Ehab
Apr 22, 2009 at 02:37
We hope there will be another sort of price fall down. Because, for no reason it came up, why? We don't know. Suddenly we've heard that 1 bedroom for 60 and again 70, and 80, and even 140. We are expecting the same in Abu Dhabi and Alain (inchalla).
Shaban Jbarah
Apr 21, 2009 at 07:30
In July 2009 I guess a 20-30 pct drop; in Nov.2009 I guess 15-20 pct drop, in Feb 2010 I guess a 30-40 pct drop.
Now 1 bedroom flat 80 000 Dhs
July 2009 60 000 Dhs
Nov 2009 50 000 Dhs
Fep 2010 30 000 Dhs
Note that the rent still high comparing with the world, so my guesses was for minumum drop..
In sharjah the target for single bedroom flat is 12000 - 15000dhs yearly ... that should be within 9 months max.
Kaptain
Apr 20, 2009 at 08:17
It should fall 60-80%, considering the massive exploitation of expats for rents.
Had locals been put to such trials, nothing of this sort would have originated.