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Old 23-07-2008, 04:34 PM
McVelvet McVelvet is offline
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Join Date: May 2008
Posts: 43
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I doubt you will be able to resell in 6 months - the amount of development going on in Ajman means the market for reselling will be a little flooded and only well positioned and high quality developments will have a resale value. You can always find a cheaper option, but their is usually a reason. I was more concerned about the value than the price.

I am hoping to flip in about 8 months to a year, and am waiting to see what is happening with the rental cap in Dubai. The bonus of my studio is it's on the 25th floor, which is a winner...what floor is your offer on in the cheap one? It matters!

Also, I personally think that a development must have something that makes it stand out from the crowd and there are so many being built at the moment - the lake at Lake Signature just makes it in my opinion and makes it that much more appealing when reselling
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