ummmm, no official word but I go to IC almost every day and as far as I can see and this is MY OPINION. England could be off by around 2-3 months at the least. Morocco that has looked ready since last December is STILL not handed over so I think England is in queue after that. The building of England have also been painted pinkish peach color and look worse than before.
The only reason England could get more rent is cause of the name BUT the market will be more saturated by then so I doubt it. I have an IC maps with building types and number of buildings and the total is ......... 387 buildings. Only 60 approx have been handed over. Rents starts at 40k studio and 55k 1 bed in China and are now 35k and 48k depending on payment flexibility. So I think and shudder when lets say 260 out of the total buildings are ready.
Now some official words from Tamweel. ONE building (in Persia) has been handed over from all the buildings they sold in their promotion. I can get official word as things develop.
Honest suggestion to owners, if you are ok with finances and want decent rent. Be flexible in checks payments. Offer more than standard 3/4 checks. People all over the world work on monthly rent payable in advance by 1 month. Overseas owners will get residence visa and will open accounts so can trust someone with depositing checks. I can safely say that you will get 40k for studio and 55k for 1 bed even today if you agree to 12 checks. And you stand to benefit as next year even if rental cap is 7% (as it is today) then you get to increase 7% of these higher values on contract renewal.
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