What should an investor do if they are considering Business Bay now

If an investor is adamant about Business Bay they should focus exclusively on the secondary market or unique luxury projects. Buying a standard off plan unit at 2500 dirhams per square foot is risky when ready units are available for 1700. The smart…

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If an investor is adamant about Business Bay they should focus exclusively on the secondary market or unique luxury projects. Buying a standard off plan unit at 2500 dirhams per square foot is risky when ready units are available for 1700. The smart move is to find a high quality ready apartment potentially renovate it and rent it out immediately capitalizing on the lower entry price and existing rental demand rather than waiting for expensive off plan delivery.

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