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 0:33 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
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.
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😉
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
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.
Thank you Ángel
love it man. thanks and would you please put a video of dubai sport city ? thanks
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
generly speaking, will the market be over supplied by all these constructions going on ?
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.
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😉
If i want to buy for 750K and resell after 1 year for 900K would that be possible ?
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