Quote:
Originally Posted by Marni
I spoke to a real estate company who said rentals in Jumeirah Village South will be about 2000 pounds monthly by the time its complete maybe 2009/2010. Is this likely?? any suggestions/thoughts please!
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2000 GBP for what size, pls let us know.
Rents could correct as time progresses with a lot of properties to come into the market.
Pls use the mortgage calculator which is amonst the first 3 posts of the forum. Feed in the price you are paying for the property and the expected rent and that should give you an idea as to how the investment might work out.
Pls visit Sunil's site which gives you a lot of knowledge and tips on property investing. The link is on the mortgage calculator.
Regards
Roshan