- Because there's no point paying increased rent. Better to create equity and sell it off when leaving the country.
- Even rents are too high, so pay bit more and own
- As an investment and at the end I will have a valuable apartment for my children
- Bought up in Sharjah so can't survive any where else
- Long term investment plus may use it as main property one day when we retire.
- Rent hikes forced us to buy!
- The need for extra accommodation is evident in the number of expats working in this part of the world - hence the demand for accommodation would be greater short term
- Safe place for investment; had a good trend of capital gains at the time when I started investing in 2005; now I realise that it has a good rental return as well
- Better return - assumed
- Looking for a better return than everywhere else.
- Security and prosperity
- It is better to buy than live in a rented house
- To let it out for a couple of years and then sell at a decent premium
- Buy to live and to let and ultimately to make an investment
- With view to live in next few years.
- Good rental yields !
- I expect that the price will be going up. So it will be a good opportunity for buying now
- I wish to buy a property for long term investment and secure some funds for future. In addition I wish to buy to secure a residency permit for myself and my family.
- Need a stable investment in safe area
- Cost benefit analysis...payment of instalment should be around the rent being paid in bur Dubai/Karama. Better buy and make an asset!!!
- Believe returns in UK market in near future may decline
- Mixed reasons. Rent is too high in Dubai, and I prefer to use the money investing in real state in a good property, to be used by my family while I am in Dubai, and to rent/sell in the future.
- Buy to live as we are planning to stay in Dubai long term
- We are an Australian Real Estate Agency, licensed to sell Dubai Properties. Our clients are attracted to Dubai due to its safe, secure cosmopolitan lifestyle and excellent capital growth and returns.
- I feel so far it's good for investment and may be at a later stage we might even go and live there for a while.
- Secure, return expectedly better
- Escalating rents make it attractive
- Offset rent if the price is right.
- Currently investment, later holiday home
- Wasting rent anyway. Might as well buy. Rent=Mortgage.
- Have bought a home to live in plus investment properties which I may rent or sell on.
- The Accommodation rents are very high, it is better to own a place if it is within the rent we are paying.
- First to live, but obviously for investment as well.
- I want to buy a house to live
- Also use as a holiday home or settle down in Dubai later in life.
- Short Term Let & Own Use
- Investment now and to live in the future
- Holiday home
- Don't want to rent
- Initially to live, but considered an investment property as well.
- Rent is getting too high
- Rents are getting too expensive
Reader comments: Reason for buying in the UAE
Readers main reasons for buying property in the UAE were largely because they wanted to stop paying rent, but most also saw it as a good long-term investment.
- United Arab Emirates: Thursday, October 11 - 2007 at 16:50
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Readers' recommendation
This story is currently rated 7.46 of 10 based on 13 readers' recommendations
This story is currently rated 7.46 of 10 based on 13 readers' recommendations
Posted by staff reporter
Thursday, October 11 - 2007 at 16:50 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
Thursday, October 11 - 2007 at 16:50 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
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Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com
Any opinions, advice, statements, offers or other information expressed in this section of the AME Info Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AME Info Web site.
For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions
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