Zayed Residence in Cairo

Name: Sales in Zayed Residence started!
Start: 2021-11-09T10:29:15.536605+00:00
End: 2023-12-31T23:59:59+0000
Location: Zayed Residence

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Project info

Object ID: 15610

Finished at	December 2020
Price, m²	From 1325$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 72.00 m²
Floors	4
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Pool Kids playground Near school Near kindergarten Near supermarket Near hospital
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Personal discount certificate 300$
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Return on investment for apartment

with price

10,605$

Rental income

1,103$

Management

689$

Utilities

530$

5% Income tax

8,283$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	50$	250$
February	28	21%	6	50$	300$
March	31	16%	5	55$	275$
April	30	16%	5	60$	300$
May	31	32%	10	60$	600$
June	30	60%	18	70$	1260$
July	31	80%	25	95$	2375$
August	31	80%	25	100$	2500$
September	30	46%	14	75$	1050$
October	31	45%	14	60$	840$
November	30	30%	9	50$	450$
December	31	29%	9	45$	405$
Total	365		145		10605$
Average		39%		64$

Total invested

95,400$

Net profit

8,283$

Payback period

9.0 years

Avg property value increase per year

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About the project

The project was implemented by the distinguished Palmer Company in the construction of that residential community and the aim is to provide a great deal of privacy and tranquility, far from the complacency and residential overcrowding that exist in many cities of Cairo and in the heart of an upscale area, all that a person needs to live a life full of luxury.

From the inside, the compound consists of two buildings next to each other, each containing 30 housing units that are divided into apartments and duplexes in Sheikh Zayed, as the building consists of ground and 5 consecutive floors, as the project combines about 60 housing units, and the spaces are varied and duplexes of various sizes And Super Lux finishes with high quality and sophisticated taste, as the spaces start from 112 to 145 square meters, and are divided from the inside to suit all the needs of large families and small families, and that many of the apartments in it overlook directly on a green area and also the public garden in the compound, It also has many internal services and a lot of various services that serve all residents of the compound in general.