Miraclz Tower in Dubai

Name: Sales in Miraclz Tower started!
Start: 2019-11-20T13:43:38.477690+00:00
End: 2023-12-31T23:59:59+0000
Location: Miraclz Tower

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Construction

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Project info

Object ID: 1373

Finished at	June 2020
Price, m²	From 3100$
Buy online	Details
Installment plan	no
Bank mortgage
Property type	Aparment building
Square	from 36.00 m²
Floors	34
Apartments	591
Condition	Black walls
Construction type	Monolyth
Elevators	6
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

111,600$

Net profit

5,883$

Payback period

13.8 years

Avg property value increase per year

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About the project

Amenities

Kids pool and Jacuzzi, Landscaped gardens with water feature on podium level, Gazebo on podium level, Kids play area, Jogging Track, Paddle Tennis and Badminton court with stadium style seating, Barbeque Deck, State-of-the-art gymnasium

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