Property type
No. of bedrooms
Area
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1 BR at Bay Central, West (Dubai Marina, Dubai)

AED 970,000
BUA677 ft2
Price per ft21,432 AED
Property typeApartment
AreaDubai Marina
DevelopmentBay Central West
ID (Ref.No)imex-45781
Floor10
Bathrooms1
Operated by HotelNO
DeveloperSELECT GROUP
Primary viewsea view
Secondary viewArabian Canal
Rented 1BR with 8,4% rental return

Great opportunity for investors! 1BR apartment in Bay Central West directly from the developer, Select Group!

The flat is already leased out at a price of about AED 80,000 (USD21,800) per annum. No need for tenants search! One of the highest and easiest ROI of about 8,4 per cent per year.

APARTMENT’S POSITIVES:

  • 10th Floor
  • 8,4% rental return
  • Partial marina views
  • Front line marina location
  • Quick access to transport links
  • 6% Built in

ABOUT THE DEVELOPMENT:

Bay Central is an exclusive development comprising of 3 towers or a mixed use development project of the Select Group. Each of the towers offers wonderful panoramic views as well as occupies the foremost position in the prestigious man made Dubai Marina.

Bay Central West is one of the towers of the above mentioned development. It is also a residential project. Then each of those towers will share the common podium.

FACILITIES and AMENITIES:

  • Secure Underground Parking
  • Temperature-Controlled Swimming Pools
  • Caretaker Desk
  • Sauna and Steam Room
  • Children Playing Area
  • 24 Hour Maintenance
  • House Keeping Service
  • Shaded Pool Area
  • Gymnasium
  • Spa
  • 24 Hour Security
  • Shopping Areas
The apartment is offered by Victoria Khokhlova, The Select Group.

Facilities
  • 24 hour security
  • Balcony
  • Public transport
  • Convenience store
  • Concierge facility
  • Banks
  • Restaurants
  • Shopping centre
  • Retail Services
Location
Related offers
AED 970,000
BUA677 ft2
Price per ft21,432 AED
Property typeApartment
AreaDubai Marina
DevelopmentBay Central West
ID (Ref.No)imex-45781
Floor10
Bathrooms1
Operated by HotelNO
DeveloperSELECT GROUP
Primary viewsea view
Secondary viewArabian Canal
Oleg Lavrik
Agent | BRN: 5201
Language: Russian
Office Tel: +971 4 3951911
Tel: +7 903 232 80 80
Tel: +971 50 2528188    
E-mail: oleg@imexre.com
Skype: resident69

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Lease process (Rent out)

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership

1 day

Ad placement:

  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.

Up to 2 days

Signing of the lease agreement

Expenses of the seller:

None

Additional services:

Property management

Lease process (Rent)

1 hour

Contract of the lessee and agency.

Up to 5 days

Real estate search.

Selection of optimal options.

Up to 2 days

Signing of the lease agreement

Expenses of the lessee:

-5% agency commission of the annual contract price

Additional services:

None

Purchase process

1 hour

Contract of the tenant and agency.

~ 2 weeks secondary

~ 3 weeks new building

Property Selection

Selection of optimal options

1 Week

Registration of the contract of purchase / sale

Customer charges:

  • 2% from purchase at transaction
  • 4% - registration of the transaction at registration

Additional services:

Property management

Sales Process

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership

1 day

Ad placement:

  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.

Up to 2 days

Signing of the lease agreement

Expenses of the seller:

None

Additional services:

None

the management process

1 hour

Contract of the owner and agency

1 year

Rendering of management services

1 day

Reporting

Expenses of the owner:

5% of the annual rental price

Additional services:

None

Investment Process

1 hour

Contract of the tenant and agency.

From 3 days

Selection of optimal investment options

1 Week

Registration of the contract of purchase / sale

Expenses of the investor:

  • 2% when investing in the secondary market
  • 0% when investing in a new building
  • 4% - registration

Additional services:

Property management