Sherena Residence 2 in Dubai

Name: Sales in Sherena Residence 2 started!
Start: 2019-11-29T12:56:42.984681+00:00
End: 2023-12-31T23:59:59+0000
Location: Sherena Residence 2

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Construction

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Project info

Object ID: 1855

Finished at	June 2020
Price, m²	From 3000$
Buy online	Details
Installment plan	no
Bank mortgage
Property type	Aparment building
Square	from 45.00 m²
Floors	13
Apartments	150
Condition	Black walls
Construction type	Monolyth
Security	Security
Conveniences	Parking Fitness Pool
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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

135,000$

Net profit

6,783$

Payback period

15.0 years

Avg property value increase per year

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About the project

Amenities

Central Air-Con, Central Heating, Waste Disposal Service, Shared Gym, Shared pool

Developer

ASAS Holding LLC is one of the leading national groups in the UAE, with a firm footing in Dubai, having diverse business interests both loca…
Details about ASAS Holding (Rose Homes Investment)