| Under a Million AED in Dubai There is a lot of talk and speculation in the Market today, not only here in the Middle East but in the West as well. Who knows what the future holds but the one thing you can be sure of is that everyone needs a property to live in. Looking at the sales from Dec 2017 – Jan 2018 and Dec 2018 – Jan 2019, there is not a lot of difference in numbers or values apart from off-plan sales which have dropped by more than 50%. More or less than half of the secondary and off-plan sales have been under a million Dirhams. 14th December 2017 – 14th January 2018 Secondary Market – 1,070 transactions – 444 sales under 1m Off Plan Registrations – 2,140 – 1,124 sales under 1m 14th December 2018 – 14th January 2019 Secondary Market – 1,153 transactions – 525 sales under 1m Off Plan Registrations – 1,022 – 562 sales under 1m Not all the properties under a million are in the outer communities, Dubai Marina saw 92 secondary market apartments sold in the last month with 47 of them being under 1m AED. Off plan in the Marina had 29 transactions, 10 of which were under a million. If you are looking to get out of the rental market or looking for a steady 7-8% net return then please reply to this email. We work closely alongside Just Mortgages, they can give you options within minutes and it may result in you cutting your living costs in half (rent vs mortgage payments. Laura Adams Managing Director Properties For Sale Under 1mAED Dream Tower 1, Dubai Marina 1 Bedroom, 05 unit Rented for 76K till September 2019 BUA: 795 sqft. Pool view AED770,000 – Call 050 980 6722 Dream Tower 1, Dubai Marina 1 Bedroom, 04 unit Rented for 68K till October 2019 BUA: 750 sq.ft. Pool View AED750,000 – Call 050 980 6722 Marina Diamond 5, Dubai Marina 2 Bedroom, vacant Sheikh Zayed Road view BUA: 1100 sq.ft. AED950,000 Moeen 052 709 3710 Ritaj (DIP:2, Dubai) Studio, on Ground Floor, Vacant, Garden Area View 632 sq.ft, One Bathrooms, Balcony, Corner Unit Open Plan Kitchen, Gym/Swimming Pool/ One AED350,000 net Moeen 052 709 3710 Ritz Residence, CBD Business District 5 Studios, all rented- out Selling price from AED 345,000, sizes from 548 sq.ft. 7-10% returns Call Laura 050 980 6722 Ritz Residence, CBD Business District 2 units of 1bedroom plus study 7-10% returns all rented- out Selling price from AED500K, size from 790.54 sq.ft. Call Laura 050 980 6722 Trafalgar Executive, CBD- International City 2Bedrooms, vacant on transfer BUA: 1700 sq.ft., huge layout Selling price: 785K Moeen 052 709 3710 The Light, Arjan – Office 482 sq ft, fitted, vacant AED425,000 Call 050 980 6722 Saba, Jumeirah Lake Towers – Office 1,118 sq ft, lake view, Furnished AED999.999 Moeen 052 709 3710 |
