Liquidity Squeeze/ Rent
Oct 17th 2019, 11:13 am
#32
Lost in BE Cyberspace
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Joined: Aug 2009
Location: Disneyland, Dubai
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Oct 18th 2019, 5:16 am
#33
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Location: Abu Dhabi via Barcelona
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Oct 20th 2019, 7:46 am
#34
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Joined: Jul 2008
Location: Dubai
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Re: Liquidity Squeeze/ Rent
hello folks...long time, i know....just figured i'd leave my 2 fils worth 
i just recently moved (10th time in the 12 yrs i've been here!) can't say i paid much less that what i've previously paid...just paid 100k for a 1 bed in the marina.
i just recently moved (10th time in the 12 yrs i've been here!) can't say i paid much less that what i've previously paid...just paid 100k for a 1 bed in the marina.
Oct 20th 2019, 7:50 am
#35
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Joined: Jan 2011
Location: Dubai
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Re: Liquidity Squeeze/ Rent
You must be the only one who has moved recently who hasn't got a decent drop!
Oct 21st 2019, 2:50 pm
#38
Wannabe Cycling God
Joined: Jul 2009
Location: West Kensington, Dubai
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Oct 22nd 2019, 4:58 am
#39
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Re: Liquidity Squeeze/ Rent
Oct 22nd 2019, 5:11 am
#40
Wannabe Cycling God
Joined: Jul 2009
Location: West Kensington, Dubai
Posts: 1,157
Re: Liquidity Squeeze/ Rent
ouch - that hurt lol[/QUOTE]
Sorry. It really is a buyers market out there and you have to push until people weep to get the very best prices.
Sorry. It really is a buyers market out there and you have to push until people weep to get the very best prices.
Oct 22nd 2019, 4:26 pm
#41
Forum Regular
Joined: Jul 2008
Location: Bur Dubai
Posts: 291
Re: Liquidity Squeeze/ Rent
I moved into a brand new building last year (a 1 bed in Barsha 1 - nice building) - had a renewal letter come through the other week stating that the rent will be staying the same (it's managed by Betterhomes if that makes a difference).
Sent a reply highlighting the current market trend for rent, gave examples of other buildings nearby being cheaper, better quality buildings being cheaper blah bah blah - they're not going to budge. Even told them that in the building next door which is opening I can get a 2 bed cheaper than they're charging me for a 1 bed!
Some landlords just won't budge. I'm paying 72.5k.
Looks like I'm going to be moving. At least this year I haven't had to go to RERA (like the last 5 years).
Sent a reply highlighting the current market trend for rent, gave examples of other buildings nearby being cheaper, better quality buildings being cheaper blah bah blah - they're not going to budge. Even told them that in the building next door which is opening I can get a 2 bed cheaper than they're charging me for a 1 bed!
Some landlords just won't budge. I'm paying 72.5k.
Looks like I'm going to be moving. At least this year I haven't had to go to RERA (like the last 5 years).
Oct 22nd 2019, 5:32 pm
#42
Forum Regular
Joined: Sep 2018
Posts: 96
Re: Liquidity Squeeze/ Rent
Just signed up to a hotel apartment in business bay. 1 bed 5 star hotel for 90k all bills included.
Oct 27th 2019, 8:18 am
#43
Account Closed
Joined: Feb 2011
Posts: 0
Re: Liquidity Squeeze/ Rent
Truth hurts buddy.
We're going to be moving when our contract is up. I was woken up by the family opposite doing Diwali things at midnight with their 3 year old. Also, coming home to find incense and candles burning in the lift lobby is just barmy.
We're going to be moving when our contract is up. I was woken up by the family opposite doing Diwali things at midnight with their 3 year old. Also, coming home to find incense and candles burning in the lift lobby is just barmy.
Oct 27th 2019, 9:27 am
#44
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Joined: Mar 2018
Location: Dubai
Posts: 376
Re: Liquidity Squeeze/ Rent
In my office building, two candles burning right next the carpet. They arent tealights and are hanging over the side close to the carpet
