Is it advisable to buy an apartment at motor city or villa at the Ranches?

I would say go for AR.. 1). Emaar is better as a developer.. 2). AR has lower maintenance fee. 3). Villas are better in terms of capital appreciation. and many more reasons.. but too sleepy at the moment! :) Happy buying..

Look, if you're buying to live then you should first and foremost choose the place you'd like to live in most, however if you're buying because you think you'll be saving money and for investment purposes, then you have to think about which would be lower cost to run and easiest to sell. A few things to consider: 1. There are more apartments than villas in Dubai 2. Apartments have higher community fees 3. Villas usually need more repairs and maintenance which will essentially cost more 4. As others have mentioned just because you buy here doesn't mean you can stay 5. Mortgages can go up without notice and most mortgage providers "variable" rate is variable as in it can go up, but doesn't go lower than what you signed up for. 6. When you buy you have to pay 2% transfer fee to the land department, 2% agency fee (if buying through an agent) 1% mortgage fee so if you've calculated on a 20% deposit, make sure you add another 5% as you will have to pay them in fees. Also you have to pay 1000 mortgage registration fee at the land department on top of everything as well as around 1000-2000 to DEWA. 7. If you buy a leased property you cannot kick out your tenant you must honor the contract, if you're moving in you can give 3 months notice, although you have to prove you have nowhere else to live and you could have a fight on your hands.... 8. if you are unable to keep up your mortgage payments, you can end in serious trouble which can lead to jail 9. Most properties aren't built that well, although if you look at the Lakes and the Greens for example they've been here for around 10 years and they're still standing, and they're some of the worst built as they were the first ones without any standard at all. 10. Villa in Arabian Ranches is fairly easy to rent out, so if you move and can't sell but need to rent, it would be pretty straight forward to find a tenant as long as you're not asking ridiculous prices. With all of the above, I still think buying property here can be a good thing, you just have to have your finances sorted, and make sure you're not going to get yourself into trouble.

Making a long term commitment to your mortgage is necessary, are jobs that safe here, you do not have the rights to abode, even thou you may own property. Alot of properties are basically thrown up, structures can be very poor, and high fees, Is this all worth it, just to save paying rent?????

At work I sit opposite a guy who has owned two properties in Dubai. He speaks excellent Arabic, he is from Iraq. He swears he will never, ever, ever buy a property in Dubai again. Particularly the bureaucracy, the numerous payments for this permission or that procedure to buy or to sell.... Of course there are no taxes, just multiple fees and payments to make the process work. He has taken years to sell one of his properties. We have lived in both Motor City and Arabian Ranches (twice). We have observed villas on the Al Wasl road that are less than 10 years old being removed and replace with new......villas. We once lived next door to an executive from Arabtec and he commented that property here might last 10 years but no longer. The conditions are so severe. Personally, if you wish to buy I would advise Arabian Ranches where prices seem to have held up surprisingly well. Where else in Dubai can you look at a relatively mature and stable residential environment where someone will not buy the property next door and then build whatever structure they like there. Good luck. Remember this is not a developed property market with a well established resale market. Also remember that law, contract law, commercial law, employment law and indeed any other sort of law, is not the same as you see in many other countries.

If your job(s) are secure and if the motagage and other costs together are less than you are paying in rent then you could consider it. But bear in mind you have to be able to sell it In order to get your money back or to walk away before you have finished paying it off. My concern is that these places are just not built to last and you could end up with big bills for maintenance.