0.7M / 0.7M BUSD
14.59%
Feb 27, 2023
Rental guarantee
12 months
Status
rented
Current rent
$4,000 per month
5,000 NFTs
4,000 BUSD/NFT
9.59% APY | BUSD |
5% APY | RCT |
Realcoin is offering an opportunity to invest in a fully furnished modern studio apartment in the strategically located Studio One building in Dubai Marina.
As such Realcoin has secured a rental guarantee from the seller for 55,000 that is locked for 2 years.
The deal is offered at AED 710,272 presenting a gross yield of 7.74% in the first year. After deducting all expected running costs, the property offers investors a net yield of 6.28% for the first year.
With a modest projected capital appreciation of 6% per year over the 5-year Investment Period, the deal presents a 9.59% annualized ROI opportunity.
Studio One is a 31 floor mixed-use building completed in 2020 that offers both retail spaces on the ground floor, and studio, one, and two bedroom apartments above ground. The ground floor of the apartment building has a new fully equipped gym and fitness center, including separate sauna rooms for men and women.
Property price
$710,272
Transaction cost
$83,679
Realcoin fee
$14,205
Investment cost
$808,156
Projected Gross Rent
$55,000
Service charges
($4,500)
Mgmt. and maintenance
($5,895)
Annual net income
$44,605
30%
923,354
47.96%
9.59%
Dubai, AED
Studio
153
100%
*Projections based on a 5-year holding period. You can view the Investment Memorandum in the Documentation section for a full financial breakdown.