Invest in Collective 2.0

Short Term Rentals

– About Collective 2.0

Overlooking the bustling Dubai Hills Boulevard, Collective 2.0 caters to the millennials of Dubai with a collaborative and social setting, extraordinary amenities and places to work, study or just hang out.

Set in DUBAI HILLS ESTATE, the lifestyle at Collective 2.0 is further complemented with the grand Dubai Hills Park, Dubai Hills Mall and a Boulevard that meet your every need and desire.

Key Features Includes

  • Covered parking spaces
  • First-class swimming pool
  • State-of-the-art gymnasium
  • A limited number of exclusive lofts
  • All rooms are fitted with wardrobes
  • Creative kitchen design 

Located alongside Rove Hotel and Business Park, Collective 2.0 has the perfect location for a chic urban lifestyle. With the most trendy shopping venues at Dubai Hills Boulevard, the vibrant Dubai Hills Park, over 650 shopping and dining outlets at the Dubai Hills Mall. With access to Al Khail Road and the nearby metro station, Downtown Dubai is just moments away.

1 Bedroom Unfurnished Apartment

Net Yearly Profit approx 22,000.00 AED

Overview On Investment - 1 Bedroom in Collective 2.0

Setup Costs:

DTCM Fee                        370 AED (£82.22)


Ejari Tenancy
Registration                     200 AED (£44.44)


Broker Fee                      0.00 AED (£0.00)


Luke Stays
Sourcing Fee                   2250 AED (£500)


DEWA  
Activation Fee                 300 AED (£66.67)


Furniture Pack &
Installation                      25,000 AED (£5,555.56)


Insurance                       350 AED (£77.78)



Total Setup Costs: 

28,470.00 AED (£6,326.67)

Deposits:

DEWA                      2,000 AED (£444.44)


Emicool                   2,000 AED (£444.44)


Rent Security           0.00 AED (£0.00)



Total Deposits:     

4,000.00 AED (£888.89)

Operational Costs:

Rent                     60,000.00AED (£13,333.33)


Utilities Estimate     12,000.00 AED (£2,666.67)


WiFi                             4,560 AED (£1,013.33)


Cleaning & Linen     7,200.00 AED (£1,600.00)


Management
Fee                           13,200.00 AED (£2,933.33)



Total Operating Costs:     

110,226.00 AED (£24,494.67)

Projected Revenue 
Exc. OTA Fees

132,000.00 AED (£29,333.33)

investment overview

Net Profit Per Year       21,774.00 AED (£4,838.67)


ROCE                                 76.48%


3-Year Profit               36,852.00 AED (£8,189.33)


5-Year Profit               80,400.00 AED (£17,866.67)