Quote:
Originally Posted by Ameer
Yes, I do agree with georgihh.
Eventually the reurn on the rental will decrease or stabilize because of capital gain. That is the prices of the appartments in IC will increase further. This I believe has already occured with, for instance, villas in Dubai where (annual rental/sale price) has decreased. The prices in IC are still relatively speaking very low and can only go up.
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Thanks Ameer for understanding the property market in Dubai.
Since my last post the prices are gone up by at least 5%