We ourselves have gone through the full path of the investor: from the purchase to the sale of an investment object. The profitability of the deals we closed ranged from 43% to 134% per annum.
We entered the project by paying 10% of the cost on December 7, 2021 — 133.000 AED.
Further, according to the payment schedule, we paid 133.000 AED on March 15, 2022 and August 15, 2022. In total, we invested 399.000 AED.
On October 21, 2022, we sold this unit, having received 612.000 AED from the buyer. This is the amount after deducting agency commissions and other costs associated with the sale.
But we didn’t deposit the amount of 399.000 AED immediately, but in three equal installments over 8 months. Therefore, when recalculated, taking into account annual interest, the yield increased to 108.74%.
We show our real numbers on the example of unit 201 in the MERAAS Central park project