plans to buy a apartment in dubai , but not sure of rental returns
Hello all Freinds,
How are you doing .
Actually i want to buy an Aparment in Dubai which is think is a very good long term Investment . In the Meanwhile my view point is that Since last 3 years and in next 3 years alot of apartments/villas will add to the market which will decrease the rate of rental income per year .
I want to ask the users view.
Do you think giving a good apartment of rent in Dubai can still give 15% per annum approximate Rental Return in Dubai or not .
How about buying something like a hotel room like Marina 101 or Laguna Tower by IFA Properties which will sell as hotel , bec i still feel hotel rooms or apartments which are sold on daily basis can get 15% - 25% per annum returns .
What do you say ?
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