You sound pretty vague in your confidence, When you say "I hope" and "I think" but you conclude pretty confidently with the term "no-brainer". The prices of Lagoon are above a million for a one bed appartment. Such prices in the heart of Dubai Marina have now crashed to 0.55 million. Still Dubai has a higher brand equity and better business environment. I am sure you might have done much more research and assessment of the scenario before getting in.
Please elaborate further on your analysis. Anyone who buys is pretty convinced of his moves specially when there is no clarity on ownership and legislation. The other factor that has literally killed the Dubai market is the very high figure of Annual maintenance charges of about 10AED/Sq ft/Year.
Please share your analysis with us.
PS: I am not critiquing or analysing your decision to buy. I am only seeking more information that you may like to share with us on your analysis.
You sound pretty vague in your confidence, When you say "I hope" and "I think" but you conclude pretty confidently with the term "no-brainer". The prices of Lagoon are above a million for a one bed appartment. Such prices in the heart of Dubai Marina have now crashed to 0.55 million. Still Dubai has a higher brand equity and better business environment. I am sure you might have done much more research and assessment of the scenario before getting in.
Please elaborate further on your analysis. Anyone who buys is pretty convinced of his moves specially when there is no clarity on ownership and legislation. The other factor that has literally killed the Dubai market is the very high figure of Annual maintenance charges of about 10AED/Sq ft/Year.
Please share your analysis with us.
PS: I am not critiquing or analysing your decision to buy. I am only seeking more information that you may like to share with us on your analysis.
Quiet lurker. Poor Contributer