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Re: Liquidity Squeeze/ Rent
Originally Posted by Scamp
(Post 12749077)
Interesting. The apartments at Meydan look alright too, some much nicer but don't seem to be bad.
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Re: Liquidity Squeeze/ Rent
Originally Posted by Scamp
(Post 12748601)
That's a very good deal. Some friends just did similar at Damac Hills, but 3bed 130k.
90k in Mira is good but do you not feel a long way out? We've always lived here and it's so convenient for work (I walk) and downtown etc.
Originally Posted by Millhouse
(Post 12748640)
Although that's a great deal. You could afford a driver cum cleaner and still be on top. ;)
As for location, it suits me and the Mrs down to the ground. I'm on site in Masafi at the moment so I'm straight onto the E611 with no traffic in either direction, so its 1hr each way which is epic. From the start of next year I'll be in a similar area on the mountain section of Etihad Rail so that's all good too. Going to the office at the top of SZR ain't the best but I'm hardly there these days and was in Mirdif before, so not too much of a difference. The Mrs works at the Autodrome so for her its perfect too. |
Re: Liquidity Squeeze/ Rent
Originally Posted by Mr Cenary
(Post 12748800)
It also means you live alone and clearly don’t earn much. Perhaps not unconnected to the fact that you’re on this board 24/7. |
Re: Liquidity Squeeze/ Rent
Originally Posted by Millhouse
(Post 12749109)
I've not been inside them but they seem too remote for apartment life. I really loved my canal flat in business bay with everything so near.
Originally Posted by jam25mack
(Post 12749115)
Scamp - its Mira Oasis, so across the road from Mira, the ones currently being released.
As for location, it suits me and the Mrs down to the ground. I'm on site in Masafi at the moment so I'm straight onto the E611 with no traffic in either direction, so its 1hr each way which is epic. From the start of next year I'll be in a similar area on the mountain section of Etihad Rail so that's all good too. Going to the office at the top of SZR ain't the best but I'm hardly there these days and was in Mirdif before, so not too much of a difference. The Mrs works at the Autodrome so for her its perfect too. |
Re: Liquidity Squeeze/ Rent
Originally Posted by Scamp
(Post 12748601)
That's a very good deal. Some friends just did similar at Damac Hills, but 3bed 130k.
90k in Mira is good but do you not feel a long way out? We've always lived here and it's so convenient for work (I walk) and downtown etc. |
Re: Liquidity Squeeze/ Rent
Originally Posted by csdf
(Post 12749201)
Cries in Abu Dhabi...you guys have ridiculously good rents.
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Re: Liquidity Squeeze/ Rent
Still plenty of opportunities to get cheap rents in Abu Dhabi. You can get a large 2 bedroom apartment in Al Muneera (with private beach) for less than AED 110k these days. Cheaper still in Al Rayyana and Al Reef.
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Re: Liquidity Squeeze/ Rent
Originally Posted by Scamp
(Post 12749121)
Good point. I bemoan the drive back to bidnizz bay after Expo meetings.
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Re: Liquidity Squeeze/ Rent
Originally Posted by jam25mack
(Post 12749697)
Used to do that drive daily back up to Mirdif at the begining of R2020 (the metro). Truly hateful.
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Re: Liquidity Squeeze/ Rent
Last year i had a 15,000 reduction. LL didnt flinch when i asked for this. He is going to have to drop it by at least another AED12-15000 again next year
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Re: Liquidity Squeeze/ Rent
Originally Posted by reddiva
(Post 12749712)
Last year i had a 15,000 reduction. LL didnt flinch when i asked for this. He is going to have to drop it by at least another AED12-15000 again next year
The difference when one beds in this building were 110,000 and now when they're down as low as the 70's and 80's is staggering. Having worked from home this morning the shift of demographics in our building means that the peace is interrupted with a violent combination of onion and screaming child. |
Re: Liquidity Squeeze/ Rent
Originally Posted by Scamp
(Post 12749714)
Tumbling prices has one downside unfortunately. Undesirables.
The difference when one beds in this building were 110,000 and now when they're down as low as the 70's and 80's is staggering. Having worked from home this morning the shift of demographics in our building means that the peace is interrupted with a violent combination of onion and screaming child. |
Re: Liquidity Squeeze/ Rent
Originally Posted by Millhouse
(Post 12749718)
Didn't know we were neighbours.
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Re: Liquidity Squeeze/ Rent
Just chucking in my fil, I pay monthly (no cheques, no contract, nothing), and my landlord reduced my rent by 15% last month, I never asked him to, he said that he tries to be fair with all his tenants and charge a blanket rate across his properties.
There are some good guys out there, i've been here coming up to two years now and never been happier. |
Re: Liquidity Squeeze/ Rent
Originally Posted by IKnowNothing
(Post 12749740)
Just chucking in my fil, I pay monthly (no cheques, no contract, nothing), and my landlord reduced my rent by 15% last month, I never asked him to, he said that he tries to be fair with all his tenants and charge a blanket rate across his properties.
There are some good guys out there, i've been here coming up to two years now and never been happier. |
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