What are the current prices?

[renter1]

for the following? I regard these as a decent index for Dubai real estate.

Springs 4E villa
Meadows 4-bed villa
Lakes 3-bed villa
Arabian Ranches 4-bed villa
Palm Jumeirah Garden Home
Palm Jumeirah Signature villa
Palm Jebel Ali Garden Home
JLT 1-bed
Discovery Gardens 1-bed
International City 1-bed
Jumeirah Islands 4-bed

 

[sasherwani2]

Realistically speaking, the ideal prices for a serious seller for your properties as of "Feb 5th" should be

Springs 4E villa AED 1.2m to AED 1.3m
Arabian Ranches 4-bed villa AED 3.3m to AED 3.5m
Palm Jumeirah Garden Home (Not many investors are willing to sell this but the recent sales have ranged from AED 4.5m to AED 7m)
JLT 1-bed (Depends on the developer, anything between AED 600k to 900k)
Discovery Gardens 1-bed (AED 600k to AED 650k)
International City 1-bed (AED 500k to AED 580k)

 

[samsaf]

Realistically speaking, the ideal prices for a serious seller for your properties as of "Feb 5th" should be

Springs 4E villa AED 1.2m to AED 1.3m
Arabian Ranches 4-bed villa AED 3.3m to AED 3.5m
Palm Jumeirah Garden Home (Not many investors are willing to sell this but the recent sales have ranged from AED 4.5m to AED 7m)
JLT 1-bed (Depends on the developer, anything between AED 600k to 900k)
Discovery Gardens 1-bed (AED 600k to AED 650k)
International City 1-bed (AED 500k to AED 580k)

What about Motorcity (Uptown) ?

 

[sasherwani2]

AED 740k for a 1 Bedroom with 1000 sqft area.

 

[wottodo]

And Palm Jebel Ali Garden home???

 

[sasherwani2]

I am not sure. I know someone who put up an ad to sell it for AED 3.9m but hasnt been able to sell it. The BUA was 5050 square feet.

 

[naxal]

Realistically speaking, the ideal prices for a serious seller for your properties as of "Feb 5th" should be

Springs 4E villa AED 1.2m to AED 1.3m
Arabian Ranches 4-bed villa AED 3.3m to AED 3.5m
Palm Jumeirah Garden Home (Not many investors are willing to sell this but the recent sales have ranged from AED 4.5m to AED 7m)
JLT 1-bed (Depends on the developer, anything between AED 600k to 900k)
Discovery Gardens 1-bed (AED 600k to AED 650k)
International City 1-bed (AED 500k to AED 580k)

I had been looking for the Springs mentioned above but as of yet didn't get for
1.2m but I'm optimistic to get it at that price very soon .If anyone has it ,call
050-5284238 .

 

[Wannaberich]

Springs 4E villa - 400k
Meadows 4-bed villa - 400k
Lakes 3-bed villa - 350k
Arabian Ranches 4-bed villa - 500k
Palm Jumeirah Garden Home - 800k
Palm Jumeirah Signature villa -950k
Palm Jebel Ali Garden Home - 50k
JLT 1-bed - 200k
Discovery Gardens 1-bed - 100k(buy 1 get 1 free)
International City 1-bed - Free
Jumeirah Islands 4-bed - 350k

Do u agree Sash?

 

[PropGuy]

I am not sure. I know someone who put up an ad to sell it for AED 3.9m but hasnt been able to sell it. The BUA was 5050 square feet.

He is willing to swap with another properties?

 

[sasherwani2]

Springs 4E villa - 400k
Meadows 4-bed villa - 400k
Lakes 3-bed villa - 350k
Arabian Ranches 4-bed villa - 500k
Palm Jumeirah Garden Home - 800k
Palm Jumeirah Signature villa -950k
Palm Jebel Ali Garden Home - 50k
JLT 1-bed - 200k
Discovery Gardens 1-bed - 100k(buy 1 get 1 free)
International City 1-bed - Free
Jumeirah Islands 4-bed - 350k

Do u agree Sash?

Disagree. The prices I quoted were the most accurate prices as of Feb 5th.

 

[naxal]

Springs 4E villa - 400k
Meadows 4-bed villa - 400k
Lakes 3-bed villa - 350k
Arabian Ranches 4-bed villa - 500k
Palm Jumeirah Garden Home - 800k
Palm Jumeirah Signature villa -950k
Palm Jebel Ali Garden Home - 50k
JLT 1-bed - 200k
Discovery Gardens 1-bed - 100k(buy 1 get 1 free)
International City 1-bed - Free
Jumeirah Islands 4-bed - 350k

Do u agree Sash?

I dont understand the above .Is it quoted in dollars ................ or somebody teasing somebody ??

 

[Wannaberich]

Maybe someone is teasing Sash and being sarcastic.

 

[sasherwani2]

Maybe someone is teasing Sash and being sarcastic.

Sash is aware and still awaits entertaining sarcasm.

 

[Wannaberich]

Disagree. The prices I quoted were the most accurate prices as of Feb 5th.

Errr,I somehow think Sash WASN'T aware.

 

[sasherwani2]

Errr,I somehow think Sash WASN'T aware.

Yes you are right. I didnt understand you were joking. I actually called all your broker friends to confirm if International City one bedroom apartment is actually for free I am so embarrassed now

P.S. I am a Sr. Real estate Financial Analyst by profession.

 

[Wannaberich]

P.S. I am a Sr. Real estate Financial Analyst by profession.

Really?Which makes your prediction of a Dubai property collapse BEFORE the sub-prime hit even more questionable.
Thanks for letting me know.