The Ellington Collection in Dubai

Name: Sales in The Ellington Collection started!
Start: 2019-11-19T08:05:34.613803+00:00
End: 2023-12-31T23:59:59+0000
Location: The Ellington Collection

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Project info

Object ID: 1273

Finished at	November 2019
Price, m²	From 8900$
Buy online	Details
Installment plan	no
Bank mortgage
Property type	Cottage
Square	from 598.00 m²
Floors	2
Apartments	4
Building phase	Completed
Condition	Fresh renovation
Construction type	Monolyth
Security	Security
Conveniences	Parking Fitness Pool
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Personal discount certificate 300$
Free consultation	Ask a question

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

5,322,200$

Net profit

9,376$

Payback period

452.8 years

Avg property value increase per year

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About the project

Amenities

Swimming Pool, Luxury and High End Finishing

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