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Sparkle Towers in Dubai

Name: Sales in Sparkle Towers started!
Start: 2019-11-22T07:58:41.593926+00:00
End: 2023-12-31T23:59:59+0000
Location: Sparkle Towers

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Project info

Object ID: 1459

Finished at	November 2019
Price, m²	From 4600$
Buy online	Details
Installment plan	no
Bank mortgage
Property type	Aparment building
Square	from 43.00 m²
Floors	29
Apartments	358
Building phase	Completed
Condition	Fresh renovation
Construction type	Monolyth
Security	Security
Conveniences	Parking Spa Fitness Pool Nearby subway stations DMCC 7 min Nakheel Harbor & Tower 10 min Damac Properties 17 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

9,026$

Rental income

1,103$

Management

689$

Utilities

451$

5% Income tax

6,783$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	30$	270$
February	28	35%	10	30$	300$
March	31	22%	7	33$	231$
April	30	23%	7	40$	280$
May	31	38%	12	40$	480$
June	30	73%	22	45$	990$
July	31	87%	27	75$	2025$
August	31	87%	27	75$	2025$
September	30	60%	18	55$	990$
October	31	58%	18	40$	720$
November	30	36%	11	30$	330$
December	31	35%	11	35$	385$
Total	365		179		9026$
Average		48%		44$

Total invested

197,800$

Net profit

6,783$

Payback period

21.9 years

Avg property value increase per year

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About the project

Amenities

Retail Area, Jacuzzi, Spa, Concierge service, Gym, Swimming pool, Kids Play Area, Balcony, Central A/C, City Views, Built in Wardrobes, View of Water, BBQ area, Fully fitted kitchen, Pets Allowed, Landscaped Garden, Sauna

Developer

Developer Binghatti Developers Binghatti Developers is the real estate development branch of Binghatti Holding and is active all around the…
Details about Binghatti Developers