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The Address Residence Sky View in Dubai

Name: Sales in The Address Residence Sky View started!
Start: 2019-11-13T12:42:42.234171+00:00
End: 2023-12-31T23:59:59+0000
Location: The Address Residence Sky View

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Construction

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Project info

Object ID: 1105

Finished at	March 2020
Price, m²	From 5500$
Buy online	Details
Installment plan	no
Bank mortgage
Property type	Aparment building
Square	from 82.00 m²
Floors	61
Apartments	1040
Condition	Black walls
Construction type	Monolyth
Security	Security
Conveniences	Parking Pool Kids playground Nearby subway stations Burj Khalifa/Dubai Mall 1 min Financial Centre 7 min Business Bay 13 min Emirates Towers 14 min World Trade Centre 21 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

451,000$

Net profit

9,376$

Payback period

38.4 years

Avg property value increase per year

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About the project

Amenities

Swimming Pool, Balcony or Terrace, Cafe and Restaurants, Children's Swimming Pool, BBQ area, Children's Play Area

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