PPRuNe Forums - View Single Post - Dubai's Palm Jumeirah sees prices fall over 40 pc as crunch moves in
Old 3rd Dec 2008, 15:39
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Jet II
 
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Originally Posted by BITE System
Depends when you purchased your property. Yields can be as high as 20% to even 23%
I'm talking about prices that are applicable today.

In fact I was talking to an investor here and he bought 3 properties last week to rent and his yield is almost 15%

Originally Posted by ferris
What depreciation are you applying to get a yield like that?
Not factoring in any capital depreciation or appreciation - nobody can see into the future which is why I apply sale prices from today.
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