0:01 Hello everybody. This is Sad with you
0:04 again, your favorite realtor and today
0:06 I'm back on Dubai Islands. Now this is
0:10 one of my favorite destinations right
0:12 here in Dubai. This is being developed.
0:14 The master developer of this island is
0:17 Nahil. The ones behind all of the other
0:19 iconic waterfront destinations that we
0:23 have Palm JRA done by Nil. We also have
0:26 Palm Jabali. The new master plan also
0:28 being done by Nakil. And this right here
0:31 is Dubai Islands. And as you can see
0:34 right there, this is the beautiful Dubai
0:37 Islands Beach. Now I'm a huge believer
0:39 of this very waterfront destination
0:42 because this is only one of the few
0:43 places the waterfront destinations in
0:46 Dubai where you actually have a beach
0:48 access. Now we also have right next door
0:51 to us Rashid Yats and Marina by
0:53 waterfront destination. Beautiful views
0:55 but no real water access for you a
0:56 normal person. You can't just go and
0:58 jump into the water over there. You
1:00 can't do that in Maritime City. This is
1:03 the only new development that is coming
1:05 up where the prices are extremely
1:08 attractive where you can actually have a
1:10 proper beach access to you. Now, right
1:13 now we are in island A and this beach
1:14 that you see right here, this is a
1:17 public beach. The new launch that I want
1:19 to propose to you is coming up by
1:21 Ellington, the Maria collection. It is
1:24 on island B which is right next to us.
1:26 Unfortunately, we don't have access to
1:28 this very island, but I had made it
1:30 there. The last time I was talking about
1:32 Hadu project, I was there and I'll put a
1:34 clip of that very beach how that looks
1:36 like. It's an fantastic beach. And over
1:38 there as well, ahead of the beach,
1:39 you're also going to have a phenomenal
1:42 island, sea, golf course that is coming
1:43 up. So, you're going to have green and
1:45 blue views that is going to look very,
1:48 very spectacular. Now let me actually
1:49 walk towards the beach and show you the
1:52 beach a little more closer and get you a
1:54 better view of this very beach that's
1:57 coming along right here. So today is a
2:01 Monday afternoon and if you have visited
2:04 uh JBR or kite beach you you know how
2:06 crowded it gets in these pockets. The
2:09 beaches over there are extremely crowded
2:10 and over here you can take a look the
2:13 beaches are way more calm, lesser
2:15 people. The water is way more cleaner
2:18 that I'll show you in a moment from now.
2:21 I was in JBR about 2 weeks ago and on
2:24 the JBR beach when I was actually in the
2:26 water. I actually went near the waters.
2:28 I was surprised to see that the color of
2:31 the water in JBR the the the area that
2:33 is the most popular for beachfront
2:36 living. The water was greenish in color.
2:38 It had a greenish tint to it. And over
2:41 here this beautiful beach is a
2:44 spectacular very nice clear blue beach
2:46 that you have right here. So the water
2:49 quality is also a huge factor. Uh when
2:50 you need to understand when you talk
2:53 about beachfront residences the water in
2:56 Dubai islands the beaches are pristine.
2:58 The color of the water is very clear.
