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Apartment in Jumeirah Village Circle, Dubai, UAE 58 sq.m. № 541458
57
ID541458
860 000 AED
- AED
- EUR €
- USD $
- RUB ₽
- GBP £
Property description
RE/MAX TOP NEOM is delighted to offer this fully furnished Studio in Elitz located in Jumeirah Village Circle (JVC) with 1 percent instalments till 2029.PROPERTY DETAILS:
* STUDIO
* 1 Bathroom
* 1 Parking
* Area: 624.63 Sq. Ft.
* PRICE: AED 860,000/-
AMENITIES AND FEATURE:
* Height Floor
* Landscape - villas View
* Payment plan is unique
* %1 monthly
* Handover 4th quarter of 2025
* First handover in Danube elite projects
* Fully furnished
* Smart home
**EXPECTED ROI
The apartment price is AED 860,000.
You pay a down payment of AED 391,000 upfront.
The remaining balance (AED 469,000) is paid over 5 years in monthly installment of AED 7,600.
HANDOVER AND EXPECTED RENT:
*Handover: Expected in 2025.
The rental income after handover is around AED 75,000 per year.
RENTAL INCOME:
Once the apartment is rented for AED 75,000 per year, this income helps cover your monthly installment of AED 7,600.
RETURN ON INVESMENT (ROI):
Annually, the rental income (AED 75,000) will cover about 82% of your total yearly installment (7,600 x 12 months = AED 91,200).
So, you’re barely paying much out of pocket, as rent will offset most of the installment costs.
CAPITAL APPRECIATION:
Over time, property values typically increase, giving you the potential for capital growth if you decide to sell in the future.
BOTTOM LINE:
The annual rent covers a significant portion of the monthly installment, and as property value appreciates, this investment will provide a strong return over time.
* Fully furnished
* Smart home
**EXPECTED ROI
The apartment price is AED 860,000.
You pay a down payment of AED 391,000 upfront.
The remaining balance (AED 469,000) is paid over 5 years in monthly installment of AED 7,600.
HANDOVER AND EXPECTED RENT:
*Handover: Expected in 2025.
The rental income after handover is around AED 75,000 per year.
RENTAL INCOME:
Once the apartment is rented for AED 75,000 per year, this income helps cover your monthly installment of AED 7,600.
RETURN ON INVESMENT (ROI):
Annually, the rental income (AED 75,000) will cover about 82% of your total yearly installment (7,600 x 12 months = AED 91,200).
So, you’re barely paying much out of pocket, as rent will offset most of the installment costs.
CAPITAL APPRECIATION:
Over time, property values typically increase, giving you the potential for capital growth if you decide to sell in the future.
BOTTOM LINE:
The annual rent covers a significant portion of the monthly installment, and as property value appreciates, this investment will provide a strong return over time.
