Brand new Apartment in Dubai for Crypto

[Ozeekhan]

*Project: ACACIA AT PARK HEIGHTS DUBAI HILLS ESTATE  EMAAR PROPERTIES*

https://youtu.be/NYD8Ox9F9ZE

• 2 Bedroom
• 1601 Sqft.
•Partial Park and Pool View
• Completion *May 2019*
• *10 % Down payment already done* 200k aed
• 10% over construction (due now) 200k aed
• 20% on handover (may 2019) 400k aed

• 60% post handover over 4 years until 2023
Purchase price 2.017 Million

[checkmatesir]

2.017 million what? do you mean UAE Dirhams?

[Iqra.s]

*Project: ACACIA AT PARK HEIGHTS DUBAI HILLS ESTATE  EMAAR PROPERTIES*

https://youtu.be/NYD8Ox9F9ZE

• 2 Bedroom
• 1601 Sqft.
•Partial Park and Pool View
• Completion *May 2019*
• *10 % Down payment already done* 200k aed
• 10% over construction (due now) 200k aed
• 20% on handover (may 2019) 400k aed

• 60% post handover over 4 years until 2023
Purchase price 2.017 Million

Is it for sale or for rent only?

[royserpa]

2.017 million what? do you mean UAE Dirhams?

2.017 million BTC obv

[Zemomtum]

Let us leave the matter of price and put it aside. The seller does not provides assurance that will cover the buyer. What security covers the buyer? what are the condition? What happens when the condition fails? total forfeit of contribution or partial? Many questions to answer

[alina345]

Dubai is known for its real estate offering for Billionaires and Rich Moguls traveling in the Middle East. What was once known as a fishing and pearl fishing city is now home to one of the largest reservoirs of oil and blockchain organizations in the world. I believe Dubai has massive potential to sell real estate for cryptoassets such as the "EmCash" or Bitcoin.

[btcltcdigger]

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

[JohnBitCo]

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

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.

[btcltcdigger]

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

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

[JohnBitCo]

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

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