ELZ Residence in Dubai

Name: Sales in ELZ Residence started!
Start: 2019-11-20T13:06:16.835283+00:00
End: 2023-12-31T23:59:59+0000
Location: ELZ Residence

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Project info

Object ID: 1369

Finished at	December 2021
Price, m²	From 2600$
Buy online	Details
Installment plan	no
Bank mortgage
Property type	Aparment building
Square	from 390.00 m²
Floors	8
Apartments	270
Condition	Black walls
Construction type	Monolyth
Security	Security
Conveniences	Parking Spa Fitness
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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

1,014,000$

Net profit

9,376$

Payback period

86.3 years

Avg property value increase per year

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About the project

Amenities

Swimming Pool, Gym, Recreational Facilities, Landscaped Gardens, Health Club, BBQ Area, Cabana Seating

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