Quote:
Originally Posted by lisa3295
I have just bought a 1 bed apartments in Dubai Sportscity. It is due to be finished in October next year. Just wondering if it is better to sell it on completion or rentit out longterm. Anyone any ideas?
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I would suggest that you sell it. Because by end 2009 expectations are that a lot of buildings would be RFS (Ready for Sale / Occupation) which means there is a possibility of demand droping and supply increasing so it could be risky preposition to rent and anticipate some revenue from it. If i was you i would sell and invest in upcomming zones in Dubai
You may e-mail me for detailed discussion at iimz at hotmail dot com