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International city price crash!

Discussion in 'Dubai property' started by dalvir bains, Mar 9, 2009.

  1. dalvir bains

    dalvir bains New Member

    I/CITY prices have crashed!! BIG time... studios 320k , 1 bedrooms 500k :eek:
    I sold my unit 3 months ago ;) , 1 bedroom 720k :D , ..... BUT i can't find ANY investments in the u.k with the same rental returns?? SO....... i have DEAD money now sitting there!! AT LEAST I HAD AN INCOME! :cool: ??
     
  2. anil

    anil New Member

    Why not buy some IC apartments at the now "crashed" prices. The income now must be huge, right?
     
  3. dalvir bains

    dalvir bains New Member

    YES anil, i am already in the process of buying 2 units, a 1 bedroom AND a studio, i'm just waiting untill the owner verifys he has the title deeds.
     
  4. anwar khan

    anwar khan New Member

    Hi dalvir bains, You have been quite lucky sold out your unit for 720k .....Now the prices are down to heel and thts a fantastic time to buy ...How much are you getting a 1 bed and a studio now for please? But then again you have to be careful with your buying bcz next year prices are gonna go back up hopefullyyy this way you are going make double profit ...Good luck man!!!
    Regards
    Anwar...
     
  5. dalvir bains

    dalvir bains New Member

    hello,
    i have already agreed sales of 2 units in I/CITY ( last month! )
     
    Last edited: May 1, 2009
  6. anwar khan

    anwar khan New Member

  7. dr_property

    dr_property New Member

    Hi,

    Congrats...you did the right thing to reinvest than leaving your money idle...
    :):)
     
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