Thread: City of Arabia
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  #55  
Old 19-11-2007, 11:12 AM
sgmasey sgmasey is offline
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Join Date: Nov 2007
Posts: 41
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Hi, Chiquita,

My understanding is that there is very little difference between the two, both aparthotels similar in specification, price and completion dates which have slipped approximately 18 months. the latest completion dates are middle of 2009

However, the 20 year leaseback scheme should provide owners with a very reasonable return (annual yield), the sales people will tell you 20 -26%, but I'm working on half of that, there will also be a DLR station closeby.

If you are considering purchasing a unit in either of these towers I would contact MED direct.

Regards

Stuart
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