A market report discussing the transactions that happened in October & November 2017 on the Palm Jumeirah. Also discussing the current market conditions for real estate brokerages. Full Report Below (Vlog)
October 2017 Stats :
Total transactions : 87
Villas & Townhouses : 5 - (6%)
Apartments : 25 - (29%)
Land : 13 - (15%)
Oqood / Off plan : 44 - (50%)
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November 2017 Stats :
Total transactions : 104
Villas & Townhouses : 2 - (2%)
Apartments : 34 - (33%) Land : 4 - (4%)
Oqood / Off Plan : 64 - (61%)
All figures are from Dubai Lands Department (DLD)
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Stay tuned for a Palm Jumeirah 2017 end of year market report out next month. Looking at each quarter and the full year. Looking at trends in both rentals and sales.
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Kempinski Deal Highlights
▪ Guaranteed Rental Return (NET) for 5 years after construction, will confirm exact figures on our brochure
▪ Guaranteed Return On Investment For construction Period (until Commencement Date of the Hotel the Guaranteed Yield of 8 % p.a. shall be paid on all amounts, transferred by Investors towards the Purchase Price)
▪ 2 Year Post Handover Plan
▪ No Service Charges on the unit
▪ Free 14 nights usage of the unit ever year
Please feel free to get in touch.