Property in Dubai

Hi, everyone.

Has anyone here recently bought property in Dubai for investment purposes?

I have around $40,000 saved and could afford to spend about $4,000 per month on a property out there (I understand that it's possible to buy property in Dubai by making monthly contributions to the purchase price).

I'd be keen to hear from anyone who has recently bought out there, is contemplating doing so or is generally in the know on the Dubai property market.

Thanks.

[AliRaza]

Originally Posted by solexsasha

Hi, everyone.

Has anyone here recently bought property in Dubai for investment purposes?

I have around $40,000 saved and could afford to spend about $4,000 per month on a property out there (I understand that it's possible to buy property in Dubai by making monthly contributions to the purchase price).

I'd be keen to hear from anyone who has recently bought out there, is contemplating doing so or is generally in the know on the Dubai property market.

Thanks.

I this budget you would be able to buy property in Ajman, other state of U.A.E. not in Dubai. property value in Dubai are far more expensive now.

if you want any suggestions on Ajman property, let me know

[rudeboy]

got a villa in the emaar asmaran phase 2 but the op was 6 million dhs and I am listening to any offers above op. its 3 bedroom townhouse.

[strawberry star]

Originally Posted by solexsasha

Hi, everyone.

Has anyone here recently bought property in Dubai for investment purposes?

I have around $40,000 saved and could afford to spend about $4,000 per month on a property out there (I understand that it's possible to buy property in Dubai by making monthly contributions to the purchase price).

I'd be keen to hear from anyone who has recently bought out there, is contemplating doing so or is generally in the know on the Dubai property market.

Thanks.

Dear solexsasha,

I was just browsing through your post, and thought it might be of your interest. Investing in dubai will return a very good capital on your investment, as you are aware trusting the developer is a majot aspect gto consider, if you would be interested in investing in a project insure you have a good payment plan alongside, the developer being committed to thier progress on development, as you may know of the RERA Account has fallen into place making your funds safe.

[sameer.dada]

Please don't invest in Ajman. Its a flop.
USD 40 K is enough to make initial payment in Dubai. but if you can't find a buyer before your next installment, you would be in trouble.

[Maitam]

One must be prepared for the worst case scenario - which is to take delivery of the property upon completion.

Dubai developers are considering steps to curb speculation. So be very careful about putting your money in if you are thinking of making a quick buck and don't have sufficient resources to take delivery.

[GIF levis_lic]

heyy I am agree with sameer.dada he is correct that its a flop idea don't go with it

otherwise u can do step accordingly

[sameer.dada]

as city scape grows closer, does anyone have any inside info about prices for new launches in dubai and abu dhabi?

which areas in dubai will take off next..? difc, business bay, etc?

[lipsthefish]

Hi ghada, Am youssef working as property consultant for damac properties head office, however if you are intersted to work with us we give heigh commission 5 to 7% during ramadan but basically 3 to 5% if you are intersted we can work togther, we have no villas for sale, while you have..
please contact me on 050 6746718 to discuss more details.

Thanks

[lipsthefish]

Jebel ali is the best for investment.