Great numbers, though very very risky (risk-adjusted returns aren't great). As soon as the market turns only slightly (e.g., is flat), you will make a loss due to the DLD fees. Leverage also works in the opposite direction. 120K properties are being launched in 2024 alone, that's far more than population growth. The market will adjust once these units get completed and there aren't enough end users.
You got the building descriptions for Marina Views completely wrong. There were no low-rise buildings. It is three 20-22 floor buildings - all sea view
@@SaadDubaiRealtor The indisputable fact is that your prelaunch information was incorrect. Pre-launch info gathering needs improvement for potential future buyers.
The demand will far outweigh the supply for the next 5 years. This is not a quick flip, 1 year minimum and best case around handover so there are much bigger gains than just 4%. Brokerage fees charged from the buyer not seller.
I said 3000 Dhs/sft, but Emaar surprised us with 2400 which is amazing! How did you reach 5000? Also in Seagate the first launch the sea view units were around 2000 dhs/sft, in Seascape around 2200
Great numbers, though very very risky (risk-adjusted returns aren't great). As soon as the market turns only slightly (e.g., is flat), you will make a loss due to the DLD fees. Leverage also works in the opposite direction. 120K properties are being launched in 2024 alone, that's far more than population growth. The market will adjust once these units get completed and there aren't enough end users.
You got the building descriptions for Marina Views completely wrong. There were no low-rise buildings. It is three 20-22 floor buildings - all sea view
Thank you for your input, this video was released many day before announcement. This was based on pre launch info
@@SaadDubaiRealtor The indisputable fact is that your prelaunch information was incorrect. Pre-launch info gathering needs improvement for potential future buyers.
Sure buddy, I'll call you next time to cross check
@@SaadDubaiRealtor You seem like a very rude agent with no manners and no capacity for constructive criticism. Nice for everyone to see
Yes, people are smart enough to see who is rude here. Thank you and have a pleasant evening
What is the supply and demand number for 2025? - flipping only works if prices keep rising more than 4 percent dld fees 😅. What about brokerage fees?
The demand will far outweigh the supply for the next 5 years. This is not a quick flip, 1 year minimum and best case around handover so there are much bigger gains than just 4%. Brokerage fees charged from the buyer not seller.
Nice video
why would it be 3000-5000 sqft when seascape and others were sold at 1800+?
I said 3000 Dhs/sft, but Emaar surprised us with 2400 which is amazing! How did you reach 5000? Also in Seagate the first launch the sea view units were around 2000 dhs/sft, in Seascape around 2200
@@SaadDubaiRealtor what price did they actually launch?
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@@SaadDubaiRealtorsorry I can't find that comment?
Seagate - 2000
Seascape - 2200
Marina Views - 2400