One br investment Imtiaz builder? Good idea?
Hi I don’t live in Dubai but I have several rental/investment properties in USA. Currently mortgage rates and real estate taxes and home owners association fees don’t offer a good ROI so I was thinking to buy a 1 br apartment in Dubai.
I’ve been to Dubai several times. I spoke to many friends and agents there and am interested in a 1 br by Imtiaz off plan. It is roughly $ 270k and they said if I pay 40% I get a 4% discount. Handover is in q1 2029. Thoughts on this? I was hoping to either rent furnished or flip. It is across the street from metro near jebel Ali. Looks promising to me.