sportscity anyone? - Page 12

martinm · #**111** 09-01-2008, 11:35 AM

hi all,anyone any more news on sportscity?

mpat · #**112** 09-01-2008, 01:53 PM

Hi Martin,Prices are going up that is the news.It looks that one cant find in SC for less than 800 psf ... What do U think ?

Roshan · #**113** 09-01-2008, 06:23 PM

Quote:

Originally Posted by martinm

the elevation as it was called that i bought my apartment in, has now been turned into giovanni boutique suites a 5star hotel were we have the op of renting it oursleves or letting the hotel group have it with 8-10.5% per year (less 2% for them) for 5years an 30days useage. its being built by an english builder,thoughts on this please?

You are sitting on a gold mine bro. A serviced apartment in DSC is definitely bound to do well. If you opt to sell it after completion, it will have a 5 star price tag on it and should get you handsome returns.

Be careful to read the contract, see if it's linked to the occupancy levels. I have not studied that part of it but it could have me hidden clauses.

Good luck.

Roshan

martinm · #**114** 11-01-2008, 12:43 PM

Quote:

Originally Posted by Roshan

You are sitting on a gold mine bro. A serviced apartment in DSC is definitely bound to do well. If you opt to sell it after completion, it will have a 5 star price tag on it and should get you handsome returns.

Be careful to read the contract, see if it's linked to the occupancy levels. I have not studied that part of it but it could have me hidden clauses.

Good luck.

Roshan

good to hear some good news guys, think i will stick with it if the only way is up. thankyou for your views.Roshan have you bought in the same block as me?

Roshan · #**115** 12-01-2008, 07:10 AM

Quote:

Originally Posted by martinm

good to hear some good news guys, think i will stick with it if the only way is up. thankyou for your views.Roshan have you bought in the same block as me?

I am starved for cash at the moment as I have invested in 2 commercials and 1 residential. I am financing the 2 commercials with own finance.

Serviced apartments will do well where tenants don't have to worry about maids, about cleaning the house, doing the beds. It will cater to an upmarket clientele, people who have the money. I makes sense to keep this investment.

But my next stop is Sports city with a good developer. I would be looking at a studio.

Regards

Roshan

Pint of Guinness · #**116** 18-01-2008, 09:20 PM

Quote:

Originally Posted by mpat

Hi friends

See attached photos as promised.Actually nothing started yet on Giovanni area,I searched the plot for around 50 minutes , there is no movement at all.Rest all projects like Rufi Twin tower , Shami tower , Cube , Elite residence, Chapal , Bangas are working almost the same stage . Excavation for foundation has been done and now they are waiting for inspections from DubaiLand authorities. They are parallaly building SCHOOL , PETROL STATION , CANAL , SHOPPING MALLS , SEWAGE PLANT, ROADS , STADIUMS , ACADAMIES . In short the whole place is building.
This photos are for GIOVANNI , if any one want pics for another project , let me know.

Hi Mpat - Do you know how Eden Gardens is getting on. Have they started construction? Do you have any info or pictures of the area?

Thanks

martinm · #**117** 26-01-2008, 05:44 PM

hi all, just bumpin back to 1st page,.

dubaiboy · #**118** 27-01-2008, 04:36 AM

Ernie Else golf course is being inaugurated on 28th.

Just for bumping back. . .

Mbarak · #**119** 02-02-2008, 07:40 PM

Hello James,
I'm interested to buy a property in Giovanni(Dubai Sports City). Can you please give me your recommendation?

Thanking you,
Mbarak

Mbarak · #**120** 02-02-2008, 08:09 PM

Hello Guys!!
I need your help! am about to buy Giovanni. Any suggestions?

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