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Langham Place Luxury Apartments & Hotels in Dubai

Name: Sales in Langham Place Luxury Apartments & Hotels started!
Start: 2019-11-21T11:51:17.608086+00:00
End: 2023-12-31T23:59:59+0000
Location: Langham Place Luxury Apartments & Hotels

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Project info

Object ID: 1421

Finished at	June 2021
Price, m²	From 6300$
Buy online	Details
Installment plan	no
Bank mortgage
Property type	Aparment building
Square	from 36.00 m²
Floors	25
Apartments	436
Condition	Black walls
Construction type	Monolyth
Security	Security
Conveniences	Parking Fitness Nearby subway stations Emirates Towers 20 min Financial Centre 20 min
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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

226,800$

Net profit

5,883$

Payback period

28.1 years

Avg property value increase per year

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About the project

Amenities

Built in wardrobes, Central A/C, City Views, Gym, Landscaped Garden, Swimming Pool, 24 hours Maintenance, Business Center, Metro station, Restaurants, Shopping mall, Balcony, Concierge Service, Kitchen Appliances, Private Jacuzzi

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