Wavez Residence in Dubai

Name: Sales in Wavez Residence started!
Start: 2019-11-21T06:51:09.089560+00:00
End: 2023-12-31T23:59:59+0000
Location: Wavez Residence

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Construction

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Project info

Object ID: 1382

Finished at	March 2021
Price, m²	From 2400$
Buy online	Details
Installment plan	no
Bank mortgage
Property type	Aparment building
Square	from 37.00 m²
Floors	13
Apartments	414
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

88,800$

Net profit

5,883$

Payback period

11.0 years

Avg property value increase per year

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About the project

Amenities

swimming pool, Jacuzzi, jogging track, kid’s play area, health club

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