Real Estate projects in abu dhabi by Royal Gate Property land for hospital and two residential tower abu dhabi. Contact dubai@royalgateproperty.com

1. Residential and clinics Towers - Abu Dhabi Airport Road

3. The property is proposed to be a combination of Commercial at Ground and
First Floors extended over 7, 760.00m2 and 3 Blocks, Blocks A & B reserved
for residential act and Block C as Clinic Building. As well, The developed
Buildings is arranged over 4 basements levels, reserved as cars parking
PROJECT DESCRIPTION
PROJECT : Development of Commercial and Residential Complex.
CUSTOMER NAME: Noor Capital P.S.C
LOCATION: Sector W-68, Plot C-2a Abu Dhabi - U.A.E.

4. {
Basement 1, 2, 3 and 4 for total of 383 cars capacity.

5. Ground Floor:
Includes the Residential blocks main entrance and the Clinic
main entrance, Shops and Services.

6. First Floor:
Serves as Commercial use (Shops).

7. Residential Buildings
1. Block A
Each of the Typical floors consists of (9 Units) 1-Bedroom flats. Total Number of 1-Bedroom flats: (144) Flats
2. Block B
Each of the Typical floors consists of (2 units) 2-Bedroom flats and (2 units) 3-Bedroom flats.
Total Number of 2-Bedroom flats: (32) Flats
Total Number of 3-Bedroom flats: (32) Flats

8. Clinic Building
Each of the typical floors consists of Designed Clinic Units. Total Numbers of 58 nos will be described as follows:
Clinic Type A: Reception and 4 Dector rooms, total of 32 units. Clinic Type B: Reception and 2 Dector rooms, total of 21 units.
Clinic Type C: Rreception and 1 Dector rooms, total of 5 units.
the clinic building is designed to be complied with health authorities requirements.

9. Direct & Indirect Cost
Size and Cost
Floors Area Cost / Sqm Construction Cost
Parking / Basement 16,257 2,926 47,567,982.00
Shopping Area 7,760 3,350 25,996,000.00
Clinic Building 10,352 3,717 38,478,384.00
Residential 1 11,952 3,609 43,134,768.00
Residential 2 11,360 3,609 40,998,240.00
Roof 250 3,208 802,000.00
Total 57,931 196,977,374.00
Total Direct and Indirect Costs
Floors Total Direct Total Indirect Grand Total
Parking / Basement 47,567,982 3,516,389 51,084,371
Shopping Area 25,996,000 1,843,000 27,839,000
Roof 802,000 57,600 859,600
Clinic Building 38,478,384 2,648,559 41,126,943
Residential -1 43,134,768 2,993,378 46,128,146
Residential 2 40,998,240 2,845,112 43,843,352
Total Construction Cost 196,977,374 13,904,039 210,881,413
Cost of land
Total area 4,065
Cost pr sq. Mtr 27,060
Cost of land 110,000,000
Cost/ sq. m (Build Up) 2,640

10. NC Medical Services Portfolio
50% of the Cost of the Land 55,000,000
50% of 30% of Direct & indirect cost of the project 31,632,212
50% of the loan adminstration fees and interest during the construction 7,697,172
Capital of the Portfolio 94,329,383
The Portfolio will pay 55,000,000 to purchase 50% of the land from Noor capital and establishing JV
with Noor Capital. ownership 50:50
NC and the Portfolio will invest AED 63,264,424 (30% of the construction cost) and take a loan of AED
147,616,989 (70% of the construction cost )
Portfolio fees
placement 1% of Capital
Management 1% of NAV
Performance 10% for performance exceed 10% IRR

11. Income Statement
Particulars
Const
Y 1 Const Y2 Const Y3 FYE 1 FYE 2 FYE 3 FYE 4 FYE 5 FYE 6 FYE 7 FYE 8
Gross Profit
Residnetial 1 10,002,260 10,002,260 10,481,457 10,481,457 10,984,615 10,984,615 11,512,930 11,512,930
Gross Profit of
Residential 2 8,017,939 8,017,939 8,398,203 8,398,203 8,797,480 8,797,480 9,216,721 9,216,721
Gross Profit of
Clinic Building 15,581,401 15,909,431 16,704,902 16,704,902 17,540,147 17,540,147 18,417,155 18,417,155
Gross Profit of
Retail 4,923,133 5,196,641 5,456,473 5,456,473 5,729,296 5,729,296 6,015,761 6,015,761
selling of the
Buildings 0 451,625,674
Total Gross Profit 0 0 0 38,524,733 39,126,270 41,041,035 41,041,035 43,051,539 43,051,539 45,162,567 496,788,242
Cost of Funds 0 (5,799,239) (8,118,934) (8,118,934) (7,104,068) (6,089,201) (5,074,334) (4,059,467) (3,044,600) (2,029,734) (1,014,867)
Depreciation 30
years 0 0 0 (7,029,380) (7,029,380) (7,029,380) (7,029,380) (7,029,380) (7,029,380) (7,029,380) (7,029,380)
selling of the
buildings (264,646,369.31)
Profit
Net Profit 0 (5,799,239) (8,118,934) 23,376,418 24,992,822 27,922,454 28,937,321 31,962,691 32,977,558 36,103,453 224,097,625

12. Cash flow
Particulars
Constr
Y1
Constr
Y2
Constr
Y3 FYE 1 FYE 2 FYE 3 FYE 4 FYE 5 FYE 6 FYE 7 FYE 8
Invested 174,740,593 5,799,238 8,118,935 0
Cash Flow
From Loan 0 105,440,707 42,176,282
Construction &
Land Cost 174,740,593 105,440,706 42,176,282
All
Gross Profit
Residnetial 1 10,002,260 10,002,260 10,481,457 10,481,457 10,984,615 10,984,615 11,512,930 11,512,930
Gross Profit of
Residential 2 8,017,939 8,017,939 8,398,203 8,398,203 8,797,480 8,797,480 9,216,721 9,216,721
Gross Profit of
Clinic Building 15,581,401 15,909,431 16,704,902 16,704,902 17,540,147 17,540,147 18,417,155 18,417,155
Gross Profit of
Retail 4,923,133 5,196,641 5,456,473 5,456,473 5,729,296 5,729,296 6,015,761 6,015,761
selling the
buildings 451,625,674
Total Cash
Flow from
revenues 38,524,733 39,126,270 41,041,035 41,041,035 43,051,539 43,051,539 45,162,567 496,788,242
Cost of Funds 0 (5,799,239) (8,118,934) (26,571,058) (25,556,191) (24,541,324) (23,526,458) (22,511,591) (21,496,724) (20,481,857) (19,466,990)
Net Cash
Flow 0 (0) (0) 11,953,675 13,570,078 16,499,711 17,514,577 20,539,948 21,554,815 24,680,710 477,321,251