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Jumeirah Village South, rentals 2000 pounds monthly??

Discussion in 'Dubai property' started by Marni, May 31, 2008.

  1. Marni

    Marni New Member

    I spoke to a real estate company who said rentals in Jumeirah Village South will be about 2000 pounds monthly by the time its complete maybe 2009/2010. Is this likely?? any suggestions/thoughts please!
     
  2. mpat

    mpat New Member

    Is it for a villa ? Yes , u can get that much for a villa.
    If it is for a 1 bed, cant be , Its just a marketing gimmick.There will be thousands of units in 10 kilometers radius from JVS ready for letting.and those units will be ready before JVS gets ready,as its developing at a slower rate than IMPZ, DSO , DSC, COA etc etc
    Even if it is for 2 bed,U should not believe that it will be achievable.
     
  3. Marni

    Marni New Member

    thanks mpat. Its for a 1 bed apartment. How much rent do u think a 1 bed aprtment could go for?
     
  4. georgihh

    georgihh New Member

    something between 1000-1200 pounds not furnished or 1300-1500 furnished on a monthly basis
     
  5. Roshan

    Roshan New Member

    2000 GBP for what size, pls let us know.

    Rents could correct as time progresses with a lot of properties to come into the market.

    Pls use the mortgage calculator which is amonst the first 3 posts of the forum. Feed in the price you are paying for the property and the expected rent and that should give you an idea as to how the investment might work out.

    Pls visit Sunil's site which gives you a lot of knowledge and tips on property investing. The link is on the mortgage calculator.

    Regards

    Roshan
     
  6. mpat

    mpat New Member


    Yes , I think what georgihh said is the one that can be achieved ,even after a slight correction also,
     
  7. Wannaberich

    Wannaberich New Member

    Possible if its a villa,although it would only be short term as when oversupply hits this will bring prices down.1 bed appartment?no way.
     
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