Overview
Property Description
Instant Income with a Smaller Investment
For our clients with an investment budget of up to $150,000! The advantage of a revenue-generating investment is that, after purchase (with the assistance of a property management company), you can immediately generate rental income. Achieve quick returns and liquidity with a lower investment amount. In this case, we are looking for a smaller-sized, mid-range finished apartment for the buyer, which can be rented out immediately after purchase. The properties are primarily located in the Damac Hills and Damac Hills 2 areas.
Property overview
Property type: Hotel apartment
Location: Hotel Edge by Rotana, Damac Hills 2, Dubai
Size: 1 bedroom, 45 sqm
Price: 453,000 AED ($123,362)
Location
The property is located in the Damac Hills 2, Hotel Edge by Rotana building. Damac Hills 2 is a unique residential community in Dubai that offers a lifestyle inspired by water, sports, and entertainment for all ages. In DAMAC Hills 2, thoughtfully designed apartments, townhouses, and clusters of villas are surrounded by a wide range of experiences, attractions, and amenities. The hotel is in close proximity to world-class attractions such as the Malibu Beach wave pool, sports facilities, outdoor cinema, paintball arcade, butterfly garden, and much more.
The Hotel Edge is a property managed by Rotana, a modern and elegant three-star hotel. The hotel features 295 stylish and well-designed rooms and suites equipped with the latest room technology, balconies, and work desks. Guests can enjoy an all-day dining restaurant and bar, a fully-equipped gym, and two outdoor temperature-controlled pools.
The advantage of this investment is that Rotana, one of the leading hotel operators in the region with a portfolio of over 100 properties, immediately manages and utilizes the chosen apartment or suite as an investment. This means you don’t have to separately search for and contract with a property management company.
Investment Calculator
Utilization
Annual income from renting: 3,000 AED ($800) per month
Gross annual yield (AED): (3,000 AED/month) x 12 months = 36,000 AED
Gross annual yield (%): (36,000 AED / 453,000 AED) x 100 = 8.0%
Hotel Edge by Rotana guarantees an 8% yield for the first 3 years!
Apprecation: The expected increase in property value over the next 5 years: 5% annually.
Estimated Total Annual Yield: 15.9% (rental income) + 5% (appreciation) = 20.9%
- Principal and Interest
- Property Tax
- HOA fee
