Hi Faisal,

Welcome to the forum.

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.

Regards,
Zeeshan Khan

Hi

could you please advice on the price as stated in my questions above for the studio at 270k.

also what is the rent in cordoba palace for a studio?

thanks

Hi Faisal,

According to Bayut stats, you can get a studio apartment in Cordoba Palace within your budget. Following is the link of a studio apartment for you to start your search.

Studio Apartment in Cordoba Palace

Hope it helps you.

Regards,
Arub!

Hi Faisal,

You can also try the real time market price tool to find the average price of a studio apartment in Cordoba.

Currently the average listed sale price on Bayut is: AED 236,300 and the approx rental is AED 25K

Regards,
Zeeshan Khan

Thank you for ur help.

just 1 more question....in case of decideng to invest in JLT - which tower is the most adviced ased on future equity and rental prospects.

thanks

Hi,

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.

Regards,
Zeeshan Khan