Quote:
Originally Posted by theammer
I have just been offered a distressed sale at 1650 dirhams per sq foot (psf), in the MKO development Links View in Sports City. The studio apartment overlooks the pool and golf course
This looks quite good to me but does anyone have any comments whether positive or negative as to the purchase price psf of 1,650 dirhams and the likely value psf in say 2 to 3 years? Is the development sold out?
Earliest replies would be greatly appreciated.
Many thanks,
Bruce
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There is no distress about that. That price is way too high. With speculators trying to get out, you could probably get deals in the secondaries for Dhs 1200.
Regards
Roshan