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Old 19-09-2008, 11:39 AM
PropGuy PropGuy is offline
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Join Date: Jul 2008
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Quote:
Originally Posted by Roshan View Post
In time to come it would probably be City escape instead of cityscape

The flippers could be at it again. Buying before Cityscape and dumping during cityscape for even as less at 3% premium.

3% or more in a few days is not a bad deal

Regards

Roshan
I think that would depend on the location, payment plan, and finance. I've recieved 15% net offer on one of my properties in downtown dubai. I don't know about others, but I'm getting good offers. Don't know what they are planning to do. But I doubt it they would sell that for 3% premium. Could be expecting to make 3 to 5% additional premium during Cityscape.

But one of my buyer is long-term holder. So I suspect he wants to hold the property for renting and wants to buy now incase prices reach 5,000 ps. ft. on average in Downtown Dubai.
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