Rental declines in Dubai - 20% in premier areas
#31
Re: Rental declines in Dubai - 20% in premier areas
I have first hand knowledge my friend, its dropped more than 30% and still dropping!
Plus Nakheel have gone mental and have hired this new anal security setup whose job is nothing more than making problems for everyone at every step (they think it stops the girls from the stans / china from making the rounds which it doesnt) so even the ones living there are fed up
There are atleast 3-4 flats empty per building in that area my friend
but exBo dwenty dwenty will come and everything will be fine, dont worry, come come, sit in my Bintly!
#32
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Joined: Feb 2011
Posts: 0
Re: Rental declines in Dubai - 20% in premier areas
If I was working for them I'd be begging for cash to buy these lists.
#33
Re: Rental declines in Dubai - 20% in premier areas
133k to 130k this year, no further discounting.
tempted to increase the cheques just to spite them
tempted to increase the cheques just to spite them
#35
Re: Rental declines in Dubai - 20% in premier areas
RERA is range is 115-140. RERA is also a cap against increases. Should note that my place is massive and by far the best unit in the (full) building. Others with bad views, and poor layouts etc are around 125k
#36
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Joined: Feb 2011
Posts: 0
Re: Rental declines in Dubai - 20% in premier areas
I like RERA. It taught me to ensure you get the best place in a shitty area instead of living in a shitty place in an expensive area.