Let’s consider a minimum property price of 220.000,00 USD:
- Mortgage terms: 4.5% for 25 years with a 20% down payment.
- Rental income: 5,000 AED (1.365,00 USD).
At the current exchange rate of USD/AED (3.67), renting out such an apartment could earn you: 5,000 AED (1.365,00 USD).
- Monthly mortgage payment: 3,600 AED (980,00 USD).
- Monthly rental profit: 1,400 AED (380,00 USD).
Thus, your profit (at the current rate) can be 1,400 AED (380,00 USD).
If you choose more prestigious options, like in Dubai Hills, rental income could reach 11,000 AED, while the mortgage payment would be 7,000 AED, earning you a profit of 4,000 AED (1.080,00 USD).