Hello Tahir , I have few properties in Dubai , I have rented them for last 3 years, Rents have become so less, when will rents go up again ? We are paying so much service charges on the properties, though rents are so low
Hi Telesam , yes the rents have dropped over the past few years but currently depending on the type of property you hold , rents have started recovering especially in the larger properties and in the town houses and villas. Also you can look at holiday rentals depending on which location your properties are.
Hi yes you can very well buy property in Dubai & intact Indians are amongst the largest buyers of property in Dubai. A 2 bedroom Apartment can start from as low as USD $ 250,000 onwards. Hope this helps 🙏
Tahir , Very well explained. I live in the USA and I want to buy rental holiday apartments/ Condos/ Penthouse/ commercial space. Kindly guide me or provide some insights
great insight but i have a specific query. is it possible to generate rent more than the mortgage for a villa? mortgage it for around 20 years with 20 percent downpayment, and then forget about it as rent can take care of mortgage and then flip it in 3.4 years. input is higly appreciated.
If your purpose of entering dubai is to gain RESIDENCE VISA, YOU HAVE NO CHOICE BUT TO BUY A PROPERTY. If your purpose is to work alone....then, there is no need to buy a property.
