Hi,
Depends on if you want to rent it out. I've been quoted 126000 to 132000 AED for my 2 bed. It also depends on how much you paid for it and if your happy with around 130000 to 140000 AED for a quick sale.
I personally think there will be a renters market within five years due to the number of properties being built and it will come down to the location and quality of buildings, and I think JBR scores very highly on both fronts. So when the corrections happen JBR will be less affected than some of the overpriced off plan stuff out in the desert being marketed now.
So to answer your question, I personally would hold for about three years and rent out. The prices will go up and down mainly due to flips but once JBR is established, I'm guessing 165000 to 190000 AED as an average. This is just my personal view and I could be completely wrong but I did do a lot of research before my purchase and chose JBR over apartments on the Palm at the same prices.
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