Dorra Bay Tower in Dubai

Name: Sales in Dorra Bay Tower started!
Start: 2019-11-22T06:38:23.356512+00:00
End: 2023-12-31T23:59:59+0000
Location: Dorra Bay Tower

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Construction

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Project info

Object ID: 1444

Finished at	November 2019
Price, m²	From 3400$
Buy online	Details
Installment plan	no
Bank mortgage
Property type	Aparment building
Square	from 64.00 m²
Floors	21
Apartments	199
Building phase	Completed
Condition	Fresh renovation
Construction type	Monolyth
Security	Security
Conveniences	Parking Fitness Pool Kids playground Nearby subway stations Nakheel Harbor & Tower 8 min DMCC 11 min Ibn Battuta 19 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

10,110$

Rental income

1,103$

Management

689$

Utilities

505$

5% Income tax

7,813$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	22%	7	40$	280$
February	28	28%	8	40$	320$
March	31	16%	5	42$	210$
April	30	16%	5	50$	250$
May	31	38%	12	50$	600$
June	30	66%	20	55$	1100$
July	31	80%	25	90$	2250$
August	31	80%	25	90$	2250$
September	30	53%	16	75$	1200$
October	31	51%	16	50$	800$
November	30	33%	10	40$	400$
December	31	32%	10	45$	450$
Total	365		159		10110$
Average		42%		55$

Total invested

217,600$

Net profit

7,813$

Payback period

21.5 years

Avg property value increase per year

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About the project

Amenities

Swimming Pool, Balcony or Terrace, Cafe and Restaurants, Running Track, Children's Swimming Pool, Retail Facilities, Gymnasium, Cycle track, Children's Play Area, Marble Floors, Built in Wardrobes, High-Speed Internet

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