Belgravia in Dubai

Name: Sales in Belgravia started!
Start: 2019-11-19T10:39:04.722311+00:00
End: 2023-12-31T23:59:59+0000
Location: Belgravia

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Construction

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Project info

Object ID: 1286

Finished at	November 2019
Price, m²	From 2600$
Buy online	Details
Installment plan	no
Bank mortgage
Property type	Aparment building
Square	from 39.00 m²
Floors	5
Apartments	181
Building phase	Completed
Condition	Fresh renovation
Construction type	Monolyth
Security	Security Reception
Conveniences	Parking Fitness Pool Kids playground
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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

101,400$

Net profit

5,883$

Payback period

12.6 years

Avg property value increase per year

Open ROI calculator

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About the project

Amenities

Gym, Playground Areas, Swimming pool, Jogging track, Elegant lobby, Balcony, Central A/C, Kitchen Appliances, Built in Wardrobes, City Views, Kids Play Area, Pets Allowed, Concierge service

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