The Floating Seahorse in Dubai

Name: Sales in The Floating Seahorse started!
Start: 2019-11-22T11:58:08.107132+00:00
End: 2023-12-31T23:59:59+0000
Location: The Floating Seahorse

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Project info

Object ID: 1494

Finished at	November 2019
Price, m²	From 10700$
Buy online	Details
Installment plan	no
Bank mortgage
Property type	Villa
Square	from 42.00 m²
Floors	2
Apartments	70
Building phase	Completed
Condition	Fresh renovation
Construction type	Monolyth
Security	Security
Conveniences	Underground parking Spa Fitness Pool
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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

449,400$

Net profit

6,783$

Payback period

49.8 years

Avg property value increase per year

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About the project

Amenities

Balcony, BBQ area, Built in wardrobes, Central A/C, Maids room, Pets Allowed, Private Garden, View of Water , Swimming pool, Kids Play Area, Mosque, Public Park, Restaurants, Shopping mall, Jogging track