First Sale
WHOLE BUILDING FOR SALE IN AL BARSHA 1, AL BARSHA
HOTEL APARTMENTS UNDER CONSTRUCTION IN AL BARSHA FIRST, DUBAI, UAE.
Structure: 2B+G+12
Total Units: 47
Breakdown:
23 Units: 2 bedrooms
11 Units: 1 bedroom
13 Units: Studio
Additional Information:
Plot Area: 12,053.97 sqft
Built-Up Area (BUA): 103,320 sqft
Parking: 47
Note: All detailed information is available upon request. Please feel free to inquire for more comprehensive details.
Financial Study:
Expected Revenue:
The anticipated total annual revenue for the rooms department is forecasted at AED 10,823,200. This project on is grounded in the occupancy rates of hotel apartments in 2016, as substantiated by studies and statistics from the Dubai Government Department of Tourism. The average cost per night is derived from a comprehensive analysis of luxury hotel apartments in Dubai.
Investment Costs:
Total investment costs amount to AED 87,000,000, distributed as follows:
1. Property purchase value: AED 60,000,000 (current situation)
2. Complete on of construction and finishing: AED 25,000,000
3. Remaining furniture purchase: AED 2,000,000
Note:
Collaborative efforts with the project consultant are expected to yield a cost-saving of at least 20% on construction and finishing expenses, equivalent to a minimum of AED 5 million.
Financial Ratio:
The ratio of total revenues to investment cost is calculated as 10,823,200 / 87,000,000, resulting in a percentage of 12.44%.
For more information and Details, Please contact with Hany Abdelaziz. at +971 58 849 7029.
Good Investment | 5 Mints. walking Dist. from MOE
Property Type:
Whole Building
Property Size:
12,053 sqft / 1,120 sqm
Bathrooms:
7+
Location
Al Barsha 1
Dubai, Al Barsha
Agent
Hany Abdelaziz
Home Station Real Estate
(163 Properties)
Description
Structure: 2B+G+12
Total Units: 47
Breakdown:
23 Units: 2 bedrooms
11 Units: 1 bedroom
13 Units: Studio
Additional Information:
Plot Area: 12,053.97 sqft
Built-Up Area (BUA): 103,320 sqft
Parking: 47
Note: All detailed information is available upon request. Please feel free to inquire for more comprehensive details.
Financial Study:
Expected Revenue:
The anticipated total annual revenue for the rooms department is forecasted at AED 10,823,200. This project on is grounded in the occupancy rates of hotel apartments in 2016, as substantiated by studies and statistics from the Dubai Government Department of Tourism. The average cost per night is derived from a comprehensive analysis of luxury hotel apartments in Dubai.
Investment Costs:
Total investment costs amount to AED 87,000,000, distributed as follows:
1. Property purchase value: AED 60,000,000 (current situation)
2. Complete on of construction and finishing: AED 25,000,000
3. Remaining furniture purchase: AED 2,000,000
Note:
Collaborative efforts with the project consultant are expected to yield a cost-saving of at least 20% on construction and finishing expenses, equivalent to a minimum of AED 5 million.
Financial Ratio:
The ratio of total revenues to investment cost is calculated as 10,823,200 / 87,000,000, resulting in a percentage of 12.44%.
For more information and Details, Please contact with Hany Abdelaziz. at +971 58 849 7029.
Get the right mortgage for you
Estimate your monthly mortgage payment
Monthly payment
5,009 AED
with interest rate of
3.89%
Powered by
Reference:
homestation-6890691
Listed:
4 months ago
Broker ORN:
22946
More available in the same area
Whole Building
65,000,000 AED
Al Barsha 1 Villas, Al Barsha 1, Al Barsha, Dubai
studio
11,876 sqft
Apartment
1,000,000 AED
Al Murad Tower, Al Barsha 1, Al Barsha, Dubai
1
1
806 sqft
Villa
3,950,000 AED
Villa Lantana 2, Villa Lantana, Al Barsha, Dubai
3
3
2,526 sqft
Villa
17,750,000 AED
Al Barsha 3 Villas, Al Barsha 3, Al Barsha, Dubai
7+
7+
14,000 sqft
60,000,000 AED
Own this from just
219,148 AED/monthHany Abdelaziz usually responds within 5 minutes
Own this property from just
219,148 AED /month
Fixed rates from: 3.89%
Get pre-approvedIn partnership with