REVEALED: Dubai's most expensive property sales

 

REVEALED: Dubai’s most expensive properties

10. AED18m
Bayside Residence apartment, Dubai Marina
10,515 sq ft

Tuesday, 22 Jan 2013 12:02 PM
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Posted by: Dude

Nothing meaningful to report in Dubai, so let's just inform people of property prices....lol

Posted by: Fricheur

WAW and who said real estate is expensive in Dubai !!! the most expensive transaction did not even reach $10 M !! for a 1,000+sqm in the most luxurious building in Dubai...
it is really a bargain and honestly cheap compared to any city in Europe, or Beirut or Honk Kong, Singapore, Tokyo .....

lets invest in Dubai again....

Posted by: Fricheur

@Telcoguy , u might have a point of view that applies to employees with risky jobs, but u are completely ignored people who owns companies and businesses for hundreds of millions, who can not leave and wont leave easily as long as the business is profitable in dubai. they are already taking the risk of dubai, and dealing with banks and liabilities. some people have invested a lot in that country to consider leaving it someday....
a villa on the palm will always be a villa on the palm even in 25 years and will have a decent resale value as long as it is well maintained and bought at a realistic price.


Posted by: Fricheur

@Grant, you are right concerning the limited and restricted space in other cities.
But what i meant is that IF YOU LIVE in Dubai , you can buy a decent property at a reasonable price. or even a luxurious villa on the palms at an acceptable price compared to other destinations..

I am not pushing anyone to invest blindly....

Posted by: Grant Holt

All those other place have restricted space avaliable and planning issues to overcome. Dubai is a desert with no such issues, so why a premium, cause its not for the build quality?

Look forward to hearing what you invested in in due course.

Posted by: Ronald

The term penthouse is rather loosely used in Dubai real estate spin, because it is supposed to denote the top floor of a tower, not all the flats, however grand and expensive. Dubai property marketeers have some of the most colourful and fictitious language in the world, Better Homes and all.

Posted by: Anil

There is a subtle and key difference between the words 'expensive' and 'high-value'. 'High value' means that even though you have paid a high amount of money for something, you have got an equivalent or higher value for your money. 'Expensive' means you have paid too much for something that is not worth the price. You have allowed emotions to play you.

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