Bloom Towers B
3683+QC5 - Jumeirah Village - Dubai - United Arab Emirates
1 bedroom
1
753 sqft
$160,636
Total investment:
Unit price now:
$238,232
Annual revenue:
$20,882
Cash-on-cash return:
9,3%
+48,31%
Property Information
Type of the unit:
1 bedroom
Unit price:
$160,636
Furnishing & Repair:
$0
Contract period:
Updating
Developer:
Bloom Holding
District:
JVC, District 10
Price per sqft:
$213/sqft
Сompletion date:
Q2 2021
№1301B
Unit no
Investing in Bloom Towers within Jumeirah Village Circle (JVC) in Dubai presents a unique and attractive opportunity for several compelling reasons:
Affordable Luxury: Bloom Towers offers the allure of luxury living in Dubai at a more accessible price point compared to other upscale communities. This affordability, coupled with high-quality finishes and design, presents a compelling value proposition for investors and end-users.
Community Living: JVC is known for its strong sense of community and Family-friendly environment. Bloom Towers enhances this by offering communal spaces and facilities that encourage social interaction and a sense of belonging among residents, which is a unique selling point for many buyers and renters.
Investment Potential: The Dubai real estate market is known for its resilience and potential for capital appreciation. Bloom Towers, with its unique blend of affordability, luxury, and location within a sought-after community like JVC, is well-positioned to benefit from long-term growth in property values and rental yields.
Compared to other buildings in Dubai, Bloom Towers stands out for offering an affordable luxury experience in a community-centric environment. Its modern design, comprehensive amenities, and strategic location cater to a growing segment of the market looking for quality living experiences at competitive prices. These factors, combined with the development's potential for capital appreciation and strong rental yields, make it an attractive investment opportunity in Dubai's dynamic real estate market.
Affordable Luxury: Bloom Towers offers the allure of luxury living in Dubai at a more accessible price point compared to other upscale communities. This affordability, coupled with high-quality finishes and design, presents a compelling value proposition for investors and end-users.
Community Living: JVC is known for its strong sense of community and Family-friendly environment. Bloom Towers enhances this by offering communal spaces and facilities that encourage social interaction and a sense of belonging among residents, which is a unique selling point for many buyers and renters.
Investment Potential: The Dubai real estate market is known for its resilience and potential for capital appreciation. Bloom Towers, with its unique blend of affordability, luxury, and location within a sought-after community like JVC, is well-positioned to benefit from long-term growth in property values and rental yields.
Compared to other buildings in Dubai, Bloom Towers stands out for offering an affordable luxury experience in a community-centric environment. Its modern design, comprehensive amenities, and strategic location cater to a growing segment of the market looking for quality living experiences at competitive prices. These factors, combined with the development's potential for capital appreciation and strong rental yields, make it an attractive investment opportunity in Dubai's dynamic real estate market.
What’s Special
Property Facts & Features
Purchase Price: $160,636
Bedrooms: 1
Bathrooms: 1
Sqft: 753 ($213/sqft)
Bedrooms: 1
Bathrooms: 1
Sqft: 753 ($213/sqft)
Property Details
Revenue: $20,882/yr
Cap Rate: 9,3%
Gross Yield: 13%
Cash-on-Cash: 9,3%
Cap Rate: 9,3%
Gross Yield: 13%
Cash-on-Cash: 9,3%
Returns
Revenue: $20,882/yr
Average Daily Rate: updating
Occupancy Rate: updating
Average Daily Rate: updating
Occupancy Rate: updating
Rental Estimate
Average 1 bedroom Values: $206,921
Average Revenue: $18,296/yr
Average Occupancy: updating
Number of 1 bedroom rentals: 143
Average Revenue: $18,296/yr
Average Occupancy: updating
Number of 1 bedroom rentals: 143
JVC, District 10 Market Data
Rental Estimate
High
$2,311
Average
$1,740
Low
$1,129
Rental Data for JVC, District 10
143
Number of 1 bed. rentals:
45%
ROI Score:
$18,296/yr
Average Revenue:
Rental Listing by buildings
Average Revenue by buildings
Building
Listings
Revenue
Binghatti Heights
Luma 22
Stonehenge
45
38
34
$17,189/yr
$17,460/yr
$18,460/yr
$18,000/yr
$18,000/yr
Bloom Towers
Building
Building
Building
26
96
96
96
$20,110/yr
Financial Overview
13%
Gross Yield:
9,3%
Cap Rate:
9,3%
Cash-on-Cash Return:
Total Investments
Financing
Revenue
Expenses
Upfront equity
Net Operating Income
Leveraged Net Cash Flow
$160,636
$0
$1,740/mo
$495/mo
$160,636
$14,939/yr • $1,245/mo
$14,939/yr • $1,245/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
updating
13/11/2023
19/02/2024
02/22/2024
02/22/2024
02/22/2024
02/22/2024
Purchase
Price change
Price change
Price change
Price change
$160,636
$194,487
$238,232
$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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