2:59 We'll actually go closer and show you
3:02 the beach as well. So what is the valley
3:04 proposition right here? This is a public
3:07 beach, but on island B, where Ellington
3:09 is coming up with a new project, you're
3:11 going to have a stretch of private beach
3:13 just for yourself. That's fantastic as
3:15 an amenity to have. This is one of the
3:17 most rarest and the most exclusive
3:19 amenities that you can have in Dubai. A
3:22 proper private beach for yourself. And
3:23 now when you actually understand the
3:25 prices on the beachfront, we're talking
3:29 about 8,300 dirhams as the average price
3:31 on the beach front. Over here in the new
3:32 Ellington project, we are expecting
3:35 prices to start from 3,700 dirham per
3:37 square foot. So you have more than a 2x
3:40 upside when the prices here match the
3:42 average of the beachfront prices. The
3:44 prices on the beachfront even trend even
3:47 close to 9,000 10,000 dirham per square
3:49 foot. So the upside is fantastic and
3:52 Ellington if you know are an amazing
3:56 developer designled developer. ex CEO of
3:58 Imar is the one who has founded this
4:00 very company Ellington and if you see
4:02 their track record they have some of the
4:05 best quality in the market they have uh
4:07 the highest resales in wherever they're
4:09 building the highest resale transactions
4:11 are with Ellington they command higher
4:13 rentals and they're always highly
4:15 occupied with residents so in terms of
4:17 pricing we're expecting one beds to
4:19 start from 2.6 6 million dhams and the
4:21 two beds will start from 4.5 million
4:22 dhams. There's also going to be some
4:24 fantastic pen houses in this project
4:26 only 11 in number. Now let me also
4:28 address this issue right there. The
4:31 airplane okay so Dubai Islands today
4:35 falls exactly on the flight path but it
4:38 is also common knowledge and a fact that
4:42 the airport is moving from DXB to DWC
4:44 which is in the south of Dubai. So this
4:47 aircraft issue that you have, it's a
4:49 temporary issue. Don't let this be the
4:51 point that stops you from investing in
4:53 Dubai Islands because the airport is
4:55 going to move. That is established. The
4:56 government has a plan to already move
4:59 the airport. The airport in DWC is
5:01 already active. It's being expanded. And
5:02 as the expansion happens, more and more
5:05 flights will be phased out towards uh
5:07 Al-Maktum Airport and DXB airport. The
5:09 Dubai International Airport that we know
5:10 today is going to be completely shut
5:12 down. So there's going to be no more
5:13 flights that happen from right here. and
5:14 all the flights will be taking off from
5:17 right there and this will become the
5:19 most iconic beachfront destination that
5:22 you have in Dubai. So another fact about
5:24 island B is that the amount of buildings
5:28 in island B are very less in number. All
5:29 right, there's only a handful of
5:30 buildings that will be coming up in
5:33 island B. Island A where I am at right
5:35 now, this is where most of the
5:37 development is happening. But even over
5:39 here I have promoted projects which were
5:41 on the first line of this very beach.
5:43 Those are the projects that I find
5:44 maximum value in. There are also
5:46 projects that are going to be internally
5:48 facing in the middle of the island. I
5:49 don't see a point investing in those
5:51 places. Yes, there is a point because
5:52 you will still be relatively closer to
5:55 the beaches. But as an investor, always
5:57 best to be investing in the first second
5:58 row near the beaches and that is exactly
6:00 where Ellington is coming up. The Mariva
6:02 Collection by Ellington is a mini
6:04 community of sorts. They have their own
6:05 plot. It's going to have an Ellington
6:07 hotel there as well, managed by one of
6:09 the top hotel groups around the world.
6:11 Those will be operating right there. And
6:14 it's going to be six buildings, 11 pen
6:16 houses, all of them having their own
6:19 private beach. Now, let's actually go
6:22 closer to the beach and check out the
6:24 quality of the water that we have right
6:27 there. I'm going to pull up my pants so
6:29 that I can actually step into the water
6:31 and give you a good look at this very
6:33 water that we have right here. So, let's
6:35 check out the color of the water. You're
6:37 going to be surprised to see the color
6:40 of the water is actually very nice, very
6:42 clear waters over here compared to what
6:44 you find in other places of Dubai. There
6:46 is no water stagnation and also they
6:48 have a reef project that is ongoing over
6:51 here and that really purifies the water
6:52 and that's why you're going to find the
6:53 color of the water is going to be
6:56 absolutely amazing. Now the water right
6:58 here, I have come here in the past. I
6:59 have done my bit of swimming on this
7:02 beach and the waters right here are
7:04 absolutely amazing. Let me go closer and
7:06 actually just show you from close how
7:10 clear the waters are right here.
