The sale price I can understand, I’m just surprised and disapointed by the monthly costs of 600 dollar for maintenance and service costs of 8000 dollar yearly , which means one would still monthly pay around 1200 / 1500 dollars , which is equal to rental of decent appartment in marina or Jumeirah lake towers . If i buy property or invest , I want to get rid of monthly costs that Equal rental of an appartment around 1500 dollars . Its like you invest a lot of money in buying property , but when you later retire you still have these monthly costs around 1500 dollars for maintaince and service. Are service and maintenance in other areas in JBR also this high ? Anyway thanks for the interesting video and clear info
Hi, Kevin. Thank you for watching my videos. I understand your concerns. But owning property in Dubai in prime locations and not having any extra costs is not an option. This is wishful thinking. Moreover, owning an apartment in a prestigious residence and community will always be more expensive than owning a villa. So there is only one solution - look out for houses where you have more control over costs.
@@sanderrecommends thanks for good answer and pointing this out to me. this information is very helpful for my future decision and research . Kind regards Kevin
Good point. This apartment was bought to renovate and flip. Average flats in Dubai look much worse and tired after 15-20 years. But you are absolutely right about the white box and lack of character.
Hi, Guys!
Enjoy a new video from Dubai. Do you like the Jumeirah Beach Resort community and the early projects like Sadaf?
Fantastic presentation
Nice video keep it up from Pakistan
Thanks for watching, Nouman 🤝
Do you know rough estimate price of full renovation for the property?
Yes, we did it the entire project for our client. The budget was ~200,000 AED
The sale price I can understand, I’m just surprised and disapointed by the monthly costs of 600 dollar for maintenance and service costs of 8000 dollar yearly , which means one would still monthly pay around 1200 / 1500 dollars , which is equal to rental of decent appartment in marina or Jumeirah lake towers . If i buy property or invest , I want to get rid of monthly costs that Equal rental of an appartment around 1500 dollars . Its like you invest a lot of money in buying property , but when you later retire you still have these monthly costs around 1500 dollars for maintaince and service. Are service and maintenance in other areas in JBR also this high ? Anyway thanks for the interesting video and clear info
Hi, Kevin. Thank you for watching my videos. I understand your concerns. But owning property in Dubai in prime locations and not having any extra costs is not an option. This is wishful thinking. Moreover, owning an apartment in a prestigious residence and community will always be more expensive than owning a villa. So there is only one solution - look out for houses where you have more control over costs.
@@sanderrecommends thanks for good answer and pointing this out to me. this information is very helpful for my future decision and research . Kind regards Kevin
This place has absolutely no character. A plain white box. Even the furniture has no character.
Good point. This apartment was bought to renovate and flip. Average flats in Dubai look much worse and tired after 15-20 years. But you are absolutely right about the white box and lack of character.