Anwa Tower by Omniyat
Al Mina St - Dubai Maritime City - Dubai - United Arab Emirates
Studio
1
395 sqft
$264,070
Total investment:
Unit price now:
$290,000
Annual revenue:
$26,116
Cash-on-cash return:
6,9%
+9,82%
Contact us
№4102
Unit no & Contract
Thomas Jones
Investment adviser
Property Information
Type of the unit:
Studio
Unit price:
$264,070
Furnishing & Repair:
$0
Contract period:
13/07/2023 - 12/07/2024
Developer:
Omniyat
District:
Maritime City
Price per sqft:
$278/sqft
Сompletion date:
11.2021
№4102
Unit no & Contract
ANWA represents a balanced investment opportunity, offering both immediate rental yields and long-term capital appreciation potential in a highly desirable location. Here is 5 reason why investing in ANWA it’s a good deal:
1. Prime Location: Strategically placed close to Downtown Dubai, ANWA offers significant rental and resale potential, leveraging its proximity to business and leisure hubs for enhanced property value.
2. Unique Amenities: With state-of-the-art facilities and luxury amenities, ANWA stands out in the rental market, drawing in discerning tenants looking for premium living experiences.
3. Panoramic Views: The allure of waterfront living and breathtaking views of the Arabian Gulf and skyline make ANWA properties highly sought after, boosting their market value.
4. Limited Supply: The scarcity of waterfront properties in prime locations like Dubai Maritime City means investing in ANWA taps into a niche market with less competition and high demand.
5. Capital Appreciation: Given Dubai's flourishing real estate sector, especially in luxury waterfront developments, ANWA is poised for potential capital growth, benefiting from the city's upward economic trends.
1. Prime Location: Strategically placed close to Downtown Dubai, ANWA offers significant rental and resale potential, leveraging its proximity to business and leisure hubs for enhanced property value.
2. Unique Amenities: With state-of-the-art facilities and luxury amenities, ANWA stands out in the rental market, drawing in discerning tenants looking for premium living experiences.
3. Panoramic Views: The allure of waterfront living and breathtaking views of the Arabian Gulf and skyline make ANWA properties highly sought after, boosting their market value.
4. Limited Supply: The scarcity of waterfront properties in prime locations like Dubai Maritime City means investing in ANWA taps into a niche market with less competition and high demand.
5. Capital Appreciation: Given Dubai's flourishing real estate sector, especially in luxury waterfront developments, ANWA is poised for potential capital growth, benefiting from the city's upward economic trends.
What’s Special
Property Facts & Features
Purchase Price: $264,070
Bedrooms: 1
Bathrooms: 2
Sqft: 950 ($278/sqft)
Bedrooms: 1
Bathrooms: 2
Sqft: 950 ($278/sqft)
Property Details
Revenue: $26,116/yr
Cap Rate: 6,9%
Gross Yield: 9,89%
Cash-on-Cash: 6,9%
Cap Rate: 6,9%
Gross Yield: 9,89%
Cash-on-Cash: 6,9%
Returns
Revenue: $26,116/yr
Average Daily Rate: updating
Occupancy Rate: updating
Average Daily Rate: updating
Occupancy Rate: updating
Rental Estimate
Average Studio Values: $282,200
Average Revenue: $16,085/yr
Average Occupancy: updating
Number of studio rentals: 156
Average Revenue: $16,085/yr
Average Occupancy: updating
Number of studio rentals: 156
Maritime City Market Data
Rental Estimate
High
$2,952
Average
$2,176
Low
$1,300
Rental Data for Maritime City
156
Number of studio rentals:
43%
ROI Score:
$16,085/yr
Average Revenue:
Rental Listing by buildings
Average Revenue by buildings
Building
Listings
Revenue
Oceanz
Anwa
Mar Casa
96
42
18
$18,000/yr
$16,170/yr
$14,085/yr
$18,000/yr
$18,000/yr
Building
Building
Building
Building
96
96
96
96
$18,000/yr
Financial Overview
9,89%
Gross Yield:
6,9%
Cap Rate:
6,9%
Cash-on-Cash Return:
Total Investments
Financing
Revenue
Expenses
Upfront equity
Net Operating Income
Leveraged Net Cash Flow
$264,070
$0
$2176/mo
$653/mo
$264,070
$18,276/yr • $1523/mo
$18,276/yr • $1523/mo
This is the amount of equity, or money, needed to initially acquire the property based on your financing choices and other expenses, including furnishing and initial expenses.
Also referred to as NOI, this is the amount of money you’ll be making per year from your investment, after fees and taxes. This number does not factor in mortgage payments.
Also referred to as Lev. NCF, this is the amount of money you’ll net yearly after paying mortgage payments. This dollar amount is all-inclusive, taking into account not only mortgage payments but also the taxes and fees that are factored into NOI as well.
Price History
Date
Event
Price
13/07/2023
13/10/2023
13/02/2024
02/22/2024
02/22/2024
02/22/2024
02/22/2024
Purchase
Price change
Price change
Price change
Price change
$264,070
$272,082
$290,000
$46,641/yr
$57,801/yr
$68,214/yr
02/22/2024
02/22/2024
02/22/2024
02/22/2024
02/22/2024
02/22/2024
02/22/2024
Price change
Price change
Price change
Price change
Price change
Price change
Price change
$19,207/yr
$20,936/yr
$33,252/yr
$46,641/yr
$57,801/yr
$68,214/yr
Zada Tower by DAMAC
Total investment:
Annual revenue:
Cash-on-сash return:
$190,579
$32,970
12,1%
Rented
Ghalia by DAMAC
Total investment:
Annual revenue:
Cash-on-сash return:
$108,950
$16,342
10,5%
Rented
15 Northside Tower
Total investment:
Annual revenue:
Cash-on-сash return:
$191,536
$27,964
10,2%
Rented
The Waves Tower
Total investment:
Annual revenue:
Cash-on-сash return:
$234,150
$27,395
8,2%
Rented
Anwa Tower by Omniyat
Total investment:
Annual revenue:
Cash-on-сash return:
$264,070
$26,116
6,9%
Rented
Paramount Tower Hotel & Residences
Total investment:
Annual revenue:
Cash-on-сash return:
$429,695
$40,391
6,6%
Rented
Zada Tower by DAMAC
Total investment:
Annual revenue:
Cash-on-сash return:
$190,579
$32,970
12,1%
Rented
Ghalia by DAMAC
Total investment:
Annual revenue:
Cash-on-сash return:
$108,950
$16,342
10,5%
Rented
15 Northside Tower
Total investment:
Annual revenue:
Cash-on-сash return:
$191,536
$27,964
10,2%
Rented
The Waves Tower
Total investment:
Annual revenue:
Cash-on-сash return:
$234,150
$27,395
8,2%
Rented
Anwa Tower by Omniyat
Total investment:
Annual revenue:
Cash-on-сash return:
$264,070
$26,116
6,9%
Rented
Paramount Tower Hotel & Residences
Total investment:
Annual revenue:
Cash-on-сash return:
$429,695
$40,391
6,6%
Rented
Head
office:
Office 213, 2 Floor, MSM 1 Building, Al Safa 1, Dubai, UAE
© 2024 Masterpiece Group. All Rights Reserved
E-mail:
Phone:
License №1092965
P.O. Box:
454924
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