shakh your bootie

kya howa, sunnoo?

Border Reiver

Who?

Border Reiver

Okay, I'll bite. The fact that the OP want to live in one of these areas but doesn't want to move until the facilities are open suggests that demand will increase once there are shops, cafes etc. around- unless she is the only one that thinks like that.

If demand increases and their is finite supply it seems to me that prices are only going to go up.

Now for a lesson in "Garethnomics" to tell me I have got it all wrong and rents will actually go down when more people want to live there.....

expat.brat

Score

expat.brat

it is a very basic thing and has happened to all the developments completed in dubai so far. once you complete facilities, the area becomes more desirable and more people want to move in, leading to higher rents. FACT.

Inselaffen

so there is still hope for International City then!

expat.brat

dont see why there wouldn't be.. facilities + natural organic aroma wafting into your windows from nearby to soothe you to sleep..

IndieG

Not to mention the lovely designs and quality construction

This is the state of the building in the 'Italy cluster' and residents have "been warned to be careful when entering and leaving the building"

Border Reiver

Isn't that just a modern art mural they are painting on the side of the building?

Welivehere

40 - 50 mins in the morning
1hr home in the evening

To be honest it's not that bad a journey....

Blue Cat

if you get a better home out of it, then it is worth it, we would move to Mirdiff but we can't get anything at 120,000.

expat.brat

how are the passport control lines for entering and exiting mirdiff...i hear you can use your egate card now..

MataHari

aarrrggggggghhhhhhhhhhh....I cannot stand it when people make a big song and dance about Mirdif being 'so far away'...it must be scary for them to leave Jumeira...

typical

Only if demand is close to, or exceeds, that finite supply... Demand could jump from 5,000 to 50,000, but if there are 100,000 units of supply, prices ain't going north.

The figures Gareth has quoted comparing demand and supply don't preclude individual bubbles, but they're nevertheless pretty compelling. I've yet to see a credible argument refuting them. *shrug*

Blue Cat

I am going to say - prices won't come down - there you go done, said it, now its on record so let's see what happens in say 6 months time