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market rates for a 2 bed flat in AD

market rates for a 2 bed flat in AD

Old Nov 6th 2008, 6:08 pm
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Default market rates for a 2 bed flat in AD

hi there - i am getting conflicting info in relation to the current market rate for renting a 2 bed flat ( 900 sq ft, 1 guaranteed car parking space )in a brand new development/tower overlooking the corniche/emirates palace in Abu Dhabi.

what do you think would be a 'reasonable' rent amount in this mad market ?! am getting figure thrown at me of 240k to 320k...
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Old Nov 7th 2008, 8:52 am
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Default Re: market rates for a 2 bed flat in AD

Originally Posted by Foxes View Post
hi there - i am getting conflicting info in relation to the current market rate for renting a 2 bed flat ( 900 sq ft, 1 guaranteed car parking space )in a brand new development/tower overlooking the corniche/emirates palace in Abu Dhabi.

what do you think would be a 'reasonable' rent amount in this mad market ?! am getting figure thrown at me of 240k to 320k...
Hi Foxes

I hate to say it but i am thinking more near the 300 mark, crazy....
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Old Nov 7th 2008, 8:25 pm
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Default Re: market rates for a 2 bed flat in AD

Originally Posted by annacarna View Post
Hi Foxes

I hate to say it but i am thinking more near the 300 mark, crazy....

F****** Hell

Are people actually prepared to pay for this, how much do they get paid?

That comes to over £45,000 P/A.
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Old Nov 7th 2008, 8:48 pm
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Default Re: market rates for a 2 bed flat in AD

Originally Posted by annacarna View Post
Hi Foxes

I hate to say it but i am thinking more near the 300 mark, crazy....
mmm i dont know exactly...i just left AD 5 months back to dubai
and it was like one bed room inside the city in a good tower with no parking reserved around 140k
so 2 bed rooms 900sf is quiet tight not that much space) on the cornich with one parking suppose to be maximum 240k ... to be sure more about the market prices ...check in the gulf news so you will have an idea about the rents
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Old Nov 8th 2008, 1:19 pm
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Default Re: market rates for a 2 bed flat in AD

dont believe the rates in the newspaper they are true
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Old Nov 8th 2008, 1:21 pm
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Default Re: market rates for a 2 bed flat in AD

the brand new developments opp emirates palace, are still concrete shells....!
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Old Nov 8th 2008, 4:44 pm
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Default Re: market rates for a 2 bed flat in AD

Originally Posted by Duracell_Bunny View Post
F****** Hell

Are people actually prepared to pay for this, how much do they get paid?

That comes to over £45,000 P/A.
I would imagine the company pays! But how long companies can carry on paying that is the question
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Old Nov 8th 2008, 4:45 pm
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Default Re: market rates for a 2 bed flat in AD

Originally Posted by NoughtyBoy View Post
mmm i dont know exactly...i just left AD 5 months back to dubai
and it was like one bed room inside the city in a good tower with no parking reserved around 140k
so 2 bed rooms 900sf is quiet tight not that much space) on the cornich with one parking suppose to be maximum 240k ... to be sure more about the market prices ...check in the gulf news so you will have an idea about the rents
5 months ago 240 then def now nearer the 300 as i said
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Old Nov 8th 2008, 4:46 pm
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Default Re: market rates for a 2 bed flat in AD

Originally Posted by busybee2 View Post
the brand new developments opp emirates palace, are still concrete shells....!
I wonder how much they will go for
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Old Nov 8th 2008, 4:54 pm
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Default Re: market rates for a 2 bed flat in AD

Originally Posted by annacarna View Post
I wonder how much they will go for
I'm told Etihad Tower is quite well up and on schedule....my invoices seem to say so!!!

400 upwards depending on sq m, frontline view etc.....
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Old Nov 8th 2008, 5:17 pm
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Default Re: market rates for a 2 bed flat in AD

Originally Posted by Eva View Post
I'm told Etihad Tower is quite well up and on schedule....my invoices seem to say so!!!

400 upwards depending on sq m, frontline view etc.....
wow but what a view!
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Old Nov 8th 2008, 5:20 pm
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Default Re: market rates for a 2 bed flat in AD

Originally Posted by annacarna View Post
wow but what a view!
Stunning isn't it.Thought the best was from 24th in ADIA Building over Lulu Island but this sees so all the way down and across.
At a price of course.Ouch!.
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Old Nov 8th 2008, 5:36 pm
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Default Re: market rates for a 2 bed flat in AD

Originally Posted by Eva View Post
Stunning isn't it.Thought the best was from 24th in ADIA Building over Lulu Island but this sees so all the way down and across.
At a price of course.Ouch!.
absolutely at night, really very pretty!
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Old Nov 10th 2008, 5:25 am
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Default Re: market rates for a 2 bed flat in AD

thansk everyone for your views - it is mind boggling the level of rents - seem to be exceeding Dubai prime areas imo...
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