Belgravia Square in Dubai

Name: Sales in Belgravia Square started!
Start: 2019-11-19T07:56:42.061701+00:00
End: 2023-12-31T23:59:59+0000
Location: Belgravia Square

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Construction

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Project info

Object ID: 1272

Finished at	December 2020
Price, m²	From 2600$
Buy online	Details
Installment plan	no
Bank mortgage
Property type	Aparment building
Square	from 44.00 m²
Floors	4
Apartments	225
Condition	Black walls
Construction type	Monolyth
Security	Security
Conveniences	Parking Fitness Pool Kids playground
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Return on investment for apartment

with price

9,026$

Rental income

1,103$

Management

689$

Utilities

451$

5% Income tax

6,783$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	30$	270$
February	28	35%	10	30$	300$
March	31	22%	7	33$	231$
April	30	23%	7	40$	280$
May	31	38%	12	40$	480$
June	30	73%	22	45$	990$
July	31	87%	27	75$	2025$
August	31	87%	27	75$	2025$
September	30	60%	18	55$	990$
October	31	58%	18	40$	720$
November	30	36%	11	30$	330$
December	31	35%	11	35$	385$
Total	365		179		9026$
Average		48%		44$

Total invested

114,400$

Net profit

6,783$

Payback period

12.7 years

Avg property value increase per year

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Promos and discounts for Belgravia Square

About the project

Amenities

Swimming Pool, Kids Pool, Fitness Center, Club House with Games Room, Kids Play Room, Outdoor Play Area, Lobby Lounge, Garden

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