Princess Tower, Dubai Marina

Total return on investment (ROI) - 26%

This project was a 2 bed, 2 bathroom apartment on a high floor with a view of the Dubai Ain, Burj Al Arab and an unobstructed panoramic sea and palm view. The unit had scope for an internal fit-out. Within walking distance to the beach, JBR, Marina Walk, Gems Wellington International School, and easy access to Sheikh Zayed Road.

Initially listed at AED 2.3m, a discount was achieved with a purchase price of AED 2.2m. The cash required for the project, including renovation and running costs, was AED 705,000. The project took 6 months in total, including the purchase, renovation and sale of the property, achieving a record breaking price/sqft and the highest sale price of a 2 bed for the building. We achieved our goal sale price in just 3 weeks of the listing going live, meaning our investors got their investment plus return within just 7 months!