The Jewels Tower in Dubai

Name: Sales in The Jewels Tower started!
Start: 2019-11-22T06:32:30.220580+00:00
End: 2023-12-31T23:59:59+0000
Location: The Jewels Tower

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Construction

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Project info

Object ID: 1443

Finished at	November 2019
Price, m²	From 3600$
Buy online	Details
Installment plan	no
Bank mortgage
Property type	Aparment building
Square	from 95.00 m²
Floors	20
Apartments	500
Building phase	Completed
Condition	Fresh renovation
Construction type	Monolyth
Security	Security
Conveniences	Parking Fitness Pool Nearby subway stations Nakheel Harbor & Tower 9 min DMCC 9 min Damac Properties 20 min Ibn Battuta 20 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

342,000$

Net profit

9,376$

Payback period

29.1 years

Avg property value increase per year

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About the project

Amenities

Swimming Pool, Cafe and Restaurants, Fitness Center, Running Track, Walkways, Children's Swimming Pool, Retail Facilities, Waterfront Views, Gymnasium, Children's Play Area, Marble Floors, Fully Fitted Kitchen, Jacuzzi

Developer

Founded in 1998, Palma Holding’s main focus is the development of luxury real estate in exceptional locations. So far, the company has reali…
Details about Palma Holding