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1 Bed in Fairways West Tower, The Views (1402)

1 bed

1 bath

740 sq.ft

The Greens and Views

Dubai, United Arab Emirates

A mature real estate market with a high return on investment

Rented

Currently occupied and professionally managed by our team

Current rent is AED 8,750 per month per month

Distributed monthly among all investors after standard charges and fees

7.16% annual gross yield

With a net yield of 5.5% and a price per square foot of AED 1,983

All information on this page is from the date that the property closed funding.

Investment calculator

Property Overview

Stake is offering an opportunity to invest in a 1-bedroom apartment in Fairways West Tower, The Views. The Views, adjacent to The Greens, is a stunning development by Emaar. The Greens & Views houses a unique community in Dubai, located on the Sheikh Mohammed Bin Zayed Road and is in close proximity to The Emirates Golf Club. The Fairways West Tower is one of 3 residential buildings offering 1 bed, 2 bed, and 3 bed luxurious apartments with amazing views of the canal and golf course.

Financials

Rental income (Year 1)

Annual gross rent

9.41%

Service charges

19 October 2023

Mgmt. and maintenance

AED 1,470,000

Investment cost

AED 1,470,000

Property cost

Property price

AED 1,467,113

Transaction costs

19 October 2023

Stake fee

AED 1,470,000

Annual net income

AED 1,470,000

This is an estimate for the 1st year of ownership

Funding timeline

Each step may occur earlier than the dates below

19/10/2023
Closing date
20/10/2023
SPV formation and title deed distribution
15/10/2023
Expected first rental payment

Location

The Greens and Views, Dubai, United Arab Emirates

Securing a position in the centre of the city, The Greens and Views are part of the green communities that make up Emaar’s Emirates Living Project. The area benefits from a well-established neighbourhood in a prime location, set among lush greenery. You’ll find popular public transport routes just a short walk away, and a wholesome communal environment offering a range of lifestyle amenities and a complete shopping centre within.

Amenities

Gym

Pool

Documents

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Property price

AED 1,467,113

87

533 investor

Closed on : 07 October 2023

Annualised return

9.41%

Funded date

19 October 2023

Current valuation

AED 1,470,000

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