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Eaton Place Apartments in Dubai

Name: Sales in Eaton Place Apartments started!
Start: 2019-11-19T07:47:59.420412+00:00
End: 2023-12-31T23:59:59+0000
Location: Eaton Place Apartments

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Project info

Object ID: 1271

Finished at	November 2019
Price, m²	From 2500$
Buy online	Details
Installment plan	no
Bank mortgage
Property type	Aparment building
Square	from 118.00 m²
Floors	6
Apartments	110
Building phase	Completed
Condition	Fresh renovation
Construction type	Monolyth
Security	Security
Conveniences	Parking Fitness Pool
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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

295,000$

Net profit

9,376$

Payback period

25.1 years

Avg property value increase per year

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About the project

Eaton Place Apartments, be close to the action.

Location

The complex is nestled not far from Kahraba North West, minutes away from Al Khail Road. JVC is a tranquil developed area and an elite suburb. Within walking distance, residents can find schools, fitness centers, cafes and restaurants, shops and everything they need for a comfortable, modern life. Roads and streets pass in the shade of trees, and a large number of parks and playgrounds provide pleasant family leisure.

What is around the complex?

Nurseries/ Education: Kids World Nursery, UEG, Vondra's and JSS International Schools (>1 km)

Shopping: Circle Mall (6 min), Nakheel Mall (7 min), Dubai Mall (20 min), Greens minimart (2 min), Health First Pharmacy, Shorooq Al Madina Grocerry (3 min), Greens Supermarket, Blue Mart Fresh (5 min)

Café/Restaurants: Golden Plates Restaurant, Teeneh ow Zeytoneh, PINZA (6 min)

Entertainment: Dubai Miracle Garden, Pine Beach (14 min)

Others: Community Park, Sabar, Samer, Circle Community Park (5 min)

Architecture

The five-story white-brown building is built in the shape of the letter L. The exterior design is laconic and elegant. Large balconies and a clear exterior geometry, combined with a velvety-looking texture, make the building flawless in its simplicity. The roof protrudes slightly to the sides, creating a peculiar canopy over the balconies of the upper floor.

What is inside?

The first thing that residents and guests of the complex see when entering the building, is an elegant, spacious lobby, decorated in noble gray tones. High-speed elevators will instantly go to the desired floor and the building has a concierge service. On the ground floor, in a room with large windows, there is a gym with professional equipment and a picturesque view of the green landscaped park. Residents can visit the spa or swim in the beautiful pool. Around the pool is a wooden platform with deck chairs, benches, umbrellas and cafes. For children, there are play areas.

Transport

Bus stop: J01 (3 min)

Metro Line: Red Metro Line station (15 min)

Airport: Dubai International Airport, Al Maktoum International Airport (30 min)

Car Rental: Speedy Drive Car Rental service (7 min)

Heliport: Heli Pad AHC, Helicopter Tour Dubai, HeliDubai (15 min)

About the units

Apartments with one and two bedrooms have high-speed Internet access and are equipped with central air conditioning. The units have a great storage system, such as built-in wardrobes, dressing rooms and storerooms. The apartments have access to a large balcony or a huge terrace. The kitchens and bathrooms are fully fitted. Warm powdery colors were used in the interior design, giving additional homely comfort.

Developer

Founded only in 2014, Ellington Properties has rapidly become one of the biggest players on the Dubai real estate market. One of the founder…
Details about Ellington Properties