Location: Sadaf 7, Jumeirah Beach Residence (JBR), Dubai, UAE
Property Type: Apartment
Property Size: 1,205 sqft
ITEMS | AED | USD |
---|---|---|
Purchase Price | 449,000 | 123,014 |
DLD Fee (4%) | 17,960 | 4,920 |
Total Cost of Ownership | 466,960 | 127,934 |
Capital Investment | 239,460 | 65,589 |
ITEMS | AED | USD |
---|---|---|
Holding Period (Years) | 10 | 10 |
ITEMS | AED | USD |
---|---|---|
Sold Price | 1,850,000 | 506,849 |
Sold Date | July 2024 | July 2024 |
ITEMS | AED | USD |
---|---|---|
Annual Rent | 72,500 | 19,863 |
Service Charges per Year | 21,858 | 5,987 |
Net Rent Per Year | 50,642 | 13,876 |
Total NET Rental Income | 506,420 | 138,764 |
ITEMS | AED | USD |
---|---|---|
NET Profit From Sale | 1,383,040 | 378,914 |
Total NET Rental Income | 506,420 | 138,764 |
Total NET Return | 1,889,460 | 517,678 |
ROIC % | 789% | |
CoC % | 789% |
PHOREE Real Estate stands as a beacon of investment prowess, carrying forward a 40-year legacy of American wealth management and real estate expertise. Spearheaded by a cadre of ex-Wall Street professionals, we are proud to be the first American entity in Dubai dedicated to transforming real estate into a distinguished asset class. This cross-continental expertise not only sets us apart but also ensures that your investment is managed with the precision, foresight, and sophistication that is the hallmark of Wall Street's finest.
Our founders and principals can help you with financial engineering and deal structuring to get the best return possible in the real estate market.
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 does not indicate 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.
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