Dubai Real Estate Warning! Why Smart Investors are Exiting | STRIGHT TALK Ep. 121
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- Опубліковано 11 чер 2024
- In this episode of Straight Talk Nezir Can and Cameron Deggan talk about the current state of the Dubai real estate market and why smart investors are considering an exit. Learn about the impending tailing off and why now is the time to act. Plus, discover how Turkey emerges as a strategic alternative for investors in the know.
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Timecodes:
00:00 - Introduction
01:30 - The Turkish Flag
02:41 - Dubai's overheated market
06:15 - The COVID effect & market acceleration
08:20 - Smart investor strategies
10:05 - Turkey is the Big Player
13:40 - Dubai vs Turkey Cycle
15:50 - Friendly Warning!
18:31 - Cameron's Final Thoughts & Predictions
23:13 - Outro
Thanks for watching!
#DubaiRealEstate #InvestmentWarning #PropertyMarket #TurkeyRealEstate #SmartInvesting - Навчання та стиль
Interesting take. However, I live and work in Dubai. There is actually a real demand for property due to high influx (due to changes of global geopolitical landscape). Not Saying Dubai Market won't go through a correction but markets alway go through cycles. Dubai Market has always recovered well and regulatory adjustments over the past 20 years helped the market to mature. And there are tons of reasons why Dubai will keep attracting investors (whether for tax reasons or political & economical stability, which is clearly not the case for Turkey).
Also, it's not about timing the market but time in the market, especially when it comes to Real Estate investments. In the long run potential is still massive.
Thanks for sharing.
As you mentioned, markets go through cycles, just like Turkey. However, you missed some of the main points:
• When the Dubai market experiences a drop, the Turkish market sees an upswing.
•Dubai boasts of being an entirely human-made city, while Istanbul's appeal lies in its rich history, cultural diversity, and unique geographical position, making it a compelling destination for investors seeking a blend of modernity and tradition.
Great anlysis from Cameroon.
Great to see Nez hosting. He truly is a humble and genuine and straightforward person. I will always remember meeting him. Anil Shivdasani
Thank you very much for the kind words.
@@ishratjeh2012 That's their job to sell and make some margin, and I am sure Property Turkey is genuine because I compared their quote with that from another company. Their service is phenomenal and they deliver. I wish I had finalized with them but did not, but if I make another investment then surely will.
Thanks for feedback
Very interesting assessment with a lot of useful information. I have a friend who wants to buy in Dubai! I’ll forward your video to her!
Thanks for feedback and sharing
Beautiful turkey.
I’ve been living Dubai since 2006 & I’ve seen this 3 times. 1st on 2008, 2nd on 2017 & 3rd on 2020 during Covid. I can assure that the next downturn coming next year after Ramadan. I just sold a unit because I feel what’s coming & of course I made 30% more than what I bought earlier this year. This guy is spot on & it’s just around the corner!
Thanks for feedback
This time is little different because of cop 28 and Indians becoming the biggest investor in Dubai. Where Indians go money follows.
I am in India currently and here Dubai property expo is all over the country. Because of Indian currency going down Indians are excited to Buy real estate in Dubai (Aed) real estate which is pegged to Dollar. Indian middle class will gobble up Dubai's property. When Indians buy they don't sell for long.
This time sellers will miss opportunity. 2026 is the best time to sell.
@akashgiri1985
Like they say, when the shoeshine boys start selling stocks to you, time to get out.
No offense but as per that statement by Robert kiyosaki uae is already showing cracks in the system so you do you but he's right uae is just too hyped.
@@akashgiri1985 I wish you were right!
@@markabhassan8405 in dubai, everyone is an expert now :)
He didn’t discuss about the Geopolitical and Demographics of property in Dubai versus Turkey.
do you expect a simular thing to happen here in turkey ?
In contrast, Türkiye has the advantage
This was an interesting content for me being a Turkish and living in dubai. I agree with him but very curious to see if we are right or not. Which i think we are.
Thanks for feedback
Very nice episode I know uae very well , tell me as member of NATO how Canadian can get tax advantage either investment in fund as well as individual property investment.
I remember 20 years ago they offered development lands almost for free for overseas investors to develop joint venture projects n Dubai. Nothing changed since then as so many empty deserts waiting buyers to throw money to hide away from xyz. Where Turkey is live and dynamic market where people mostly buy to move for new life. What will happen when Russians start & crypto millionaires start moving abroad when they finish they easy earn money?
Thanks for feedback
Very interesting discussion about Dubai market, I do have similar thoughts, but Cameron didn’t mention what will be the reason of getting slower or down Dubai market. Pls explain by next show or send me the reply individually.
Thanks for your feedback
So, the smartest thing would be to wait for the downfall of the Dubai market shortly and then buy there when it's cheap
Interested in investing REIT funds? How's that possible?
Kindly contact us using this WhatsApp number +908505325195
I am not an expert but as far I can see that the demand is quite high for Dubai Properties in 2023, and 2024.
Might it be possible to get the presentation?
For more information, you can visit our links, and we will be happy to assist you with everything related to choosing the most appropriate real estate investment or lifestyle in Turkey. You can also contact us directly on our WhatsApp number.
WhatsApp: api.whatsapp.com/send/?phone=908505325195&text&app_absent=0
Website: www.propertyturkey.com/?
Instagram: instagram.com/propertyturkeycom/
Facebook: facebook.com/Propertyturkeycom
Twitter: twitter.com/TurkeyPropertys
Many people also talk about investing in Turkey, so is it time to invest or exit? Reading the currency volatility ??
It's investment time for Istanbul. Even if the Turkish lira loses value, real estate gains value in dollar terms
Nice video istanbul is awesome very nice and dubai is artificial and very hot place i❤ turkey 🇮🇳🇹🇷❣
Thanks for feedback
But Istanbul is prone to earthquakes 😮😢.
is Cameron Deggan Turkish?
Turkish Cypriot I think
Interesting and great interview
Thanks for feedback
Turkish Vs Dubai realestate !!!! not even close its like comparing apples with oranges . Please provide links to stats and data to as High networth investors are exiting dubai .
4,500 millionaires migrated to Dubai in 2023. Chinese, Russians, Indians, etc, etc. Issues in those countries means Dubai is a safer property be for them.
1. Can you invest in commercial property within the fund?
2. Is then taking money out of the fund to pay yourself tax free?
erudite view , sound logical on all markets. give dubai another 1 to peak then ...market will stutter at best
No one really knows the timing. People who timed the cycle last time may have just been lucky . Key is asset allocation . Don’t only invest in one country
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Turkish rental rate is going up, Russians are running to Dubai. Turkish Government has screwed up the rental terms. Big investors are running away from Turkish real Estate due to Rental Terms. Fact; You can buy Real Estate in Turkey from Who would looking to sell in super deal. But Currency is losing value. Your Money is 1:1 even After 1 year if As Dolar currency. DO not buy If you gonna rent it out!
Today 1 $ is 32 Lira. Next year probably 45=55 Lira. Real Estate goes up but Your Dolar still same As you purchase!
This time is little different because of cop 28 and Indians becoming the biggest investor in Dubai. Where Indians go money follows.
I am in India currently and here Dubai property expo is all over the country. Because of Indian currency going down Indians are excited to Buy real estate in Dubai (Aed) real estate which is pegged to Dollar. Indian middle class will gobble up Dubai's property. When Indians buy they don't sell for long.
This time sellers will miss opportunity. 2026 is the best time to sell.
Living in Dubai is like a hell too hot , you get fat and other health concerns , no passport no health for you no recognition. .
Viva Turkeye