44% ROI
IN 5 MONTHS
We assisted the client in entering the project during the closed sales phase. The client acquired 4 apartments with unique layouts and views, receiving a discount from the developer for immediately paying 40% of the total unit cost.
At the time of purchase from the developer, the price of this apartment was 1,900,000 AED. The investor contributed 836,000 AED (40% as the first installment plus a 4% registration fee). The apartment was sold for 2,350,000 AED. Upon completing the transaction, the seller paid the broker's commission (3%) and obtained a No Objection Certificate from the developer (5,000 AED).
Developer
Select Group
Peninsula Three
2022
1
1 900 000 AED
369 000 AED in 5 months
Location
Year
Number of Bedrooms
Unit Price at Entry
Net Profit
Initially planning to wait for construction completion to maximize profits, the investor sold one of the purchased apartments—with 1 bedroom and a canal view—due to a lucrative offer from another client.
The net profit from the sale was 369,000 AED or 44% in 5 months.
Made on
Tilda