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One Palm in Dubai

Name: Sales in One Palm started!
Start: 2019-11-21T11:24:55.893909+00:00
End: 2023-12-31T23:59:59+0000
Location: One Palm

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Construction

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Project info

Object ID: 1417

Finished at	March 2020
Price, m²	From 8400$
Buy online	Details
Installment plan	no
Bank mortgage
Property type	Aparment building
Square	from 260.00 m²
Floors	23
Apartments	90
Condition	Black walls
Construction type	Monolyth
Security	Security
Conveniences	Parking Spa Fitness Pool Nearby subway stations Nakheel 12 min Damac Properties 15 min
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Personal discount certificate 300$
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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

2,184,000$

Net profit

9,376$

Payback period

185.8 years

Avg property value increase per year

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About the project

Amenities

Security Services, Concierge service, Smart home technology, Garage, Private elevators, Gymnasium, Sauna, Jacuzzi, Restaurant, Swimming Pool, Modern and sleek design, waterfront living experience, panoramic views and grand beach facing arrival

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