7:12 All right. So, this beach is a fantastic
7:14 beach. The vibes right here are very
7:17 very nice. It is very secluded. It is
7:19 not something that is very very uh
7:20 populated, but most of the people that I
7:23 see right here are visitors and tourists
7:25 who are enjoying this very beach right
7:28 here. So, that was a closer look into
7:30 the waters. I also have a proper
7:32 full-blown presentation where we're
7:35 going to understand the pricing on the
7:37 beachfront, how the different areas of
7:40 beachfront are and what kind of value do
7:41 you get when you invest in Dubai
7:43 Islands. We don't have the brochures
7:44 yet. Those will be out in a couple of
7:46 days. If you really wait for the
7:47 brochures, it is going to be late for
7:49 you to be investing in the launch
7:50 because there'll be a ton of EOIs that
7:53 will be already in place by the time
7:54 those brochures do come out. So, watch
7:56 this video. If you like it, reach out to
7:58 me and whenever the brochers do come
8:00 out, I'll be sending it to you first.
8:01 So, let's go to the trusted screen and
8:04 take a look at the presentation.
8:05 So, now we're back in front of the
8:07 trusty screen to take a look at a very
8:09 amazing analysis on the entire
8:12 beachfront of Dubai and how this project
8:14 of Ellington shapes out in this
8:17 landscape of beachfront residences in
8:19 Dubai. So, firstly, just check out this
8:22 amazing render of this very project.
8:24 fantastic private beach right in front
8:26 of you. It is going to be a collection
8:28 of six buildings that is coming up right
8:31 here and the project looks absolutely
8:33 special. We had the Hado by Beyond
8:35 project which was right here right next
8:38 to this very project and over here
8:40 Ellington is bringing their uh mini
8:43 community inside of Dubai Island. So
8:45 just take a look behind is also going to
8:47 be sea views because we have only
8:49 low-rise villas right behind this
8:51 building. From the front, you're going
8:53 to have this fantastic uh open beach
8:55 view. Also, with the golf course,
8:57 there's going to be a lot of landscaping
8:58 that happens all around the community.
9:00 There's also going to be an Ellington uh
9:02 hotel that is coming up right here. It's
9:03 going to be definitely one of the
9:06 higherend uh hotel chains that will be
9:09 operating within this hotel. And there
9:10 also going to be some fantastic pen
9:12 houses that come up inside this project.
9:14 Let's continue and check out some more
9:15 renders. So, this is the beautiful golf
9:17 course in the horizon that I was talking
9:20 to you about. There's going to be an
9:22 amazing architecture within this
9:24 building. There's not too much
9:26 information that we have in our hand
9:28 right now. The official brochure will be
9:31 out on 5th of this month. So, if you're
9:33 watching this beforehand, please do
9:34 reach out to me and I can share with you
9:37 whenever these brochures are released.
9:39 So, let's take a look at some more
9:42 renders of the project. So, these are
9:43 some details about the building. The
9:46 expression of interest is already open.
9:49 uh 50k for a onebedroom in dhhams 50k
9:52 dhams for a onebedroom 75,000 for a
9:55 twobedroom 100,000 for a three-bedroom
9:58 for a penthouse it's 150,000 half floor
10:01 250,000 full floor 500,000s these EOIs
10:05 are fully refundable um only 11 pen
10:07 houses will be available within this
10:09 project three and five bedroomedroom
10:10 layouts we're going to have six
10:13 buildings and the launch the official
10:16 launch will happen on 11th of February.
10:21 So let's continue into our analysis and
10:24 check out the real scarcity in
10:27 beachfront residences in Dubai. The two
10:29 beachfront apartments comprises only 5%
10:32 of residential supply. Now let me
10:35 actually show you the map of Dubai where
10:38 we can look at the entire coastline end
10:41 to end. So I've marked this in white.
