Glamz in Dubai

Name: Sales in Glamz started!
Start: 2019-11-20T12:47:01.247488+00:00
End: 2023-12-31T23:59:59+0000
Location: Glamz

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Construction

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Project info

Object ID: 1367

Finished at	March 2020
Price, m²	From 4000$
Buy online	Details
Installment plan	no
Bank mortgage
Property type	Aparment building
Square	from 38.00 m²
Floors	15
Apartments	418
Condition	Black walls
Construction type	Monolyth
Security	Security Reception
Conveniences	Parking Spa 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

152,000$

Net profit

5,883$

Payback period

18.8 years

Avg property value increase per year

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About the project

Amenities

Health Club, Tennis Courts, Swimming Pool, Spa, Children's Swimming Pool, BBQ area, Children's Play Area, Jogging track, Balcony, Built in Wardrobes, 24 hours Maintenance, Basketball Court, Gym, Restaurants

Developer

Founded in 1993 as a small trading company, Danube properties has grown into one of the most successful real-estate developers in the UAE. R…
Details about Danube Properties