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sportscity anyone? - Page 35

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  #341  
Old 03-06-2008, 06:37 AM
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Originally Posted by investorppty View Post
Plse can I have comments on Eagle Heights, Dubai Sports City...3 years guananteed rental and will be situated in the heart of Dubai Sports City, overlooking the prestigious Ernie Els 18 hole championship golf course.

Guaranteed 3 year rental at 8% per annum
Estimated 30% capital growth by handover
Kafaalat 10 year extended payment term available
Tax-free society
Located in the heart of Dubai Sports City
100% free-hold


I think its from profile. some other projects are giving 20% yearly capital growth but 10% rental guarantee per annum which is better than this as this one is more expensive.
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  #342  
Old 03-06-2008, 06:58 AM
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Originally Posted by mpat View Post
I think its from profile. some other projects are giving 20% yearly capital growth but 10% rental guarantee per annum which is better than this as this one is more expensive.
The Eagle Heights Propoerty is 30% Capital Growth and 8% 3Yr Rental Guarantee. What do you think?. Is it a good purchase. If you have anything better plse let me know as I may be interested. Thanks.
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  #343  
Old 03-06-2008, 07:04 AM
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The Eagle Heights Propoerty is 30% Capital Growth and 8% 3Yr Rental Guarantee. What do you think?. Is it a good purchase. If you have anything better plse let me know as I may be interested. Thanks.
Capital appreciation is something that i call as a claim from the developer and its merely the same for all the area according to its location and landscaping etc. If someone claims for 30% cap app and he achieves it that means others in teh same area are also going to achieve the same with a very small difference either plus side or minus side. but rental guarantee is the thing tht is something solid and can be considered seriously in terms of investing, Let me know your budgets and requirements and I might be able to find u a good one,( or else, u can research yourself on oasis tower , giovanni , and first group- these are mainly in hotel appts type business and are generally giving rental gurantee,)

bye
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  #344  
Old 03-06-2008, 07:19 AM
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Originally Posted by mpat View Post
Capital appreciation is something that i call as a claim from the developer and its merely the same for all the area according to its location and landscaping etc. If someone claims for 30% cap app and he achieves it that means others in teh same area are also going to achieve the same with a very small difference either plus side or minus side. but rental guarantee is the thing tht is something solid and can be considered seriously in terms of investing, Let me know your budgets and requirements and I might be able to find u a good one,( or else, u can research yourself on oasis tower , giovanni , and first group- these are mainly in hotel appts type business and are generally giving rental gurantee,)

bye

To be honest Mpat. I am looking to purchase a project in DSC in the region of +-USD150,000. However I am not looking at Buy to Let or Buy to Live but rather Buy to Sell. Say sell within a couple of months. All this depends on payment plan etc.
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  #345  
Old 03-06-2008, 09:37 PM
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Hi, I want to sell my apartament in DSC. Would somebody can recomend me serious property agency in Dubai or UK which can help me to sell apartament. Thanks
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  #346  
Old 03-06-2008, 10:13 PM
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Hi, I want to sell my apartament in DSC. Would somebody can recomend me serious property agency in Dubai or UK which can help me to sell apartament. Thanks
Sherwoods are very good and have offices in both Dubai and the UK as do Better Homes.
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  #347  
Old 04-06-2008, 07:51 AM
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Can someone fill me in on how a developer can "guarantee" a rental return? Do they actually back it up with their own money if no one rents the place? (forgive me if I am naiive)
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  #348  
Old 05-06-2008, 10:44 AM
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Default Canal Residence West - Venetian Building

I own a 1 bed apartment on the 15th floor of the Venetian building, unit 14.
This is a corner unit with 2 balconies overlooking the canal.
I choose the 15th floor because it means I am higher that the adjacent buildings with clear views in all directions and there is still a blacony above on the 16th floor for shade. The 16th floor has no shade from the 17th floor. The location will also get the afternoon and evening sun.
The unit has 773 sq.ft of living space plus 171 sq.ft of balcony.

Can anyone give me an idea of the current value

Thanks
Steve
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  #349  
Old 05-06-2008, 11:14 AM
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As a reasonable guestimate it would be in the regoin of 1.27m



Quote:
Originally Posted by Steverobo View Post
I own a 1 bed apartment on the 15th floor of the Venetian building, unit 14.
This is a corner unit with 2 balconies overlooking the canal.
I choose the 15th floor because it means I am higher that the adjacent buildings with clear views in all directions and there is still a blacony above on the 16th floor for shade. The 16th floor has no shade from the 17th floor. The location will also get the afternoon and evening sun.
The unit has 773 sq.ft of living space plus 171 sq.ft of balcony.

Can anyone give me an idea of the current value

Thanks
Steve
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  #350  
Old 05-06-2008, 10:24 PM
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Quote:
Originally Posted by Stephendxb View Post
As a reasonable guestimate it would be in the regoin of 1.27m

Great, minds think alike Stephen !! I Bought a 1 bed apartment for silmilar reasons although I am in 1301 - with a Golf Course View
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