The Legends investment brief

Brand new | Vacant | Amazing view

DAMAC Hills · For sale
Listing referenceEH|LRT3B|1BR|SALE|1.6MPermit number: 7117890230Public record updated: Not supplied

01 · Executive property snapshot

Asking priceAED 1,350,000
AreaDAMAC Hills
Property typeApartment
Bedrooms1
Internal size1,021 sq ft
Permit number7117890230
BuildingLoreto 3B
Bathrooms2
ReadinessReady

02 · Position within the current published area collection

Comparable published listings: 4
Asking priceAED 1,350,000

Published area median: AED 2,000,000

Below median · -32.5%
Price per sq ftAED 1,322

Published area median: AED 1,353

Near median · -2.3%
Internal size1,021 sq ft

Published area median: 1,468 sq ft

Below median · -30.5%

03 · Five-year illustrative scenario

Illustrative five-year profitAED 523,475

Five-year return on total cash: 36.6%

Assumed annual rentAED 95,000
Gross yield7%
Year-one net yield5%
Year-one net incomeAED 67,122
Illustrative value in year fiveAED 1,642,481

Scenario assumptions

Service charge
AED 18 / sq ft
Vacancy allowance
5%
Maintenance allowance
5%
Annual capital growth
4%
Annual rent growth
2%
Purchase costs
6%
Selling costs
2.5%

04 · Decision gates before commitment

01

Rental evidence

Validate achievable rent with relevant evidence, not asking prices alone.

02

Operating costs

Confirm service-charge statements, management, maintenance and finance costs.

03

Exit liquidity

Test who the likely future buyer is and the evidence behind the exit assumption.

The Legends publication verification

Permit reference, availability and approved media are present in the public listing record.

EH|LRT3B|1BR|SALE|1.6M

This brief uses current asking data and editable assumptions. It is not a valuation, transaction benchmark, investment advice, or a guarantee of rent, appreciation, liquidity or return. Every assumption requires verification before a decision.