Studio prices in IC

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Studio prices in IC - Morocco

International City - Dubai - Owners Group Forum The diverse International City real estate project in Dubai will provide affordable living to over 60,000 people. International City has been described as an architectural and cultural melting pot of societies that include; Russia, Italy, Spain, England, France, Morocco, Persia, Greece and China. This forum is dedicated to those investors that have bought property in the International City project in Dubai.

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Studio prices in IC - Morocco

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16-06-2008, 01:13 PM

pcoghlan

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Studio prices in IC - Morocco

Hi,

I have just started to try to sell my studio in the Morocco development and would welcome any input as to its likely value. I do have it advertised as of yesterday in the properties for sale section of this website.

The property is IC1-MOR-J7-205 and I am informed it has a view of a lake.

The total area is 605 sq/ft and the internal area is 463 sq/ft although some documents I have show this as 479 sq/ft.

There is an existing professional tenant that has just renewed their lease and so has 12 months to run with rent at 36k.

I am looking to sell this quickly and am under the impression that 400k is about the right level, can anyone confirm this?

Many thanks,
Paul

pcoghlan@usa.net
Cell: +1 561 685 1406 (USA)

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