The Cove Building in Dubai

Name: Sales in The Cove Building started!
Start: 2019-11-11T12:08:21.105304+00:00
End: 2023-12-31T23:59:59+0000
Location: The Cove Building

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Construction

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Project info

Object ID: 1012

Finished at	September 2020
Price, m²	From 3800$
Buy online	Details
Installment plan	no
Bank mortgage
Property type	Aparment building
Square	from 68.00 m²
Floors	36
Apartments	276
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Spa Fitness Pool Kids playground Nearby subway stations Creek 13 min Al Jadaf 19 min
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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

258,400$

Net profit

7,813$

Payback period

25.6 years

Avg property value increase per year

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About the project

Amenities

Cafe and Restaurants, Retail Facilities, Children's Play Area, Landscaped Gardens, Park, Shopping mall, Balcony, Gym, Swimming pool, Central A/C, City Views, Built in Wardrobes, View of Water, Spa, Walk-in Closet

Developer

Being one of the most valuable real estate development companies in the world, Emaar Properties PJSC has proven itself to be a competent dev…
Details about Emaar Properties