Thread Status:
Not open for further replies.

New Investment

Discussion in 'Dubai property' started by iBuy, Sep 7, 2008.

  1. iBuy

    iBuy New Member

    Hello,

    First off, I'm Matt, from Winchester, UK. I have been in the forces for a good few years and have been around places like Cyprus, Gibraltar, USA, Hong Kong and Germany. So, well travelled.

    So, out the army now and have £90,000 to play around with. I'm ideally looking at investing in International City, and, if I'm quick, I might just get in before the prices rise again.

    However, my question is. Is there anywhere else in Dubai which could provide similar returns with the budget?

    I know I have to be quick on this. I'm currently pricing up flights for end of september. I need the money to go somewhere and this seems like the best bet.

    Anyway, if anyone can give me any pointers, I would be very greatful. And, if all goes to plan, Ill post my experiences on here.

    Regards,

    Matt
     
  2. georgihh

    georgihh New Member

    IC is the best buy to let at the moment in the whole UAE.
    Currently you should be able to clear 10% net from the rent per year.
    With 90000k you are between studio and one bedroom and if you add on another 15-20k should be able to buy one bedroom flat. In case of price correction highly expected next year you still get your 10% and virtually can’t lose.
    More likely you should be able to achieve 25 % per year (15% from capital appreciation and 10% from rent). In 3 years you double your money
     
  3. Sohail Nayani

    Sohail Nayani New Member

    Investment

    Dear Matt.

    My name is Sohail working for a real estate company do letme know yhour answer of the following question ...
    1. Do you require residential or commercial ?
    2. Ready to move or under construction ?
    3. your budget is exact 90K pounds or flexible.

    My email address is snayani@pulsedubai.com & do call me on +97156-6052207 for further assistance.

    Take care
    Sohail
     
  4. iBuy

    iBuy New Member

    1. This will be a residential apartment for rent.
    2. It has to be ready, resale apartment.
    3. The budget is £90,000 MAX.

    Matt
     
  5. Sean@Phuket

    Sean@Phuket New Member

    Dubai Apt.

    Hi Matt

    I'm Sean, a British agent for Dubai based in Phuket. I have just passed on the following requirements to my team in Dubai:

    1. This will be a residential apartment for rent.
    2. It has to be ready, resale apartment.
    3. The budget is £90,000 MAX.

    I'l be coming back to you with something nice.

    Thanks & Regards

    Sean
     
  6. Lissa

    Lissa New Member

    Hi Matt!

    I have some nice Int. City apartments available at the moment.

    Send me an e-mail at Agent2 at RL-RE dotcom and I'll send you some info on all the properties I have in your price-range.

    Mel
     
  7. Raymond Kuceli

    Raymond Kuceli New Member

    HI Matt

    We have some stock that willbe launched in the next month and 1/2 in international city phase 3. It will fit your budget but will be off the plan stock.
    Let me know if this is what you are thinking of.

    Regards

    Raymond
     
  8. iBuy

    iBuy New Member

    ^^ Unfortunatly, im looking for a completed building.
     
  9. Raymond Kuceli

    Raymond Kuceli New Member

    If I come with something I will let you know can you email me your details to raymondkuceli@hotmail.com

    All the best and enjoy your visit to dubai September is quiet with Ramadan.

    Regards

    Raymond
     
Loading...
Thread Status:
Not open for further replies.

Share This Page