Al Ghadeer in Abu Dhabi

Name: Sales in Al Ghadeer started!
Start: 2019-11-28T08:33:51.051766+00:00
End: 2023-12-31T23:59:59+0000
Location: Al Ghadeer

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Construction

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Project info

Object ID: 1762

Finished at	June 2021
Price, m²	From 2600$
Buy online	Details
Installment plan	no
Bank mortgage
Property type	Aparment building
Square	from 37.00 m²
Floors	12
Apartments	14408
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Spa Fitness Pool Commercial area Kids playground
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Return on investment for apartment

with price

8,078$

Rental income

1,103$

Management

689$

Utilities

403$

5% Income tax

5,883$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	25$	225$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		193		8078$
Average		52%		37$

Total invested

96,200$

Net profit

5,883$

Payback period

11.9 years

Avg property value increase per year

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About the project

Amenities

lakes, running and cycle tracks, gym, camping and BBQ sites and a network of walkable gardens and parks

Developer

Aldar Properties PJSC, is the leading real estate developer in Abu Dhabi, and through its iconic developments, it is one of the most well kn…
Details about Aldar Properties