10:43 This is the border Abu Dhabi and Dubai
10:46 border and this over here this white
10:48 line it may not be visible but this
10:50 there's a white line going right here
10:52 which is the border of Dubai and Sharah.
10:55 So this end to end is the entire
10:59 coastline of Dubai. And where do we have
11:01 options to actually buy beachfront
11:03 apartments in Dubai? There's only nine
11:06 spots in all of Dubai where there is
11:08 freehold availability of apartments in
11:11 Dubai. Palm Jabali, JBR, Dubai Harbor,
11:15 Imar Beachfront, Palm JR, Mrs. Arab, the
11:17 Peninsula, Lame and Dubai Islands. And
11:19 that's it. There's no other place where
11:21 you can own a proper beachfront
11:23 apartment in Dubai. Now, let me actually
11:25 zoom and show you everything that I've
11:28 marked in red are non-freehold areas.
11:29 So, you're going to understand, just
11:33 look, this is the border of Abu Dhabi
11:34 and Dubai. This entire stretch is a
11:36 non-freehold land. This entire thing
11:39 right here is the double free zone and
11:41 the power station right here completely
11:44 not a freehold zone. Over here you do
11:46 have JBR and this stretch right here
11:48 where you do have
11:50 uh availability where you can actually
11:53 own freehold apartments and as I was
11:55 mentioning earlier in this video the the
11:57 water color in JBR has a greenish tint
12:01 to it which is not very appealing uh
12:02 when you're actually going for a swim
12:04 right there. Then we have Dubai Harbor
12:06 which has a beach on this side. Freehold
12:09 you can buy here. Immar beachfront has a
12:13 beach you can buy here. Uh Palm JR
12:15 entire Palm JRA has various apartment
12:18 buildings on the crescent and over here
12:20 on the trunk that have beach access. So
12:22 that is freehold that can be bought. And
12:24 then this entire red section right here
12:27 is completely not freehold. All right.
12:28 Because we have some palaces of the
12:30 royal family. We have some hotels over
12:34 here. And um then we have over here Mrsa
12:40 Al Arab which is a super ultra luxury uh
12:42 residence by Moras and this is going to
12:45 be freehold. You can buy here. Uh the
12:47 beach access is right here for these
12:49 buildings. After that we have this
12:53 entire strip of JRA which is completely
12:54 non-freehold. As you can see you can't
12:57 buy here. All of this land is never
12:59 going to be for sale. Then you have
13:01 peninsula where the prices are extremely
13:04 high but this is a freehold area with
13:06 beachfront access where you can buy and
13:08 hold today. After that again we have
13:12 this entire stretch of non-freehold area
13:14 which is facing towards the beach and
13:18 then over here we have um uh Jra Bay but
13:21 over here the apartments are right here.
13:23 As you can see these apartments do not
13:26 have a beach access for them. There's no
13:29 direct beach access. There is a beach,
13:31 but that is part of the Bulgari resort.
13:32 So, these apartments though they're
13:34 extremely high and they do have sea
13:36 views, they don't have a beach access.
13:38 The beach access is reserved for the
13:41 villas and residents of the resort.
13:43 Let's move along this entire stretch
13:44 again as I mentioned completely
13:46 non-freehold. Now, the these three
13:48 islands that you see, this is La Mer,
13:51 this is freehold. You can own here and
13:52 you can get beach access. We had a new
13:54 project called Slaya that was coming up
13:56 right here along this beach that will
13:59 have its own private beach that is
14:02 something that you can own. This is Paul
14:04 JRA. This is only for villas. So we are
14:07 not going to count that in our analysis.
14:09 This entire area is a non-freehold area.
14:14 Then we have um maritime city which is
14:16 seafront but it does not have a beach so
14:18 it does not count in our analysis. This
14:20 right here is Rashida yachtsen marina.
