Dubai Real Estate Investment

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Dubai real estate investment Sep 27, 2008
Hi,

Any ideas where to buy apartment in Dubai as a good investment?

There are ongoing projecs from Emmar, Nakheel, Damac etc.

Where to buy 1 or 2 BR appartment now and expect price increasmenet once appartment is finished?

Thanks

MJ
Dubai Forum User
Posts: 22

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Sep 28, 2008
MJ,

Are you looking for a long term investment?

I have direct propertiesavailable from DAMAC in all over dubai i.e. JLT, Jumeirah Village, IMPZ etc..

whats your budget as this will really help to suggest you a better option.

let me know.
Cyberslam
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Sep 29, 2008
DAMAC are a joke

Dont Anticipate Making A Cent

They have hardly any completed projects.
arniegang
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Sep 29, 2008
^ fair enough - you are entitled to your opinion.

I even have direct properties in D1 Tower, Culture Village - great investment place- below the market price, in Remraam, Townhouses in JV, full floors etc...

Let me know what you are looking for and i will get it for you.
Cyberslam
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Sep 29, 2008
Cyberslam wrote:^ fair enough - you are entitled to your opinion.

I even have direct properties in D1 Tower, Culture Village - great investment place- below the market price, in Remraam, Townhouses in JV, full floors etc...

Let me know what you are looking for and i will get it for you.


These are all on the "to be completed list".

DAMAC are great are starting development but crap at actually building them

:lol:
arniegang
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Sep 29, 2008
like i said you are entitled to your opinion.

arniegang wrote:
Cyberslam wrote:^ fair enough - you are entitled to your opinion.

I even have direct properties in D1 Tower, Culture Village - great investment place- below the market price, in Remraam, Townhouses in JV, full floors etc...

Let me know what you are looking for and i will get it for you.


These are all on the "to be completed list".

DAMAC are great are starting development but crap at actually building them

:lol:
Cyberslam
Dubai Forum User
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Sep 30, 2008
Thanks Chocoholic but I'm not interested in DAMAC. Only Nakheel & Emaar.

Dubai Marina is still the best part to invest, since it will became and it already is the most attractive area and there are still not completed developments. I prefer more Greens/Views/Links (Personally like it more then Marina) but all developments are finished.

Also, these areas people generally prefer more and in case of real estate price crises in the future you will sell them easier then developments from others.
MJ
Dubai Forum User
Posts: 22

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Oct 01, 2008
MJ, are you looking for off-plan property? If you are, i think it will be difficult to find one in Dubai Marina/Greens/Views etc as all the developments are more or less completed... If you are interested, I have some ready to move in properties (Emaar etc..) in Dubai Marina for you to rent them out.

JLT will be a safer and better option, if you are looking for off-plan property.

Let me know of your interest.
Cyberslam
Dubai Forum User
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Oct 17, 2008
arniegang wrote:DAMAC are a joke

Dont Anticipate Making A Cent

They have hardly any completed projects.


Thats quite funny as I met with them before deciding to rent. They actually made my mind up NOT to buy. They are located in the same building as me in Canary Wharf, the chap was explaining net to worth and rental income, but nothing was available until 2010.

End of discussion for me.
seardarren
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Re: Dubai real estate investment Nov 04, 2008
Hi,
At present, we have an upcoming city in New Ajman area, called as Hamidya City on Emirates Road. We have several 1BR apartments for sale at very low rates. The building / flat is equipped with the state of the art facilities such as parking, malls, restaurants, parks etc. Very flexible payment plans. Very low rates and an excellent investment opportunity. Invest less and earn more. For more details, please feel free to contact me on 050-3791394 after 6 PM on weekdays and anytime on Friday or Saturday
pinkey.rajan
Dubai Expat Wannabe
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Nov 07, 2008
Cyberslam wrote:like i said you are entitled to your opinion.

He's not stating an opinion.

How many properties has Damac sold off plan? About 80.
How many have been completed? About 2.
Many developments in Dubai are delayed 6 months to 1 year. But for Damac or Nakheel it's more like 2-3 years.

Look up the Damac Palm Springs development for a typical example.
bonk
Dubai Master of Thread Hijackers
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Nov 13, 2008
bonk wrote:
Cyberslam wrote:like i said you are entitled to your opinion.

He's not stating an opinion.

How many properties has Damac sold off plan? About 80.
How many have been completed? About 2.
Many developments in Dubai are delayed 6 months to 1 year. But for Damac or Nakheel it's more like 2-3 years.

Look up the Damac Palm Springs development for a typical example.


Bonk is totally correct.

But correct me if i am wrong, the only 2 completed Damac developments in the marina are Marina Terrace and The Waves.
arniegang
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