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2BHK Sobha Hartland-Meydan Avenue, Meydan City Projection

The document summarizes the seasonal rental rates for a 2 bedroom apartment in Meydan City. It shows the high, medium, and low season nightly rates and the average rate of 569 AED per night. Tables also show the potential short term rental income compared to long term rental income at various occupancy percentages, ranging from a 0% gain during long term rental to a 73% gain during short term rental at 90% occupancy.

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Mueed Shahzad
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48 views1 page

2BHK Sobha Hartland-Meydan Avenue, Meydan City Projection

The document summarizes the seasonal rental rates for a 2 bedroom apartment in Meydan City. It shows the high, medium, and low season nightly rates and the average rate of 569 AED per night. Tables also show the potential short term rental income compared to long term rental income at various occupancy percentages, ranging from a 0% gain during long term rental to a 73% gain during short term rental at 90% occupancy.

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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sobha hartland-Meydan Avenue, Meydan City Seasonal Rates (AED)

2 BHK High Season 722


Med Season 569
Low Season 415
Avg Rate Per Night 569

160,000
138,413
140,000
122,527
120,000
106,641
100,000 90,755
80,000
80,000 Short Term Rental
60,000 Long Term Rental

40,000

20,000

-
53% 60% 70% 80% 90%

Occupancy % % 53% 60% 70% 80% 90%


Weeks 27 31.2 36.4 41.6 46.8
Net short term rental income 110,280.01 124,544 145,302 166,059 186,816

DEWA- Water/ Electricity Charges 3,664 4,320 5,040 5,760 6,480

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% 22,056 24,909 29,060 33,212 37,363


SUB-TOTAL utility and agency fee 30,280 33,789 38,660 43,532 48,403

Short Term Net Income to Landlord (AED) 80,000 90,755 106,641 122,527 138,413
Expected long term rental income per annum 80,000 80,000 80,000 80,000 80,000

Gain from Short term rental (0) 10,755 26,641 42,527 58,413

% Gain over Long term rental 0% 13% 33% 53% 73%

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