Invest in Shamal waves 4

Short Term Rentals

– About Shamal Waves 4

The Shamal Waves one of the most demanding venture of Lootah Development situated in Jumeirah Village Circle (JVC) offers you all the amenities and facilities seek for a fulfilling, pleasing life. The location offers retail, bistros and eateries make Shamal a vibrant community all occupants appreciate easy access to gymnasium kids play area and lots more.

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 for more convenience

The Shamal Waves is intended to a particular residential lifestyle. This is a direct result of intensive research and comprehension of modern patterns and prerequisites of communities in Dubai. It influences it much more significant for the financial specialists due to being in the focal point of the city and in nearness to the bustling business areas of Dubai, for example, Jabal Ali Free Zone, Dubai Internet, and Media urban communities, Al Maktoum International Airport, and the Expo 2020 website.

1 Bedroom Unfurnished Apartment

Net Yearly Profit approx 41,000 AED

Overview On Investment - 1 Bedroom in Shamal Waves

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                      38,000 AED (£8,444.44)


Utilities Estimate     12,500.00 AED (£2,777.78)


WiFi                             4,560 AED (£1,013.33)


Cleaning & Linen     9,000.00 AED (£2,000)


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



Total Operating Costs:     

90,526.00 AED (£20,116.89)

Projected Revenue 
Exc. OTA Fees

132,000.00 AED (£29,333.33)

investment overview

Net Profit Per Year       41,474.00 AED (£9,216.44)


ROCE                                   145.68%


3-Year Profit               95,952.00AED (£21,322.67)


5-Year Profit               178,900.00 AED (£39,755.56)