Payment Plans & Forecasts

Payment plans are only available on selected apartments - E.g. the better Type B & C apartments where we are very confident about the long-term rental. Such plans are good as they allow your rental income to pay for part of the property. Thus you end up paying LESS out of your own pocket.

For full details please download one of the brochures and fill in your email details. You will be sent an email with further details and apartment sizes, locations and pictures.

The chart below shows 2 Year payment plans on a popular Studio and a popular 1-bed apartment. The 1-bed apartment is great for investment as it will mean you only pay about £39,000 out of your own pocket as about £10,000 of rental income is credited against your payments over the two years.

Only Openshore offer such Payment Plans and Rental Guarantees. This makes a property purchase much safer and overall more cost effective as your own investment is less, your property is not left empty, and is well managed. Note prices below are valid only until end of this month. There is only a small increase expected in prices for next month.

2 YEAR PAYMENT PLANS (on selected apartments)
Example Plans	Studio		1-Bed
	AED	£ Pounds	AED	£ Pounds
Price	219,000	£36,500	299,000	£49,833
Expected Rental (2 Yrs)	-40,000	-£6,667	-60,000	-£10,000
Net cost for Apartment	179,000	£29,833	239,000	£39,833
Payment Plan A - 24 months	AED	£ Pounds	AED	£ Pounds
Due Now	21,900	£3,650	29,900	£4,983
3 Months	65,700	£10,950	89,700	£14,950
6 Months - Rent Starts	76,650	£12,775	104,650	£17,442
9 Months	21,900	£3,650	29,900	£4,983
12 Months	6,570	£1,095	8,970	£1,495
15 Months	6,570	£1,095	8,970	£1,495
18 Months	6,570	£1,095	8,970	£1,495
21 Months	6,570	£1,095	8,970	£1,495
24 Months	6,570	£1,095	8,970	£1,495
Rent credited against payments every quarter
Thus what you pay is less than above
Payment Plan B - 24 months	AED	£ Pounds	AED	£ Pounds
Due Now	21,900	£3,650	29,900	£4,983
1 Months - Rent Starts	142,350	£23,725	194,350	£32,392
3 Months	8,760	£1,460	11,960	£1,993
6 Months	6,570	£1,095	8,970	£1,495
9 months	6,570	£1,095	8,970	£1,495
12 Months	6,570	£1,095	8,970	£1,495
15 Months	6,570	£1,095	8,970	£1,495
18 Months	6,570	£1,095	8,970	£1,495
21 Months	6,570	£1,095	8,970	£1,495
24 Months	6,570	£1,095	8,970	£1,495
Rent credited against payments every quarter
Thus what you pay is less than above
Payment Plan C -	AED	£ Pounds	AED	£ Pounds
Immediate Payment - 4% discount
Due Now	21,024	£3,504	28,704	£4,784
1 month - Rent Starts	189,216	£31,536	258,336	£43,056
Expected rent over 2 Yrs	-40,000	-£6,667	-60,000	-£10,000
Net cost over same 2 yr period	170,240	£28,373	227,040	£37,840
Additional Costs	AED	£ Pounds	AED	£ Pounds
2% Sales Fee paid with first payment	4,380	£730	5,980	£997
2% Transfer Fee to Dubai Government	4,380	£730	5,980	£997
Exchange rate used 6.0. This may vary.

Prices Valid until end of this month

5 Year Financial Forecasts

Dubai prices are “Rock Bottom” and are already showing signs of slight increase at the low end of the market. The forecasts below are for a 1-bedroom purchase. It shows good returns of 8% net every year EVEN if there is no increase in property prices over the next 5 years. If prices increase by 10% per year, as many expect the returns are on average 25% per year. This is why, now is the right time to invest.

These forecasts show the effect of growth on your property value, rental income and costs for a 1-bed apartment of price AED 299,000. It is important to bear in mind that these are approximate forecasts and that in any market property prices can go down as well as up.

Forecast A - This assumes there is NO growth in property values at all over next 5 years from current low positions. With a 1-bed you make a profit of about £15,000 (Studio £11,000)

Forecast B - 5% growth per year
With a 1-bed you make a profit of about £30,000 (Studio £22,000)

Forecast C - 10% Growth per year
With a 1-bed you make a profit of about £49,000 (Studio £35,000)

Most analysts would forecast growth of 5% to 10% per year over next 5 years from current low levels.

The figures also assume a net rental after expenses at 7% of property price. These are figures that have been consistently achieved in percentage terms over the past 5 years in this area.

This is a great investment if you have funds. The annual percentage return on bank savings is only about 1% whereas % return on such a property purchase is between 8% to 25%. Thus if you have funds, it becomes a very good investment.

For full details please download one of the brochures and fill in your email details. You will be sent an email with further details and apartment sizes, locations and pictures.

Financial Summary over 5 Years - 1Bed
Forecast A. NO Property Price Increases
	Property Price	Gross Rental	Net Rental 7%
	AED	AED	AED
Now	299,000	Paid in Plan	Paid in Plan
After 1 Year	299,000	Paid in Plan	Paid in Plan
After 2 Years	299,000	29,900	20,930
After 3 Years	299,000	29,900	20,930
After 4 Years	299,000	29,900	20,930
After 5 Years	299,000
SUMMARY	AED	£
Amount Paid for property over 2 Yrs	-239,000	-£39,833
Transfer fees, Service charges & Costs - 2Yrs	-26,910	-£4,485
Net Rental Income over 3 remaining Years	62,790	£10,465
Sell after 5 Years	299,000	£49,833
Net Profit	95,880	£15,980
Percentage Return over 5 Years	40%
Percentage Return Per Year	8%
Forecast B. 5% Property Price Increase Per Year
	Property Price	Gross Rental	Net Rental 7%
	AED	AED	AED
Now	299,000	Paid in Plan	Paid in Plan
After 1 Year	313,950	Paid in Plan	Paid in Plan
After 2 Years	329,648	32,965	23,075
After 3 Years	346,130	34,613	24,229
After 4 Years	363,436	36,344	25,441
After 5 Years	381,608
SUMMARY	AED	£
Amount Paid for property over 2 Yrs	-239,000	-£39,833
Transfer fees, Service charges & Costs - 2Yrs	-26,910	-£4,485
Net Rental Income over 3 remaining Years	72,745	£12,124
Sell after 5 Years	381,608	£63,601
Net Profit	188,443	£31,407
Percentage Return over 5 Years	79%
Percentage Return Per Year	16%
Forecast C. 10% Property Price Increase Per Year
	Property Price	Gross Rental	Net Rental 7%
	AED	AED	AED
Now	299,000	Paid in Plan	Paid in Plan
After 1 Year	328,900	Paid in Plan	Paid in Plan
After 2 Years	361,790	36,179	25,325
After 3 Years	397,969	39,797	27,858
After 4 Years	437,766	43,777	30,644
After 5 Years	481,542
SUMMARY	AED	£
Amount Paid for property over 2 Yrs	-239,000	-£39,833
Transfer fees, Service charges & Costs - 2Yrs	-26,910	-£4,485
Net Rental Income over 3 remaining Years	83,827	£13,971
Sell after 5 Years	481,542	£80,257
Net Profit	299,459	£49,910
Percentage Return over 5 Years	125%
Percentage Return Per Year	25%

For full details please download one of the brochures and fill in your email details. You will be sent an email with further details and apartment sizes, locations and pictures.