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1 Bedroom 67.1 m2 | Sobha Orbis, Motor City | $428,743
Spacious 1 Bedroom apartment with an area of 67.1 m2 in the Sobha Orbis project by Sobha Group in Dubai Motor City.
The apartment is located on the 4th floor, has a balcony, clean finish and urban view. One combined bathroom is provided.
Planning
Page 10 of the presentation shows the layout of a particular unit - and I would definitely add it to the first photos.
This includes:
The layout is quite rational: there are practically no long useless corridors, the bedroom is physically separated from the living room, and from the living area there is an exit to the balcony.
For 67.1 m2, this is a good full 1 Bedroom, which is suitable for both single person or couple, and long-term rental.
About the project
Sobha Orbis is a project of Sobha Group in Dubai Motor City. The complex is formed by three connected towers over a common podium; the project features apartments with 1, 1.5 and 2 bedrooms. The completion date is 2027.
The infrastructure includes a large swimming pool, gym and fitness center, recreation areas, children's spaces, multi-sports grounds and padel courts.
On page 7, the master plan is particularly visible: the buildings form a large interior space with a swimming pool and landscaping.
And page 9 shows the commercial and public parts - cafes, restaurants, walking spaces and landscaping.
Location.
Based on project materials:
2 minutes - Sheikh Zayed Road
20 minutes - Dubai Marina
20 minutes - Palm Jumeirah
20 Minutes - City Walk
25 minutes - International Airport.
Investment component
The cost of a particular unit is $428,743.
There is an 80/20 payment plan:
20% + 4% DLD – down payment;
60% during construction;
20% for key transfers.
The presentation indicates the average benchmark for ROI when renting about 8% per annum. This is an indicator from the materials of the project, and not a guaranteed profitability of a particular unit.
