Quote:
Originally Posted by DoBuy
How do you know that?No-one seems to have figures for how many people are moving to Dubai.There are alot of properties empty looking for tenants.
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The demand dictates the market (rental).
Ok some buildings are empty in Dubai marina or JBR but not many can afford to pay 120000 DHS for one bedroom.
Look at International city – 50000 people moved in last year and the place is almost fully occupied
Now they are going to demolish Satwa – Where the people will go – Nowhere
Or they will pay double rent?
I think they will pay double rent
Have you bought in Dubai?
How many land registrations have you done % from your purchase.
This is going to be the new movement in Dubai no land registration – no resale or cant even rent out
In this case 80% of the properties are not real.