Go Back  British Expats > Living & Moving Abroad > Middle East > The Sand Pit
Reload this Page >

Rents Are Still Falling

Rents Are Still Falling

Old Nov 22nd 2011, 6:50 am
  #1  
BE Forum Addict
Thread Starter
 
Joined: Aug 2011
Posts: 2,536
mentalist has a reputation beyond reputementalist has a reputation beyond reputementalist has a reputation beyond reputementalist has a reputation beyond reputementalist has a reputation beyond reputementalist has a reputation beyond reputementalist has a reputation beyond reputementalist has a reputation beyond reputementalist has a reputation beyond reputementalist has a reputation beyond reputementalist has a reputation beyond repute
Default Rents Are Still Falling

A business acquaintance has just relocated his family from The Greens to a spacious 3-bed apartment in Al Barsha and is paying Dhs65,000. Another friend is moving to Dubs next month and wants a nice 1-bed apartment for under Dhs50,000 not far from SZR. Any suggestions?
mentalist is offline  
Old Nov 22nd 2011, 11:25 am
  #2  
why ayeeeee man!
 
Spugsy's Avatar
 
Joined: Jan 2008
Location: Disco Gardens...
Posts: 11,370
Spugsy has a reputation beyond reputeSpugsy has a reputation beyond reputeSpugsy has a reputation beyond reputeSpugsy has a reputation beyond reputeSpugsy has a reputation beyond reputeSpugsy has a reputation beyond reputeSpugsy has a reputation beyond reputeSpugsy has a reputation beyond reputeSpugsy has a reputation beyond reputeSpugsy has a reputation beyond reputeSpugsy has a reputation beyond repute
Default Re: Rents Are Still Falling

Originally Posted by mentalist View Post
A business acquaintance has just relocated his family from The Greens to a spacious 3-bed apartment in Al Barsha and is paying Dhs65,000. Another friend is moving to Dubs next month and wants a nice 1-bed apartment for under Dhs50,000 not far from SZR. Any suggestions?
I'm still in Disco Gardens and out rent has come down from 55k, to 38k to what it is now, 33k.
Spugsy is offline  
Old Nov 22nd 2011, 11:42 am
  #3  
Lost in BE Cyberspace
 
kittycat1's Avatar
 
Joined: May 2009
Location: Dubai
Posts: 5,965
kittycat1 has a reputation beyond reputekittycat1 has a reputation beyond reputekittycat1 has a reputation beyond reputekittycat1 has a reputation beyond reputekittycat1 has a reputation beyond reputekittycat1 has a reputation beyond reputekittycat1 has a reputation beyond reputekittycat1 has a reputation beyond reputekittycat1 has a reputation beyond reputekittycat1 has a reputation beyond reputekittycat1 has a reputation beyond repute
Default Re: Rents Are Still Falling

and somehow my rent has stayed the same for 3 years... ffs..
kittycat1 is offline  
Old Nov 22nd 2011, 11:50 am
  #4  
Bored liberal
 
Meow's Avatar
 
Joined: Feb 2007
Location: Over there ----->
Posts: 13,705
Meow has a reputation beyond reputeMeow has a reputation beyond reputeMeow has a reputation beyond reputeMeow has a reputation beyond reputeMeow has a reputation beyond reputeMeow has a reputation beyond reputeMeow has a reputation beyond reputeMeow has a reputation beyond reputeMeow has a reputation beyond reputeMeow has a reputation beyond reputeMeow has a reputation beyond repute
Default Re: Rents Are Still Falling

It isn't falling in every area.
Meow is offline  
Old Nov 22nd 2011, 3:53 pm
  #5  
Lost in BE Cyberspace
 
Joined: May 2008
Posts: 5,125
busybee2 has a reputation beyond reputebusybee2 has a reputation beyond reputebusybee2 has a reputation beyond reputebusybee2 has a reputation beyond reputebusybee2 has a reputation beyond reputebusybee2 has a reputation beyond reputebusybee2 has a reputation beyond reputebusybee2 has a reputation beyond reputebusybee2 has a reputation beyond reputebusybee2 has a reputation beyond reputebusybee2 has a reputation beyond repute
Default Re: Rents Are Still Falling

that may be in some areas, but doesnt mean to say that the landlords will come down in price, especially in abu dhabi.
busybee2 is offline  
Old Nov 22nd 2011, 5:18 pm
  #6  
BE Forum Addict
 
