Palazzo Versace in Dubai

Name: Sales in Palazzo Versace started!
Start: 2019-11-25T12:21:10.322913+00:00
End: 2023-12-31T23:59:59+0000
Location: Palazzo Versace

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Project info

Object ID: 1561

Finished at	November 2019
Price, m²	From 3300$
Buy online	Details
Installment plan	no
Bank mortgage
Property type	Aparment building
Square	from 101.00 m²
Floors	10
Apartments	150
Building phase	Completed
Condition	Fresh renovation
Construction type	Monolyth
Security	Security
Conveniences	Parking Spa Fitness Pool Nearby subway stations Creek 6 min Al Jadaf 9 min GGICO 14 min Dubai/Healthcare City 21 min Deira City/Centre 21 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

333,300$

Net profit

9,376$

Payback period

28.4 years

Avg property value increase per year

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About the project

Amenities

Fitness Center, Health Club, Spa, Children's Swimming Pool, Jacuzzi & Steam, Beach Access, Children's Play Area, Swimming Pool, Fully furnished, Concierge service, High-speed internet, Smart home technology, Laundry service

Developer

ENSHAA was founded with the idea to develop world-class commercial, residential and hospitality real estate all around the United Arab Emira…
Details about ENSHAA