53% Gross Return on 40% Paid - 2B Flip Strategy - Read the Description

Type

Apartment

Purpose

Sale

Furnishing

Unfurnished

Updated

7th October 2026

Completion Status

Off-Plan

Payment Plan

54/46

Handover

Q1 2028

Developer

GFH Real Estate

Project Name

California Residences

California Residences — 2BR Flip Strategy

Unit: 1,055 sqft

Purchase Price: AED 1,479,321
Entry Price: AED 1,402/sqft

Payment Plan: 40% during construction + 60% on handover
Handover: Q4 2028

📈 Target Exit: AED 1,700/sqft

Estimated handover value:
1,055 × AED 1,700 = AED 1,793,500

Potential gross profit:
AED 1,793,500 − AED 1,479,321 = AED 314,179

Capital paid before handover:
40% = AED 591,728

Investment Thesis

Enter at AED 1,402/sqft and target AED 1,700/sqft by Q4 2028.
Potential capital appreciation: AED 314K
Gross increase in property value: ~21.2%
Gross return on 40% paid: ~53.1%
Strategy: Buy → build equity → resell before/on handover at a premium.

Posted on: 7th October 2026