property in dubai

Author
Discussion

shab_k

Original Poster:

5 posts

182 months

Wednesday 3rd February 2010
quotequote all
hi
i would like to purchase a 2nd home in dubai/sharjah
nothing too big. looking at a cheapish 1 bed flat or a studio...

where is the best place to look?
want it as cheap as possible really.

also what sort of money am i looking at paying at the moment.

thanks

Edited by shab_k on Wednesday 3rd February 15:54

Hitch78

6,117 posts

200 months

Thursday 4th February 2010
quotequote all
Check out Dubizzle or Better Homes websites.

I believe the market is still dropping here and is likely to do so for the next twelve months as there are significant issues with over supply that will become more evident as a projected 100,000 new units will be delivered through 2010.

Of course this means that there are deals to be done at the moment but you will have to make a call as to how far you think it will continue to fall.

My balls are not that big, and my pockets are not deep enough to cover my ineptitude!

ETA: 100,000 sounds a lot, maybe I'm embellishing with an extra '0'....hmmmm, Jumeirah Village - massive, Jumeirah Park - pretty big, Sport City - very big, Business Bay - big, Marina still has a lot of construction happening....maybe not!

Edited by Hitch78 on Thursday 4th February 07:03

Chilli

17,320 posts

242 months

Thursday 4th February 2010
quotequote all
As above really, Dubizzle and the classifieds.
It's a bit like saying what can you get in England for 100k. Well in some places it would get you a lovely place. In the centre of London however, it would buy you a garage....maybe.