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dubai freak
Joined: 03 Mar 2005 Posts: 881 Location: UK
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Posted: Tue Nov 15, 2005 7:49 pm Post subject: Prices of apartments in the Marina Area? |
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Lighthouse wrote:
| Quote: | | The apartment prices have come down a bit and there are apartments being sold in Dubai Marina for as low as AED715/sqft in buildings that are going to be ready in 12-18 months. However the finished ones, are going around 900+ depending on view and that is why we want the damn thing to be finished quickly. I do not know what views you have from your apartment. But the prices of prime marina view completed apartments at the edge of the water are just under 1,000 psqft. |
Does anybody know what criteria the Sq/Ft price is loosly based on when it comes to apartment resale, i.e. Does it include the balcony area, or is it just the interior space
Cheer's |
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lighthouse
Joined: 15 Oct 2005 Posts: 145 Location: Dubai, UAE
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Posted: Tue Nov 15, 2005 8:36 pm Post subject: |
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Usually the balcony space is included in the total, since developers themselves include it to compute the total when signing the contracts. What the sellers quotes is what is mentioned in the contract.
Interestingly, certain developments do not count the balcony towards maintenance fees. Eg: Burj Dubai Residences (Emaar)
Cheers, |
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minime
Joined: 15 Jul 2005 Posts: 98 Location: Dubai
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Posted: Tue Nov 15, 2005 9:01 pm Post subject: |
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just wait until the marina is finished. prices will go up after all construction is finished... |
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