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Nakheel launches Waterfront district V/S Emaar Launch Asmara

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  #1  
Old 18-05-2008, 06:20 PM
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Post Nakheel launches Waterfront district V/S Emaar Launch Asmara

Dear All,

Following is a link for information of the new launch of nakeel on 25th of may

Nakheel launches sales for Waterfront district - Real Estate - ArabianBusiness.com


Emaar is also launching Asmara on the 20th of May - i guess the war of launching has started . lol

Please discuess all your views about the 2 launches in terms of pricing and prospected capita appreciation from the point of view of developer, location ..etc..

I hope this will help to shed more light for the same.
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Old 18-05-2008, 06:36 PM
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Good question.

You have the faithful Nakheel followers and the faithful Emaar crowd also....so I'm sure there will be heavy demand for both projects. Bawadi needs infastructure and who better to build it than Emaar - who consistently deliver nearly on time.

On the other hand you have Nakheel who are always late but do good developments that have higher and fastercap incresaes than Emaar. My money will be on Nakheel. Although the new Emaar one does look very interesing and Bawadi will be a spectacular development one day.

Sounds like I am sitting on the fence, two very good and different developments.
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Old 18-05-2008, 06:58 PM
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Quote:
Originally Posted by LuckyNumber View Post
Good question.

You have the faithful Nakheel followers and the faithful Emaar crowd also....so I'm sure there will be heavy demand for both projects. Bawadi needs infastructure and who better to build it than Emaar - who consistently deliver nearly on time.

On the other hand you have Nakheel who are always late but do good developments that have higher and fastercap incresaes than Emaar. My money will be on Nakheel. Although the new Emaar one does look very interesing and Bawadi will be a spectacular development one day.

Sounds like I am sitting on the fence, two very good and different developments.
Very true, i guess we can compare as follows

Emaar

Advantages:

* Reputable developer
* Delivery on time

Disadvantages:

* Asmara location is far in the desert
* Initial asking prices by Emaar are usually high (leads to limited appreciation)
* Infrastructure yet to be developed.

Nakeel

Advantages:

* Waterfront
* Very accessible from SHK road & near to free zoon and JBL Airport
* Competitive prices (as mentioned on the article - for medium and moderate income individuals)

Disadvantages:

* Nakeel has a history of delay in completion
* Not much of attention for details (international city sewerage problem)
* Poor customer service

This is from my personal point of view (I might be wrong)

Cheers
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Old 18-05-2008, 07:00 PM
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agree 100%, you couldn't have put it any better!
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Old 18-05-2008, 07:43 PM
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Hi

The launch of Nakheel looks good - any idea if small new comers like me can participate by way of availing finance. The market seems to be always wanting cash. Can anyone explain how to go about for an investment with Nakheel? I have given up my chase on Discovery Gardens as the demand now is for cash.
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Old 18-05-2008, 08:42 PM
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Badrah Here - it's simple
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Old 19-05-2008, 01:14 PM
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Hey any there working with nakheel?
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Aryan
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Old 19-05-2008, 07:36 PM
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Any idea what finance options ara availalbe for Badra?
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Old 19-05-2008, 07:50 PM
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pretty much everyone finances Nakheel. If it is in place or not, that I have no idea
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Old 19-05-2008, 08:50 PM
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Hi guys - Badrah looks good. Any details on the launch and expected price per sq foot. Which companies are providing finance for badrah?? I am keen to participate in the launch.

What is your take on Badrah as an investment option for a 50 % appreciation till completion??

Thanks luckynumber for the link -i seem to be liking this project!
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