Oyibopeppeh's Avatar
 
Joined: Jun 2010
Location: UK
Posts: 1,308
Oyibopeppeh has a reputation beyond reputeOyibopeppeh has a reputation beyond reputeOyibopeppeh has a reputation beyond reputeOyibopeppeh has a reputation beyond reputeOyibopeppeh has a reputation beyond reputeOyibopeppeh has a reputation beyond reputeOyibopeppeh has a reputation beyond reputeOyibopeppeh has a reputation beyond reputeOyibopeppeh has a reputation beyond reputeOyibopeppeh has a reputation beyond reputeOyibopeppeh has a reputation beyond repute
Default Re: Rents Are Still Falling

Originally Posted by busybee2 View Post
that may be in some areas, but doesnt mean to say that the landlords will come down in price, especially in abu dhabi.
No reduction on our rent this year. But more and more AD landlords seem wiling to take 2 or more cheques.
Oyibopeppeh is offline  
Old Nov 23rd 2011, 3:16 am
  #7  
You read these things?
 
Joined: Jun 2010
Posts: 1,261
auzdafluff has a reputation beyond reputeauzdafluff has a reputation beyond reputeauzdafluff has a reputation beyond reputeauzdafluff has a reputation beyond reputeauzdafluff has a reputation beyond reputeauzdafluff has a reputation beyond reputeauzdafluff has a reputation beyond reputeauzdafluff has a reputation beyond reputeauzdafluff has a reputation beyond reputeauzdafluff has a reputation beyond reputeauzdafluff has a reputation beyond repute
Default Re: Rents Are Still Falling

Originally Posted by Spugsy View Post
I'm still in Disco Gardens and out rent has come down from 55k, to 38k to what it is now, 33k.
Still isn't low enough for me to deal with that traffic everyday. *shudders*
auzdafluff is offline  
Old Nov 23rd 2011, 8:36 am
  #8  
BE Enthusiast
 
csdf's Avatar
 
Joined: Jun 2010
Location: Abu Dhabi
Posts: 796
csdf has a reputation beyond reputecsdf has a reputation beyond reputecsdf has a reputation beyond reputecsdf has a reputation beyond reputecsdf has a reputation beyond reputecsdf has a reputation beyond reputecsdf has a reputation beyond reputecsdf has a reputation beyond reputecsdf has a reputation beyond reputecsdf has a reputation beyond reputecsdf has a reputation beyond repute
Default Re: Rents Are Still Falling

Originally Posted by Oyibopeppeh View Post
No reduction on our rent this year. But more and more AD landlords seem wiling to take 2 or more cheques.
Nor us. Though a few of the houses in our compound seem to be empty these days.
csdf is offline  
Old Nov 23rd 2011, 9:48 am
  #9  
why ayeeeee man!
 
Spugsy's Avatar
 
Joined: Jan 2008
Location: Disco Gardens...
Posts: 11,370
Spugsy has a reputation beyond reputeSpugsy has a reputation beyond reputeSpugsy has a reputation beyond reputeSpugsy has a reputation beyond reputeSpugsy has a reputation beyond reputeSpugsy has a reputation beyond reputeSpugsy has a reputation beyond reputeSpugsy has a reputation beyond reputeSpugsy has a reputation beyond reputeSpugsy has a reputation beyond reputeSpugsy has a reputation beyond repute
Default Re: Rents Are Still Falling

Originally Posted by auzdafluff View Post
Still isn't low enough for me to deal with that traffic everyday. *shudders*
Ah it's not that bad.
Spugsy is offline  
Old Nov 23rd 2011, 11:03 am
  #10  
BE Enthusiast
 
lanarkwitch's Avatar
 
Joined: Feb 2009
Location: Cairo :-(
Posts: 376
lanarkwitch is a name known to alllanarkwitch is a name known to alllanarkwitch is a name known to alllanarkwitch is a name known to alllanarkwitch is a name known to alllanarkwitch is a name known to alllanarkwitch is a name known to alllanarkwitch is a name known to alllanarkwitch is a name known to alllanarkwitch is a name known to alllanarkwitch is a name known to all
Default Re: Rents Are Still Falling

It has come down a bit in AD we paid 170k for a villa in MBZ last year with a pool, this year we'd decided to move to Capital Plaza, 2 bed apt on the Corniche for 180k, I realise it's 10k more but 33km closer to town and has come down from 225k just a few months ago. In 2009 we paid 260k for a 2 bed in Seashore, we must have been f-ing mental
lanarkwitch is offline  
Old Nov 23rd 2011, 11:44 am
  #11  
Lost in BE Cyberspace
 
Joined: May 2008
Posts: 5,125
busybee2 has a reputation beyond reputebusybee2 has a reputation beyond reputebusybee2 has a reputation beyond reputebusybee2 has a reputation beyond reputebusybee2 has a reputation beyond reputebusybee2 has a reputation beyond reputebusybee2 has a reputation beyond reputebusybee2 has a reputation beyond reputebusybee2 has a reputation beyond reputebusybee2 has a reputation beyond reputebusybee2 has a reputation beyond repute
Default Re: Rents Are Still Falling

