Property Dubai

Sabeen is right. Its not as good as it glows in dubai.

The service charge and maintenance kills the landlords.

Also, the hype is built up again, property prices have already climbed near 2008 levels.

Keep in mind Expo 2020 for six months cant lead to unending consumer demand, whereas the supply is flowing in like anything.

These two anchor developments make every property look beautiful

-Mohammad Bin Rashid City in southern part on al khail road

-DWTC Central on south west (the site of Expo 2020)

So be it Dubai Investment park, JVC or Dubai Sports City

JAFZA Extension, your property consultant will refer to MBR City or DWTC Central to convince you.

They might very well be great investments but i just wonder where will the tenants come from for these millions of units being created??

'Hasil kalam' Dubai is great if you know its dynamics and RERA very well :)

Mr. Usman Qureshi

0) Learn some manners. You have already proven that you will be rude to anybody who will be stuck after commissioning your advice+services. Do you know what does the word "dealer" translate to in Urdu? ill help. It is "dalaal". I hope this brings you to your senses.

1) which 20 rules are you talking about? if there are any, at all, you should have posted a verifiable link/translation.

2) Your advice is not bad, but your argument is.

3) You have not mentioned how much does it cost to transfer money to Dubai.

4) Has Dubai govt. Apprehended those who were responsible for insane crash after 2008 global economy meltdown?

5) Has Dubai govt. Gotten rid of influence of capitalist banks and financial companies? Have they fired those advisers who failed to prevent a direct blow of meltdown like that of 2008?

6) Is govt. Insuring real estate in some way, or leaving it to the game of chance?

7) How much stake does Dubai govt. Have in housing projects meant for foreigners?

I fully agree with Mr. Amjad Tariq. We must maintain the decent language while writing in the Forum.

Regarding Dubai, it s a balloon and it is only good for those who are working or doing business. Investing from a country like Pakistan is a complete wastage in abroad unless the Investor has given the right of Permanent Resident or Passport. You have minimum right to claim if UAE or any other country deport a person with or without reason.

Thanks MBS. How is Ghurair Giga coming up in DHA? They are kicking back to life in Ajman, at a snail’s pace though.

Ghrair Giga is a project which is developing very fast and it is invested by a n Emirati company. It is recommended to invest in your country where you have many rights in the Law but believe it if you are not a European or American National, it will be very difficult to file a case with no support from our Embassies and Consulates unless you are in the list of top 1000 richest giants of Pakistan.

Ladies and Gentlemen,

Firstly, excuse me for not replying sooner I have been extremely busy with so much work here in Dubai.

Secondly, if I have offended anyone then please forgive me, my intentions are not to offend people and I realise I may have come off as being a bit rude.

Look I do not have to justify anything to anyone, I am merely looking to give advise as to the best of my abilities.

I know that Dubai is not a long term investment and I know and have repeated again and again that anyone who puts all their eggs(investments) in one basket(market) they are destined to fail in the long run.

Now if you are in this situation I would highly recommend to diversify your investments.

Dubai is artificial, but to think that besides the wrath of Allah sub. Any event like a global economic crisis will effect it in the long run, is the to think that the sky is pink year round.

The richest Pakistanis are doing business, holding investments and even living in Dubai. There must be a reason for this?

I do not agree with all the principals of this nation, however I dont have to, to invest.

If you do some google research you will find all the 20 new laws I will post them, when I get a chance.

At the end of the day in the next 200 years Pakistan is not going to be able to gain access to over 200 different nationalities as is the case in Dubai. They must be doing something right?

If you would like to invest of gain more information please feel free to talk to me or if you have a problem with me then find someone else but just know that I was at a meeting with the Director of Emaar and he told me the saddest news.

He told me about how they tried to launch their new development in Pakistan and there was 2 lines outside the office. One line full of normal people and another line full or ministers with their guards with guns, who came later and refused to line up with the rest of the people.

When the doors opened, the Emaar representative served the people that where there first and that is when the other line immediately started threatening that if they do not get served first no one gets served, long story short, the police where called and Emaar was told to leave Pakistan.

Not one property was sold that day to the crowd that would have sold the properties out in a matter of minutes and now Emaar has said that never again will they enter into Pakistan to sell their properties.

I have direct access to Emaar and DAMAC properties in Dubai but that is not the point, the point is that this is the condition of the people in Pakistan and those that know good investment know that Dubai is so good. Unfortunately the actions of a few the whole of Pakistan suffers.