14:22 Again, it does not have a beach. So, we
14:23 are not taking this into our
14:26 consideration. Then again, this entire
14:28 stretch of land is non-free hold until
14:30 the border of Dubai and Chara. This
14:31 white line right here is the border of
14:35 Dubai Charger. So, the final option to
14:36 buy something on the beachfront is going
14:38 to be in Dubai Islands where the new
14:40 project is coming up. Right here is
14:41 where Ellington is bringing their
14:42 project and it is going to have its own
14:44 direct beach. This island in front of
14:47 you will have a fantastic golf course.
14:49 So, that is going to be also in the
14:54 view. So fantastic project overall. Um
14:56 so yeah let's let's check again from
14:59 this end. This is one end of Dubai. The
15:03 seafront is so scarce. You cannot find
15:05 seafront apartments in Dubai other than
15:07 the few options that I mentioned to you
15:08 completely. Everything that you see in
15:12 red is nonfreehold. You cannot buy here.
15:13 All right. And this is the border. So
15:16 the options are very very limited for
15:19 beachfront living. Let's continue into
15:25 So we're going to do a price per square
15:27 foot comparison between all of the
15:29 beachfront options that we have taken a
15:31 look right now on the map. So to begin
15:34 from the left hand side we had Palm
15:37 Jabali where we have prices of 3750
15:39 today. So that is the price in Palm
15:42 Jubilee. Then we have JBR where we have
15:43 older apartments and then we have newer
15:45 apartments and these have completely
15:46 different price per square foot. All
15:49 right. The older stock whatever exists
15:53 in Jum uh Jumera beach residences is
15:56 trading at 3,025 dirham per square foot
15:58 where we have horrendous traffic issues
15:59 right now because JBR was not planned
16:01 with the Dubai of today. They did not
16:04 expect this level of tourism and uh
16:05 people coming into the country. So
16:08 there's a lot of traffic in JBR. The
16:10 newer buildings in JBR are all trading
16:12 at 7,000 dirham per square foot on
16:13 average. These are all the names of the
16:16 buildings that are part of uh these
16:17 areas. So each and every building that
16:19 you see right here are going to be all
16:22 of the beachfront buildings that are in
16:24 Dubai at the moment. So JBR old 3,25,
16:28 JBR new 7,000 dirham per square foot and
16:30 then we have Dubai Harbor where we have
16:33 a building by Damak called uh Bay by
16:35 Kowali. Prices over here are trading at
16:39 5,000 dirham per square foot. All right.
16:41 And then we have Emar beachfront where
16:43 we have a collection of buildings. On
16:44 average these buildings are trading at 5,5225
16:46 5,5225
16:48 dirham per square foot. And then we have
16:52 Palm JRA. Old buildings of Palm JRA.
16:54 These are the old buildings on average
16:56 are trading at 3,400. The new buildings
17:00 in Palm JRA are trading at 8,750
17:02 dirham per square foot. So those are
17:05 some very high prices that are trading
17:08 in Palm JRA, the original Palm. And as
17:10 you can see, there are certain buildings
17:11 that are even trading at 10,000 dirham
17:14 per square foot uh as individual
17:17 projects. And then we have Marsal Arab
17:18 the one right next to Bjal Arab that I
17:21 showed you. Over here prices are trading
17:24 at 17,000 dirham per square ft. And then
17:26 we have the peninsula by H&H. The entire
17:28 island is being developed by H&H. And
17:31 over here we have prices trading at on
17:34 average 16,000 dirham per square foot.
17:36 Let's move along. Then we have La Mer.
17:38 As I showed you on the map, we had Puda
17:40 Lamar, Assurab, and Slaya. On average,
17:43 these are trading at 8,666
17:45 dirham per square foot. The highest in
17:47 this list is Assora Bay at 16,000 dirham
17:50 per square foot. Let's check out finally
17:52 Dubai Islands where we're going to have
17:53 this new Ellington project. Now, in
17:56 Dubai Islands, only a few of them came
17:59 with private beach. All right, we had a
18:04 Rickos by Nahil that launched in 2023.
