Back to basics

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georgihh

New Member
The reality has come back to Dubai. All of us instead of losing money and becoming defaulter can still make money, good money. Now is time to rent not to sell

Example
Studio IC 420K
Rent
First year 55000
Second year 50000
Third year 45000
Total 150000 or 35 % interest for 3 years.
That’s 10 % per year
The interest from the annual rents will cover the service charges
After 3 years the prices will stabilize or go up slightly so you can score on the initial investment of 420k

As you can see from the example buying ready property gives you some security opposed to buying off plan and waiting for somebody to decide on your investment.

Conclusion:
You can still make money in Dubai


If somebody has better idea please advise.
 
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MASHH

New Member
Dubai will always be a good place to invest in, wait till thing stabiliza and everyone will be running here to invest and make money...real estate will always be the number one long term secure investment
 
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