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What are the current prices?

Discussion in 'Dubai property' started by renter1, Feb 4, 2009.

  1. renter1

    renter1 New Member

    for the following? I regard these as a decent index for Dubai real estate.

    Springs 4E villa
    Meadows 4-bed villa
    Lakes 3-bed villa
    Arabian Ranches 4-bed villa
    Palm Jumeirah Garden Home
    Palm Jumeirah Signature villa
    Palm Jebel Ali Garden Home
    JLT 1-bed
    Discovery Gardens 1-bed
    International City 1-bed
    Jumeirah Islands 4-bed
  2. sasherwani2

    sasherwani2 New Member

    Realistically speaking, the ideal prices for a serious seller for your properties as of "Feb 5th" should be

    Springs 4E villa AED 1.2m to AED 1.3m
    Arabian Ranches 4-bed villa AED 3.3m to AED 3.5m
    Palm Jumeirah Garden Home (Not many investors are willing to sell this but the recent sales have ranged from AED 4.5m to AED 7m)
    JLT 1-bed (Depends on the developer, anything between AED 600k to 900k)
    Discovery Gardens 1-bed (AED 600k to AED 650k)
    International City 1-bed (AED 500k to AED 580k)
  3. samsaf

    samsaf New Member

    What about Motorcity (Uptown) ?
  4. sasherwani2

    sasherwani2 New Member

    AED 740k for a 1 Bedroom with 1000 sqft area.
  5. wottodo

    wottodo New Member

    And Palm Jebel Ali Garden home???
  6. sasherwani2

    sasherwani2 New Member

    I am not sure. I know someone who put up an ad to sell it for AED 3.9m but hasnt been able to sell it. The BUA was 5050 square feet.
  7. naxal

    naxal New Member

    I had been looking for the Springs mentioned above but as of yet didn't get for
    1.2m but I'm optimistic to get it at that price very soon .If anyone has it ,call
    050-5284238 .
  8. Wannaberich

    Wannaberich New Member

    Springs 4E villa - 400k
    Meadows 4-bed villa - 400k
    Lakes 3-bed villa - 350k
    Arabian Ranches 4-bed villa - 500k
    Palm Jumeirah Garden Home - 800k
    Palm Jumeirah Signature villa -950k
    Palm Jebel Ali Garden Home - 50k
    JLT 1-bed - 200k
    Discovery Gardens 1-bed - 100k(buy 1 get 1 free)
    International City 1-bed - Free
    Jumeirah Islands 4-bed - 350k

    Do u agree Sash?
  9. PropGuy

    PropGuy New Member

    He is willing to swap with another properties?
  10. sasherwani2

    sasherwani2 New Member

    Disagree. The prices I quoted were the most accurate prices as of Feb 5th.
  11. naxal

    naxal New Member

    I dont understand the above .Is it quoted in dollars ................ or somebody teasing somebody ??
  12. Wannaberich

    Wannaberich New Member

    Maybe someone is teasing Sash and being sarcastic.
  13. sasherwani2

    sasherwani2 New Member

    Sash is aware and still awaits entertaining sarcasm.
  14. Wannaberich

    Wannaberich New Member

    Errr,I somehow think Sash WASN'T aware.
  15. sasherwani2

    sasherwani2 New Member

    Yes you are right. I didnt understand you were joking. I actually called all your broker friends to confirm if International City one bedroom apartment is actually for free :) I am so embarrassed now :eek:

    P.S. I am a Sr. Real estate Financial Analyst by profession.
  16. Wannaberich

    Wannaberich New Member

    Really?Which makes your prediction of a Dubai property collapse BEFORE the sub-prime hit even more questionable.
    Thanks for letting me know.
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