UAE Property: 'Should I sell my off-plan Dubai apartment amid uncertainty or wait?'
Question: I bought a two-bedroom apartment in February from Emaar at Expo City, in Terra Gardens. It’s a first-floor unit of around 1,100 sq ft, for which I paid Dh2.237 million ($609,000). So far, I’ve paid 20 per cent towards the property , plus the 4 per cent Dubai Land Department fee. I’ve been feeling a bit nervous recently given the current geopolitical situation and uncertainty around…
You purchased a two-bedroom apartment in February from Emaar at Expo City, priced at Dh2.237 million ($609,000). So far, you've paid 20% of the property value and the 4% Dubai Land Department fee. You're contemplating whether to continue paying and aim for 40-50% before possibly selling, despite the uncertainty around property prices, or to hold onto the apartment until completion around 2030.
Written by urgent.news from The National UAE's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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