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Palace Residences Dubai Creek Harbour in Dubai

Name: Sales in Palace Residences Dubai Creek Harbour started!
Start: 2019-11-13T09:00:43.299631+00:00
End: 2023-12-31T23:59:59+0000
Location: Palace Residences Dubai Creek Harbour

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Construction

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Project info

Object ID: 1089

Finished at	December 2022
Price, m²	From 3500$
Buy online	Details
Installment plan	no
Bank mortgage
Property type	Aparment building
Square	from 65.00 m²
Floors	46
Apartments	587
Condition	Black walls
Construction type	Monolyth
Security	Security
Conveniences	Parking Spa Fitness Pool Nearby subway stations Creek 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

227,500$

Net profit

7,813$

Payback period

22.5 years

Avg property value increase per year

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About the project

Amenities

Concierge, Maintenance team, Health Club, Swimming pool, Treatment rooms, Multipurpose halls, Yoga rooms

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