Milano Giovanni Boutique Suites
19/3, 4th Street, District JVC 17, Dubai, United Arab Emirates
Studio
2
395 sqft
$84,564
Total investment:
Unit price now:
$132,050
Annual revenue:
$11,250
Cash-on-cash return:
9,3%
+57%
Property Information
Type of the unit:
Studio
Unit price:
$84,401
Furnishing & Repair:
$0
Contract period:
07/09/2023 - 06/09/2024
Developer:
Arthur & Hardman Real Estate
District:
JVC, District 17
Price per sqft:
$214/sqft
Сompletion date:
12.2019
№207
Unit no & Contract
Investing in Milano Giovanni Boutique Suites located in Jumeirah Village Circle (JVC) District 17, Dubai, presents a unique opportunity for investors seeking a blend of luxury, convenience, and potential for significant returns. Here's a detailed analysis highlighting why Milano Giovanni Boutique Suites is an excellent investment choice:
Strategic Location in JVC: Situated in JVC, a rapidly developing residential area, Milano Giovanni offers the perfect balance between suburban tranquility and city life. Its location in District 17 places it conveniently near major highways, facilitating easy access to Dubai’s key business hubs, shopping malls, and attractions.
Affordable Luxury: Despite its luxury offerings, Milano Giovanni Boutique Suites is positioned as an affordable luxury option within JVC. This affordability attracts a broader range of investors and residents, from young professionals to small families, increasing its marketability.
Growing Community: JVC is a self-contained community with schools, parks, retail outlets, and health care facilities, making it increasingly popular among expatriates and locals. This growing community supports long-term property value appreciation and sustained demand.
Compared to other properties in Dubai, Milano Giovanni Boutique Suites offers a unique proposition through its Italian luxury design, strategic location, and competitive pricing. Whether for investors looking to expand their portfolio or buyers seeking a unique living experience, Milano Giovanni Boutique Suites represents a promising choice in JVC.
Strategic Location in JVC: Situated in JVC, a rapidly developing residential area, Milano Giovanni offers the perfect balance between suburban tranquility and city life. Its location in District 17 places it conveniently near major highways, facilitating easy access to Dubai’s key business hubs, shopping malls, and attractions.
Affordable Luxury: Despite its luxury offerings, Milano Giovanni Boutique Suites is positioned as an affordable luxury option within JVC. This affordability attracts a broader range of investors and residents, from young professionals to small families, increasing its marketability.
Growing Community: JVC is a self-contained community with schools, parks, retail outlets, and health care facilities, making it increasingly popular among expatriates and locals. This growing community supports long-term property value appreciation and sustained demand.
Compared to other properties in Dubai, Milano Giovanni Boutique Suites offers a unique proposition through its Italian luxury design, strategic location, and competitive pricing. Whether for investors looking to expand their portfolio or buyers seeking a unique living experience, Milano Giovanni Boutique Suites represents a promising choice in JVC.
What’s Special
Property Facts & Features
Purchase Price: $84,401
Bedrooms: 1
Bathrooms: 2
Sqft: 395 ($214/sqft)
Bedrooms: 1
Bathrooms: 2
Sqft: 395 ($214/sqft)
Property Details
Revenue: $11,250/yr
Cap Rate: 9,3%
Gross Yield: 13,3%
Cash-on-Cash: 9,3%
Cap Rate: 9,3%
Gross Yield: 13,3%
Cash-on-Cash: 9,3%
Returns
Revenue: $11,250/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: 95
Average Revenue: $12,250/yr
Average Occupancy: updating
Number of studio rentals: 95
JVC 17 Market Data
Rental Estimate
High
$1,356
Average
$938
Low
$520
Rental Data for JVC 17
95
Number of studio rentals:
48%
ROI Score:
$12,250/yr
Average Revenue:
Rental Listing by buildings
Average Revenue by buildings
Building
Listings
Revenue
Ghalia
Milano by Giovanni
Tower 108
39
32
13
$14,200/yr
$13,000/yr
$11,650/yr
$19,500/yr
$18,000/yr
Dezire Residences
15 Northside
Building
Building
11
14
96
96
$11,100/yr
Financial Overview
13,3%
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
$84,401
$0
$937/mo
$282/mo
$84,401
$7,850/yr • $655/mo
$7,850/yr • $655/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
07/09/2023
08/12/2023
20/02/2024
02/22/2024
02/22/2024
02/22/2024
02/22/2024
Purchase
Price change
Price change
Price change
Price change
$84,401
$108,970
$132,050
$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
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E-mail:
Phone:
License №1092965
P.O. Box:
454924
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