Misk Lofts in Sharjah

Name: Sales in Misk Lofts started!
Start: 2019-11-29T06:32:53.085698+00:00
End: 2023-12-31T23:59:59+0000
Location: Misk Lofts

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Project info

Object ID: 1795

Finished at	November 2019
Price, m²	From 1800$
Buy online	Details
Installment plan	no
Bank mortgage
Property type	Aparment building
Square	from 231.00 m²
Floors	8
Apartments	150
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

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

415,800$

Net profit

9,376$

Payback period

35.4 years

Avg property value increase per year

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About the project

Amenities

Full service house, Full service gym, Sport facilities, Swimming pool, Cycling and Jogging tracks, Health club, Jacuzzi, Sauna, Steam, Barbecue areas

Developer

Arada was created to build communities that enrich, engage and inspire their residents. Our homes are exceptionally designed and are complem…
Details about Arada Property Developer