I don't know about the cracks I didn't see any when I went there. I think nakheel has a better rep in terms of quality than it's counter parts. Have you been to the greens?

I have personally been to DG several times and have been quite pleased with the quality myself. I have not noticed any cracks on outside walls and the quality of the interiors was quite good too. Ofcourse it's not a luxury development and hence the quality has to bee seen in that context and that's why the current market price is approx 1000 / sqft whereas developments of similar quality, e.g. the greens are selling at 1500/sqft and the marina's and JLT's which are considered luxury developments are selling anywhere from 1500 - 2000 /sqft.

I have a studio directly from the owner where handover i think is July so email me at theda@sacm.ae if you are interested. Thanks

does anyone know any decent estate agents who will rent my property out?

Do you know if it is better to furnish the flat before hand? I know in Australia most property you rent is not furnished.

Whats the current trend in Dubai?

Try Better homes or Asteco.. they have good reputation here. it's perfectly normal to lease it unfurnished in dubai. if you plan to lease for long terms, ie 1 year or more then it's preferred to give the property unfurnished. If you wish to go for shor-term rentals i.e. 1 month, 3 months etc then you will need to furnish it as these short term tenants will demand it. The advantage of short term rentals in dubai currently is that there is high demand for it and you can charge a premium of 30%-40% over annual rents.

Hi guys,

Any ideas on the seling price psqf in DG at the moment? I would also need to know who is financing them these days?

Regards

Kenny

Sq ft price for a studio is around 1400 and 1200-1300 for a one bed. This is whats in the market as of today.

__________________
Shiraz Farooki
(Property Consultant & Advisor)
+971503958850
eckoproperties@eim.ae
ECKO Group of Companies

Noor Islamic Bank is providing finance, also I have heard that after handover all banks will provide finance, it this turns out to be true then the price if DG will really take off. This period of 1-2 months before handover is a good time to buy a property here at a bargain price and if you can get finance from Noor Islamic bank then even better.

Does anyone have inof on when Nakheel is starting with hand over of the Mediterranean buildings i.e. the one's bought through Tamweel's launch last year April?