Hi
I am new to the Dubai property market, Am i still getting in at the right time?
I need some understanding on this market
I am looking at investing in Dubai
1st year payments invesment $100 000 to $250 000
My concerns are
Example: Ocean Heights resale from aed 1400 per sqf, from damac today around aed 2500
I would like to get into a investment on pre launch or buy a distress sale at decent value.
Would it make sense to spend $250000 buying something outright or
using it on a distress sale and carry on payments or going into a prelaunch and buying big.
If any private buyers are looking at selling there property purchased on pre launch and looking for a decent profit should contact me
Is there any good pre-launch propertys by reputable agents coming up,
My other concern is that if you find a property from a private person or a unknown agent where can this money be safely transfered .
Normally in other countries this money is first transfered to a attorneys trust account and after the sale it is transferred to the seller.
Please advise
ialaher@freeway.co.za