Client Request Review

Property Evaluation and Feasibility Analysis Report

Reference Number: 103
Date: 17 November 2024

UAE Flag النسخة العربية
Full Name: ********| Mobile: ********| Email: ********| Country: United Arab Emirates| Emirate: Dubai

Project Insight

Your Deal
Includes essential details such as name, size, purchase price, service charges, and completion year, along with costs for renovations, insurance, and mortgage fees. It also highlights rental income potential and unit availability, providing a comprehensive overview for buyers and investors.
Project Name
Samana Hills, Arjan
Beds
Studio
Type
Apartment
Size
391 sqft
Purchase Price
550,000 AED
Yearly Service Charges
6,647 AED
Building Completion Year
2022
Renovation Costs (One-Time Costs)
4,000 AED
DLD Transfer & Broker Fees (One-Time Costs)
33,000 AED
Yearly Insurance Cost
1,100 AED
Mortgage Fees (One-Time Costs) Depends on the bank
4,950 AED
Average Yearly Rental Income
46,000 AED
Number of (Studio Beds Units)
97
Building Age
2 year(s)

Feasibility Index

Your Deal
Captures investment, revenue, price per sqft, and Return on Investment (ROI) for a quick profitability check.

Total Investment
(One-Time Costs)
591,950 AED
Yearly Revenue
39,353 AED
Price Per Sqft
1,514 AED
ROI (Out of 10%)
7.00%
Overall Findings Acceptable Priced above the median, the property is likely to reflect current market trends. However, negotiating a lower price could enhance its investment potential, ROI is Very Good at 7% - A promising investment with significant potential. This return suggests that the property is positioned for healthy gains and steady rental income.

Occupancy Rate

Current
Key metrics for investors, showing the ratio of occupied to unoccupied units for informed decision-making.
Occupancy Rate
93%
Unoccupancy Rate
7%
Overall Findings Very Good The high occupancy indicates strong demand, positioning the property as highly desirable with promising potential to sustain and attract future tenants

Sales Rate

Current
Captures sales and owner retention rates, indicating the percentage of units held for investment or residence.
Sales Rate
7%
Owner Stay-or-Invest Rate
93%
Overall Findings Very Good A robust owners holding rate indicates a probability that many owners are happy with their investments, which may likely lead to continued investment activity

Comparable Sales

Last 6 to 12 Months
Includes key metrics such as the median price and median price per square foot, providing benchmarks for assessing property value in the market. It also details recent transactions and capital appreciation, offering valuable insights into market trends and investment potential.
Median Price (AED)
479,000 AED
Median price per sqft (AED)
1,420 AED
Last Transactions
5
Highest price sold
520,000 AED
Size
358 sqft

Ranking (Out of 5)

Summarizes ranking, location, and reviews for insights into property performance.
Location
3.50
Internet Reviews
3.70

General Information

Provides key details on the developer, building management, and contractors for the project.
Developer
SAMANA Developers
Building Management
S G COMMUNITY MANAGEMENT SERVI
Engineering Consultancy
Unavailable
Primary Contractor
Unavailable

Additional information

Emphasizing key insights while indicating any additional information required for a thorough evaluation.
SAMANA Developers is relatively well-known in the Dubai real estate market

Arjan is a growing area with attractions like Miracle Garden and Butterfly Garden

Disclaimer:
The information provided herein is for general informational purposes only and should not be considered as definitive or binding. All values and figures mentioned are estimates and may differ from actual values. The accuracy of these estimates is subject to various factors, including market conditions and the current status of the project. We encourage you to conduct your own research and consult with professionals to obtain accurate and up-to-date information.