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Jumeirah Living Marina Gate in Dubai

Name: Sales in Jumeirah Living Marina Gate started!
Start: 2019-11-25T06:32:13.211932+00:00
End: 2023-12-31T23:59:59+0000
Location: Jumeirah Living Marina Gate

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Project info

Object ID: 1514

Finished at	September 2020
Price, m²	From 5400$
Buy online	Details
Installment plan	no
Bank mortgage
Property type	Aparment building
Square	from 57.00 m²
Floors	48
Apartments	950
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Spa Fitness Pool Kids playground Nearby subway stations Damac Properties 4 min Nakheel 12 min DMCC 13 min
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Personal discount certificate 300$
Free consultation	Ask a question

Return on investment for apartment

with price

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

307,800$

Net profit

7,229$

Payback period

32.4 years

Avg property value increase per year

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About the project

Amenities

Infinity Pool With Temperature Control, A Dual Level Gymnasium Overlooking The Marina, Illuminated Squash and Paddle Tennis Courts, 24-Hour Concierge Services, Children’s Pool Area, A Wide Array of Shops Nearby, Championship Level

Developer

Founded in 2002, Select Group is a real estate development company that offers services in multiple disciplines. With more than 550 employee…
Details about Select Group