Yeah the price is definately in AED.
Howeverm 1 AED = 0.27 USD, so that makes this apartment like half a million dollars.
Good luck
Howeverm 1 AED = 0.27 USD, so that makes this apartment like half a million dollars.
Good luck
This apartment will only be bought by anyone who is in UAE. Also I know the property prices have come down a lot after the recent oil crisis in the middle east. In future you may see a further decline in the property rates and rent rates because now very few people will travel for visits to Dubai after the pandemic. Half a million dollar is a very high demand for this apartment.
Actually the price isn't half bad for the region and location.
Not good, but not bad either, it's what you'd expect. Gotta remember, Dubai is the New York of Middle East, and there'll be plenty of rich asians willing to shell out money for it
Dubai is one of the most wanted place to live in asia but times are changing quickly. You find few articles from Khaleej Times and other local newspapers telling about the tough times in Dubai. The coronavirus pandemic has hit hard vital economic sectors of the Middle East.
Also the Expo 2020 which was hyped too much is postponed to 2021 due to covid-19.
Huge investment decline in Dubai and disappointing “Expo” hosting gains
