Anantara Residences
45J3+87C - The Palm Jumeirah - Dubai - United Arab Emirates
Studio
1
517 sqft
$389,339
Total investment:
Unit price now:
$530,917
Annual revenue:
$29,979
Cash-on-cash return:
5,4%
+36,46%
Property Information
Type of the unit:
Studio
Unit price:
$389,339
Furnishing & Repair:
$0
Contract period:
16/03/2023 - 15/03/2025
Developer:
Seven Tides International
District:
Palm Jumeirah
Price per sqft:
$753/sqft
Сompletion date:
12.2012
№802D
Unit no & Contract
Investing in Anantara Residences on Palm Jumeirah presents a unique and highly attractive proposition within Dubai's luxury real estate market. Here's a detailed analysis that showcases why Anantara Residences is a standout investment decision, along with its unique selling points compared to other properties in Dubai:
Iconic Location: Situated on the world-renowned Palm Jumeirah, Anantara Residences offers a prestigious address that is synonymous with luxury and exclusivity. The development's location on the palm ensures breathtaking views of the Arabian Gulf, Dubai skyline, and the Palm itself, setting it apart from many other luxury developments in the city.
Luxury Beachfront Living: Anantara Residences provide direct access to private beaches, offering residents an unparalleled beachfront lifestyle that is highly coveted in Dubai. The tranquil setting, combined with the tropical landscaping and resort-style amenities, offers a unique living experience that is both luxurious and relaxing.
Limited Supply of Beachfront Properties: The limited availability of new beachfront properties on Palm Jumeirah adds to the exclusivity and demand for Anantara Residences. This scarcity is a critical factor that supports both rental and resale values, making it a compelling investment proposition.
Compared to other buildings in Dubai, Anantara Residences offer a combination of luxury living, exceptional amenities, and a prestigious beachfront location that is difficult to match. This unique blend, coupled with the development's potential for high rental yields and capital appreciation, positions Anantara Residences as a standout investment choice for those seeking to capitalize on Dubai's luxury real estate market.
Iconic Location: Situated on the world-renowned Palm Jumeirah, Anantara Residences offers a prestigious address that is synonymous with luxury and exclusivity. The development's location on the palm ensures breathtaking views of the Arabian Gulf, Dubai skyline, and the Palm itself, setting it apart from many other luxury developments in the city.
Luxury Beachfront Living: Anantara Residences provide direct access to private beaches, offering residents an unparalleled beachfront lifestyle that is highly coveted in Dubai. The tranquil setting, combined with the tropical landscaping and resort-style amenities, offers a unique living experience that is both luxurious and relaxing.
Limited Supply of Beachfront Properties: The limited availability of new beachfront properties on Palm Jumeirah adds to the exclusivity and demand for Anantara Residences. This scarcity is a critical factor that supports both rental and resale values, making it a compelling investment proposition.
Compared to other buildings in Dubai, Anantara Residences offer a combination of luxury living, exceptional amenities, and a prestigious beachfront location that is difficult to match. This unique blend, coupled with the development's potential for high rental yields and capital appreciation, positions Anantara Residences as a standout investment choice for those seeking to capitalize on Dubai's luxury real estate market.
