Hi MusTafA,

I was in International City this weekend, huge development but a bit crowded, it depends on your preferences. Definitely less greenery than Discovery Gardens. Residents are just starting to move in, wondering what the occupancy rate will be?
ProperDub

A friend of mine is selling 2 bed in lake district for less than OP, does it mean that market is cooled down ? ? ?

How he can sell less than the OP is he losing money or the OP is not real
Please explain if you can give us some numbers we will appreciate.
As far as I remember the OP was 900 per sqft

Hi georgihh

You are right , he is losing money. He just want to get rid of it.

He bought at 900per sq ft. Paid 10% of it. and now he wants only 8% instead of 10%.No commission nothing except for transfer charges if its levied by Nakheel.

Actaully this is a good oppertunity for those who can hold on to this project till completion. I was thinking myself to put money in it, but my money is stuck in India.

Hi Mpat,

Could be a distressed case - OR - a case of panic. Units bought with the intent of flipping will have such effects.

Regards

Roshan

I am not surprised.. a project like International City selling a one bedroom for 1.2 mill? Are you kidding me. It should be nomore than 400k

Yes that s the case Roshan.

people thought tht it will be flipped ina month or so but could not work out that way. but this is a good project for end users and long term investors , right ???

Yes excatly this is what happend to me .... I thought I would be able to sell it fast... I agree with MPT that this product is designed for end users only .... so if you are an end user or you know any end user ... this is the right product for you/him to live in .... it's specious and reasonably priced ....

if you are intersted or you have some one who is intersted, I am willing to sell my 1 br and 2 br at the original price .... yes as I have other commitments to meet ... my mobile # is 00971 50 8918190 ....

Regards,