The Sterling in Dubai

Name: Sales in The Sterling started!
Start: 2019-11-21T11:17:33.941655+00:00
End: 2023-12-31T23:59:59+0000
Location: The Sterling

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Construction

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Project info

Object ID: 1415

Finished at	March 2020
Price, m²	From 4500$
Buy online	Details
Installment plan	no
Bank mortgage
Property type	Aparment building
Square	from 60.00 m²
Floors	21
Apartments	343
Condition	Black walls
Construction type	Monolyth
Security	Security
Conveniences	Parking Spa Fitness Pool Kids playground Nearby subway stations Financial Centre 15 min Burj Khalifa/Dubai Mall 16 min Emirates Towers 18 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

270,000$

Net profit

7,229$

Payback period

28.4 years

Avg property value increase per year

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About the project

Amenities

Landscaped Gardens, State-of-the-art gymnasium, Swimming Pool, Mailboxes, Recreational Room, Concierge Service, Retail Area, Spa, Steam room, Sauna, City Views, Children’s play area, Quite Garden

Developer

Founded in 2005 as part of Omniyat Holdings, Omniyat is known as one of the most innovative development companies in the UAE. Although they …
Details about Omniyat