What’s Special
Property Facts & Features
Purchase Price: $389,339
Bedrooms: 1
Bathrooms: 1
Sqft: 517 ($753/sqft)
Bedrooms: 1
Bathrooms: 1
Sqft: 517 ($753/sqft)
Property Details
Revenue: $29,979/yr
Cap Rate: 5,4%
Gross Yield: 7,7%
Cash-on-Cash: 5,4%
Cap Rate: 5,4%
Gross Yield: 7,7%
Cash-on-Cash: 5,4%
Returns
Revenue: $29,979/yr
Average Daily Rate: updating
Occupancy Rate: updating
Average Daily Rate: updating
Occupancy Rate: updating
Rental Estimate
Average Studio Values: $462,850
Average Revenue: $23,142/yr
Average Occupancy: updating
Number of studio rentals: 76
Average Revenue: $23,142/yr
Average Occupancy: updating
Number of studio rentals: 76
Palm Jumeirah Market Data
Rental Estimate
High
$3,351
Average
$2,498
Low
$1,537
Rental Data for Palm Jumeirah
76
Number of studio rentals:
58%
ROI Score:
$23,142/yr
Average Revenue:
Rental Listing by buildings
Average Revenue by buildings
Building
Listings
Revenue
Seven Palm
The Palm Tower
Dukes The Palm
24
22
16
$22,519/yr
$22,679/yr
$23,890/yr
$18,110/yr
$18,000/yr
Anantara Residence
Marquise Square Tower
Building
Building
14
14
96
96
$24,500/yr
Financial Overview
7,7%
Gross Yield:
5,4%
Cap Rate:
5,4%
Cash-on-Cash Return:
Total Investments
Financing
Revenue
Expenses
Upfront equity
Net Operating Income
Leveraged Net Cash Flow
$389,339
$0
$2,498/mo
$746/mo
$389,339
$21,024/yr • $1,752/mo
$21,024/yr • $1,752/mo
This is the amount of equity, or money, needed to initially acquire the property based on your financing choices and other expenses, including furnishing and initial expenses.
Also referred to as NOI, this is the amount of money you’ll be making per year from your investment, after fees and taxes. This number does not factor in mortgage payments.
Also referred to as Lev. NCF, this is the amount of money you’ll net yearly after paying mortgage payments. This dollar amount is all-inclusive, taking into account not only mortgage payments but also the taxes and fees that are factored into NOI as well.
Price History
Date
Event
Price
16/03/2023
30/09/2023
22/02/2024
02/22/2024
02/22/2024
02/22/2024
02/22/2024
Purchase
Price change
Price change
Price change
Price change
$389,339
$441,569
$530, 917
$46,641/yr
$57,801/yr
$68,214/yr
02/22/2024
02/22/2024
02/22/2024
02/22/2024
02/22/2024
02/22/2024
02/22/2024
Price change
Price change
Price change
Price change
Price change
Price change
Price change
$19,207/yr
$20,936/yr
$33,252/yr
$46,641/yr
$57,801/yr
$68,214/yr
Zada Tower by DAMAC
Total investment:
Annual revenue:
Cash-on-сash return:
$190,579
$32,970
12,1%
Rented
Ghalia by DAMAC
Total investment:
Annual revenue:
Cash-on-сash return:
$108,950
$16,342
10,5%
Rented
15 Northside Tower
Total investment:
Annual revenue:
Cash-on-сash return:
$191,536
$27,964
10,2%
Rented
The Waves Tower
Total investment:
Annual revenue:
Cash-on-сash return:
$234,150
$27,395
8,2%
Rented
Anwa Tower by Omniyat
Total investment:
Annual revenue:
Cash-on-сash return:
$264,070
$26,116
6,9%
Rented
Paramount Tower Hotel & Residences
Total investment:
Annual revenue:
Cash-on-сash return:
$429,695
$40,391
6,6%
Rented
Zada Tower by DAMAC
Total investment:
Annual revenue:
Cash-on-сash return:
$190,579
$32,970
12,1%
Rented
Ghalia by DAMAC
Total investment:
Annual revenue:
Cash-on-сash return:
$108,950
$16,342
10,5%
Rented
15 Northside Tower
Total investment:
Annual revenue:
Cash-on-сash return:
$191,536
$27,964
10,2%
Rented
The Waves Tower
Total investment:
Annual revenue:
Cash-on-сash return:
$234,150
$27,395
8,2%
Rented
Anwa Tower by Omniyat
Total investment:
Annual revenue:
Cash-on-сash return:
$264,070
$26,116
6,9%
Rented
Paramount Tower Hotel & Residences
Total investment:
Annual revenue:
Cash-on-сash return:
$429,695
$40,391
6,6%
Rented
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