the message board for Dubai English speaking community
Chocoholic wrote:We're not getting upset, but it;s greedy people like you that cause the constant increases in rent and constantly push the prices up. It's about time landlords learned a lesson. Plus Silicon Oasis is, lets face it, in the middle of nowhere, so as Scarlet says, the price is ridiculous, when you can get a 1 bed in International City for 55,000 Dhs. That should be more the price your looknig at.
For 75,000 Dhs you can at least live somewhere on Sheikh Zayed road.
dubaidog wrote:I agree with Chocs. For every month it sits empty, you could have reduced the rent and had it snapped up. I think DSO is in the middle of nowhere unless you work there. The agents really do over-value. I got my place for 35,000 less than they were asking....just by being realistic. There was an identical place across the road, and when they told me the rent I told them to get bent! THOSE greedy bastards kept calling with a reduction every time. Amazing how you go from 165,000 one check plus 5% to 125,000, four cheques, 5% included just by telling the agent to get lost. That place was just rented after sitting empty for 5 months, BTW.
You can only charge what the market will bear. If you get 75k, good for you. Not sure of the availability of places in DSO are, but when the building is released, I guess you will see what the competition is.
Alex1111 wrote:mmm,maybe my fiance works for another emirates company in dubai.
Your right,many properties empty at Marina/JBR.However,many are empty as the owners are waiting for the prices to rise a little more and then sell.Also,alot are owned by people using them for holiday homes.
However,the luxury end of the market is likely to be harder to rent unless u are willing to share a 2 bed and split the cost.If u want your own place then Int City and perhaps Discovery Gardens are ideal.Dubai needs more of these types of developments.This next next year DSO will also have a number of reasonably prices units.As for Mirdiff,I expect its just harder to rent as people want to be a little nearer to dubai maybe.
I'd like to know how people in other major cities like London and New York manage to pay the rent.In comparison Dubai is still cheaper plus wages are tax free.