Binghatti Gateway in Dubai

Name: Sales in Binghatti Gateway started!
Start: 2019-11-22T08:37:58.407124+00:00
End: 2023-12-31T23:59:59+0000
Location: Binghatti Gateway

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Construction

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Project info

Object ID: 1464

Finished at	December 2020
Price, m²	From 2400$
Buy online	Details
Installment plan	no
Bank mortgage
Property type	Aparment building
Square	from 71.00 m²
Floors	14
Apartments	181
Condition	Black walls
Construction type	Monolyth
Security	Security
Conveniences	Parking Fitness Kids playground Nearby subway stations Dubai/Healthcare City 11 min Al Jadaf 17 min Oud Metha 19 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

10,605$

Rental income

1,103$

Management

689$

Utilities

530$

5% Income tax

8,283$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	50$	250$
February	28	21%	6	50$	300$
March	31	16%	5	55$	275$
April	30	16%	5	60$	300$
May	31	32%	10	60$	600$
June	30	60%	18	70$	1260$
July	31	80%	25	95$	2375$
August	31	80%	25	100$	2500$
September	30	46%	14	75$	1050$
October	31	45%	14	60$	840$
November	30	30%	9	50$	450$
December	31	29%	9	45$	405$
Total	365		145		10605$
Average		39%		64$

Total invested

170,400$

Net profit

8,283$

Payback period

16.1 years

Avg property value increase per year

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About the project

Amenities

Children's Play Area, Gym

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