Jump to content

Dubai Lagoon.


malec

Recommended Posts


  • Replies 7
  • Created
  • Last Reply

I've heard of this project, isn't it the 50 Mid-Rises that are suppose to cater more towards the middle Class?

It does look nice. What is the project called? Is it "Dubai Lagoon"? What is "middle class" here? Or rather, how much would these cost versus some of those really upscale dwellings? Any idea?

Link to comment
Share on other sites

It does look nice. What is the project called? Is it "Dubai Lagoon"? What is "middle class" here? Or rather, how much would these cost versus some of those really upscale dwellings? Any idea?

Middle Class is probably around $250,000 for an apartment. Some of the upscale apartments can sell for millions.

The project is called Dubai Lagoon.

Link to comment
Share on other sites

Middle Class is probably around $250,000 for an apartment. Some of the upscale apartments can sell for millions.

$250,000, now that isn't too bad! Geez, around my area condos are starting to push $400-500k!!! I'd be interested to know what $250,000 might get you. How does it work there; if you've got money, they've got housing? Pretty welcome to foreigners? It certainly seems like Dubai in general is open and welcome to anybody.

Link to comment
Share on other sites

$250,000, now that isn't too bad! Geez, around my area condos are starting to push $400-500k!!! I'd be interested to know what $250,000 might get you. How does it work there; if you've got money, they've got housing? Pretty welcome to foreigners? It certainly seems like Dubai in general is open and welcome to anybody.

It's very welcome to foreigners, Dubai is a very safe and clean city.

The problem with a lot of housing is that it's sometimes hard to get an apartment, because many projects sell out before construction starts or you are put on a waiting list.

Link to comment
Share on other sites

It's very welcome to foreigners, Dubai is a very safe and clean city.

The problem with a lot of housing is that it's sometimes hard to get an apartment, because many projects sell out before construction starts or you are put on a waiting list.

So, on that idea, do you think a lot of companies buy out the projects ahead of time so they can sell individual units at a greater profit once the project is complete? Is that a practice allowed there?

Link to comment
Share on other sites

So, on that idea, do you think a lot of companies buy out the projects ahead of time so they can sell individual units at a greater profit once the project is complete? Is that a practice allowed there?

To tell you the truth, I'm not sure if the projects are sold out to private companies or individuals. I'm almost positive it's private companies, which is a practice allowed.

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

  • Recently Browsing   0 members

    • No registered users viewing this page.
×
×
  • Create New...

Important Information

By using this site you agree to our Terms of Use and Privacy Policy. We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.