Thread Status:
Not open for further replies.

Property syndicates

Discussion in 'Dubai property' started by Gashead, May 4, 2008.

  1. Gashead

    Gashead New Member

    Does anyone have any experiences of property syndicates in Dubai? A group of us are putting together a syndicate and I'd be interested to hear anyones comments on the idea.

    We would probably start with say 10 people buying Dhs. 200,000 shares, buy a property for cash and then take it from there.

    No need for mortgages or interest but it wouldn't be very flexible ie If we buy 2 or 3 properties we can't just sell up one to give someone their profit at a months notice.

    Any comments gratefully accepted.
Thread Status:
Not open for further replies.

Share This Page