Ghalia by DAMAC
Lazuward S W - JVC District 18 - Dubai - United Arab Emirates
Studio
1
384 sqft
$108,950
Total investment:
Unit price now:
$142,700
Annual revenue:
$16,342
Cash-on-cash return:
10,5%
+29%
Property Information
Type of the unit:
Studio
Unit price:
$108,950
Furnishing & Repair:
$0
Contract period:
Updating
Developer:
DAMAC
District:
JVC, District 18
Price per sqft:
$283/sqft
Сompletion date:
04.2023
№1713
Unit no
Ghalia by DAMAC, located in Jumeirah Village Circle (JVC), Dubai, presents a specialized investment opportunity with its Sharia-compliant offerings. Here's a streamlined overview emphasizing its investment appeal:
Sharia-Compliant Living
Ghalia caters to a niche market by providing certified Sharia-compliant residences. This focus attracts a specific demographic looking for Islamic living standards.
Location and Community
Situated in the central JVC, Ghalia benefits from proximity to Dubai’s major attractions and a vibrant community. The area's family-oriented amenities enhance its desirability for long-term residents.
Quality and Amenities
DAMAC ensures high-quality construction and luxurious design for Ghalia. The development features amenities like gyms and pools, tailored to comply with Sharia principles.
Investment Potential
The project's unique market positioning promises competitive rental yields. Additionally, its location in the growing JVC area suggests strong potential for capital appreciation.
Developer Reputation
Investing in a DAMAC property comes with a reputation for quality and reliability. This reputation bolsters investor confidence in the project’s success and return potential.
Sharia-Compliant Living
Ghalia caters to a niche market by providing certified Sharia-compliant residences. This focus attracts a specific demographic looking for Islamic living standards.
Location and Community
Situated in the central JVC, Ghalia benefits from proximity to Dubai’s major attractions and a vibrant community. The area's family-oriented amenities enhance its desirability for long-term residents.
Quality and Amenities
DAMAC ensures high-quality construction and luxurious design for Ghalia. The development features amenities like gyms and pools, tailored to comply with Sharia principles.
Investment Potential
The project's unique market positioning promises competitive rental yields. Additionally, its location in the growing JVC area suggests strong potential for capital appreciation.
Developer Reputation
Investing in a DAMAC property comes with a reputation for quality and reliability. This reputation bolsters investor confidence in the project’s success and return potential.
What’s Special
Property Facts & Features
Purchase Price: $108,950
Bedrooms: 1
Bathrooms: 1
Sqft: 384 ($283/sqft)
Bedrooms: 1
Bathrooms: 1
Sqft: 384 ($283/sqft)
Property Details
Revenue: $16,342/yr
Cap Rate: 10,5%
Gross Yield: 15%
Cash-on-Cash: 10,5%
Cap Rate: 10,5%
Gross Yield: 15%
Cash-on-Cash: 10,5%
Returns
Revenue: $16,342/yr
Average Daily Rate: updating
Occupancy Rate: updating
Average Daily Rate: updating
Occupancy Rate: updating
Rental Estimate
Average Studio Values: $136,100
Average Revenue: $12,250/yr
Average Occupancy: updating
Number of studio rentals: 66
Average Revenue: $12,250/yr
Average Occupancy: updating
Number of studio rentals: 66
JVC 18 Market Data
Rental Estimate
High
$1,972
Average
$1,361
Low
$750
Rental Data for JVC 18
66
Number of studio rentals:
48%
ROI Score:
$12,250/yr
Average Revenue:
Rental Listing by buildings
Average Revenue by buildings
Building
Listings
Revenue
Ghalia
Sydney Tower
Tower 108
39
14
13
$14,200/yr
$11,800/yr
$11,250/yr
$18,000/yr
$18,000/yr
Building
Building
Building
Building
96
96
96
96
$18,000/yr
Financial Overview
15%
Gross Yield:
10,5%
Cap Rate:
10,5%
Cash-on-Cash Return:
Total Investments
Financing
Revenue
Expenses
Upfront equity
Net Operating Income
Leveraged Net Cash Flow
$108,950
$0
$1361/mo
$408,5/mo
$109,850
$11,440/yr • $952,5/mo
$11,440/yr • $952,5/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
03/10/2023
17/02/2024
02/22/2024
02/22/2024
02/22/2024
02/22/2024
Purchase
Price change
Price change
Price change
Price change
$108,950
$121,080
$142,700
$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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