Binghatti Platinum in Dubai

Name: Sales in Binghatti Platinum started!
Start: 2019-11-22T08:52:34.154555+00:00
End: 2023-12-31T23:59:59+0000
Location: Binghatti Platinum

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Project info

Object ID: 1468

Finished at	November 2019
Price, m²	From 1700$
Buy online	Details
Installment plan	no
Bank mortgage
Property type	Aparment building
Square	from 45.00 m²
Floors	13
Apartments	170
Building phase	Completed
Condition	Fresh renovation
Construction type	Monolyth
Security	Security
Conveniences	Parking Fitness Pool Kids playground
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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

76,500$

Net profit

6,783$

Payback period

8.5 years

Avg property value increase per year

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About the project

Amenities

Swimming pool, Gym, Children's play area, Public terrace for residents, Shops

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