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Discovery Gardens Located along the Sheikh Zayed, Discovery Gardens is a self contained community with shopping amenities, jogging paths, community swimming pools and other recreational zones. Discovery Gardens is one of the few property investments in Dubai that falls within the low end of the market, and investors have made a killing on it. What do you think of Discovery Gardens and the investment potential? How does it compare to other Dubai properties? Share your views here.

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Yasir Offline
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Default To buy or not t o buy?? - 22-07-2008, 11:08 AM
Have anyone got a building for sale in Discovery For Round 65 to 70 ??
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dxbfreehold Offline
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Default Re: To buy or not t o buy?? - 23-07-2008, 02:33 PM
Dear Sir / Madam,

I am an agent who is dealing in Dubai Real Estate. I have details of good investment opportunities in Dubai and in Northern Emirates such as Ajman.

If you are still interested and want to know about the ongoing projects in UAE please let me know.

I have an Ongoing Projects in which if you invest USD 600,000 you will have guaranteed return of USD 200,000 in 6 months.

This project is direct from the developer and they will give you in written (Legal)to return your money as said above.

Hope to hear from you soon.

Have a good day.

Hemant

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Originally Posted by John Smith View Post
Ok,

I intend to stay in Dubai for at least 3 more years, maybe more.

If I renew my rental it effectively costs me 7500 per month.

I figure that I can buy something for about 700000 (1 bed in discovery gardens or similar) and finance it over 5 years (in UAE) for about 12000 per month.

Obviously over 5 years this means I spend about 300000 extra on accomodation. But at this point I will have a property to sell and as long as it's worth more than 300000 then I am in profit. If it's maintained it's value (700000) then I am 400000 in profit (not to be sniffed at).

Basically my question is - why are so few people doing this? I have been here 1 year and know very few people who have bought. I am certainly not a finance expert but this seems a no-brainer to me.

What are the potential pit-falls etc.

Has anyone else done this recently and if so how is it working out?

THanks in advance.
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Informative Offline
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Default Re: To buy or not t o buy?? - 28-07-2008, 01:33 PM
Hi john - if your still out there....

I'm not an agent. Had a look at your thread and thought I'd find out if bought a place and how it went. Or did you decide to continue renting.
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Natalie Offline
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Default Re: To buy or not t o buy?? - 20-08-2008, 10:13 AM
Dear Sir/Madame,

I am writing to introduce Vancouver Real Estate, a rapidly developing brokerage company based in Dubai. Our characteristics are the sound knowledge of Real Estate market and ability to offer best properties for best prices from reputable developers.
We can provide you with the updated information on Dubai property market and help you make the best purchase.
Our primary goal is to find a property exactly matching your individual request.
In case you want to sell your property, we will market it professionally and sell it with minimum time and maximum satisfaction for you.
Our aim is your comfort
Wishing you a very nice day,
Natalie
Property Consultant
Vancouver Real Estate Brokers
Tel: +971 50 10 11 927
Fax: 00971 4 295 70 60 (Attn. Natalie)
E-mail: natcat@ymail.com
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home_life Offline
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Default Re: To buy or not t o buy?? - 22-09-2008, 10:07 AM
Dear all investors/buyers,
Since the rasing rents are becoming the main issue here & most of the people prefer moving toward purchased properties but my advise to all the investors & buyer to be aware of what you buying & where are you standing. Since im into this market from couple of years, i found out that alot of investors/buyer are being jacked by some very unprofessional agents who are very smart at selling but dosent fellow any athics in this business.
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