Originally Posted by lanarkwitch View Post
It has come down a bit in AD we paid 170k for a villa in MBZ last year with a pool, this year we'd decided to move to Capital Plaza, 2 bed apt on the Corniche for 180k, I realise it's 10k more but 33km closer to town and has come down from 225k just a few months ago. In 2009 we paid 260k for a 2 bed in Seashore, we must have been f-ing mental
yep hahaha
busybee2 is offline  
Old Nov 23rd 2011, 12:12 pm
  #12  
BE Enthusiast
 
csdf's Avatar
 
Joined: Jun 2010
Location: Abu Dhabi
Posts: 796
csdf has a reputation beyond reputecsdf has a reputation beyond reputecsdf has a reputation beyond reputecsdf has a reputation beyond reputecsdf has a reputation beyond reputecsdf has a reputation beyond reputecsdf has a reputation beyond reputecsdf has a reputation beyond reputecsdf has a reputation beyond reputecsdf has a reputation beyond reputecsdf has a reputation beyond repute
Default Re: Rents Are Still Falling

Originally Posted by lanarkwitch View Post
It has come down a bit in AD we paid 170k for a villa in MBZ last year with a pool, this year we'd decided to move to Capital Plaza, 2 bed apt on the Corniche for 180k, I realise it's 10k more but 33km closer to town and has come down from 225k just a few months ago. In 2009 we paid 260k for a 2 bed in Seashore, we must have been f-ing mental
But a 2 bed appartment in town isn't quite the same as a villa with a pool is it? What would an equivalent villa with a pool cost you if it was in town?
csdf is offline  
Old Nov 23rd 2011, 1:30 pm
  #13  
BE Enthusiast
 
lanarkwitch's Avatar
 
Joined: Feb 2009
Location: Cairo :-(
Posts: 376
lanarkwitch is a name known to alllanarkwitch is a name known to alllanarkwitch is a name known to alllanarkwitch is a name known to alllanarkwitch is a name known to alllanarkwitch is a name known to alllanarkwitch is a name known to alllanarkwitch is a name known to alllanarkwitch is a name known to alllanarkwitch is a name known to alllanarkwitch is a name known to all
Default Re: Rents Are Still Falling

Originally Posted by csdf View Post
But a 2 bed appartment in town isn't quite the same as a villa with a pool is it? What would an equivalent villa with a pool cost you if it was in town?
That wasn't the point I was making, last year when we took the MBZ villa, a nice apt im town was still around 220k, this year it's 180k
lanarkwitch is offline  
Old Nov 23rd 2011, 1:31 pm
  #14  
BE Enthusiast
 
lanarkwitch's Avatar
 
Joined: Feb 2009
Location: Cairo :-(
Posts: 376
lanarkwitch is a name known to alllanarkwitch is a name known to alllanarkwitch is a name known to alllanarkwitch is a name known to alllanarkwitch is a name known to alllanarkwitch is a name known to alllanarkwitch is a name known to alllanarkwitch is a name known to alllanarkwitch is a name known to alllanarkwitch is a name known to alllanarkwitch is a name known to all
Default Re: Rents Are Still Falling

Originally Posted by busybee2 View Post
yep hahaha
The year before that we paid 280k for the 3 bed!!
lanarkwitch is offline  
Old Nov 23rd 2011, 1:48 pm
  #15  
Lost in BE Cyberspace
 
Joined: May 2008
Posts: 5,125
busybee2 has a reputation beyond reputebusybee2 has a reputation beyond reputebusybee2 has a reputation beyond reputebusybee2 has a reputation beyond reputebusybee2 has a reputation beyond reputebusybee2 has a reputation beyond reputebusybee2 has a reputation beyond reputebusybee2 has a reputation beyond reputebusybee2 has a reputation beyond reputebusybee2 has a reputation beyond reputebusybee2 has a reputation beyond repute
Default Re: Rents Are Still Falling

Originally Posted by lanarkwitch View Post
The year before that we paid 280k for the 3 bed!!
stupid mad person but yes the prices have come down, but not all landlords are coming down, or more importantly the banks are still sticking to the 5%. we were told by ADIB that because the law states they can add 5% they will do. we in the end got hold of the landlord who wouldnt put down the rent (as he did a lot last year) but would keep the rent the same. so you have to work the system, and sometimes the system doesnt work for you.
busybee2 is offline  

Contact Us Archive Advertising Cookie Policy Privacy Statement Terms of Service

Copyright © 2018 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.