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Jumeirah Village Jumeirah Village is a freehold residential development that will contain over 6,000 villas and townhouses, set amidst luscious landscaping and unsurpassed leisure and lifestyle amenities. Another masterplan by Nakheel, all villas were sold out on the day of the launch. So, what investment returns have investors seen on this project? Has there really been a resale market for Jumeirah Village, and if so, have people made money? What problems have there been with the development? Discuss the issues here.

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Pia Offline
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Default Question to all - 15-06-2008, 04:04 PM
Hello,

question to the German falcon

I am thinking to buy a flat in Jumeirah Village but I am wondering about the value increase. What is your experience? I saw property for this development listed on Landmark properties for 720,000 (1 Bedroom). If I wanted to sell it in a year, do you think it would still be worth investing in it? How much more would I get for it?? For someone, who has to take a loan even for the 10%, would you advise anyway to invest in Dubai?

Let me know what you think, actually all of you who are reading this. I am really confused and would be thankful for some advice.

Thanks a lot!
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sheikh90 Offline
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Default Re: Jumeirah Village the best place for investment - 04-07-2008, 06:56 PM
Probably Jumeirah Village is still good investment but beware of some companies taking payments from you in an account which in different name. The ESCROW accounts are in another name. These companies don't provide you with any bank statement confirming that the monies have actually been transferred to ESCROW account. However this applies to properties outside Jumeirah Village as well.

Also the information given by some developers is incorrect. The fact is that most of the projects are likely to be delayed by several months. Developers usually blame Nakheel for this.
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michaelw Offline
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Default Re: Jumeirah Village the best place for investment - 06-07-2008, 10:06 AM
Quote:
Originally Posted by pedro_9k6k View Post
Hi people,

You need to decide if you want to invest in commercial or residential property. It is good to inset in both but I think that you will find the smart people investing into commercial projects. This is because a lot of foreign companies are setting up HQ's in Dubai. Try and find a vacant office on Sheikh Zayed Road, and it will be near impossible. And the prices are quite high. You can invest in residential but that would be wise if you are getting a good deal or if you are actually looking for a place to live in after the place is completed (personal choice).
Totally agree with that and that is why I decided to work for a developer dedicated in commercial programs in Jumeirah Village South.

We offer a Jebel Ali Free Zone office till the completion of the project. Please call me if more details you would like to have.

Regards.

Michael
050 10 46 346
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Sasha Offline
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Default Re: Jumeirah Village the best place for investment - 24-07-2008, 12:23 PM
Advise on investing in Rigel Tower in JVC. It is sold by Fortune group and delveoper is ABC international which is a company owned by Fortune. They have other projects like Fortune Scerene, Burj Al Alam & Fortune Tower etc. Escrow account in place but no finace as of now. Location is block 13 H on two plots close to metor substation. prices psf in the range of 950 - 1100 if you dont take the car that they are offering with each apartment. The building floor plans look very livable. Can any one tell me if this will be a good investment opportunity.
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