Future of Hotel Appartment in Dubailand

[sgaur]

What will be future of Hotel Appartments in Dubailand? Is this a long term investment to earn rental income or should be disposed off in short period of time?

Will these appartment will fetch a year 20% to 25% of rental income as forecasted by developers or this is just a marketing gimmick of developers?

Thoughts of Gurus in this forum are welcomed.

 

[cansaw]

Property investment was always in the past for the long run - not a month but rather a year or longer - your investment return is much better.
Key factors:
- close to water
- views (IT always sells quicker)
- location (near beach, marina, etc)

Dubai is the TOURISM WORLD for the future - you can go wrong in investing in a hotel apartment

 

[sgaur]

You mean that you can not go wrong in investing or you can really go wrong. Please clarify.

 

[cansaw]

Property investment in UAE is here to stay and I firmly believe in it. So much is planned for the future. Work with trustworthy and reliable people, who keep you posted as to what is happening with your investment.

Through all these years, property investments were like the sea - high tide and low tide, but the sea never runs dry.... People will always buy and sell property and I have experienced it globally for many, many years.

The more you build, the more the people will come and invest and live.