Skycourt Towers in Dubai

Name: Sales in Skycourt Towers started!
Start: 2019-11-27T07:02:37.025085+00:00
End: 2023-12-31T23:59:59+0000
Location: Skycourt Towers

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Project info

Object ID: 1659

Finished at	November 2019
Price, m²	From 1760$
Buy online	Details
Installment plan	no
Bank mortgage
Property type	Aparment building
Square	from 65.00 m²
Floors	6
Apartments	2832
Building phase	Completed
Condition	Fresh renovation
Construction type	Monolyth
Security	Security
Conveniences	Parking Fitness Pool
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Personal discount certificate 300$
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Return on investment for apartment

with price

10,110$

Rental income

1,103$

Management

689$

Utilities

505$

5% Income tax

7,813$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	22%	7	40$	280$
February	28	28%	8	40$	320$
March	31	16%	5	42$	210$
April	30	16%	5	50$	250$
May	31	38%	12	50$	600$
June	30	66%	20	55$	1100$
July	31	80%	25	90$	2250$
August	31	80%	25	90$	2250$
September	30	53%	16	75$	1200$
October	31	51%	16	50$	800$
November	30	33%	10	40$	400$
December	31	32%	10	45$	450$
Total	365		159		10110$
Average		42%		55$

Total invested

114,400$

Net profit

7,813$

Payback period

11.3 years

Avg property value increase per year

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About the project

Amenities

Swimming Pool, Cafe and Restaurants, Health Club, Gymnasium, Children's Swimming Pool, Concierge Services, Children's Play Area

Developer

National Properties Corporation, is a subsidiary of National Bonds Corporation, the leading shari'a-compliant savings and Investment Company…
Details about National Properties