Trakheesi Permit: 71468030342
Dubai - Statistics
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| Parameters | Dubai |
|---|---|
| Rent Per Month | |
| Apartment (1 bedroom) in City Centre | 8 333.34 AED |
| Apartment (1 bedroom) Outside of Centre | 5 195.32 AED |
| Apartment (3 bedrooms) in City Centre | 15 444.41 AED |
| Apartment (3 bedrooms) Outside of Centre | 10 228.18 AED |
| Buy Apartment Price | |
| Price per Square Meter to Buy Apartment in City Centre | 23 159.00 AED |
| Price per Square Meter to Buy Apartment Outside of Centre | 12 727.46 AED |
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| Parameters | Dubai |
|---|---|
| Crime Index | 16.23 |
| Cost of Living and Rent Index | 55.45 |
| Purchasing Power Index | 118.31 |
| Property Price to Income Ratio | 7.08 |
| Safety Index | 83.77 |
| Traffic CO₂ Index | 8038.50 |
| Traffic Inefficiency Index | 249.51 |
| Rent Index | 51.34 |
| Health Care Index | 69.68 |
| Groceries Index | 47.38 |
| Pollution Index | 48.87 |
| Traffic Commute Time Index | 36.31 |
| Restaurant Price Index | 64.94 |
| Climate Index | 50.27 |
| Cost of Living Index | 58.75 |
| Quality of Life Index | 170.15 |
| Traffic Index | 169.47 |
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| Parameters | Dubai |
|---|---|
| Restaurants | |
| Meal, Inexpensive Restaurant | 40.00 AED |
| Meal for 2 People, Mid-range Restaurant, Three-course | 296.92 AED |
| McMeal at McDonalds (or Equivalent Combo Meal) | 35.00 AED |
| Domestic Beer (0.5 liter draught) | 45.00 AED |
| Imported Beer (0.33 liter bottle) | 50.00 AED |
| Coke/Pepsi (0.33 liter bottle) | 4.89 AED |
| Water (0.33 liter bottle) | 3.96 AED |
| Cappuccino (regular) | 21.88 AED |
| Markets | |
| Milk (regular), (1 liter) | 6.83 AED |
| Loaf of Fresh White Bread (500g) | 5.32 AED |
| Eggs (regular) (12) | 12.06 AED |
| Local Cheese (1kg) | 32.54 AED |
| Water (1.5 liter bottle) | 2.21 AED |
| Bottle of Wine (Mid-Range) | 56.00 AED |
| Domestic Beer (0.5 liter bottle) | 9.78 AED |
| Imported Beer (0.33 liter bottle) | 15.23 AED |
| Cigarettes 20 Pack (Marlboro) | 24.00 AED |
| Apples (1kg) | 8.98 AED |
| Chicken Fillets (1kg) | 33.01 AED |
| Oranges (1kg) | 7.35 AED |
| Potato (1kg) | 4.29 AED |
| Lettuce (1 head) | 5.73 AED |
| Rice (white), (1kg) | 9.43 AED |
| Tomato (1kg) | 5.94 AED |
| Banana (1kg) | 6.83 AED |
| Onion (1kg) | 5.45 AED |
| Beef Round (1kg) (or Equivalent Back Leg Red Meat) | 40.80 AED |
| Transportation | |
| One-way Ticket (Local Transport) | 6.50 AED |
| Monthly Pass (Regular Price) | 345.00 AED |
| Gasoline (1 liter) | 3.06 AED |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | 123 000.00 AED |
| Taxi Start (Normal Tariff) | 12.00 AED |
| Taxi 1km (Normal Tariff) | 2.50 AED |
| Taxi 1hour Waiting (Normal Tariff) | 30.00 AED |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | 84 071.60 AED |
| Utilities (Monthly) | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment | 770.61 AED |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | 371.15 AED |
| 217.42 AED | |
| Salaries And Financing | |
| Average Monthly Net Salary (After Tax) | 12 671.73 AED |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.72 |
| Sports And Leisure | |
| Fitness Club, Monthly Fee for 1 Adult | 306.81 AED |
| Tennis Court Rent (1 Hour on Weekend) | 167.14 AED |
| Cinema, International Release, 1 Seat | 50.00 AED |
| Clothing And Shoes | |
| 1 Pair of Jeans (Levis 501 Or Similar) | 243.33 AED |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | 204.54 AED |
| 1 Pair of Nike Running Shoes (Mid-Range) | 359.42 AED |
| 1 Pair of Men Leather Business Shoes | 370.10 AED |
| Childcare | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | 2 857.22 AED |
| International Primary School, Yearly for 1 Child | 48 616.45 AED |
Data are provided by Numbeo.com and are based on its users survey. Emirates.estate can not guarantee the validity of these data.
Contact the seller
Price
- Price
- per m²
860 000 AED
- AED
- EUR €
- USD $
- RUB ₽
- GBP £
Seller
Ali Alwan
CEO/ Business Owner
BRN: 44070
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