We’re back with another Exit Tale, and this time, it’s all about SC 235, a spacious one-bedroom apartment in the sleek Windsor Manor complex, located in the heart of Business Bay.
But before we get into the nitty-gritty of the Dubai real estate market, let’s pause for a mini celebration! 🎉
Now, Windsor Manor wasn’t just any property.
This 29-story residential building, completed in 2011, has it all. It offers high-end amenities like a kids’ play area, daycare center, rooftop pool with Burj Khalifa views, and a waterfront location right by the Dubai Canal. Not to mention, it’s surrounded by 5-star hotels, top-tier restaurants, and just minutes from Downtown Dubai’s most iconic attractions.
Let’s dive into why we picked SC 235 and how the investment journey played out!
🏢 Why Windsor Manor?
In January 2023, we spotted this standout unit – a spacious 1,100 sq ft one-bedroom apartment and snapped it up for AED 925,000. Location was key here. Business Bay was booming, especially for short-term rentals, and Windsor Manor was perfectly positioned. Far away enough from the heavy traffic on the front side of Business Bay, it offered easy access to DIFC, Downtown Dubai, and major roads like Al Khail.
What really stood out, though, was the rapid development happening in the area. With luxury buildings like the Lana by Dorchester and the upcoming Jacob & Co building nearby, we knew we were getting in at just the right time, before prices soared.
💰 Your Investment, Your Choice
Fast forward to September 2024, and the market was heating up. News of these premium developments pushed prices higher, and we saw a prime opportunity to exit. Of course, we gave our investors the choice! We noted the capital appreciation we were seeing and suggested they could either lock in their gains now, or hold on for even more potential growth in the future.
Ultimately, the decision was completely up to our investors, and they decided to sell the unit!
🏆 The Big Win
And now for the moment, we’ve all been waiting for! After just 20 months, we exited SC 235 for AED 1.3 million. That’s a capital gain of AED 149,934! With rental income totaling AED 73,593, our investors realized a total return of 21.20%, translating to an annualized return of 12.52%. Pretty impressive, right?
🚀 Key Takeaway
Our SC 235 story once again highlights the power of strategic timing, location, and smart investing in the Dubai real estate market. Here are some key lessons we learned:
- Location is Everything: Windsor Manor’s prime spot in Business Bay, surrounded by luxury developments and with easy access to major hubs, made it a winning investment.
- Size Matters: In an area packed with smaller units, this one-bedroom stood out with its 1,100 sqft of space, making it even more attractive in a market where size is a premium.
- Timing is Key: Our decision to sell after the first jump in prices ensured that our investors locked in a healthy profit even after only 20 months – less than our 5-year recommended holding period.
And that’s a wrap on SC 235 – our 28th exit! More than just a number, each exit highlights the confidence our investors have in us. So, here’s to another win!
Keep an eye on SmartCrowd’s platform for more Dubai real estate opportunities – you never know when your next success story might begin! 😉
DISCLAIMER: Please note that past performance does not guarantee future results. This blog is intended solely for educational purposes and shouldn’t be treated as financial advice. We suggest you always conduct thorough research, perform your own due diligence, and consult with financial advisors to assess any real estate property against your own financial goals.
