee payment: $8 378
  • Transaction registration: $1 151
  • Transaction legal support: $1 370
  • Power of attorney: $822
  • Manager cheque: $3 082

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

EXPENSES PER YEAR: $10 327
  • Service charge: $2 041
  • Utilities: $658
  • Internet: $1 266
  • AC: $986
  • AC maintenance: $110
  • Management commission: $5 267

NET RENTAL YIELD PER YEAR: $18 933
or 8,10%
Studio in a building near the park and lake with high ROI

Saba Tower 3 is a 37-storey tower from the Saba Group built in 2007. It is located on the lake shore, within JLT Cluster Q. JLT Park and the lakes are nearby. Many stores, cafes, restaurants, playgrounds, and sports fields are nearby.

6-minute walk to the metro Sobha

  • Studio
  • 1 bathroom
  • With balcony
  • Area: 42 sqm
  • Floor 6 (out of 37)
  • Marina view
  • 1 parking place
  • VACANT

Key tower features:
  • Swimming pool, rooftop Jacuzzi
  • Gym, sauna
  • Amazing transportation accessibility
  • Park and lake are nearby
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.