Whats the right price for studio in jumeriah village?

[rudeboy]

hmmm rightchoice thats a risk which i cant take :P. but found out that the next payment is in september so can probably hold on to it by september if I have to. but I think I will go for this. got a good vibe coming out of this .

[wisam]

rudeboy.. could you please let me know if interested in selling the studio and at what price .. and when is't going to be completed.. mail me any info

wis88 at hotmail dot com

[snakyy21]

Originally Posted by rudeboy

yep it is 880dhs.

well am sure he can sell it for more then that. but since he knew i was looking for something he thought he would ask me and give it to me at a cheap price. hes already making 100,000dhs since he picked it up for 700 dhs per sq ft.

How much do you think I should sell it on for? I dont want to be greedy or anything like everyone else and sell it for 1000 sq ft. But I thought maybe I could buy it pay the 2% transfer fee and sell it for less then 1000 sq ft and just make quick 20,000 to 40,000dhs. What do you think?

Let me know if you want to sell it. I would need to understand what funding option I could hope for.

[raheelm]

Hi All

Thanks for the posts and valuable information.

I have a prop also in Lawns 1 OP 800 sqft.

I know the developer is a nice one but am afraid in the current situation projects will be delayed. So was wondering should I sell this or hold on.

What are your suggestions.

Thanks and Regards
Khan

[georgihh]

Bargain Sale in JVS
1 Bedroom 820 Sq.Ft Large terrace Garden view .Only 631,400 AED
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[raheelm]

if you do you have someone for my apt. let me know

[Roshan]

Originally Posted by rudeboy

guys can someone tell me how much should i be paying per sq ft for a studio in jumeriah village, in the Lawns 3 by Dheeraj East Coast

Find out when the next installment is due. Investors tend to get a bit nervous as they draw close to the next installment.

I feel you should just throw a price for Dhs 750 psf. Remember JVS will take awfully long to come into the market. The seller is pretty much aware of it, i think you should take advantage of that.

Regards

Roshan

[eyeC]

before buying check the project site and see if the project is fenced and ready for construction activity, sign of offices, ,etc

and based on above you can price your risk

otherwise how cheap is a non starting off plan project your money will be given to unknown person (developer) for safe keeping and its very risky , even banks are going under


consider this all building materials are at discount prices from last year,second with many jobs being lost in the market people will soon start working for less and less just to survive

and machinery rent prices is down too since nt too many projects to go round

so we have the 3Ms =material+manpower+ machinery all down which makes constructing the same project cheaper therefore even if owners are selling at zero premium off plan property is not enough


prices should be a lot lower for off plan property first for costs of construction is down and second high risk with the new developers (some with no experience)and financial issues of banks


all these issues were not accounted for when people bought and developers kept increasing and increasing their profits and people kept buying

people bought and sold off plan as if it was ready now property and thats why when some was delivered to the market it came down in price so we had ready property valued cheaper than some off plan properties in the same area which is not right not logical


so now we are on the right track ready will be valued higher because you not discounting for risk....developers risk

regards

[Ayyan]

jv will not be ready by 2015

and if the lawns just happens to get ready sonner

u will be living in a building site