Prices might drop as from next month

[DoBuy]

Originally Posted by georgihh

I can buy now for 1450 dhs per sqft in Dubai marina
If you don’t believe me open the newspapers make some phone calls and you will convince yourself
A drop of 20 % is not far away.
I have met some people who bought in DG and they are desperate to sell as enormous AC service charges but they can’t sell due to any buyers or not allowed to sell
On top of that HK and Singapore are places with established markets and population and UAE still they don’t know what to do and how much to charge the pure immigrant.

Anything going for 1450 in the Marina isnt worth buying into like 'Eden Blue',
a development run by crooks.

[georgihh]

Originally Posted by DoBuy

Anything going for 1450 in the Marina isnt worth buying into like 'Eden Blue',
a development run by crooks.

DoBuy – What’s wrong with Eden Gardens not that I am buying just question as so many of those crooks are around town

[DoBuy]

Originally Posted by georgihh

DoBuy – What’s wrong with Eden Gardens not that I am buying just question as so many of those crooks are around town

Read the Eden Blue thread on skyscrapercity and see for yourself.

[defc0nx]

1450 in eden blue? ... how about 1475 in elite residence? dubai marina? ... i have one bedroom , but i would need the offer to be made first thing in the morning , and deal to be closed by afternoon , if you want it. 1475 /sq /ft ... total area is 1136 sq ft. partial sea view. for more info call me 0559322400

[Roshan]

Originally Posted by New_Investor

With all due respect i've red several of your posts and it seems that you are trying to spread a word of prices going down in Dubai market and there's no wonder why since u want to buy in Dubai marina for 1000 AED per SF while the current market price is above 2000 AED per SF (prices are from several market reserches e.g alienah.com) - which means you are looking for 50% decline at least in the market price heh --

I think it's much better for the sake of all the parties of the property market that any articles posted to be neutral in nature to give a realistic view of the curent market condidtion not a personal kind of a view that might (and will Be) biased for personal reasons.

A forum member picked up an apartment in Dubai Marina for Dhs 1400 psf. There are deals for that price.

The top end bldgs are at Dhs 1800 to 2000, no doubt about that.

Regards

Roshan

[mdevotta]

Although recently the slowdown in frequencies of purchase transactions in Dubai has been apparent, thers is no strong reason for the much anticipated price correction. The kind investments along with lifestyle choices offered in Dubai in none like anywhere else in the world now. Just check out the enormity of all their projects..be it disney land,FI racing, tallest tower,biggest mall, man made island,tax free income,metro rail,beautification initiatives(creek) and all proposed parks.iconic buildings etc...etc...etc..in the pipeline,,, Although I still havent yet invested in this History Risen land I sincerely regret that and I am almost through with my first investment in a 2 bedroom appartment this week.

My logic is very simple..Dubai will continue to be an action packed destination for tourists and high net worth investors. If I had all the money in the world and just a couple of days to relax my best pick to have the balance in my activities during the trip would be Dubai.

Please be reminded that I will still not lay all the eggs in the same basket (Dubai Market). However it makes all the sense to me in the world ,,given the progress and future plans I will not hesitate in laying a few eggs in the Boom Town.

As for those trying to flip and make a quick buck probably probably this is time for more research and caution.

[defc0nx]

Originally Posted by Roshan

A forum member picked up an apartment in Dubai Marina for Dhs 1400 psf. There are deals for that price.

The top end bldgs are at Dhs 1800 to 2000, no doubt about that.

Regards

Roshan

Roshan can i please have your phone number or if you could just call me asap at 0559322400