Sales launch soon: Apartments from $208k with 8,2% ROI at Ora in Town Square

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08 Apr 2024
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In late April, the Ora project will hit the market in the eco-friendly residential area of Town Square. Apartments starting from $208,000 are suitable for both living and investment purposes – you can rent them out with an 8,2% ROI. We anticipate a price increase of 20% annually.

The project is scheduled for completion in November 2026. We'll find you the perfect tenant immediately after you receive the keys.

We'll help you earn:

• All units are sold with ready-made finishes, built-in kitchen appliances, and plumbing. We'll assist in furnishing or upgrading finishes.

• After project completion, we'll help with utilities setup – electricity, water, internet. If you're renting out, we'll register the lease agreement with the Land Department. Or we'll find a buyer for resale at peak prices.

• 0% installment – 50/50 for 2,5 years.

• Initial payment of 10% – from $20,800.

Estimated ROI from long-term rental:

Annual rent for a 1-bedroom unit in this location, considering rising rental rates closer to project completion – $19,500.

Service charge – $1,700.

DLD – from $8,320.

ROI ≈ 8.2%

Developer:

Nshama

By car:

• 35 minutes – to Dubai Marina;

• 40 minutes – to DXB Airport.