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Arloid Real Estate Development

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Grenland Residence in Dubai

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Project info

Object ID: 1687

Finished at	March 2020
Price, m²	From 3400$
Buy online	Details
Installment plan	no
Bank mortgage
Property type	Aparment building
Square	from 78.00 m²
Floors	5
Apartments	58
Condition	Black walls
Construction type	Monolyth
Security	Security
Conveniences	Parking Pool Kids playground
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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

265,200$

Net profit

8,283$

Payback period

25.0 years

Avg property value increase per year

6%

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About the project

Amenities

Swimming pool, Gym, Open rooftop for barbecue, Patio, Kids play area

Developer

Details about Arloid Real Estate Development

Hotline

+995 (558) 7000 88

Toll-free number (USA):
+1 855 588 8066

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Grenland Residence on the map of Dubai

5, Al Adham Street, District 11, Wadi Al Safa 3 - 645, Hadaeq Mohammed Bin Rashid, Al Barari

FAQ

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