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Dubai

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  • Dubai

    Anyone know if its worth investing here, i have been asked too get involved in an off plan venture, guaranteeing a 15 to 20 percent return in 6 months.

  • #2
    So far as I'm aware, Dubai is regarded as a property bubble.

    If anyone is making any income/growth guarantees, I would insist they provide them in writing in such a way as to be legally enforced in your local jurisdiction, in the event that this claims are not played out.

    Personally, I would try to focus more on the long term - ie, 6 years instead of 6 months. Little point being drawn into a short-term gain if it gives way to long-term pain.

    2c.

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    • #3
      yes i agree with that.think long term

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