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Warsan Estate - Premium?

Discussion in 'Dubai property' started by sasherwani, Jul 24, 2008.

  1. sasherwani

    sasherwani Banned

    Whats the premium going on on Warsan Estate townhouses? I have heard it's still stuck at 2% and people aren't showing interest in the project due to the project being expensive and the slower activity during summer.
     
  2. dubai freelancer

    dubai freelancer New Member

    yes average premium is at 2% but mainly its because of the summer slump! its not just warsan but the entire market is very slow moving right now. Maybe things would start changing in August!
     
  3. dubaizone

    dubaizone New Member

    I can get you a warsan for as low as 1% premium, maybe less - depends on how quickly the buyer can confirm. But i agree that by mid August the market should pick up and prices and premiums will start going up again.
     
  4. georgihh

    georgihh New Member

    This is going to be a bad one. 5.3mil for a 3 bedroom townhouse (2500sqft) next to the sewerage plant.
    Common guys if this is the price the rest of the prices should double immediately
    I can expect the prices to freeze for at least two years
     
  5. Thakur

    Thakur New Member

    I think most people are now asking for 3.5% , there is also a big diffrence in op , emaar sold the same units from 4.7 mil in the morning to 6.2 Mil in the evening!!
     
  6. sasherwani

    sasherwani Banned

    Yeah I agree, I was the "first" to purchase a villa at the launch. I secured one at AED 4.7m. Type 3M.

    Anyone interested?
     
  7. iced

    iced New Member

    expensive

    i also have to agree that this is very expensive for an off plan villa when you can get springs completed villas for way less. The developer is palying the flipper here and selling to flippers who cant flip because it is too expensive. someone is going to get burnt
     
  8. georgihh

    georgihh New Member

    Don’t worry guys the villas are not sold out. Emaar will start plying mind games and claim that everything is sold out but I will bet you that 80% is not sold. This project might turn upside down so flip your deposits ASAP even for 0% premium or you can face enormous losses
     
  9. sasherwani

    sasherwani Banned

    Seems like your new to the property market... or are too risk averse to understand how flipping works. Warsan is easily sellable at 2.5% right now why flip at 0%.
     
  10. aafasihi

    aafasihi New Member

    premium now ?

    hey guys anyone knows what the correct premium should be for someone who bought 2nd in the launch with the lowest OP of AEd 4.98 for a type 3E ?
     
  11. sasherwani

    sasherwani Banned

    should be around ...2.5%
     
  12. aafasihi

    aafasihi New Member

    I have one on the best location and bought it at the launch at the lowest original price (2nd person) ... is anyone interested in buying it ? Type 3E.
     
  13. sasherwani

    sasherwani Banned

    Post an ad in gulfnews.. ask for 2.5% premium..you'll be able to sell it..
     
  14. dubaizone

    dubaizone New Member

    Can you get me a buyer ? i dont even want 2.5%, i am happy with 2% or even 1.5%.
     
  15. sasherwani

    sasherwani Banned

    I'll try though I can guarantee a 5% premium only after ramadan.
     
  16. fahdc

    fahdc New Member

    Hi Guys...how are you all doing...what the present market scenario for Warsan Estate....I have one at 5.8 O.P 2E right opposite the shopping mall and next to the mosque size is quite large also.....so any ideas what the present premium and are there any takers?
    Tks
     
  17. Mamsa

    Mamsa New Member

    Warsan 3b/r prime location infront of the community city corner plot OP 5,020,888 @ just 2.5%premium.
     
  18. Mamsa

    Mamsa New Member

    Warsan 3b/r prime location infront of the community centre, corner plot OP 5,020,888 @ just 2.5%premium.
     
  19. georgihh

    georgihh New Member

    Ok I would like to buy OP less 5% .Any offers?
    Hurry up more you wait more you lose.
     
  20. georgihh

    georgihh New Member

    What is the payment schedule?
     
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