Golf Town in Dubai

Name: Sales in Golf Town started!
Start: 2019-11-18T08:42:12.643991+00:00
End: 2023-12-31T23:59:59+0000
Location: Golf Town

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Construction

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Project info

Object ID: 1223

Finished at	September 2020
Price, m²	From 2800$
Buy online	Details
Installment plan	no
Bank mortgage
Property type	Aparment building
Square	from 68.00 m²
Floors	9
Apartments	150
Condition	Black walls
Construction type	Monolyth
Elevators	2
Security	Security
Conveniences	Parking Fitness Pool Kids playground Near school
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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

190,400$

Net profit

7,813$

Payback period

18.8 years

Avg property value increase per year

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About the project

Amenities

Fitness centre, Swimming pools, Children playground, Entertainment, Carrefour Market, Heath Clinic, International school

Developer

Headquartered in Dubai in the United Arab Emirates, DAMAC Properties was founded in 2002 as part of the DAMAC Group and is specialized in pr…
Details about Damac Properties