IC is the cheapest place to live in dubai and the rents are going up due to the satwa effect. Prices may continue to increase from these inflated prices but once Ajman comes online in a couple of years these rents and prices should fall.
These are really high prices for basic accomodation which a lot of people cant afford along with other living expenses and short term look to continue up.
Once prices start to correct in dubai IC will probably be low risk due to the fact that it is the cheapest place.
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