Al Raha Gardens

Old Apr 30th 2009, 2:09 pm
  #31  
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Default Re: Al Raha Gardens

Originally Posted by Paul Eric View Post
We are looking at ARG, what do you think the " right " price for a 3-4 bedroom villa should be then?

I am not in a hurry, I am waiting for June-July, but wanted to get an idea from those who currently live or lived there what do you think should I aim for in terms of pricing?

BR,

Paul
I think by then I would be offering as close to 200k as possible. They have more properties than punters and you should be in a good position to strike a deal.
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Old May 1st 2009, 2:01 pm
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Default Re: Al Raha Gardens

Totally depends on how greedy a sh!te your LL is.

I know of someone who moved out last month after the LL refused to renew at same price as last year. That property has now been rented for 30k less.

Another friend moved out three days ago after LL tried on a 9% increase. Searched in vain for a 4 bed three story town house for less than the 240k they paid last year but no one was budging on prices for the moment
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Old May 2nd 2009, 9:31 am
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Default Re: Al Raha Gardens

Just for the purposes of market research, my friends just moved into a phase 2 at Al Raha (I think that's right). It's a 5 bedder with a pool. They're paying 240k. This would have been unheard of 6 months ago, of course. I'm going to wait until 2010 and then look to move to either Dubai or Al Raha.
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Old May 2nd 2009, 10:11 am
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Default Re: Al Raha Gardens

That is a good price - I know someone who is paying Dhs 385000 for a 4 bed without pool. Needless to say they won't be renewing. Prices don't seem to be coming down on AD island yet though but we can hope.
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Old May 2nd 2009, 12:34 pm
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Default Re: Al Raha Gardens

Originally Posted by soukie View Post
That is a good price - I know someone who is paying Dhs 385000 for a 4 bed without pool. Needless to say they won't be renewing. Prices don't seem to be coming down on AD island yet though but we can hope.
that is good, we had the 3 bed townhouse (on 2 floors) and paid 210 for it. I would be looking for 180K for that now at least

our rent in mangrove was increased by 5% this year but its still below market rates so not complaining.

For the size of the ARG complex, the facilities (or lack of) are totally disgracefull. It smacks of greed by Aldar. How can you have community living when there isnt a focal point for anything.
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Old May 2nd 2009, 8:01 pm
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Default Re: Al Raha Gardens

Originally Posted by jamiestarr View Post
Just for the purposes of market research, my friends just moved into a phase 2 at Al Raha (I think that's right). It's a 5 bedder with a pool. They're paying 240k. This would have been unheard of 6 months ago, of course. I'm going to wait until 2010 and then look to move to either Dubai or Al Raha.
5 bed with a pool for 240k??? Are you sure? They're still being advertised at 395k!!?? And that was a drop.....
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Old May 3rd 2009, 7:40 am
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Default Re: Al Raha Gardens

was told the other day that a 3 bed went for 130! from 280 or something like that.
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Old May 3rd 2009, 7:57 am
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Default Re: Al Raha Gardens

Originally Posted by busybee2 View Post
was told the other day that a 3 bed went for 130! from 280 or something like that.
Seriously? A 3 bed went for 130?! Sign me up; oh wait my lease isn't up till November 1!
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Old May 3rd 2009, 8:11 am
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Default Re: Al Raha Gardens

November may work out very well for you if the trend continues. Our lease is up in July. We are very willing to move down the road to Phase 2 for lower rental.
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Old May 3rd 2009, 8:23 am
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Default Re: Al Raha Gardens

130 for a 3 bed??!

It sounds too good to be true
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Old May 3rd 2009, 8:30 am
  #41  
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Default Re: Al Raha Gardens

Originally Posted by busybee2 View Post
was told the other day that a 3 bed went for 130! from 280 or something like that.
Who told ya? Mary Smith
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Old May 3rd 2009, 8:38 am
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Default Re: Al Raha Gardens

Originally Posted by Eva View Post
Who told ya? Mary Smith
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Old May 3rd 2009, 8:50 am
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Default Re: Al Raha Gardens

nope a friend on facebook, but dont know where she found out,but will try to see who the source woz. i did think it was too good to be true, but you just never know, then perhaps we would get back to some reality and rents
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Old May 3rd 2009, 8:59 am
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Default Re: Al Raha Gardens

Originally Posted by busybee2 View Post
nope a friend on facebook, but dont know where she found out,but will try to see who the source woz. i did think it was too good to be true, but you just never know, then perhaps we would get back to some reality and rents

Reality??? 130k isn't reality it's stoopid.
Bizzy2, do you really, really think the local owners would allow that for a start???
Isn't the norm to sit with an empty rather than ridiculously reducing the price i.e DXB?
They see no wisdom in a bird in the hand....

Put your wings over your ears next time ya hear of such.
I would need to see the signed deal;no, in fact I would have to be moved in before I believed that.

If you can show me the Lease, I am happy to retract with apologies
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Old May 3rd 2009, 9:07 am
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Default Re: Al Raha Gardens

Originally Posted by Eva View Post
Reality??? 130k isn't reality it's stoopid.
Bizzy2, do you really, really think the local owners would allow that for a start???
Isn't the norm to sit with an empty rather than ridiculously reducing the price i.e DXB?
They see no wisdom in a bird in the hand....

Put your wings over your ears next time ya hear of such.
I would need to see the signed deal;no, in fact I would have to be moved in before I believed that.

If you can show me the Lease, I am happy to retract with apologies

130k sounds more like a Dubai deal than an AD one and seeing as AD hasn't been hit as badly by the recession I would also be surprised if rents had been reduced to that extent in AD. Would be lovely if it was though!!!
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