Thank you great video Do you think in this time its not worth to invest in studio? Specificly in project like elington. Or demand is not that great in this day Thank you for your answer.
I would say it's still a good investment as there will be solo travelers as well as couples who want an alternative to staying at the Wynn or Ritz Carlton. As this project will be finished close to the casino launching AND it's also in a location that already has tourist demand (beach, golf course), I think it's a good investment. If you'd like to get a unit and have me help you manage the investment long-term, please send me a note, and I'll be happy to help
Well, if the speed at which something sells out is a marker - then doing great. Ellington just launched their 4th project in RAK - Playa del Sol (see our video on it: th-cam.com/video/EeF2EpUDFj4/w-d-xo.html). In RAK it's generally a question of being able to find a unit while it's available. You can send me a message, happy to have a deeper discussion.
Im moving to RAK next week, this is the insight I was looking for, amazing info Alex.
Thank you great video
Do you think in this time its not worth to invest in studio? Specificly in project like elington. Or demand is not that great in this day
Thank you for your answer.
I would say it's still a good investment as there will be solo travelers as well as couples who want an alternative to staying at the Wynn or Ritz Carlton. As this project will be finished close to the casino launching AND it's also in a location that already has tourist demand (beach, golf course), I think it's a good investment. If you'd like to get a unit and have me help you manage the investment long-term, please send me a note, and I'll be happy to help
But studio is very pricey of Ellington… it comes in 2 bedroom price of mid developer
So it will difficult to sell studio at 1.1 million AED
How is Ellington Views 1 doing?
Well, if the speed at which something sells out is a marker - then doing great. Ellington just launched their 4th project in RAK - Playa del Sol (see our video on it: th-cam.com/video/EeF2EpUDFj4/w-d-xo.html). In RAK it's generally a question of being able to find a unit while it's available. You can send me a message, happy to have a deeper discussion.