Jameel replied on Monday, January 11, 2010 01:06 PM
I Think you should invest in Agricultural Land, dairy and Fish farms etc If You buy such Land near Main access Roads then their value will also increase as well as you can get lots of revenue, Now a days people are giving Poultry farms and Fish farms at rent and earn Handsome Money. Regarding real estate although prices has bottomed for last 3,4 year but still. Things are below Ground level because of Currency devaluation. I give you an example I Bought a plot in DHA phase 7 in July 2008. It was very good Bargain price and good Location too its price did not come down, but in same amount of foreign currency [UAE Dirhams] I can buy today in DHA 6. On the other hand I guess property Market will take a modest Jump in 2 years Time and that too in areas of residential potential. Ups and down are in all business, You have seen Dubai property example, Oil prices just in 2 years Fluctuated from 147 to 35 and now again 78. Same is true for Gold |