Open Tashkent · Sergeli district

Sergeli Eight Apartments

Dividend yield, est.
7.1%
Appreciation, est.
11.0%
Total return, est.
18.1%
Minimum
UZS 1,000,000
Hold period
5 years
Closes
Nov 19, 2026

About the property

Eight two-room flats in a new complex by Sergeli metro station: affordable rentals for young families.

64 m² flats in a 2024 building, renovated with basic furniture. We buy the block from the developer at 11% below market.

Sergeli is growing faster than any other district of the capital: a new metro line, schools and a mall opened in the last two years. Flats like these let within one to two weeks.

Area
512 m²
Rooms
16
Built
2024
Occupancy
93%
Monthly rent rate
UZS 41,600,000

Why we chose it

  • Block bought 11% below market
  • Eight tenants for steady income
  • Highest growth estimate on the platform

Where the money goes

Purchase price
UZS 3,600,000,000
Renovation and furnishing
UZS 160,000,000
Operating reserve
UZS 60,000,000
Sourcing and closing (UYM)
UZS 108,000,000
Registration, notary, appraisal
UZS 30,000,000
Total raise
UZS 3,958,000,000
Minimum raise
UZS 2,374,800,000

Annual income and costs

Rental income
UZS 464,256,000
Property management
−UZS 37,140,480
Maintenance
−UZS 22,000,000
Taxes: property 1.5%, profit 15%
−UZS 103,427,328
UYM administration fee
−UZS 21,600,000
Paid to investors
UZS 280,088,192

UYM fees

Sourcing feeOne-off, already inside the raise
3.0%
AdministrationPer year of property value, taken from rent
0.6%
Property managerOf rental income
8.0%
DispositionOf the sale price, at exit
2.0%
Secondary marketPaid by the seller
1.0%

Risks of this property

  • Many new builds nearby compete for tenants
  • Higher tenant turnover than in premium homes

Offering documents

Property company: ООО «UYM Sergeli Eight Apartments»