G
georgihh
New Member
The reality has come back to Dubai. All of us instead of losing money and becoming defaulter can still make money, good money. Now is time to rent not to sell
Example
Studio IC 420K
Rent
First year 55000
Second year 50000
Third year 45000
Total 150000 or 35 % interest for 3 years.
That’s 10 % per year
The interest from the annual rents will cover the service charges
After 3 years the prices will stabilize or go up slightly so you can score on the initial investment of 420k
As you can see from the example buying ready property gives you some security opposed to buying off plan and waiting for somebody to decide on your investment.
Conclusion:
You can still make money in Dubai
If somebody has better idea please advise.
Example
Studio IC 420K
Rent
First year 55000
Second year 50000
Third year 45000
Total 150000 or 35 % interest for 3 years.
That’s 10 % per year
The interest from the annual rents will cover the service charges
After 3 years the prices will stabilize or go up slightly so you can score on the initial investment of 420k
As you can see from the example buying ready property gives you some security opposed to buying off plan and waiting for somebody to decide on your investment.
Conclusion:
You can still make money in Dubai
If somebody has better idea please advise.
