Dubai Real Estate Warning! Why Smart Investors are Exiting | STRIGHT TALK Ep. 121

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  • Опубліковано 31 жов 2024

КОМЕНТАРІ • 51

  • @sael8532
    @sael8532 7 місяців тому +3

    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.

    • @user-ov2tm2un1r
      @user-ov2tm2un1r  7 місяців тому +1

      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.

    • @raj21rai
      @raj21rai 4 місяці тому

      @@user-ov2tm2un1rThe main point and concern for most investors will remain the Lira’s free fall vs AED pegged to dollar which is a huge favor in my humble opinion

  • @sebbinomad
    @sebbinomad 11 місяців тому +6

    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!

    • @user-ov2tm2un1r
      @user-ov2tm2un1r  11 місяців тому

      Thanks for feedback

    • @akashgiri1985
      @akashgiri1985 11 місяців тому +1

      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.

    • @markabhassan8405
      @markabhassan8405 11 місяців тому +1

      ​@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.

    • @sebbinomad
      @sebbinomad 11 місяців тому

      @@akashgiri1985 I wish you were right!

    • @sebbinomad
      @sebbinomad 11 місяців тому

      @@markabhassan8405 in dubai, everyone is an expert now :)

  • @Spiritandvitalityplus50
    @Spiritandvitalityplus50 2 місяці тому

    Do you think there will be a trend of townhouses becoming more in demand as more families settle in Dubai? Or do you think 1 and 2 bed apartments will still be in high demand for years to come?

  • @dejancontent2895
    @dejancontent2895 5 місяців тому +2

    So, the smartest thing would be to wait for the downfall of the Dubai market shortly and then buy there when it's cheap

  • @anilshivdasani4082
    @anilshivdasani4082 11 місяців тому +4

    Great to see Nez hosting. He truly is a humble and genuine and straightforward person. I will always remember meeting him. Anil Shivdasani

    • @nezjan7095
      @nezjan7095 11 місяців тому +1

      Thank you very much for the kind words.

    • @anilshivdasani4082
      @anilshivdasani4082 11 місяців тому

      @@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.

    • @user-ov2tm2un1r
      @user-ov2tm2un1r  11 місяців тому

      Thanks for feedback

  • @Tvbox4China
    @Tvbox4China 8 місяців тому

    I am not an expert but as far I can see that the demand is quite high for Dubai Properties in 2023, and 2024.

  • @carolinematta5764
    @carolinematta5764 11 місяців тому +4

    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!

  • @mhmt.e2
    @mhmt.e2 11 місяців тому +2

    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.

  • @cyprus-selectestates
    @cyprus-selectestates 11 місяців тому +3

    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?

  • @HAMZAAHMEDPLANET
    @HAMZAAHMEDPLANET 11 місяців тому

    Many people also talk about investing in Turkey, so is it time to invest or exit? Reading the currency volatility ??

    • @Haso16.16
      @Haso16.16 11 місяців тому

      It's investment time for Istanbul. Even if the Turkish lira loses value, real estate gains value in dollar terms

  • @ranjitthaker9104
    @ranjitthaker9104 8 місяців тому

    erudite view , sound logical on all markets. give dubai another 1 to peak then ...market will stutter at best

  • @zohraali8882
    @zohraali8882 11 місяців тому +1

    He didn’t discuss about the Geopolitical and Demographics of property in Dubai versus Turkey.

  • @mrz9672
    @mrz9672 11 місяців тому +1

    do you expect a simular thing to happen here in turkey ?

    • @user-ov2tm2un1r
      @user-ov2tm2un1r  11 місяців тому

      In contrast, Türkiye has the advantage

  • @srtf1k
    @srtf1k 7 місяців тому +1

    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!

  • @irfanamjad5425
    @irfanamjad5425 11 місяців тому

    1. Can you invest in commercial property within the fund?
    2. Is then taking money out of the fund to pay yourself tax free?

  • @NaeemBahadur-p7b
    @NaeemBahadur-p7b 11 місяців тому

    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.

  • @AhmedAshfaq-t9s
    @AhmedAshfaq-t9s 11 місяців тому +1

    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 .

    • @SA-cloud
      @SA-cloud 10 місяців тому

      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.

  • @raififtikhar774
    @raififtikhar774 11 місяців тому +1

    Great anlysis from Cameroon.

  • @sameerashaikh9176
    @sameerashaikh9176 11 місяців тому +3

    Nice video istanbul is awesome very nice and dubai is artificial and very hot place i❤ turkey 🇮🇳🇹🇷❣

  • @aaydeekhan2040
    @aaydeekhan2040 11 місяців тому

    Interested in investing REIT funds? How's that possible?

    • @user-ov2tm2un1r
      @user-ov2tm2un1r  11 місяців тому

      Kindly contact us using this WhatsApp number +908505325195

  • @arsalanmustafa1563
    @arsalanmustafa1563 11 місяців тому

    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

  • @akashgiri1985
    @akashgiri1985 11 місяців тому +2

    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.

  • @Yahoo731
    @Yahoo731 11 місяців тому +1

    Beautiful turkey.

  • @-Justjayfr
    @-Justjayfr 11 місяців тому +1

    Viva Turkeye

  • @nadiaa.1137
    @nadiaa.1137 11 місяців тому +1

    is Cameron Deggan Turkish?

  • @ericnhodza1790
    @ericnhodza1790 11 місяців тому

    Might it be possible to get the presentation?

    • @user-ov2tm2un1r
      @user-ov2tm2un1r  11 місяців тому

      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

  • @roulajarjour3725
    @roulajarjour3725 10 місяців тому

    Interesting and great interview

  • @CatamaranChannel
    @CatamaranChannel 10 місяців тому

    ⭐⭐⭐⭐