Short Term Rentals
– About Boulevard Dubai Central
Boulevard Central Towers are 24-storey and 18-storey tower featuring studios, one, two and three bedroom apartments with two basement parking levels. Apartments are spacious ranging in size form 335 to 1400 sq. ft. Located in Dubai Downtown on Sheikh Mohammed bin Rashid Boulevard between The Residences and 29 Boulevard, and just near The Dubai Fountains, Dubai Mall, and Burj Khalifa.
Boulevard Central consists of two towers linked by a podium. The podium offers a big swimming pool, gym and fitness centers, barbecue and sitting areas, and kids playgrounds. All tenants of the towers can access these for free, and there are available free parking.
1 Bedroom Furnished Apartment
Net Yearly Profit approx 24,000 AED
Balcony
Swimming Pool View
Overview On Investment - 1 Bedroom in Boulevard Dubai Central
Setup Costs:
DTCM Fee 370 AED (£82.22)
Ejari Tenancy
Registration 200 AED (£44.44)
Broker Fee 5250 AED (£1,166.67)
Luke Stays
Sourcing Fee 2250 AED (£500)
DEWA
Activation Fee 300 AED (£66.67)
Furniture Pack &
Installation 10,000 AED (£2,222.22)
Insurance 350 AED (£77.78)
Total Setup Costs:
18,720 AED (£4,160)
Deposits:
DEWA 2,000 AED (£444.44)
Emicool 2,000 AED (£444.44)
Rent Security 5,250 AED (£1,166.67)
Total Deposits:
9,250 AED (£2,055.56)
Operational Costs:
Rent 90,000 AED (£20,000)
Utilities Estimate 18,000 AED (£4,000)
WiFi 4,560 AED (£1,013.33)
Cleaning & Linen 21,600 AED (£4,800)
Management
Fee 17,716.14 AED (£3,936.92)
Total Operating Costs:
151,876.14 AED (£33,750.25)
Projected Revenue
Exc. OTA Fees
176,280 AED (£39,173.33)
investment overview
Net Profit Per Year 24,403.86 AED (£5,423.08)
ROCE 130.36%
3-Year Profit 54,491.58 AED (£12,109.24)
5-Year Profit 103.299.30 AED (£22,955.40)