DO NOT BUY A PROPERTY IN DUBAI WITHOUT WATCHING THIS - 2024 DUBAI REAL ESTATE MARKET UPDATE
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- เผยแพร่เมื่อ 3 มิ.ย. 2024
- Discover the pulse of the 2024 Dubai real estate market on my channel with the latest podcast episode. Join me, as I engage in a riveting conversation with Dr. Anand, unveiling essential market updates and insights. Whether you're an investor or potential buyer, this podcast is your go-to resource for navigating the nuances of Dubai's real estate landscape. Stay informed, make strategic decisions, and embark on your property journey with confidence. Tune in now for a deep dive into the current state of Dubai's real estate market!
Timestamps:
00:00 Intro
02:25 How Is The Estate Of Dubai's Real Estate Market
07:42 What Are The Trends of Dubai's Real Estate
11:20 Investment Opportunities for International Investors
14:11 Annual Report of Market
21:10 Internal Migrations & Challenges
22:10 RAK & Dubai
#dubairealestate #propertyinvestment #MarketUpdate2024 #realestatepodcast #DubaiPropertyInsights #investingtips
I know nothing about real estate, but after 7 years in crypto I know how to detect euphoria and desperation, and by the way these guys talk this is peak euphoria, which usually means that we're close to the top.
Dubai is great, I am from Seattle, USA and love it out here. Dubai is light-years ahead of many American cities. Bought my first place in 2021 and planning to buy another soon!
Hi, contact me if you're looking to purchase through mortgage, I can help you with that
What are top locations to buy in 2024 thinking of 10 years?
Asking a real estate agent whether you should buy a home right now is like to asking an alcoholic whether they think you should have a drink lol. Homes in my neighborhood that cost around $450k in sales in 2019 are now going for $800 to $950k. Every seller in my neighborhood is currently making a $350k profit. Simply unreal. In all honesty, deflation is what we require. The only other option is for many people to go bankrupt, which would also be bad for the economy. That is the only way to return to normal.
Home prices will come down eventually, but for now; its best to offset some of your real estate investments and get into the financial markets or gold. The new mortgage rates are crazy, add to that the recession and the fact that mortgage guidelines are getting more difficult. Home prices will need to fall by a minimum of 40% (more like 50%) before the market normalizes. If you are in cross roads or need sincere advise on the best moves to take now its best you seek an independent advisor who knows about the financial markets.
For my part, I can relate to that. My benefits were clear when I started working with fiduciary financial counsellor Vivian Carol Gioia. I would always suggest seeking expert assistance in these situations so they can guide you through bumpy markets and simply provide you with indicators and tactics for knowing when to enter and exit the market.
I'd be glad to get the help of one, but just how can one spot a reputable one? How did you spot this Vivian?
“Vivian Carol Gioia” maintains an online presence that can be easily found through a simple search of her name on the internet.
I just Googled her name and her website came up right away. It looks interesting so far. I'm going to send a mail to her and let you know how it goes.Thanks for sharing truly!
Thanks for sharing! Very useful
The guesst is very knowledgeable and clearly understands the market well. Dubais prices are only going up over the next 2-3 yrs
Dr Anand is very knowledgeable person. Than you for inviting him as a Guest.
I am planning to come to Dubai from Bangalore and join a real estate company. Your podcast has helped a lot to gain prior knowledge of Dubai market
Mr Bhasin of Times Business channel India 😂 Eternal Bull.
Investing in real estate definitely is in my agenda for the year.
There are probably hinges and impedances out there but I'm sure I'll surpass them.
Making a fortune through real estate and property investments requires careful planning and strategic decisions.
Whether investing in residential properties, commercial real estate, or rental properties, the optimal strategy depends on factors like market trends, location, and your financial goals.
That so?
So what do I have to do?
Still kinda new to this.
Seeking guidance from a certified financial manager like "NATHAN TRAVIS COOK" becomes pertinent.
I completely agree with this perspective
Al jadaf waterfront still has good affordable rates and very good looking current existing metro station and future blue line connecting area to Dubai creek
Farooq ,Dubai is seasonal this Dubai in nearly full bubble and will burst soon keep my message safe for future
Thanks Zohaib for your openness and listening to feedback. I was probably one of those who wished you had a clearer summary, and you get my respect for reflecting on this. I look forward to your future videos on these exciting topics.
Furjan is an amazing area for investment for sure!
There are very few countries that do such a hard sell on real estate as Dubai and its real estate agents . There are few great things there but people that are moving are that don’t like what’s happening in India, Russia and Britain , those are 3 top nationalities buying real estate.
Where is the space to grow? Perhaps, land reclamation is the answer!
What is your opinion about Sportz by Danube in the corner of Sport City? Studios and 1-bedroom with or without pool in the balcony.
I’m interested in this answer also
Danube is a garbage developer. You should only buy Emaar as its state backed and has the monopoly on a lot of top projects.
questions to ask yourself: can I trust a Danube with a spill proof swimming pool on the balcony? Are they committed enough to provide the best quality? Has the management in Danube changed? what has been Danube's historical behavior towards quality?
