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Old 18-05-2008, 04:13 AM
Roshan Roshan is offline
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Join Date: Jan 2008
Location: Dubai
Posts: 864
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Quote:
Originally Posted by New_Investor View Post
Hello - i got an offer to buy at wings of arabia at price of 900 psf, which i think is high,

i'd like to have your advice about the same as i have very little info about the project and the developer ACI.

if any one has a better price for the same project in a 1BD - please contact me.
ACI has almost 6 to 8 projects in Dubai. They are a German consortium and seem to be OK.

Dhs 900 psf is hopefully for residential. Pls note that ACI sells on gross areas. So when converting to net, usually around 15 the price is Dhs 1035 psf which is still acceptable as per Dubai prices.

I am sorry I have not researched much on this and someone else should be able to help out. However these days one cannot get a house for that price in Dubai.

Regards

Roshan
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