OVERHEADS OF OWNING A PROPERTY IN DUBAI - EXPLAINED! DUBAI REAL ESTATE MASTERCLASS BY TAHIR MAJITHIA

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  • Опубликовано: 11 сен 2024

Комментарии • 101

  • @shailendra1086
    @shailendra1086 Год назад +2

    Just a curious question what happens when in the building you own the apartment gets 30 yrs old & it’s time for demolishment … what compensation does the apartment owner gets

    • @ahmedaa1040
      @ahmedaa1040 Месяц назад

      Yes Mr Tahir
      Pls clarify.

  • @zeesmart6540
    @zeesmart6540 2 года назад +7

    Thanks, can you list expenses to pay if foreigners buy and rent property

  • @satyajeetpadhi2386
    @satyajeetpadhi2386 3 года назад +2

    Thanks a lot Tahir for sharing these information. It's really helpful. Stay safe.

    • @tahirmajithia
      @tahirmajithia  3 года назад +1

      Thanks 🙏 glad you found it helpful

  • @rizwanahmed2370
    @rizwanahmed2370 2 года назад +2

    Hi salaam alaikum Mr.Tahir really appreciable ur valuable information . I will be in touch with you as early as possible. This is Rizwan from India

  • @salavi7059
    @salavi7059 Год назад +1

    Salam Tahir. I am from USA and was looking to see if I could invest some money in UAE. This video was very informative. Thank you.

  • @apurvanair2056
    @apurvanair2056 2 года назад +1

    Nice video Mr.Tahir. But if you want to add timestamps then you can easily do that by using the RUclips feature.

  • @yeasirarafat4261
    @yeasirarafat4261 3 года назад

    Thanks Tahir, will catch you up in next visit to Dubai.

  • @fareenaramachandran4491
    @fareenaramachandran4491 5 месяцев назад +1

    Thankyou for useful info for the future.

  • @vijaykumar-ds9iu
    @vijaykumar-ds9iu Год назад +1

    Hi Mr. Tahir the video was super useful..

  • @aminhx
    @aminhx 3 года назад +3

    Love the explaination

  • @truthtobetold9816
    @truthtobetold9816 4 месяца назад

    Assalamu Alaikum Tahir
    Well explained. I was estimating the rental earnings post investment in Dubai and came across your video. Will indeed request a zoom call once i finalise. Thanks.

    • @tahirmajithia
      @tahirmajithia  4 месяца назад

      Walekum Salam.
      Thanks a lot 🙏 need any assistance with Dubai real estate feel free to reach out

  • @royalmirage2005
    @royalmirage2005 3 года назад +4

    This was very educative;thank u for the video .🇹🇿

  • @sherutigersonu
    @sherutigersonu 2 года назад +1

    Great video!!

  • @jhonnybravo2243
    @jhonnybravo2243 3 года назад +1

    Great videos man!

  • @fareenaramachandran4491
    @fareenaramachandran4491 2 года назад +1

    Thanks for you info.

  • @MoeMukhtar
    @MoeMukhtar 3 года назад +2

    Thank you for the valuable information. ✨🌹🙏🏼

    • @tahirmajithia
      @tahirmajithia  3 года назад +1

      Glad you liked it. Thanks for the feedback 🙏

  • @sekharur1166
    @sekharur1166 3 года назад +1

    Hello bhai.. I watched your video first time. I liked your detailing..
    I have question..
    Can I buy small studio in dubai?
    My monthly salary is 5500... I know you are smiling....
    Please if you have time please reply...
    Thanks 😊

  • @danielafful3751
    @danielafful3751 3 года назад +2

    Keep doing great 🙌🏼🙌🏼🙌🏼

  • @criticofthenarrative1382
    @criticofthenarrative1382 3 года назад +1

    Very helpful information

    • @tahirmajithia
      @tahirmajithia  3 года назад +1

      Thanks. Glad you found it helpful🙂

  • @vijayarajful
    @vijayarajful 3 года назад +1

    Good one!

  • @ForLearnedLotsOnly
    @ForLearnedLotsOnly Год назад

    Please elaborate with the appx percentages for service charges, and appx property owners association charges.

    • @tahirmajithia
      @tahirmajithia  Год назад

      It’s difficult to really put a percentage as it also depends on the type of building, amenities, location etc. also villas the service charges are way lesser than apartments

  • @yarsalanpk
    @yarsalanpk Год назад +1

    At a hihgh level, can you please name couple of areas or recommend some areas in dubai that have most occupancy on Airbnb and which type of property u recommend, studio, 1bhk, 2bhk, etc? basically properties that have good ROI and have most occupancy on Airbnb

    • @tahirmajithia
      @tahirmajithia  Год назад

      Downtown, Dubai Marina , Palm Jumeirah, JBR

  • @ForLearnedLotsOnly
    @ForLearnedLotsOnly Год назад

    Service fees of damac hills townhomes any idea...

