Where to invest in dubai?
Hi Everyone,
I am new to this forum and must admit that it’s very useful portal for anyone considering investing abroad.
As you would appreciate, with so much info on the net and in the media it's very difficult to know where and when one should invest in Dubai. such is the dilemma, I am facing.
The reason for my correspondence is to get your opinion on what your views are in terms of where/what particular developments I should consider.
As for what I am looking for and what my expectations are:
1) Looking for 1 bed apartment, preferably off plan, as it’s long term investment that in interested in. However if there are development that are due to be completed in 2009 or round about that time, then yes I would consider those too.
2) I am looking to purchase the property with the view to sell it later on if and when the right opportunity arises. In the interim, rent the property and obtain steady income to cover the mortgage which I am planning to get from UK.
3) As for budget, it’s about 50k – Maximum deposit that I can at present afford is around 15-20%.
Any help in this regard would be really useful.
Cheers
Ahsan
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