eyeC, like you say, in this property game you have to think long-term. The rental agencies in the uK charge 10% (some upto 15%) of annual rent to manage properties, so Exclusive seem only to be charging 4% in dubai. I think the real killer is the maintanance/service charge, thats the biggest overhead. I think the only way forward is for the apartments to be rented out straightaway and on a constant basis. If they remain empty for a while, then one will suffer a great deal of loss. That is why I am planning to handover my keys to an rental agent as soon as I have possession.
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