To an extent, you are right. However, the ubs bubble index was as of sep 2023 the market has increased steeply by 20-30%within this time window. So purely based on the index, won't you think now it is moving towards the overpriced territory?
Thanks for your feedback, I feel, we have to see how this Quarter 4 goes and it's performance, depending on how Transactions go we will get a better idea, what we can expect in 2025. And the new UBS Bubble Index report 2024 should also be out within this Quarter . Regarding the Overpricing, there are certain sections of the Market, which are Overpriced and some are Still Underpriced. So I believe we can't generalize saying that the Whole market has moved to the Overpriced Category.
The off plan is 30% more expensive to ready property(1-2 yr old) that's the reason why prices have skyrocketed. So be prepared for that kind of downward correction once the property is ready. Think logically it implies property which is still under construction is demanding way more premium than something that finished few year ago and generating steady rental income. I would say if you are not a punter/speculator in the market , go for ready property.
@@User50Ft what do you think is the reason of such a phenomenon? Also ready apartments demand cash without a payment plan. Not everybody can afford cash or mortgage. Offplan allows a flexible payment plans.
Yes, the Off plan payment plan is flexible, but the cash outflow required is significantly higher than the mortgage. Let say you buy a property for 1 million in 60/40 plan. 60% to paid in the construction phase of life assuming 3 years. This makes your monthly cash flow to 16.7k per month(mind average salary in dubai is 16k per month). It's simple and clear that as you invest in off plan, you are mostly competing with short term investor who want to make quick returns in a year time and then sell off the property. Hence, as this speculative buzzing tool, everyone wants to tap in the buzz. Once the property becomes ready, you may see negative returns as there won't be much buyer for such property as there is nothing much to speculate around it and exit from ready property requires significant cash outflow.
I'm extremely optimistic about Dubai's real estate market, particularly in affordable housing, where demand is skyrocketing due to a growing population, increasing affordability, and government initiatives.
The Golden Visa program will boost demand and absorb excess supply in Dubai's real estate market by attracting high-net-worth individuals and families with its offer of long-term residency and increased flexibility.
I'm concerned that global economic uncertainty, fueled by trade tensions, geopolitical risks, and currency fluctuations, could dampen investor sentiment, reduce foreign investment, and negatively impact Dubai's real estate market.
Amazing video, I noticed that most people work for 40yrs to have $1M in their retirement, meanwhile some people are putting just $10k to $50k into trading from just few months ago and now they’re multimillionaires,.
If you’re new to investing or don’t have much time, it’s best to get advice from an expert. Investing without proper guidance can lead to mistakes and losses. I’ve learned this from my own experience.
Yes getting professional help is a smart move when it comes to building a strong financial portfolio that matches your long-term goals. It’s always wise to seek guidance from experts.
For an accurate understanding of demand and supply, observe the occupancy rates of apartments firsthand. Standing outside a building in the evening provides valuable insights. Be cautious of armchair experts and advisors who neglect key market influencers: - Global trade dynamics - Oil price volatility - Central bank monetary policies Real-world observations can be more informative than theoretical advice.
The Fed Rate Cuts, will pass on to Dubai as well, as UAE Dhiram is pegged to US Dollars, we will see an increase in demand for Buying , due to increased interest to take Mortgages . The Current Prevailing Interest rates are already lower than compared to some of the countries of the Buyer Nationalities.
@@pragathipachipala729 - You are totally Right , majority of the Population belongs to the Labour Class, so they live in a shared accommodation, But The Rising Population figure is still a good indicator of People who would buy a property for self use or Rent as a tenant
To an extent, you are right. However, the ubs bubble index was as of sep 2023 the market has increased steeply by 20-30%within this time window. So purely based on the index, won't you think now it is moving towards the overpriced territory?
Property or stocks. Some analysts would always push towards buying. Takecare of bias
Thanks for your feedback, I feel, we have to see how this Quarter 4 goes and it's performance, depending on how Transactions go we will get a better idea, what we can expect in 2025. And the new UBS Bubble Index report 2024 should also be out within this Quarter . Regarding the Overpricing, there are certain sections of the Market, which are Overpriced and some are Still Underpriced. So I believe we can't generalize saying that the Whole market has moved to the Overpriced Category.
The off plan is 30% more expensive to ready property(1-2 yr old) that's the reason why prices have skyrocketed.
So be prepared for that kind of downward correction once the property is ready.
