Ready-made flipping case: 1BR in Discovery Gardens with a profit of 96,600 AED in 90 days
A detailed breakdown of a completed project with a full "purchase-renovation-sale" cycle in 3 months. This case demonstrates how proper planning and control at each stage turn an investment in outdated property into a source of quick profit.
Stage 1: Analysis and acquisition of a strategic asset (15 days). We deliberately chose a 1-bedroom apartment in Discovery Gardens—an area with high, constant demand from tenants and expat buyers. The criterion was the price of 690,000 AED for a property with "basic" finishes 10 years old, which allowed for maximum potential for added value. The first step was comprehensive legal due diligence to eliminate hidden risks.
Stage 2: Detailed planning and renovation estimate. Before starting work, a detailed design project and technical specification were prepared with a fixed estimate of 70,000 AED. The focus was on transforming key areas most significant for the final value: the kitchen and bathroom. All materials were selected based on the optimal balance of price, quality, and visual impact.
Stage 3: Phased execution of renovation works (45 days).
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Weeks 1-2: Demolition and preparation. Complete removal of old coverings, partitions, and plumbing. New electrical wiring was installed with modern distribution boards and preparation for smart lighting points. All water supply and sewer pipes were replaced.
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Weeks 3-4: Rough finishing and screed. Leveling of all walls and ceilings with drywall and plaster. Pouring of cement floor screed with installation of underfloor heating in the bathroom. Installation of new window units.
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Weeks 5-6: Finish work and installation. Laying of porcelain tiles in the bathroom and hallway, installation of premium laminate in living areas. Installation of stretch ceilings with LED lighting. Application of non-woven wallpaper and painting of walls in current neutral tones.
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Weeks 7-8: Kitchen and plumbing installation and assembly. Installation of a modern kitchen with MDF fronts, quartz countertop, and built-in appliances (hob, oven, hood, dishwasher). Installation of a shower cabin, wall-hung toilet, sink, and faucets. Assembly and installation of built-in sliding wardrobes in the dressing room.
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Weeks 9-10: Final works and staging. Installation of all light fixtures, sockets, and switches. Installation of the air conditioning system. Final cleaning and professional staging: arrangement of furniture, textiles, and decor for presentable photo and video shooting.
Stage 4: Marketing and sale at the target price (30 days). The renovated apartment was positioned as a ready-made solution for comfortable living. A multichannel advertising campaign was launched. Thanks to the quality of renovation and correct positioning, the property was sold for 920,000 AED. After deducting the agency commission (2%), the net income amounted to 901,600 AED.
Final financial result. Total investments, including all related expenses (purchase, DLD, commissions, renovation), amounted to 805,000 AED. The investor's net profit was 96,600 AED. The project's ROI was 12% over 90 days, equivalent to ~49% annually. The key to success is a systematic approach: from choosing a location and property with potential to strict budget and timeline control at each renovation stage.
This case is a benchmark for passive investments in Dubai real estate. We are ready to replicate this successful model on new properties with a similar work structure, budget, and guaranteed implementation timeline.
