Thread Status:
Not open for further replies.

Dubai Property Prices Down except for Dubailand, Dubai Sports City and JV

Discussion in 'Dubai property' started by white knuckles, Feb 12, 2009.

  1. white knuckles

    white knuckles New Member


    Dubai Property Prices Down a Quarter Since Peak

    _from choices dot co dot uk and ameinfo
     
  2. PropGuy

    PropGuy New Member

    in those places prices were cheap around dhs 1,000 to 1,400 psf. In other places for example, BD, prices went up to dhs 4,500 psf.
     
  3. sally_hsu

    sally_hsu New Member

    As properties aimed at low-income customers have also dropped in price, only projects at Dubailand, Dubai Sports City and Jumeirah Village have been able to maintain their prices.

    Dubailand? I am so surprised. some of the projects cost over Dhs 2000 per sqf. why can they still maintain the price?
     
  4. Wannaberich

    Wannaberich New Member

    Every area has suffered from a drop in prices.Dubailand etc included.
     
  5. white knuckles

    white knuckles New Member

    That is what I thought too, I suppose much depends on how they complie their price estimates. I think in those areas developers are still advertising at relatively high prices to maintain a positive price outlook.
     
  6. georgihh

    georgihh New Member

    What I understand from the article is that the prices at the exhibition will be 25% less from the peak and some project like SC, Dubai land will not be discounted.
    You should be able to get at least 25% more discount on the advertised projects – good luck
     
Loading...
Thread Status:
Not open for further replies.

Share This Page