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Old 18-05-2008, 06:58 PM
New_Investor New_Investor is offline
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Quote:
Originally Posted by LuckyNumber View Post
Good question.

You have the faithful Nakheel followers and the faithful Emaar crowd also....so I'm sure there will be heavy demand for both projects. Bawadi needs infastructure and who better to build it than Emaar - who consistently deliver nearly on time.

On the other hand you have Nakheel who are always late but do good developments that have higher and fastercap incresaes than Emaar. My money will be on Nakheel. Although the new Emaar one does look very interesing and Bawadi will be a spectacular development one day.

Sounds like I am sitting on the fence, two very good and different developments.
Very true, i guess we can compare as follows

Emaar

Advantages:

* Reputable developer
* Delivery on time

Disadvantages:

* Asmara location is far in the desert
* Initial asking prices by Emaar are usually high (leads to limited appreciation)
* Infrastructure yet to be developed.

Nakeel

Advantages:

* Waterfront
* Very accessible from SHK road & near to free zoon and JBL Airport
* Competitive prices (as mentioned on the article - for medium and moderate income individuals)

Disadvantages:

* Nakeel has a history of delay in completion
* Not much of attention for details (international city sewerage problem)
* Poor customer service

This is from my personal point of view (I might be wrong)

Cheers
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