Quote:
Originally Posted by Werhop
is the 10% yield for commercial, then what is the residential yields? in our country the residential is significantly lower than the commercial yields?
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10% for residential, commercial is dead sounds strange but they build 3000 shops in IC and 90 % are still empty as nobody wants them – disaster.
To get a good interest rate in Dubai is almost impossible. Should be lower but is not available – tough
On top of that the property law is not clear if exist and the developer are making enormous amount of money on the back of the innocent people.
Just remember what is advertised or what you see is not the reality
I know the properly boom in South Africa is finished but Dubai is about to follow