Quote:
Originally Posted by khktan
I have just bought a studio in JVS and was hoping to sell it on. However, the market appears a bit slow as compared to DSC. Anyone has any investment there and any thoughts about properties in JVS would be appreciated?
Any thoughts about whether I should sell or hold on and rent the property out?
|
Hello Khktan,
In reply to your questions, I too have (as well as many others) have purchased in Jumeirah Village South. I believe the market is slow simply because the infrastructure for the village is itself still being completed, so no projects have started construction yet. I'm sure that when construction starts, prices will start going up.
With regards to selling, holding or renting your property, my sources in Dubai inform me JVS could provide good stable rental income.
Hope this helps!