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ution Completion Status Apartment under consideration Similar apartment sold recently (AED) (AED) 1.350 sf 1.200 sf Square feet 120.000 Gross potential annual rental income Estimated

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ution Completion Status Apartment under consideration Similar apartment sold recently (AED) (AED) 1.350 sf 1.200 sf Square feet 120.000 Gross potential annual rental income Estimated vacancy and collection 5%6 losses 8,000 Insurance 6,000 Utilities 22.000 Repairs and Maintenance 87.000 Net Operating Income Property Price ? 1,740,000 Questions: 1- Find the value of the property under consideration using the income capitalization approach. 2- What is the value of the property unu consideration using the market approach? feel acer Wacom

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