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Good time to buy property?


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Infina
When/where do you guys think is a good time/place to buy property to rent? Do you think there will be an increase in demand soon, or is the wave almost over?
arniegang
The wave has already broken.
rathoras
You mean to say that the appreciation will slow down or will it not happen at all..?
arniegang
i mean it has "peaked", the curve is now on the way down.
MaaaD
maybe for purchase of property it has. but for sure not for the rental market. If you own property in Dubai you can easily rent it out in the matter of days and make a 15% annual return on the price too !
arniegang
I agree Maaad but the rental market will slowly fall back in line.
Dubai Knight
  • arniegang wrote:
    I agree Maaad but the rental market will slowly fall back in line.

I hope so cause it's 'kin expensive right now!
:evil:
Knight
arniegang
yup and i've done a deal for 7000 Dhs a WEEK for mine whilst im not there. :D :D :D :D
Dubai Knight
  • arniegang wrote:
    yup
    and i've done a deal for 7000 Dhs a WEEK for mine whilst im not there.
    :D :D :D :D

You running dog of the Capitalist ideal!!! :shock:
Knight
arniegang
make hay while the sun shines init :D




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