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Updated over 7 years ago,

Khalid Akram's profile image
Khalid Akram's profile image
Khalid Akram
  • from Dubai, Dubai
  • Member since Sep 7, 2017
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Khalid Akram's profile image
Khalid Akram's profile image
Khalid Akram
  • from Dubai, Dubai
  • Member since Sep 7, 2017
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Khalid Akram
  • Dubai, Dubai
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Buying & Selling Real Estate

Selling what i bought in cash to finance 2 properties ?

Khalid Akram
  • Dubai, Dubai
Posted

I bought an apartment in 2012 for 350k in cash now im getting an offer of 500k  and i saved all the rental income of it, is it worth selling this one and finance other apartment and keep the extra cash in hand ? interest rate roughly between 2.5 to 3.5% no taxation on income or interest. 

Thanks 

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