@@devbiswas9593DANUBE DIAMOOOOOONDSSSSS has been advertised in every corner of the city 😂😂😂😂😅😅😅😅😅😅😅.. in taxis.. in metro station... On the benches .. on billboards.. and i dont think it's a real new project.. many projects are on the market for years. Or at least several months.. and the plot is still there.. they didnt do anything there yet.. (but it's true that DANUBE doesnt have a very good reputation ....even if Diamonds Will have CASA MILANO furniture, which is a pretty Good furniture factory , I saw the showroom three weeks ago...
Dubai is very futuristic in my country “every” house you rent is taxed %13 so we start to move our investments there 🎉❤
It has now been announced the MGM is going ahead with the project without a casino. How is this going to impact real estate now?
The bubble is about to pop.
Do Buy!
Its called GREED. I get worried when these experts push a narrative this hard.
100%
Their commissions depend on it
They are pushing the narrative but the facts line up
@@ParissaKhoury I agree, even though the property is empty they will say it's full
Thank you Jesus for the gift of life and prosperity. The success behind every rich person today is the decision they made for themselves, I'm so happy I'm able to acquire my second house in January even as single mom at 41 and I believe if things keep going well I would retire early,
All thanks to Mrs Nancy, I really appreciate.
Invest with what you can afford, stay in the game, persist and eventually you will reach a satisfying level of proficiency, Mrs Nancy told me that..
We humans are ignorant of profitability in digital investments and that has been the major issues limiting our growth..
Absolutely, though My family started with as low as $15000 actually because it was our first time and it was successful, she's a great personality in the state.
I would really appreciate your helps on her contact details, few of my friends have given lots of recommendations towards her, please🙏..
On media
*telllegram*
Between the line u talk about casino is also coming in dubai,
What are the best waterfront properties/projects to invest right now?
I would say District one! World largest lagoons I live there and it’s amazing in capital appreciation!
What makes you invest in the waterfront properties?
Average is so misleading, should just have the median home price reported.
if you have 1-2 million euro cash, what would you invest? Dubai Marina Condo?
Emaar beach front, dubai creek harbour
House of cards -
Omg what a bubble, cant catchup with Dubai housing prices.
is it possible to buy property in Dubai from cryptocurrency
Yes
Dubai accepts crypto, cash any and everything. Let me know if you need more assistance to buy any property if you serious.
Is apartment in Furjan a good location for investment? Does apartment loose value once purchased and put on rental? Is resale a loss or profitable? Such questions always put a resistance to put hard earned money in market. Hope some1 have qualified answers
I am trying to get away from this sustainable madness in the west. Net zero suicide. And Harvard also, they have gone DEI mad. I had hoped Dubai was a safe haven
Can anyone tell me why they cancel many projects (even if they have already been approved?) .. and why many Realtors say :" ohhhh,the project i suggested you to buy last week (but you DIDNT) now is totally "SOLD OUT" (😂😂😂😂😂😂😂) ...and then you see the same project advertised two weeks later by the same realtor (or other ones) .. you know what does it mean? That the 🤡 clown of the "realtor" lied to you...!!!! To sell the apartment at any cost.. cause if the Building had been really sold out there would not be reason to advertise it.. cause it would not be in the real Estate market anymore..!!!!🤷🤷🤷🤷🤷🤷.. and you know why they do this??? Cause probably there is not demand enough for all that supply!!! 🤷🤷🤷🤷🤷🤷🤷
No casinos in Dubai. It's an Islamic country why are developers pushing governments to build and approve casinos. That money from casinos will be haram.
İts haram for who enters and plays, everyone is responsable for his/her own soul
@@alexsorov1958 yes evry1 is responsible for his or her own action. but does this mean i can open a casino in my backyard when i know gambling is haram and say i wont gamble but if you come to my home u can gamble but know its forbidden in islam
Such a skewed perspective. Please don't go so pro-investor that you become anti-consumer. Big thumbs down 👎
Seems a very one sided account from people making money out of the hype. If the economy doesn't do well then be prepared for a crash.
It is advisable not to choose Dubai for employment as the market is worst and salary offered is pathetic. Better to move to Europe.
Ohh pls! You can barely save any money in EU. The taxes will soak ur blood
@@user-mr5it7hn2i exactly. On paper you think you’re getting paid a lot in the UK, until the taxes hit. Not only that but the huge rental prices, add on how it’s now very expensive to live in UK due to inflation etc, people are only working to get by.
This taxes fool a lot of immigrants. First they look at the pre tax salary and then what it buys them in Ghana. But you better take prices and taxes into account.
I DONT AGREE with this expert. All the money is coming from abroad to Dubai. America/Canada/Europe/China etc are seeing big slowdowns in economies and will enter recession.When this happens money coming to Dubai will dry up.Dubai is building property at huge rate to increase the population. I see bad times over next 2-5 years. BUT BIG opportunities for cheap late on.
I concur with you as surely as any sane mind would. Bubbles are not bad. When they grow it creates interest and when they burst they create opportunities.
I just want to know what he smokes ; all the investors I know are selling and taking a nice profit ;this guys is in delusion!!! LOL
If you go outside of CBD then price of rent is low even the property.
It will last 'forever'. LOL. Wait 4 years and buy it at 50% of the 2024 prices. Russians will be going home, lol.
The entire market is fuelled with cash money that developers are accepting. A war in Ukraine and a sanction on russia brings money to dubai, similarly for israel and iran and in the future china and taiwan.
Dr in what exactly? Medical Dr? This guy is a real estate peddler. Like a timeshare salesman