DO NOT BUY A PROPERTY IN DUBAI WITHOUT WATCHING THIS - 2024 DUBAI REAL ESTATE MARKET UPDATE

Comments · 161

• VI

  @viviancarolgioao · 1 year ago

  Buying a home is challenging, especially if you're not paying in cash or avoiding a government loan. Even with just the minimum monthly payments on a 30-year mortgage, I’ll end up paying more than twice the value of my home. I was fortunate to buy before the market went wild, so I secured a good interest rate. I can't imagine trying to rent or buy in the current conditions.

  112

• RI

  @RizwanPathan-d5s · 2 years ago

  Living in Gulf countries is like u r at transit , it's not permanent.

  3

• AK

  @AK-rr4mc · 2 years ago

  Anand will build better credibility if he also speak of real risks to investors while promoting the city and motivating the brokers which is probably his day job.

  5

• MA

  @ManuelGrossi · 2 years ago

  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.

  28

• MS

  @Mstilalalghaf · 2 years ago

  Thanks for sharing! Very useful

  2

• OD

  @OdaiRealty · 2 years ago

  Dr Anand is very knowledgeable person. Than you for inviting him as a Guest.

• IN

  @investingacademypro · 2 years ago

  The Dubai real state market is almost 100% correlated with.... the SP500! not only with the intenational market. This guy have interests and is not telling the thruth. Supply and demand are a minor force in a highly financialized market, in which real estate is basically a financial instrument. The off-plan purchase market is in a big bubble that will burst, with big delays in the delivery of properties and bankruptcies of developers. All this is yet to come because Dubai does not escape the bubble. It's a little worse than 2008, although the market will recover 10 years later.  But 10 years or more is a long time. The population is growing at 2%, the expectations of doubling the population will not be met, much less with a major international financial crisis in the middle of the preference period.

  4

• RE

  @realestatewithabj · 2 years ago

  Excellent. I am really very impressed with both of you seniors. ❤

• MI

  @michaelwebsternz · 2 years ago

  Average is so misleading, should just have the median home price reported.

  2

• TI

  @titan1107 · 2 years ago

  I have been to Dubai first couple weeks ago.  There is definitely euphoria and desperation. It’s a beautiful and expensive city. Probably because there is no tax for local people. They have more purchase power.  I saw couple projects scheduled. It’s pharaonic. Development with 70 building per brand. 110 000 dwellings for some projects.  They will need to add lines in hwy because right now the traffic is super bad. But great experience ❤

• RE

  @ResoluteOne · 1 year ago (edited)

  Interesting. Very.

• ZZ

  @zzFishstick · 2 years ago

  The guesst is very knowledgeable and clearly understands the market well. Dubais prices are only going up over the next 2-3 yrs

  7