Where is the best place to buy in Dubai?

[Yousuf]

Originally Posted by Kunlay

Does anyone have an idea of where best to buy in Dubai? Or has the market peaked out.

I am looking from a cash flow positive and +6% yields perspective. Not offplan but a ready property for strictly buy-to-let.

Hi Kunlay,
well i advise you to invest in area wich are already develop & have no issue because all the new developments are for long term investments & since you want a cash flow then i adives you to go for springs, medows, emirates hill, & etc. let me tell you why these areas..1st, these areas are totally developed with all the facilities needed & the residents are usually foreigner & expects with a well off jobs so you will get a very satisfactory figures whatever you ask for because these area are totally sold out or rented out so there hardly any properties left & if there is people keep in pocket for bringin out later because people will rush to it & dont let it go. The investment is around 3M to 3.8M for 2/3 bedroom villa with pool,garden BBQ place & etc. & 5M to 5.8M for 4/5 bedroom villas with pool garden, BBQ place & etc. but denfinately you will get the cash flow from the next month. May be the investment is huge because i have no idea how much you willing to put in so if you can drop me a mail with your estimations & budget i can surely hook you up with somthing better.

For any further inquires, information or help needed with you investment please feel free to contact.

Regards,
Yousuf Javed
Investment Consultant
Homelife Elite Gulf Properties (Canadian based Corp.)
UAE, Dubai.
Mob: 00971-50-2035663

[Professor]

For all real estate dubai information I have always used AMEinfo... It details all the information required for the property market, with up to date news on how the market changes and fluctuates.... It also covers other UAE states so is a rather handy resource...

Although I do hear property is seen as a valuable investment in the Sports City region due to the expected ongoing increase in sports popularity and the influence of Western Sporting entities set to grow in Dubai...

[oldasdirt78]

Originally Posted by Professor

For all real estate dubai information I have always used AMEinfo... It details all the information required for the property market, with up to date news on how the market changes and fluctuates.... It also covers other UAE states so is a rather handy resource...

Although I do hear property is seen as a valuable investment in the Sports City region due to the expected ongoing increase in sports popularity and the influence of Western Sporting entities set to grow in Dubai...

thanks prof that site helped a ton