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Offices Off Plan

Giorgio
Profile | Rank: Junior | Total Contributions: 22 | Thanked: 1 Time
Offices in Sami Tower in BB, now is difficult to sell off plan properties somebody said me 500,600 AED sq. ft is real?

872 days ago In Market Prices
(1 answer)


Zeeshan Khan
871 days ago


Hi,

You are correct, it is quite difficult to sell any off plan property in the present economic scenario and same is the case with your property.

From what I have seen the going price in Sami Tower almost two months ago was around 900 AED/Sq.ft however it is likely that this has come down. Anyhow, in order to pull a sale quickly you would have to sell it at 10 to 20% below the ongoing price.

600AED might be at the lower end of the range and I believe you should ask for at least 700AED to begin with and take things further from there onwards.

Kind Regards,
Zeeshan Khan
(1 answer)