Note: The icons are shown against your rank on the forum.
Investor's Advice questions and answers. All your Investor's Advice questions answered by our experts and thousands of other members. Get professional Investor's Advice answers to your questions. Get started by asking a new Investor's Advice question now.
First and foremost you have to keep in mind that Dubai is now a long-term market in terms of investment and your investment will bear fruits over years. The rental yield in Dubai is still pretty good so that a positive.
I would recommend considering areas like Marina, JLT, or Discovery Gardens over DSO simply because of locality, facilities, demand etc.
Regarding future increase in equity in any area, you are looking at not more than 5 to 10% per annum at best, however the highest rise will be seen in highest in-demand areas like Marina, Palm etc. In terms of comparison If Marina is central London then DSO is like Zone 4/5.
Service charges for all properties are required to be paid by landlord and vary from building to building. In Discovery Gardens and other Nakheel owned projects, the service charges tend to be a little high. In Marina the average service charge is not very high and is at about AED 15 - 20 per Sq.ft.
Once again, places like Marina are worth investing in at the moment, DSO and other Intl City should only be considered if your budget doesn't permit you to invest elsewhere. The returns will be slow.
Hope this helps and let me know if you require further assistance.
The question you have asked does not have a simple answer.
There are many nice towers, perhaps most of them in JLT. What you have to see is where the tower is located i.e. close to METRO and also there is usually a traffic problem in JLT during rush hours and some buildings have fewer problems than others. However all in all most buildings are good in terms of buying or renting.
Some nice towers: Seef, Green Lakes, MAG, HDS, Madina Towers and the list goes on.
309 days ago
Name:Faisal Rank:Beginner Total posts:
Name:Zeeshan Khan Rank:Senior Authority Total posts:
Name:Arub Rank:Authority Total posts: