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Buying property in Dubai
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penniesmakepounds_2
Posts: 82 Forumite
My dream is to buy a 2nd property in Dubai. Do any moneysavers own property out there? Where do I start? What are the pros/cons? Can I get a mortgage to buy property abroad?
There is nothing I can be, do or HAVE!!!!!!!!
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Comments
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If you are buying for investment puposes, you are about 6 years too late to make any money in Dubai.
If you are buying it for yourself, hope you like hot weather0 -
"total debt £1987 "
You have 2k of debt so why do you want to get yourself into even more debt!0 -
I have spent a bit of time in Dubai and the middle east. The standard of construction in a lot of cases is poor because there is so much stuff being built so quickly.0
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for short holidays dubai is ok otherwise any investment, especially property market is just hype there. I've tried this option a year ago and all my friends (who settled there) discouraged me0
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suniil wrote:for short holidays dubai is ok otherwise any investment, especially property market is just hype there. I've tried this option a year ago and all my friends (who settled there) discouraged me
they discouraged you to buy a property there or to settle there? the reason why?0
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