Yes, my thoughts entirely about a) not being the only one to buy in that development and b) the rubbish exchange rate. I have fixed forward now for 1 year so at least we can budget and know what we are paying and minimise any more risks.
When we bought in Dubai (we have a studio in Jumeirah Lake Towers) the exchnage rate back in 2003 was 6.3, so by the time it was finished we were getting much more. You win some you lose some I suppose.
We looked at the 1 bed (I think it is a C plan only because the prices quoted looked good, plus we have bought a parking space (as we did in Dubai) as it could just make the place easier to sell. I think Dubai parking is at a premium now.
Really nice to 'talk' to you Wayne. Will 'speak' again soon.
Sue
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