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| Hello all, I just need your wisdom and knowledge. I live in U.S. and just recently was asked from a friend to invest in a property in Dubai (Business Bay). This is just for investment and to be rented out later. The property has not been built yet and it is due to finish in a year or so and it is an office space. Is it a good idea to do this? I have never been to Dubai but I have heard of its blooming opportunities and I will have to travel in Feb. to Dubai to accomplish this. Can you share any thoughts on this? Thank you, Marcie |
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| Hi everyone, My name is Alenoosh and I am working as a property consultant at ocean view real estate-dubai, I will be more than happy to assist you whenever you want to buy, sell or manage your properties in UAE. If you have any inquires please do not hesitate to contact me. thanks. Alenoos van Sabben |
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| Hi Marcie, I am working for the biggest Real Estate Company in the Middle East and am specialized in Commercial Properties in Business Bay and Jumeirah Lake Towers. Please reply on my message if you would like to get information on the current prices, investment opportunities and ROI's in Business Bay. Thanks. Nadia |
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| Is it wise to invest? The better question is: Is it wise not to invest? The whole Business Bay consists of over 200 towers - where in the world do you have a similar density of modern structures? I know, that I will definitely go to Dubai to seize a job opportunity in IT and then I will look into investment possibilities. |
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| In case someone is interested: the Wikipedia-article on the Dubai Business Bay. |
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| it's just a question of funds you have at your disposal. taking a loan for investing in property might not be the best idea, as you have to consider many additional costs for the loan itself. but as money is able to work for itself, real estate in dubai can be a very lucrative investment with a high return on investment. |
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