PROJECT                         D.I.P (DUBAI INVESTMENT PARK)

USE                               LABOR CAMP

ROOMS                           215

SELLING PRICE                AED 105 Million

STATUS                          RENTED OUT

YEARLY NET INCOME         14%  (AS OF TODAY)

STARTING MARCH 2009      16% (IS A GUARANTEED R.O.I)



Selling at 105 Million + transfer + 2% commission

 

215 rooms - all rooms are rented out at 5,500/per room as per today's market 
price for the next 4 months.

 

120 rooms  x 5,500 = 660,000 per month

same rent rate applicable till April 2009


95 rooms x 5,500 = 522,500 per month

same rent rate applicable till March 2009 

 

On contract renwal by march and april, the new rental charges will be at 
6,500/per room 

same current tenant will renew contract with the new buyer at 6,500/room

a total of AED 16,770,000 per year 

ROI will be 16% exactly, starting april 2009


Regards, 

Dr. Wissam
050-7972008


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