  • @TsarOfRuss
    @TsarOfRuss 3 года назад

    How much do you think these fees will cost in an apartment inside Burj Khalifa??? a 700sqf apartment ... $500,000

    • @tahirmajithia
      @tahirmajithia  3 года назад

      The service charges in Burj Khalifa currently are approximately Aed 55 Dhs per sq ft so for a 700 sq ft apartment service charges would be around Aed 38,500

  • @QualityMarblePolishingDubai
    @QualityMarblePolishingDubai 2 года назад +1

    video is very informative, Dubai villas are very beautiful and quality built ones

  • @subramanyamkrishnaswamy4441
    @subramanyamkrishnaswamy4441 3 года назад +1

    Hi Tahir, very informative contents and well explained

  • @SMSM-id8jo
    @SMSM-id8jo 8 месяцев назад

    in that case it is better to rent instead of owning a property

    • @tahirmajithia
      @tahirmajithia  8 месяцев назад

      It only makes sense to rent if the rental you pay is way lesser than the mortgage you would pay for the same property usually it’s the other way around in dubai hence in most cases buying is better than renting in dubai

  • @narenhegneshwar637
    @narenhegneshwar637 Год назад

    Is there any proposed plan for a metro line to link JVC area ?
    Please apprise . Thanks

  • @jaadugar4344
    @jaadugar4344 2 года назад

    Sir can Indians buy permanent house in sharjah or have to lease it?!

  • @jorge21122
    @jorge21122 2 месяца назад

    Are service charges and maintenance paid by the tenant?

    • @tahirmajithia
      @tahirmajithia  2 месяца назад

      Service charges are paid by the landlord

  • @ahmedaa1040
    @ahmedaa1040 Месяц назад

    Sir how much is total service charge per month for 1000 sft Apartment At Al Gadheer Abu Dhabi

    • @tahirmajithia
      @tahirmajithia  Месяц назад +1

      I am not really an expert in Abu Dhabi but should be around 13-14 Aed per sq ft per year

    • @ahmedaa1040
      @ahmedaa1040 Месяц назад

      @@tahirmajithia
      Thanks

  • @zamzamkhan6984
    @zamzamkhan6984 Год назад

    Hi
    Is service charges per sq is to pay by year or month ???

  • @rune22143
    @rune22143 2 года назад +1

    Is there a tax on rental income from residential properties?

    • @tahirmajithia
      @tahirmajithia  2 года назад

      No you don’t pay any tax in Dubai on your rental income.

    • @jiti5034
      @jiti5034 2 года назад

      @@tahirmajithia But depends on country of residence. you might have to pay tax on "Global Income" not easy to escape the tax man in many western countries

  • @alilakhani9179
    @alilakhani9179 2 года назад

    What about insurance if the apartment or villa gets burnt or any other damages

    • @jiti5034
      @jiti5034 2 года назад

      Yes I also have same question

  • @RiazADAM-rf8te
    @RiazADAM-rf8te 3 года назад +1

    hi we want to invest in dubai property.

    • @tahirmajithia
      @tahirmajithia  3 года назад

      Hi. You can email me on tahir@trustedhomesdubai.com and we can discuss

  • @gracekouvali6903
    @gracekouvali6903 3 года назад

    So the costs amount to roughly how much per year?

  • @sku3119
    @sku3119 3 года назад +1

    He doesn't give an indicative cost structure with relevant examples.

    • @tahirmajithia
      @tahirmajithia  3 года назад

      The cost for every type of property varies depending on the type of property. Also certain costs are as per consumption for example: Dewa ( electricity & water) which can vary on the amount used hence it’s very difficult to give a cost structure. For any specific questions you can always email me on tahir@trustedhomesdubai.com and I can answer them.

    • @gracekouvali6903
      @gracekouvali6903 3 года назад

      That's right .... rough estimate of how much per year

  • @mohammedsalahuddinshariff7516
    @mohammedsalahuddinshariff7516 3 года назад

    if you buy property in dubai, are you allowed to work?

    • @azeem_uae483
      @azeem_uae483 3 года назад +1

      of course, you just need to have a labor contract with your employer.

  • @GetOmerHere
    @GetOmerHere Год назад

    How much usually are these owners association fees?

    • @tahirmajithia
      @tahirmajithia  Год назад

      It depends on the type of property and location. But just to give an idea for villas would be 2-3 Aed per sq ft per year and normal apartment buildings can be 12-22 Aed per sq ft per year

  • @gladdy8156
    @gladdy8156 2 года назад

    Who will pay for water heater ?

    • @tahirmajithia
      @tahirmajithia  2 года назад

      The tenant pays as it is a part of the electricity bill

  • @YouGotTriggeredLOL
    @YouGotTriggeredLOL 2 года назад

    Hi Tahir, I’m a real estate lawyer based in Toronto, Canada and I am interested in working in the same capacity in Dubai. Do you have any advice? Or resources or contacts that could be of help? Thank you!

  • @debjyotidutta582
    @debjyotidutta582 3 года назад

    Owning a property ....email??

  • @onairgallow1957
    @onairgallow1957 2 года назад

    What about property taxes?

  • @subramanyamkrishnaswamy4441
    @subramanyamkrishnaswamy4441 3 года назад +1

    Can you help me resell my off-plan property? I have a townhouse 3+1 (built-up area 1,991 sq ft ) developed by Emaar located close to DWC Dubai South. Property is under construction and handover by 2022 April, please respond to discuss further.

    • @tahirmajithia
      @tahirmajithia  3 года назад

      If you can email me all details on tahir@trustedhomesdubai.com we can discuss

  • @namerose5419
    @namerose5419 3 года назад

    Landload can possible to close empower account ? Empower impose any charges in non occupaying unit on LANDLOARD account even after close the account.?

  • @vahabarmenian5845
    @vahabarmenian5845 Год назад

    tahir dade

  • @nammalilleee3207
    @nammalilleee3207 Год назад

    Dubai is weird!

  • @ffkk6000
    @ffkk6000 3 года назад

    I'M.FAISE.LAND.LOD.INDIA.MOR.
    IM.MB.TOR.SOON.DUBAI.HY.2021

  • @ffkk6000
    @ffkk6000 3 года назад

    I'M.FAISE.TH.NISE.VALLS.HY 202Q