18 Burj Dubai Boulevard

[a_ali]

This project is launching on 30th Aug... what do you guys think will be an OP for studio and how good it is for a filp...already got the token (C037) nyways

[Yasir]

Same Question .. What will be the OP .. *Wondering*

Above Market Prices I Guess ..

[cheemz]

Correct me if im wrong, but havent all these similar Burj Boulevard launches had prices between 4000-6000 AED per sq. ft as the OP?
if they pursue the same pricing, take the word FLIP right out of your vocab!

[ht_1]

Originally Posted by cheemz

Correct me if im wrong, but havent all these similar Burj Boulevard launches had prices between 4000-6000 AED per sq. ft as the OP?
if they pursue the same pricing, take the word FLIP right out of your vocab!

Looks like Emaar is no more an investor friendly Developer. I guess they have started targetting the end user segment rather then Flippers.

[Yasir]

Emaar is Investor Friendly but on Long Terms Only .. For Short Term Investors .. Nakheel is the Best ..

[cheemz]

Originally Posted by ht_1

Looks like Emaar is no more an investor friendly Developer. I guess they have started targetting the end user segment rather then Flippers.

Well not to mention their "no selling before 30% paid" regulations as well..
Doesn't stop anyone from selling on MOU, but lets be frank, if OP is approx 5000 PSF, the secondry market demand on that is going to be quite thin!!

[cheemz]

Originally Posted by Yasir

Emaar is Investor Friendly but on Long Terms Only .. For Short Term Investors .. Nakheel is the Best ..

Gets no better than Nakheel for an investor... as long as you know who to pay off

[ht_1]

Originally Posted by cheemz

Well not to mention their "no selling before 30% paid" regulations as well..
Doesn't stop anyone from selling on MOU, but lets be frank, if OP is approx 5000 PSF, the secondry market demand on that is going to be quite thin!!

Hi cheemz,

Ive heard that Emaar also restricts the secondary Seller to pay 70% before transfer to 3rd. At least thats what i gathered from the customer care guy today. Any one having experience on resale with Emaar...

[Yasir]

Till What time is the registration open ??

[cheemz]

Originally Posted by ht_1

Hi cheemz,

Ive heard that Emaar also restricts the secondary Seller to pay 70% before transfer to 3rd. At least thats what i gathered from the customer care guy today. Any one having experience on resale with Emaar...

I can't say i've heard of that rule before. Wouldn't make any logical sense to do such a thing from Emaar's prospective...
First rule of no selling before 30% gives Emaar amazing press in the media as a developer who is curbing the speculatative practices... In fact it does deter many 'quick flip' investors... But to enforce 70% payment before second transfer, would prevent majority of investors from buying.... what would you be left with...? i guess an empty launch on August 30th...
than again, this is Dubai... where investors tend to make irrational decisions not knowing the ass biting which is to come!!