Dear Patrick,
Managing Partner MASTERPIECE PROPERTIES
We look forward to having you as our client and part of the MASTERPIECE family.
We prioritize building a long-term relationship with each client.Your comfort and value are important to us.
Our managing partner, Kir Tkachuk, maintains communication with all clients.
ceo@masterpiece.realestate
Kir Tkachuk
MASTERPIECE PROPERTIES
Investment proposal
Investment proposal
MASTERPIECE
— is the only investment real estate agency in Dubai that has its own management company and guarantees investment profitability.
PROPERTIES
Part of the Masterpiece Group of companies.
about
of experience in the Dubai market
13 years
the average annual passive income of our client
$270K / 9.04%
Our team of experts uses a unique technology to select profitable investment properties that meet all client preferences.
Watch the video from the founder of the company,
Alexey Miroshnichenko
Alexey Miroshnichenko
Over 50 major investors have already entrusted us with their capital. For many years, we have acquired and managed their real estate, providing them with a stable monthly income.
Our clients gain access to the 0.001% most liquid and reliable Real Estate in Dubai.
Choosing the right object is 99% of success!
Why do we make the right choice when choosing apartments?
// 01
We sell 0.001% of all offers, selecting only the very best properties, unlike our colleagues who sell what is currently most popular and where the highest commission is.
// 02
Our product department, led by the company's founder Alexey, who has over 13 years of experience in the Dubai market and an impeccable reputation, is responsible for selecting properties.
// 03
Thanks to close connections, we receive insider information before 99% of the market finds out about it.
Author's technology
by Alexey Miroshnichenko
by Alexey Miroshnichenko
for selecting the most liquid assets, based
on 13 years of experience:
on 13 years of experience:
// 01. Area selection.
The rental real estate market is divided into classes: «A», «B», «C» and «D».
«A» class
Premium, top-tier real estate.
«B» class
Good real estate, but not considered premium.
«C» class
Residential areas where ordinary people live, sleep, work, and study.
«D» class
Areas where you can be killed.
In the Emirates, there is no «D» class. As people are immediately deported for violations. And if a person doesn't have money to pay for rent - no one will help you, provide social housing, or give benefits, and you simply go back home.
During a crisis, «A» shifts to «B», «B» to «C», «C» - leaves the country.
That's why we initially target the "C" class, which is the most in demand. It is currently in demand and will continue to be in demand. And as the market grows, people will come, settle, and during a crisis, people will move.
In other words, for us, high-quality residential areas bring 90% occupancy, thanks to this logic.
If you look at the market statistics, waterfront areas can fluctuate plus or minus 30% per year, while here we have a stable annual growth percentage.
During a crisis, «A» shifts to «B», «B» to «C», «C» - leaves the country.
That's why we initially target the "C" class, which is the most in demand. It is currently in demand and will continue to be in demand. And as the market grows, people will come, settle, and during a crisis, people will move.
In other words, for us, high-quality residential areas bring 90% occupancy, thanks to this logic.
If you look at the market statistics, waterfront areas can fluctuate plus or minus 30% per year, while here we have a stable annual growth percentage.
In which areas do we choose apartments:
They consistently provide a growth of +5%.
- Jumeirah Village Circle
- Arjan
- DUBAI CREEK HARBOUR
- Dubai Sports City
- DISCOVERY GARDENS
They consistently provide a growth of +5%.
// 02. Selection of a House and Apartment.
After selecting a district, it is crucial for us to make the right choice when it comes to a house and apartment.
HOW DO WE CHOOSE SECONDARY REAL ESTATE PROPERTIES?
We evaluate the ROI (Return on Investment) of the apartment. This involves looking at the selling price and the highest rental price of the apartment. We then subtract taxes and ownership/management expenses, and divide it by the apartment's price. If the result is above 9%, it meets our criteria for a profitable real estate investment.
Selection of a House:
Selection of an Apartment:
We evaluate the ROI (Return on Investment) of the apartment. This involves looking at the selling price and the highest rental price of the apartment. We then subtract taxes and ownership/management expenses, and divide it by the apartment's price. If the result is above 9%, it meets our criteria for a profitable real estate investment.
Selection of a House:
- The buildings should not exceed 5 years in age.
- We assess the management company during the reception.
- We consider the appearance and ambiance of the building.
- We check the cleanliness of the swimming pools and parking facilities.
- We analyze the property tax and service fee.
- We take into account the availability of amenities such as a gym, swimming pool, playground, and spa.
Selection of an Apartment:
- It is preferable to choose a 1-bedroom apartment instead of a studio.
- The furniture and appliances should be in good condition.
- The view is not a determining factor.
Our management company prefers
short-term rentals (monthly).
short-term rentals (monthly).
Why short-term rental instead of long-term (annual) rental:
- Security— if a person suddenly stops paying rent in a long-term contract, you do not have the right to evict them. You can only sue them for a year just to enter your own apartment. We try to find people who have employment contracts, have been in the country for a long time, have family values, and so on. But no one is immune from losing their job and not having anywhere else to go, and they may act improperly by not moving out or paying rent.
- Condition of the apartment— if we rent it weekly or monthly, we can more frequently check for any damages and deduct it from the deposit. In an annual rental, the tenant leaves a 10% deposit based on the rental price, but sometimes the apartment can be more damaged and in worse condition than if regular checks are done in short-term rentals.
- Lease termIf the rent increases, we are not allowed to increase it for the client in a long-term rental scenario. The cost may increase by 15% in the market, but we only have the right to increase it by 5%. However, in short-term rentals, we can charge according to the market price.
- Security— if a person suddenly stops paying rent in a long-term contract, you do not have the right to evict them. You can only sue them for a year just to enter your own apartment. We try to find people who have employment contracts, have been in the country for a long time, have family values, and so on. But no one is immune from losing their job and not having anywhere else to go, and they may act improperly by not moving out or paying rent.
- Condition of the apartment— if we rent it weekly or monthly, we can more frequently check for any damages and deduct it from the deposit. In an annual rental, the tenant leaves a 10% deposit based on the rental price, but sometimes the apartment can be more damaged and in worse condition than if regular checks are done in short-term rentals.
- Lease termIf the rent increases, we are not allowed to increase it for the client in a long-term rental scenario. The cost may increase by 15% in the market, but we only have the right to increase it by 5%. However, in short-term rentals, we can charge according to the market price.
Available until November 30, 2023
Selected investment properties from the entire market with a return of 9% per annum.
Save the link to this platform because the objects will be updated in real-time mode.
Giovanni Boutique Suites
ROI: 9%
Cost: 125 400 $
SOLD not available
Next lot will be available 15.12 -25.12
Cost: 125 400 $
SOLD not available
Next lot will be available 15.12 -25.12
More details
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
Real estate investment agency and management company with over 13 years of experience in the Dubai market
Office 213, 2 Floor,
MSM 1 Building, Al Safa 1,
Dubai, UAE
MSM 1 Building, Al Safa 1,
Dubai, UAE
