Quote:
Originally Posted by DAYFox
All sold out since end of 2006 -only resale! Last time I checked commercial was around 2000AED per sqfet and Residential was 1800AED. Relatively cheap when you compare what other developers are charging (2500-3500) and again, i have to point out to the location, which is fantastic (right at the entrance, close too metro)! My guess is that prices on completion will be around 2500AED which from my point of view is fair for that area! Rent I am not too sure about it, but 250AED per sqfet seems reasonable and not too much for me!
What do you think Roshan?
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Anything close to the main roads will get occupied first. Don't forget that the buildings inside will get ready but the infra structure will take some time.
Dhs 200 will be a safe guesstimate. Anything above that is a bonus.
I have assumed Dhs 150 psf rent for my books in Business Bay which is again on the conservative side.
Regards
Roshan