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Article: To Buy Or Not to Buy Property in Dubai

Discussion forum for expats moving to or living in the United Arab Emirates (UAE).

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Article: To Buy Or Not to Buy Property in Dubai

Post Posted: Fri May 03, 2013 11:17 pm

by Expat Focus columnist, Kristin Spindler



Attention expats: the Dubai real estate market is taking off again. Recently, in mid-April, hundreds of hopeful buyers lined up around the block at Emaar Properties’ downtown Dubai offices. Women reportedly scuffled with one another in the “ladies only” line. Some had been waiting for two days for the developer to start selling the first phase of “Mira” a 188-villa project on Reem, an extension of the Arabian Ranches community. Marketed as a desert oasis, 3 bedroom townhouses started at just under AED 1 million ($272,000) with an expected completion in 2016. The units sold out quickly, and investors are already trying to flip them. ..

Kristin's article continues here.

 

Carole
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Re: Article: To Buy Or Not to Buy Property in Dubai

Post Posted: Fri Feb 23, 2018 12:58 pm

The real estate market has grown in Dubai and there are a lot of homes that are being constructed. If you want to buy or sell a house, then you need to keep a lot of things in mind. A house buyer has to make sure they have the right partner. Sellanyhome.com is a good choice if you are considering buying a house.

 

leoparker990
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Re: Article: To Buy Or Not to Buy Property in Dubai

Post Posted: Sat May 05, 2018 7:52 am

It was a great read! I feel that the high cost of living - and sometimes wild fluctuations in that cost - erode the savings rate, which makes it challenging to afford to buy the property in Dubai. By the way, thanks for writing the article.

 

jagsingh
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Re: Article: To Buy Or Not to Buy Property in Dubai

Post Posted: Wed Mar 13, 2019 1:39 pm

The real estate market is still growing in Dubai, more villas/apartments are being built. It is always better to buy a property. After all, investment is always beneficial.

 

abdulkaddir
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