Originally Posted by Sally1980

A developer is going to launch a new project in Dubai Waterfront, in 2 months for 2.600 AED p/sqft:
The project is going to be located in front of the sea on Jebel Ali, which will be one of the best locations in dubai since waterfront properties are most demanded But limited available.
Its is going to be a high luxury building for residential, with 1BR, 2BR and 3BR appartments, every floor has 12 units and is 17000 sqft.

The Deal: now we got an exclusive oppertunity to buy (half)floors for 2.200 AED p/sqft.

Advantages:

- We are sure that the prices are going to rise to 2.600, since we know the developer is going to launch it that price in 2 months time.
- We also know that all interested buyers will visit the launch and most sales are done during the launch.
- The developer is verry popular developer among investors which makes selling their projects much easier.
- When buying now one has the advantage of having paid the lowest rate and can sell at a lower price at the launch, let's say 2.450 AED p/sqft compared to developers price 2.600 AED p/sqft