Quote:
Originally Posted by Rammah
What's a good price per sqft in Al Marjan Island RAK???
I'm getting offered very small studio service apartments for over 1000 per sqft, but it comes with 3 yrs rental guarantee at 12%!
I'm still wondering if that'll be better [in terms of appreciation] or something in Emirates City Ajman overlooking the Lake [much bigger flat and cheaper, but this means nothing to me]!
Rammah
|
1000 dirhams psf is a little pricey to me, considering that it is RAK.
RAK is beautiful I know, but does 1000 psf stack up with what you can expect to get on the re-sale market in RAK or Dubai, ... I don't think so.
February is an Important month as most developers will be competing for investor funds, sit tight and wait for a few more weeks as I am sure you will be able to pick up RAK at 850 psf or thereabouts....
If I see anything that is worth a punt, I will post it on the Forum site and you can then goto the developers direct and purchase.
rgds