18:05 All right. And over there we had prices
18:07 of 3,200 dirham per square foot. Then we
18:09 had Ellington Cove the last Ellington
18:11 project which was a complete sellout on
18:13 launch day. Uh Ellington Cove prices
18:16 started at 3,400 dirham per square foot.
18:18 Then we have Bay Grove by Nakil prices
18:20 were at 2,400 dirham per square foot.
18:23 Then we had recently Hadob by Siora. Uh
18:25 this is by Beyond 3,300 dirham per
18:27 square ft². And then now we have Maria
18:29 collection which is going to be from
18:32 3,500 dirham per square ft. So as you
18:34 can see the average right here is coming
18:37 up to 3,160
18:40 dirham per square foot. This is very low
18:42 compared to all the other options that
18:43 we had. Now let's take a look at the
18:45 entire table. Let's tabulate everything
18:48 together in a single list. And from this
18:51 I have neglected the old stock. Anything
18:53 above 10 years old I have removed it
18:54 from the list because it is not going to
18:56 be a fair comparison because all of
18:59 these are the projects that have handed
19:02 over after 2019 let's say. Yeah. So,
19:04 anything above 10 years is removed from
19:06 this list. But when you come to this,
19:09 the average on the beachfront is coming
19:12 to 8,317
19:15 dirham per square foot. So 8,300 that is
19:18 a a number which is just we're only
19:20 talking about the average. Highest on
19:23 the list is at 17,000. Lowest on the
19:24 list is right here which is Dubai
19:27 Island. So you understand the level the
19:29 value level that you have right here.
19:31 The prices are very low compared to
19:33 anything else that you have in Dubai on
19:34 the beach front. So this is the real
19:36 value proposition right here. Let's take
19:38 a look at
19:40 what is the capital appreciation based
19:42 on these averages. So Dubai Islands
19:45 average 360 Marua collection the new
19:47 launch is going to be 3,500
19:50 and then I've also included the seafront
19:52 average. So seafront and beachfront are
19:53 two different things. Beachfront means
19:55 you actually have a beach right in front
19:57 of you. Seafront could be anything that
19:59 gives you a sea view with or without any
20:00 kind of beach in front of it. All right.
20:02 So the seafront average in Dubai itself
20:05 is almost at 6,000 per square ft. And if
20:07 you compare it to the seafront average,
20:11 you have a price gap of 70% from Miva by
20:12 LinkedIn. And then if you compare to the
20:14 average beachfront prices that we just
20:17 calculated from an analysis is coming at
20:21 8,317. That is a price gap of 138%. So
20:24 just imagine the immense price gap that
20:26 you have right here between Dubai
20:29 Islands beach uh front uh apartments
20:31 versus the average beachfront of Dubai
20:33 uh price per square ft. So let's
20:36 continue and understand what does our
20:37 ROE look like because we're going to
20:39 have a 7030 payment plan right here. So
20:41 what does our ROE look like in this very
20:43 project? So expected starting price for
20:46 a one bet we're looking at 2.8 million
20:49 dirhams. All right. Now with a 70%
20:51 capital appreciation if we are matching
20:54 seafront average 70% and our second case
20:57 will be on 138% to match the beachfront
20:59 average. So at this 70% capital
21:02 appreciation we make a profit of 1.96 by
21:05 investing 1.96 million dhams that is
21:08 100% roe that you can expect right here
21:10 in this very project based on analysis.
21:12 These are not numbers that I'm making
21:15 up. This is a thorough study on all of
21:17 seafront plus beachfront residences in
21:20 Dubai. So matching seafront average you
21:23 stand to make 100% ROE in this project.
