Farhad Azizi Residence in Dubai

Name: Sales in Farhad Azizi Residence started!
Start: 2019-11-18T13:48:57.159472+00:00
End: 2023-12-31T23:59:59+0000
Location: Farhad Azizi Residence

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Project info

Object ID: 1255

Finished at	June 2021
Price, m²	From 4000$
Buy online	Details
Installment plan	no
Bank mortgage
Property type	Aparment building
Square	from 34.00 m²
Floors	17
Apartments	634
Condition	Black walls
Construction type	Monolyth
Elevators	6
Security	Security
Conveniences	Underground parking Pool Kids playground Nearby subway stations Dubai/Healthcare City 16 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

8,078$

Rental income

1,103$

Management

689$

Utilities

403$

5% Income tax

5,883$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	25$	225$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		193		8078$
Average		52%		37$

Total invested

136,000$

Net profit

5,883$

Payback period

16.8 years

Avg property value increase per year

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About the project

Amenities

Swimming Pool, Balcony, Central Air Conditioning, Children's Play Area

Developer

With its headquarters in Dubai, Azizi Properties was founded in 2007 as part of the Azizi Group. The instigator of all these organizations i…
Details about Azizi Developments