Think logically it implies property which is still under construction is demanding way more premium than something that finished few year ago and generating steady rental income.
I would say if you are not a punter/speculator in the market , go for ready property.
@@User50Ft what do you think is the reason of such a phenomenon? Also ready apartments demand cash without a payment plan. Not everybody can afford cash or mortgage. Offplan allows a flexible payment plans.
Yes, the Off plan payment plan is flexible, but the cash outflow required is significantly higher than the mortgage. Let say you buy a property for 1 million in 60/40 plan. 60% to paid in the construction phase of life assuming 3 years. This makes your monthly cash flow to 16.7k per month(mind average salary in dubai is 16k per month).
It's simple and clear that as you invest in off plan, you are mostly competing with short term investor who want to make quick returns in a year time and then sell off the property. Hence, as this speculative buzzing tool, everyone wants to tap in the buzz. Once the property becomes ready, you may see negative returns as there won't be much buyer for such property as there is nothing much to speculate around it and exit from ready property requires significant cash outflow.
I'm extremely optimistic about Dubai's real estate market, particularly in affordable housing, where demand is skyrocketing due to a growing population, increasing affordability, and government initiatives.
But what about the oversupply in the high-end segment? Won't that affect prices?
The Golden Visa program will boost demand and absorb excess supply in Dubai's real estate market by attracting high-net-worth individuals and families with its offer of long-term residency and increased flexibility.
I'm concerned that global economic uncertainty, fueled by trade tensions, geopolitical risks, and currency fluctuations, could dampen investor sentiment, reduce foreign investment, and negatively impact Dubai's real estate market.
Dubai's diversified economy, with tourism, logistics, and finance driving growth, will shield its real estate market from global shocks.
I've come to realise in my experience investing in stocks, real estate and all that, having the support of a financial advisor helps a lot
Amazing video, I noticed that most people work for 40yrs to have $1M in their retirement, meanwhile some people are putting just $10k to $50k into trading from just few months ago and now they’re multimillionaires,.
All thanks to Jaspreet Singh with his investment advice, at least I can afford a good home and also have to retire early.
Investing can be complex, so it’s smart to get professional guidance when building your financial portfolio.
If you’re new to investing or don’t have much time, it’s best to get advice from an expert. Investing without proper guidance can lead to mistakes and losses. I’ve learned this from my own experience.
Yes getting professional help is a smart move when it comes to building a strong financial portfolio that matches your long-term goals.
It’s always wise to seek guidance from experts.
Waking up every 10th of each month to $64,000 it’s a blessing to I and my family… Big gratitude to this same Jaspreet Singh🙌
Dubai is growing more and more by each passing day
When the adwice is to inwest it’s usually not correct. When the adwice is to not inwest in property that’s vwen vwe should buy
I'm sure the quality content you are making will make you star. One drop (subscriber) to ocean added.
Wow Ankit ! Very well explained the demand Supply dynamics!
Interesting and well researched video!
The rate at which new launches are getting sold out in a day or two indicates a frenzy , mad rush typical of stock markets about to crash.
Peak reached. Huge supply coming. Rents and prices will cool down. I don’t need to listen to anyone or see stats.
I strongly agree, world economy is heading into recession and commodity prices are falling. There’s no way the real estate market is immune to it
For an accurate understanding of demand and supply, observe the occupancy rates of apartments firsthand. Standing outside a building in the evening provides valuable insights. Be cautious of armchair experts and advisors who neglect key market influencers:
- Global trade dynamics
- Oil price volatility
- Central bank monetary policies
Real-world observations can be more informative than theoretical advice.
Great insight
It’s definitely in a very huge bubble anytime it will bust
very well explained ... great job with the numbers
Always excellent analysis. Keep up the great work. 🙏🏼
Thanks for sharing, very informative 👍
How will rate cuts inpact the market in dubai ?
The Fed Rate Cuts, will pass on to Dubai as well, as UAE Dhiram is pegged to US Dollars, we will see an increase in demand for Buying , due to increased interest to take Mortgages . The Current Prevailing Interest rates are already lower than compared to some of the countries of the Buyer Nationalities.
Nice one 👍🏼
The only correct answer is "Demand and Supply"
people are increasing but most of them living in sharing accommodation so we many not consider same units required as per head count I guess
@@pragathipachipala729 - You are totally Right , majority of the Population belongs to the Labour Class, so they live in a shared accommodation, But The Rising Population figure is still a good indicator of People who would buy a property for self use or Rent as a tenant