21:26 Matching beachfront average which is
21:28 more likely you stand to make almost
21:32 200% in ROE. That means whatever money
21:34 you invest is going to triple up because
21:36 if you invest 1.96 million you take a
21:39 profit of 3.86
21:43 million. All right. So again with a 138%
21:44 capital appreciation you're looking at
21:47 an exit price of about 6.6 million
21:49 dirhams. Now I'm not saying it's going
21:52 to be 100%. I'm not going to be I'm not
21:54 saying it's going to be 197% but it
21:56 could be very well something in between
21:58 this number. You with this project have
22:01 a potential to make an ROE of anywhere
22:05 between 100 to 200% ROE. Even at this
22:07 lower case with 100% ROE that is a
22:09 fantastic investment opportunity right
22:10 here that we have. Let's move along and
22:13 check out a two-bedroom uh analysis.
22:15 When we match the seafront, we're
22:17 looking at
22:19 3.15 million rooms of profit when you
22:22 invest in a 4.5 million room two-bedroom
22:24 apartment. And then uh the same
22:26 two-bedroom apartment when we match the
22:28 beachfront prices you could exit. These
22:30 are based on the averages. This is based
22:32 on the market. 10.7 million dirhams of
22:35 price and then you're looking at 6.2
22:37 million D of profit by investing only
22:41 3.15 million dirhams. So let's continue
22:43 and check out what can we expect in
22:45 terms of your ROIs if you're looking to
22:47 do a short-term rental in this very
22:49 project. So we have at this point of
22:52 time two hotels in Dubai Islands that
22:53 are operational. People come there,
22:55 people visit there, people stay there.
22:57 All right. So what I've done is the two
22:59 hotels that are right here are Rio Hotel
23:01 and Centaur Hotel. All right. What I've
23:04 done is I've taken the prices during the
23:06 winter time and I've taken the prices
23:09 during the summer time. So these are the
23:11 prices in Rio Hotel. In the winters we
23:14 have prices about 1,870.
23:16 In Centaur we have similar prices of
23:19 1,834. This is in February winter
23:22 season. In summers we have prices in Rio
23:24 at 1,050
23:28 and in Santara we have,485.
23:30 So when you take the average average
23:32 winter prices is at 1,846.
23:36 Average summer price is at 1,300. Now we
23:38 all know December, January, February
23:40 these are the three winter months and
23:41 the rest of the months we can just
23:45 classify them as summer. So winter
23:48 average 1846
23:50 * 3 months. Yeah. December, Jan, Feb,
23:53 we're looking at 166,140
23:56 dhams during these months as our revenue
23:57 in the summer months which we can
24:01 consider as 9 months. 1,34 * 9 that's
24:06 352,000 DS. When you
24:08 uh make the total of this, you are
24:12 looking to make a revenue of 518 to20.
24:14 But this is at full occupancy. That is
24:16 not uh sensible. So we're going to
24:18 consider at 70% occupancy what are we
24:21 looking at? So at 70% occupancy, we are
24:25 looking to make about 362,000
24:29 dhams annually as our revenue. at 70%
24:31 occupancy. So that makes it a gross ROI
24:36 of almost 13% right here in this project
24:38 excluding your fees, property management
24:40 fees, you are still looking to make
24:43 about 11% right here in a short-term
24:45 rental model. So that is again fantastic
24:47 numbers. So this right here was the
24:50 analysis into the new Mariva collection.
24:52 When you understand the price comparison
24:53 between beachfront residences, you
24:55 understand what is the amazing value
24:57 proposition of this very project. your
24:59 own private beach. This is the most
25:02 biggest and most exclusive amenity that
25:04 you can really have in Dubai because we
25:06 understood today the beachfront is very
25:08 limited. The coastline is mostly
25:10 non-free hold. The options to actually
25:11 buy into something are very very
25:13 limited. So this launch by Linton is
25:15 coming up. The launch last launch was a
25:17 complete sellout. This new project is
25:19 coming up. EIS are now open. If you're
25:20 interested in this project, please do
25:22 not waste any time and reach out to me
25:24 so I can share all the relevant
25:26 information with you as soon as we have
25:28 it. And if you found this video
25:29 informative, please do drop a like. And
25:31 for now, this is Sadbar Realtor signing off.