I am giving everyone in Pakistan the ability to buy solid investment because I would rather a Pakistani brother than an Indian one. At the end of the day the most billionaires in the world are in India and they are all over Dubai.

You be the judge and make up your own mind as you are all grown adults. Just never trust someone that says that there is no risk in an investment, because that person has either no idea or is lying to you.

qureshi.usmana@gmail.com

Nice information.

I am sure many of you will think I am crazy but my husband and I just came into some money and we are considering investing in property…in Dubai!! Just wanted to ask peoples opinions on just how crazy or stupid that sounds…and in the unlikely event that you think there is a shred of sanity in this where do you think would be a good area to buy in Dubai. We were thinking villa’s and either the Ranches or Lakes/Meadows. I found this web site http://www.imexre.com Is his cost real?

The Dubai market is robust... And it will continue being robust for rental yield for the coming few years. If you are looking for price stability and a medium return then invest in Springs/Meadows/Ranches/Greens/JBR/JLT. You will get your yield of around 6% with the normal plus minus 10% value in price per year.

IF you want to be a little more aggressive then I would suggest picking up a portfolio of studio apartments in Skycourt Towers, Elite residence Sports city, Dubai silicon Oasis... These are upcoming communities where rental yields are 10% plus these days.

The dubai market is fragmented these days and the options above will always appeal to high income families or medium income bachelors.... Best of luck. Always browse on dubizzle.com for an idea of what prices are and only deal with known agents.

Pakistan market is more stable and a better investment if you go for the blue chips like Bahria, DHA, Multi, Fazaiya etc.

But if you have simply decided to put your money in Dubai, then I will recommend Manazel Al Khor project.

Dear Usman Qureshi, I am a late joiner of this thread, but have read through all previous posts to update myself. While I disagree with your assertion about Pakistan being an unsafe place, I find you and some other bloggers quite knowledgeable about Dubai properties. My question is, after JLL's prediction of 10% slowdown of UAE real estate in 2015, how do you see investment outlook changing.

http://www.jll-mena.com/mena/en-gb/news/175/jll-reveals-2015-top-trends-for-uae-real-estate

While it is already happening, do you see that Expo-hyped peak that was predicted for 2017 has already reached in 2014 and now a steady decline is eminent:

http://www.thenational.ae/business/property/more-signs-of-slowdown-in-dubai-property-market

Finally, what would you advise to someone who wants to own a freehold property in Dubai for investment cum living purpose (not rental). Let's say within AED 1 million range.

1) What would be the right time. Should someone wait till dust clears or move now?

2) Is there any villa or townhouse option in the range or just apartments?

3) What would be the best location and project from future value point of view?

Dubai is very good for rental returns but for property appreciation our own country is better, any nation who have stability and peace in their own countries they never invest in Dubai property, we have huge number of Pakistanis investors here in Dubai as they have nothing back home for investment or some bring their black money here in property investment, also some good salary earners buy on bank finance and pay their big housing allowances provided by their companies in banks installments and live in same apartment, after few years apartment become their own.

For normal Pakistani with few crore Rupees in hand its very risky to invest in UAE real state , the jerk is big here any time.

Dubai is a great place to invest in. If you want to sell a property, you can do so with SellAnyHome. It is an online home selling platform that can help you evaluate a home instantly.

Dubai is seeing a lot of real estate investment, with many Indian companies making big projects such as apartments and villas.

Thanks for sharing. I really appreciate it.

No, this is a fantastic investment opportunity; you can learn more about the costs for all of the places through ADCP.
https://search.adcp.ae/

I invested in Dubai back in 2008 when I was in gulf.
Alhamdolilla, sold my property at 1,50,000 UAE Dirham profit before Dubai started sinking & people lost billions…
But when it came to send money to Pakistan, without having a RP of UAE, I was in such a pathetic situation that makes a sorrowful story…
If you do not have RP or not a crook specialised in money laundering, do not invest there…

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I’m glad to see such a great discussion about real estate here! The current market is definitely interesting and seems to be evolving constantly, especially with trends shifting since the pandemic. I think one of the biggest factors influencing today’s market is the demand for suburban and rural properties, as many people continue to work remotely and seek more space. It’s fascinating how this demand has affected prices and inventory levels in areas that used to be more affordable.

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