PRP-1002 · Penthouse
Open for subscription
Palm Vista Penthouse 3301
Palm Jumeirah
AED 1,000
Per token
AED 8.9m
Valuation
4.4%
Net yield
6.2%
Gross yield
3,900
Tokens available
2
Holders
About this asset
Penthouse in Palm Jumeirah
Duplex penthouse with private terrace and sea views, let to a corporate tenant on a two-year lease with annual escalation.
- Holding vehicle
- Royex SPV 1002 FZCO
- Title deed
- TD-2026/179782
- Approval ref
- ARVA-26-6081
- Token contract
- 0xb6a05f8d04b1f0d70685ba8c2fe928e51cb05f6e
- Compliance registry
- 0xbd2e79563a3c0ae034e22f08f599bd3d7ab5a203
- Total fractions
- 8,900
- Monthly rent
- AED 46,000
- Income per token
- AED 5.1685 / month
Subscription progress
Supply is capped at the fraction count and cannot be exceeded
5,000 of 8,900 tokens allocated
56% subscribed
Operating statement
Year one, on current assumptions — gross rent through to what reaches a holder
| Gross annual rent | 552,000 |
| Less vacancy allowance (5%) | (27,600) |
| Collected rent | 524,400 |
| Less service charges (AED 22/sq ft × 3,150 sq ft) | (69,300) |
| Less management fee (8%) | (41,952) |
| Less platform fee (1.5%) | (7,866) |
| Less insurance | (9,800) |
| Net operating income | 395,482 |
- Net yield
- 4.44% (gross 6.20%)
- Net per token
- AED 3.7030 per month
- On 100 tokens
- AED 370.30 per month
Five-year illustration
Assumes 3% rent growth and 4% capital appreciation annually — not a forecast
| Year | Gross rent | Costs | Net income | Per token | Cumulative | Capital value | Yield on cost |
|---|---|---|---|---|---|---|---|
| Year 1 | 552,000 | (128,918) | 395,482 | 44.44 | 395,482 | 8,900,000 | 4.44% |
| Year 2 | 568,560 | (132,786) | 407,346 | 45.77 | 802,828 | 9,256,000 | 4.58% |
| Year 3 | 585,617 | (136,769) | 419,567 | 47.14 | 1,222,395 | 9,626,240 | 4.71% |
| Year 4 | 603,185 | (140,872) | 432,154 | 48.56 | 1,654,549 | 10,011,290 | 4.86% |
| Year 5 | 621,281 | (145,098) | 445,118 | 50.01 | 2,099,668 | 10,411,741 | 5.00% |
All figures in AED.
Offer documents
Generated from the asset record, so the documents and the offering cannot drift apart
Token offering whitepaper Structure, use of proceeds, income, transfer restrictions, exit |
Open |
Key risks and disclosures Nine principal risks stated against this asset's own numbers |
Open |
Holding structure summary SPV, title, contract, registry, and how the three records relate |
Open |
Financial summary Operating statement and five-year illustration as a spreadsheet |
Download CSV |
Secondary market
Offers from existing holders. Every transfer is re-checked against the compliance registry at execution.
| Order | Seller | Tokens | Price | vs issue | Value | Action |
|---|---|---|---|---|---|---|
| ORD-597165 | Aisha Rahman | 90 | 1,060.00 | +6.0% | 95,400.00 |