Thread Status:
Not open for further replies.

Deyaar DSO

Discussion in 'Dubai property' started by jennie1, Apr 6, 2008.

  1. jennie1

    jennie1 New Member

    Hi,

    Just wondering if you bought this today?

    I heard the first two buidlings sold out before lunch and so they were going to release the third early.

    Cheers

    Jen
     
  2. Wannaberich

    Wannaberich New Member

    I just read somewhere the asking price is around 1300 sq ft.If thats right then I'm amazed.I know the payment plan is very good,u pay 80% on completion,but still this is DSO not the marina.
     
  3. jennie1

    jennie1 New Member

    it was 1240 psqft. And it sold like hot cakes!!
     
  4. Wannaberich

    Wannaberich New Member

    I'm amazed.Can only put it down to the payment plan.I dont think u would buy this to make money.Only if u intend to live there yourself.
    I've got a couple of units at DSO so hopefully this will help push the price up.Are u buying here?
     
  5. Wannaberich

    Wannaberich New Member

    Jun222 I dont think your prices are that good either.I have a completed unit at DSO which is worth around 1000sq ft.Yours have a long way to go.
     
  6. Roshan

    Roshan New Member

    Very good developer.

    Great payment terms : 20% during construction and 80% on completion.

    Price Dhs 1200 psf. Dhs 100 more than the prevailing rate.

    A beautiful project in short.

    Conclusion : I wish I had the money to put down.

    Regards

    Roshan
     
  7. Wannaberich

    Wannaberich New Member

    Roshan do u work for Deeyar?u must do if u think 1240 for a just started project at DSO is a good buy.
     
  8. Roshan

    Roshan New Member

    Rightly said. Deeyar is one of the best developers in Dubai. You are right, the project was targetted to end users.

    With a payment plan like that, you are definitely bound to make money but not like before.

    Regards

    Roshan
     
  9. Wannaberich

    Wannaberich New Member

    At 1240 u won't make money.
     
  10. Roshan

    Roshan New Member

    It depends how short is short. If you are willing to hold, a developer like Deeyar should do well.
     
  11. jennie1

    jennie1 New Member

    I see that this project is now 100% sold out and apartments are now on the secondary market for 1350Dhs psqft
     
  12. Wannaberich

    Wannaberich New Member

    I read that Axis Residence II is being launched on the 16th for 1400/1500 per sq ft.If thats right then thats even more crazy than this one.
     
  13. jennie1

    jennie1 New Member

    WOW that's crazy if it is true. But like you said Dobuy, it is good news for people holding property there!

    Will be interesting to see if any of the Deyaar stuff on the secondary market actually shifts at that price.
     
  14. Wannaberich

    Wannaberich New Member

    Not sure if high prices from other projects will drag other prices up by that much.My unit is in the only finished building in DSO yet most are selling for around 1000/1050.
    The easy payment plan with these two make it more expensive.
    For 1500 sq ft I'd be looking at the Marina not DSO.However,as with Deyaars project which is sold out,I expect Axis II(apparantly there will be Axis 1-8 in total!)will sell out.Crazy.
     
  15. jennie1

    jennie1 New Member

    Obviously investors have faith that this is going to be a great area
     
  16. jennie1

    jennie1 New Member

    Just checked the Deyaar DSO buildings are now selling at a 5-6% premium
     
  17. Wannaberich

    Wannaberich New Member

    Any idea how Axis II went last week?
     
  18. Roshan

    Roshan New Member

    The investor would get the premium purely on the payment plan of 20-80.

    Rgds

    Roshan
     
  19. Wannaberich

    Wannaberich New Member

    Do you mean that the payment plan is the only selling point here?if so I agree.
    These kind of projects with these prices are surely no-good for investors but only end users?
     
  20. mpat

    mpat New Member

    Do buy
    that s good observation.I agree with you that this type of payment plan is good for end users...
    Bye
     
Loading...
Thread Status:
Not open for further replies.

Share This Page