Quote:
Originally Posted by girlinterrupted
I disagree about prices not rising after completion and handover. Name one development where it is true. Springs, Meadows, Greens, JLT, Marina. Greens original price for 1 bed was approx 500k at hand over it touched 700-800k and now it's 1.2 million.
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Discovery garden and international city are the latest examples of it. 6 Months Ago prices were higher than sports city and Jumeirah village south, but now both have over taken mraginally. You can get 1 Bed of 1000 Sq ft for around 1.1 Mil in DG ready to occupy, in SC you can get it on pre launch which means it gonna go well beyond that . 6 months ago DG was at 810 PSF and SC at 675 to 715 PSF for 1 Beds.now DG is at 1100 PSF and DSC / JVS also the same,So whose jump is higher ? ? ?
IC clusters ready are selling for lesser than CBD areas which are many of them still under constrcution....
JLT is selling for around 1400 PSF and DSC JVS IMPZ DSO trying to catch it up , though JLT is just nearing completion, an expert can tell that price rise was not as significant in JLT as it was in DSO DSC COA or IMPZ.
This is based on my personal investigation and I dont claim to be an expert in this field. . . .