golf-place-2.png

💼 Explanation of the Transaction

  • Location: Golf Place 2, Golf Place, Dubai Hills Estate, Dubai, UAE
  • Property Type: Plot
  • Property Size: 11,453 sqft

📊 Financial Summary

🏡 Purchase Phase:

ItemsAEDUSD
Purchase Price13,602,8883,726,819
DLD Fee (4%)544,116149,615
Total Cost of Ownership14,146,9843,876,434
Capital Investment7,345,5602,012,476

Holding Period:

ItemsAEDUSD
Holding Period (Years)2.922.92

🏷️ Sale Phase:

ItemsAEDUSD
Sold Price26,500,0007,260,274
Sold DateJul, 2024Jul, 2024

📈 Total Return Analysis:

ItemsAEDUSD
NET Profit from Sale12,353,0163,383,841
Total NET Return12,353,0163,383,841
ROICN/A168.2%
CoCN/A168.2%

Explanation of the Transaction:

Purchase Phase:

  • In August 2021, a plot in Golf Place 2, Dubai Hills Estate was purchased for AED 13,602,888.
  • An additional 4% Dubai Land Department (DLD) fee amounting to AED 544,116 was incurred.
  • The total cost of ownership, including the purchase price and DLD fee, was AED 14,146,984.
  • The capital investment, which is 50% of the purchase price plus the DLD fee, amounted to AED 7,345,560.

Holding Period:

  • The plot was held for approximately 2.92 years.

Sale Phase:

  • In July 2024, the plot was sold for AED 26,500,000.
  • The net profit from the sale, after deducting the total cost of ownership, was AED 12,353,016.

Total Return Analysis:

  • The net profit from the sale was AED 12,353,016, translating to a total net return of AED 12,353,016.
  • The return on invested capital (ROIC) and cash on cash (CoC) return both stood at 168.2%.

PHOREE Real Estate: Your Gateway to Superior Returns in Dubai

Discover the pinnacle of investment excellence with PHOREE Real Estate, where decades of American wealth management and real estate expertise converge in Dubai's dynamic market. Led by ex-Wall Street professionals, PHOREE Real Estate is uniquely positioned to transform real estate into a distinguished asset class, delivering returns that outpace typical annualized gains.

Why Choose PHOREE Real Estate?

  • Decades of Wealth Management Excellence: Leverage our 40 years of experience in American wealth management and investment, tailored for Dubai's real estate market.
  • First-Mover Advantage: Benefit from the pioneering spirit of the first American company in Dubai to categorize real estate as a strategic investment class.
  • Tailored Investment Strategies: Enjoy personalized investment advice that aligns with your specific goals, powered by our consultants' deep market knowledge and experience.
  • Seamless Investment Journey: From identifying the perfect property to closing the deal, our team ensures a smooth, transparent, and rewarding process.

Your Investment, Our Legacy

In a world where the right investment can redefine your future, choosing PHOREE Real Estate is more than a decision—it's a strategic move towards securing your legacy. Immerse yourself in the sophistication of American investment excellence, tailored by the hands of Wall Street veterans, all within the vibrant heart of Dubai's real estate market.

Embark on your investment journey with PHOREE Real Estate, where your aspirations meet our expertise. Together, we will not only achieve your investment goals but also surpass them, setting a new standard for what you thought possible.

Legal Disclaimer

This document and its contents, including any calculations and analyses, are provided for informational and educational purposes only and should not be construed as financial advice, an offer, or a guarantee of future performance. The information herein is simplified to enhance understanding and does not reflect the complexity of real-world financial decisions. Past performance is not indicative of future results, and investments in real estate are subject to market risks and uncertainties that can result in the loss of principal. PHOREE Real Estate, including its owners, managers, employees, and consultants, makes no warranties or guarantees regarding the accuracy, reliability, or completeness of the information provided. The company and its affiliates shall not be liable for any errors or omissions in the content, or for any actions taken in reliance thereon. Investors are strongly advised to consult with professional financial advisors before making any investment decisions. The responsibility for any investment decision lies solely with the investor, and PHOREE Real Estate disclaims any liability for financial loss or damage that may result from such decisions. By accessing and using this information, the reader agrees to the terms of this disclaimer and acknowledges that they are acting on their own behalf and at their own risk in any investment decisions.




Share this post:

Related posts:
How to Evaluate a Hotel Investment: A Comprehensive Guide

Discover PHOREE Real Estate, led by Munawar Abadullah with 30 years of American Wall Street expertise, and learn how our AI-driven insights empower smart investments in Dubai's hotel and real estate markets. PHOREE Real Estate, Munawar Abadullah, hotel investment, Dubai...

What Are the Consequences for Developers Who Fail to Meet Handover Dates in Dubai?

Discover the consequences for developers in Dubai who fail to meet handover dates and learn the legal actions buyers can take. This comprehensive guide covers penalties, compensation claims, regulatory intervention, and the steps to take before filing a legal complaint....