dubai creek harbour hasn't taken off
Hi.. I have a few questions about this property - appreciate if members can share their views.
- Will the view of Burj Khalfa always remain unrestricted? Or is there any chance of redevelopment and another building coming up in between?
- How would you rate the Burj view from here compared to other downtown residential buildings.. say on a scale of 1-10
- What is the assessment of annual rent for a 2BR (~1050 Sq Ft) middle floor (~25th) Burj Khalifa view apartment?
- Getting offers for Booking value + 10% .. Looking at the market, is it worth holding on?
“At Dh361 million for a 1 million square feet tower, the price comes to about Dh360 a square foot – that’s lower than what you get in International City.”
It has now been confirmed that the 32 floors making up the hotel portion of the 101-storey structure have gone on auction and buyers can place bids until May 26. The reserve price of Dh361 million is set only for that part, owners of the residential units have been assured.
The price is for the hotel floors only (which is 32 floors only), in case if you didn't read it.
Like I said unbelievable. Those are bargain prices if true, and have good investment potential in that location.
Hopefully this kickstarts a full overhaul of laws and regulations so that small investors are finally fully protected against the many rogue developers that operate in the emirate.
Is that the Taj on the Palm, if yes that was on the verge of being completed back in 2014, but everything stopped.
Just yesterday I read Emaar are saying sales from January to now have risen 250 percent. I'm not sure if they're getting those statistics comparing pre Covid or during Covid?
Honestly I don't know what to think because I don't know what to believe anymore.