if you had 1.2million USD to invest in dubai, would you buy a villa or 3-4 smaller apartments units.

let me know your thoughts.

thank u

Greetings!

Full Floor/Half floor/Quarter Floor is adivsable in that budget, Buy and sell in shorter span to capitalise the returns.

Regards.

I quite agree, when it comes to Dubai go for the quick return (at first) and todo this you cant go for the villas (most of the time)

Hi
Through my extensive work sourcing lucrative property investments for my clients (as a buyers agent) I can recommend you to buy off the plan property. This way you are ripping the best capital gains and if you keep the property you will also rip the best rental return.
I will recommend to spread your investments over different areas of Dubai buying some medium -long term property investments and some short term property investments.
Dubai can be very confusing with the fact that there are lots of new developments and it is very hard to know where is a good place and what development is good and safe to invest your money with.
Please don't go with anyone who tells you anything -make your research first as there are a lot of real estate agents out there that will sell you anything just to make themselves a quick dollar. believe me I know as I don’t work for any individual developer or real estate company and I constantly searching and investigating good property deals for my clients I came across some real cowboys.
I wish you good luck with your investments and please do not hesitate to contact me if you have any question about Dubai property market.
I have lots of knowledge which I'm happy to share with anyone.
Yours
Erez

How did tens of thousands of Brits end up with city centre properties in places like Manchester, Leeds, Colchester, Bristol and Leicester that HAVE NO RENTAL DEMAND?

My fellow investors it is essential you do your own homework and ignore the 'advice' of agents. They will not be around to help you let your properties.

Exactly who is your future tnenat, where will he come from?

Test it right now. Call these selling agents and pretecnd you have a place ready to let. Lets see how helpful they are when it really comes to the nitty gritty.

Im not saying you cant make money in Dubai but you must recognise some poeple will not fare well. The trick is to decide which category you will fall into.

REMEMBER; All property is descibed as 'luxury', 'unique' or 'an investro special'. This is all just meaningless hyperbole.

ASK YOUR AGENT RIGHT NOW FOR ABSOLUTE 1005 PROOF OF THE WAITING TENANTS. Then go test the tenant demand yourself.

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Been investing abroad a few years. Always amazed people invest in places that produce just a few months rent per year

Investy, i think the advise you give is excellent and any individual with little experience should really be taking notes. For me a development can only be described as luxurious if it has an elevator (especially if its 4 or more floors) and its spacious with a low density of apartments in an excellent area.
Everything these days seems to be luxurious in center of CBD and only a stretch of the legs away from amenities. Google Earth is a great tool i think as it give invaluable information on the location and the proximity to important locations.
I have seen pictures taken from developments showing how close the development are to lakes, sea etc and i cant understand how they get it to look so close. On Google Earth it looks like a 5 or more minute walk to the lake and a good 15 - 20 minute or more to the CBD. But its been described as a 5 minutes to the CBD by the developer and agent when this has to be impossible ! Research is the difference between poor man and a rich man.

Hello GW, Would you give us an example of how you would invest the above budget ? As i think it would produce a great topic for discussion.

thank you for your responses guys, some very useful info coming through...

Dubai - would Warren Buffet buy there?

No. He gets scared when everyone else is buying, he gets interested when everyone else is scared.

Dubai is at the top of the current cycle. Places for investors are the US and Germany, not Dubai.

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Been investing abroad a few years. Always amazed people invest in places that produce just a few months rent per year

Investy. I think the US has much more to fall before its time to get in. Dubai isn't for me either.