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Belgravia II Apartments & Townhouses in Dubai

Name: Sales in Belgravia II Apartments & Townhouses started!
Start: 2019-11-19T08:39:55.602200+00:00
End: 2023-12-31T23:59:59+0000
Location: Belgravia II Apartments & Townhouses

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Project info

Object ID: 1277

Finished at	November 2019
Price, m²	From 2500$
Buy online	Details
Installment plan	no
Bank mortgage
Property type	Aparment building
Square	from 46.00 m²
Floors	5
Apartments	188
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

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

115,000$

Net profit

6,783$

Payback period

12.7 years

Avg property value increase per year

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About the project

Amenities

Swimming Pool, Gym, Jogging Track, Indoor and Outdoor Play Areas, Elegant Lobby, Landscaped Central Court, Door Man, Common Garden, Reception Service, Pet Friendly

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