Hey, I am real estate broker in Dubai🇦🇪 And I'm happy to answer your questions on the topic of buying and selling real estate here. Feel free to write to me, I have time for you 🤝.
In this area - yes We have examples of districts in Dubai that on high demand, and price keep growing there, because apartments with good view there are limited (Beachfront, Bluewaters, Dubai Hills, units with direct park view etc) Dubai is just like other cities in the world - there are areas that are in demand and attractive, and there are areas that are not so interesting for end users, and therefore for investment.
If we talk about off-plan property from developer - no. It's 20% of price increase in one year while building in the process of construction (and I didn't count expenses for a property registration). Now not post covid period when prices was pretty low, and demand was very high. Situation has changed for previous two years. If we talking about ready apartments, in this price range it's possible to buy unit for undermarket price, rent it out, and resale it in 1-1.5 years. Then you'll get around 6-7% ROI from yearly rent, and can earn money on resale of your property with increased price. But better considering not 1 year but 1.5 at least
Your reviews are not correct. This project review is bad, bad construction and also people are complaining. How do you do your review? You need to either live there or know the place well and the builder well. Are you sure people who are going to be investing here will be living peacefully and the construction is good quality?
I live in this neighbourhood in building number 24. And the main message of this video is that it is a great place to investment in perspective of 1.5 - 2 years, on a budget of up to 280,000 USD This is really true, I am convinced of it and I'm in the process of buying a studio here now. Prices right now are low for this location
Hi, you talked about allot of developments coming to the market in 2-3 years completed, although you mentioned allot of competition for reselling, do you think their will be an issue of finding people to rent out these apartments ? Or will it be pretty easy and the population will have expanded inline with the supply of property available? Thanks😊
Hi Chris, yes, you are absolutely right - tenants will have more choice and many property owners will have to compete on price, but given the population growth and the fact that last year alone the rental value increased by almost 20%, the overall situation for landlords should not change much compared to the current situation, in my opinion. Thank you for your question😉
Hello there, I really appreciate the creation of this video. Firstly I must say that it meets all the questions that people have when looking to buy a property in Dubai. On the other hand, it is quite well explained and does not raise doubts. Thanks for this good video. -Ángel.
0:00 Start 0:27 Location 0:57 Why are prices low right now? 1:45 Why will prices go up? 2:45 How much can you earn from renting out? 2:56 Investment strategy 4:07 District overview 7:03 Amenities 7:44 Secondary market vs off-plan in Dubai 2024
0:00 Start 0:27 About 1:40 Some examples of prices 2:25 Lobby of Waves Grande 3:45 How district looks like 4:20 Who is this neighbourhood for? 4:55 How much you could earn from renting out? 5:33 Villas sizes and prices 6:06 Competitors 6:33 Conclusion
0:00 Start 0:33 Why is it so famous? 0:56 Why I don't like JVC? 1:52 Common situation in JVC 3:18 Is JVC cheap? 5:03 Who is your buyer? 6:05 Positive sides