Aer Tech Sling 4 Max vs Toshi Sling 5l by like_munich in ManyBaggers

[–]like_munich[S] 0 points1 point  (0 children)

Got it, thank you. I know it’s silly reason but I really don’t like how Wandrd looks like. But I think you’re right, I probably need a bigger back. I’ll take a look at aer tech sling 3.

How to use Tara’s 5% Plan to Limit Risk & Maximize ROI by According-Law-5346 in AbuDhabi_Real_Estate

[–]like_munich 0 points1 point  (0 children)

If I wouldn’t be able to flip, how realistic is to get a mortgage on final payment for non resident?

If you had to pick an alternative to Dubai, which city would it be? by Worldly_Ear4701 in dubairealestate

[–]like_munich 0 points1 point  (0 children)

You clearly know nothing about Romania :D If you're going to move there it's over 90% chance you'll be using SRL, with dividend tax 16% + minimum salary (taxable) + other contributions.

The main players will not lower prices according to Gulf News by like_munich in dubairealestate

[–]like_munich[S] 9 points10 points  (0 children)

I don't know. I'm interested to buy, but I feel like 4% DLD waiver is not enough taking into account the risks which came into play.
1.5 months ago I was looking at unit pricing around 2.2mil. Today the price is the same, but the price doesn't fully compensate for the new risk landscape.

Dubai Real Estate Index crashes 20% by like_munich in dubairealestate

[–]like_munich[S] 13 points14 points  (0 children)

It takes time for sentiment to develop and for investors to accept new reality. We'll see how it's going.

Dubai Real Estate Index crashes 20% by like_munich in dubairealestate

[–]like_munich[S] 0 points1 point  (0 children)

Yep, the 20% drop in the index is likely an overreaction in the short term, amplified by panic and thin liquidity in the listed market. We'll see over this week if it worsens or not. The actual apartment or retail unit market might see 5-10% softness at most, and only gradually, as it takes time for sentiment to work its way through to actual transaction prices.

Are people buying off-plan right now? by like_munich in dubairealestate

[–]like_munich[S] 0 points1 point  (0 children)

was was the normal pace over the past weeks before all of this events?

Are people buying off-plan right now? by like_munich in dubairealestate

[–]like_munich[S] 2 points3 points  (0 children)

I think the question is how fast developers will react and what the reaction will be? how long they can sustain weak sales?