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Old 28-04-2007, 12:19 PM
kammy kammy is offline
Junior Member
 
Join Date: Apr 2007
Posts: 1
Smile plans to buy a apartment in dubai , but not sure of rental returns

Hello all Freinds,

How are you doing .

Actually i want to buy an Aparment in Dubai which is think is a very good long term Investment . In the Meanwhile my view point is that Since last 3 years and in next 3 years alot of apartments/villas will add to the market which will decrease the rate of rental income per year .

I want to ask the users view.

Do you think giving a good apartment of rent in Dubai can still give 15% per annum approximate Rental Return in Dubai or not .

How about buying something like a hotel room like Marina 101 or Laguna Tower by IFA Properties which will sell as hotel , bec i still feel hotel rooms or apartments which are sold on daily basis can get 15% - 25% per annum returns .

What do you say ?
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