All Forum Posts by: Afreen Khan
Afreen Khan has started 1 posts and replied 2 times.
Post: Would you ever invest in Dubai?
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Dubai Real Estate Market can now be defined by two things: dropping prices and an over supply of real estate.
However, even in its 6th year of declining prices, sale transactions have been increasing.
Could it be fear buying, a post pandemic result? Or has real estate become for everyone?
The city has a range of products from affordable housing to designer properties by designers Elie Saab and Bvlgari and each and every unit with a premium finish. Investors can purchase freehold property which entitles the buyer to land ownership as well. Many investments now offer buyers attractive visa and business licenses which can be used to buyers benefit.
But is this enough to invest in Dubai? I'd love to know your thoughts.
Post: How would you invest $1 million?
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I would invest in a range of properties in UAE where 1 million dollars can get me a lot more. With the market in its 6th year of declining prices, I would find premium, high end properties and affordable housing for a steal. The market has also shown a steady rate of rental returns, especially in the affordable housing market and the high end designer properties that Dubai has to offer.
With the short term rental market finally starting off in Dubai, as people get over the craze of 7 star hotels. There are many projects with payment plans being offered to investors that are being developed to cater to this niche. Furthermore, with no property or income tax in the UAE, I can enjoy 100% of my rental yields.