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Projections For 2 Bed - Park Gate Residences Tower B

This document provides rental rates and projected income for a 2 bedroom apartment in Park Gate Residences Tower B in Zabeel, Dubai. It shows the high, medium, and low season nightly rates, as well as the average rate per night of 1,368 AED. Tables display the projected short term rental income at various occupancy percentages from 47% to 90%, accounting for utility fees. The maximum potential short term rental income is 348,011 AED at 90% occupancy, compared to an expected long term rental income of 180,000 AED annually, for a potential gain of up to 168,011 AED or 93% over long term rental income.

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Mueed Shahzad
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52 views1 page

Projections For 2 Bed - Park Gate Residences Tower B

This document provides rental rates and projected income for a 2 bedroom apartment in Park Gate Residences Tower B in Zabeel, Dubai. It shows the high, medium, and low season nightly rates, as well as the average rate per night of 1,368 AED. Tables display the projected short term rental income at various occupancy percentages from 47% to 90%, accounting for utility fees. The maximum potential short term rental income is 348,011 AED at 90% occupancy, compared to an expected long term rental income of 180,000 AED annually, for a potential gain of up to 168,011 AED or 93% over long term rental income.

Uploaded by

Mueed Shahzad
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Park Gate Residences Tower B -Zabeel Area Seasonal Rates (AED)

2 bed Apartment High Season 1,738


Projections 2022/2023 Med Season 1,368
Low Season 999
Avg Rate Per Night 1,368

400,000
348,011
350,000
308,836
300,000
269,662

250,000 230,487

200,000 180,000 Short Term Rental

150,000 Long Term Rental

100,000

50,000

-
47% 60% 70% 80% 90%

Occupancy % % 47% 60% 70% 80% 90%


Weeks 24 31.2 36.4 41.6 46.8
Net short term rental income 235,182.53 299,659 349,602 399,545 449,488

DEWA- Water/ Electricity Charges 3,586 4,680 5,460 6,240 7,020

DU/Etisalat - Internet / Telephone / TV package 4,560 4,560 4,560 4,560 4,560

Builging Central air-conditioning charge NA - - - - -

Management Service Charge 20% 47,037 59,932 69,920 79,909 89,898

SUB-TOTAL utility and agency fee 55,182 69,172 79,940 90,709 101,478

Short Term Net Income to Landlord (AED) 180,000 230,487 269,662 308,836 348,011
Expected long term rental income per annum 180,000 180,000 180,000 180,000 180,000

Gain from Short term rental 0 50,487 89,662 128,836 168,011

% Gain over Long term rental 0% 28% 50% 72% 93%

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