Investment in the apartment with 6% ROI

Task

The investor was looking to invest 190 000 USD in short term leasing with owning rights and selling options.

Goal

The investor made one bank transaction of 190 000 USD = 700 000 AED and trusted the attorney to buy apartments on his behalf. RI Group bought a 650 000 AED studio in Icon Tower in Dubai JLT.

Result

The apartment is working in short terms leasing. The investor gets 42 000 AED returns per year (6% ROI from 700 000 AED). Capitalization of the apartment is 4% per annum. The investor can sell his apartment within 90 days.

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