Studio, Shaista Azizi
Studio, Shaista Azizi, Al Furjan
Subway 8-min walk
18.01.2025
ROI (w/o OPEX)
10,85%
($4 478/sqm)
AED 580 000
Unit price:
$158 904
13%
Price growth rate per year:
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Total investment amount:
$179 337
- Unit price: $158 904
- Renovation price: $1 370
- Furnishings: $5 479
- Commission: $3 178
- DLD fee payment: $6 515
- Transaction registration: $1 151
- Legal support of the transaction: $1 370
- Manager cheque: $2 384
Expenses per year:
$6 866
- Service charge: 0
- Utilities:: $658
- Internet: $1,266
- AC: $986
- AC maintenance: $110
- Management fee: $3 847
Calculations:
ROI (w/o OPEX):
10,85%
Net rental income per year (with OPEX):
7,43%
Rental income per year (w/o OPEX):
$21 370
Rent payments:
$1 781 / $21 370
$1 781 / $21 370
About the unit:
Total area
35 sqm
Awesome rental option! New building, metro within walking distance
Shaista Azizi - the new 15-storey building from the developer Azizi, completed in 2021. The house is located in the Al Furjan area, which is a 10-minute drive from Dubai Marina and JLT. The area has developed infrastructure: metro, schools, kindergartens, shops, a large shopping center Ibn Battuta Mall is a 10-minute drive away.
8 minutes walk to the Discovery Gardens metro
Shaista Azizi - the new 15-storey building from the developer Azizi, completed in 2021. The house is located in the Al Furjan area, which is a 10-minute drive from Dubai Marina and JLT. The area has developed infrastructure: metro, schools, kindergartens, shops, a large shopping center Ibn Battuta Mall is a 10-minute drive away.
8 minutes walk to the Discovery Gardens metro
2021
Year of delivery
8 / 12
Floor
1
Bathroom
Building & apartment features
Built-in wardrobes
Underground parking
Security
Swimming pool
Spa area
Balcony
Stunning views
Kitchen appliances
Gym
AC
Details:
- Studio
- 1 bathroom
- 1 balcony
- Area: 35 sq m
- 8th floor (out of 12) apartment 818
- Furnished and equipped
- 1 parking space
Tower features:
- Pool
- Gym
- New building
- Metro within walking distance
- Transport accessibility
The Al Furjan area consists of modern villas and mid-rise houses surrounded by green areas, parks, jogging and walking paths. There is also a 40-kilometer bike path. Residents of the complex have access to developed infrastructure and landscaped recreation areas.
The location is ideal for both comfortable living and profitable investment.
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.