International City Persia Cluster Handing Over

[marklinad]

Anybody know the difference in rental yield between Furnished and unfurnished for 1 beds in Persia.

Also anyone investigated short term rental market and know of any good agents

[wayneis]

I alsoasked about furnished verse unfurnished.

In all cases I was told leave it unfurnished.

The extra yield I was told would be only 3000 to 5000 AED. You then have the expense of repairs and replacement and wear and tear. I do not think it is worth the hassle.

Short term rental is in demand in the established areas of Dubai. Given that the International City is in its infancy and continuing ongoing building combined with lack of shops and facilities It will be some time before short term rental takes off in this district.

Do a goggle search for short term stays in Dubai.The agency I contacted were not interested in International City. If you were thinking along these lines then may be your yield would be better if you accepted a Tennant for only one year.

60,000 AED for a 1 bedroom is a huge leap from the 40,000 AED that was promoted 3 years ago when the project was first marketed.

I still recommend Better Homes They are transparent and accountable, something you will not find in many other agents in Dubai and lacking in the agency I brought my properties from.

[marklinad]

Cheers for the info Wayne

[maryjo]

Well has ANYBODY got their keys to Persia yet? Would love to hear when the first person gets theirs. Cheers.

[blinkybill]

Originally Posted by maryjo

Well has ANYBODY got their keys to Persia yet? Would love to hear when the first person gets theirs. Cheers.

We've been given our key! Water and electricity are connected. (It's a studio in Persia N15).

[laguna33p]

well blinkybill, you have made history, well tell us more.........

[nima]

Hi All

Keys Atlast!! What A Relief After All This Wait For Handover!!!
Got Mine Today From Building Owners And Felt On Top Of The World. Wishing You All A Similar Experience. Best Of Luck And Cheers

[nima]

Originally Posted by blinkybill

We've been given our key! Water and electricity are connected. (It's a studio in Persia N15).

WOW!! GOT A CHANCE TO VIEW PERSIA STUDIO TODAY. MUST SAY VERY NICE AND COMFORTABLE INDEED!!

[jwayne592]

I'm glad to see people are finally getting the long awaitied keys. Could anybody that has finally completed the purchase and got their own studio let the rest of us know exactly what charges they had to pay before they got them and the actual process involved. This would be really helpful to help with budgeting costs for the future. Thanks

[laguna33p]

yes, blinkybill and nima, what are the actual charges and procedure for handover??