Hi,
I am in a fairly enviable position, I am an expat therefor do not pay CG Tax. Since the property is in Dubai I won't pay any tax at all.
I would agree there are many empty properties in Dubai, however I am closely linked to the market and my wife works in real estate sales. I am fairly confident that the market will hold out at least until Jan.
Fully agree on not commiting to a purchase until proceeds are in hand!
Come on guys I need your thoughts on locations for a stable BTL!!!!
|