The Cove Building 2 in Dubai

Name: Sales in The Cove Building 2 started!
Start: 2019-11-12T08:11:12.820971+00:00
End: 2023-12-31T23:59:59+0000
Location: The Cove Building 2

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Construction

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Project info

Object ID: 1034

Finished at	March 2020
Price, m²	From 4200$
Buy online	Details
Installment plan	no
Bank mortgage
Property type	Aparment building
Square	from 67.00 m²
Floors	24
Condition	Black walls
Construction type	Monolyth
Elevators	2
Security	CCTV Security
Conveniences	Parking Fitness Pool Kids playground Nearby subway stations Creek 12 min Al Jadaf 18 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

281,400$

Net profit

7,813$

Payback period

27.8 years

Avg property value increase per year

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About the project

Amenities

Swimming pools separately for men and women, Jogging, racing and walking tracks, Recreational options, Lushly landscaped pathways

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