OVERHEADS OF OWNING A PROPERTY IN DUBAI - EXPLAINED! DUBAI REAL ESTATE MASTERCLASS BY TAHIR MAJITHIA

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  • Опубліковано 23 жов 2024

КОМЕНТАРІ • 101

  • @zeesmart6540
    @zeesmart6540 2 роки тому +7

    Thanks, can you list expenses to pay if foreigners buy and rent property

  • @apurvanair2056
    @apurvanair2056 2 роки тому +1

    Nice video Mr.Tahir. But if you want to add timestamps then you can easily do that by using the UA-cam feature.

  • @salavi7059
    @salavi7059 Рік тому +1

    Salam Tahir. I am from USA and was looking to see if I could invest some money in UAE. This video was very informative. Thank you.

  • @shailendra1086
    @shailendra1086 Рік тому +2

    Just a curious question what happens when in the building you own the apartment gets 30 yrs old & it’s time for demolishment … what compensation does the apartment owner gets

    • @ahmedaa1040
      @ahmedaa1040 3 місяці тому

      Yes Mr Tahir
      Pls clarify.

  • @fareenaramachandran4491
    @fareenaramachandran4491 7 місяців тому +1

    Thankyou for useful info for the future.

  • @rizwanahmed2370
    @rizwanahmed2370 2 роки тому +2

    Hi salaam alaikum Mr.Tahir really appreciable ur valuable information . I will be in touch with you as early as possible. This is Rizwan from India

  • @satyajeetpadhi2386
    @satyajeetpadhi2386 3 роки тому +2

    Thanks a lot Tahir for sharing these information. It's really helpful. Stay safe.

    • @tahirmajithia
      @tahirmajithia  3 роки тому +1

      Thanks 🙏 glad you found it helpful

  • @vijaykumar-ds9iu
    @vijaykumar-ds9iu Рік тому +1

    Hi Mr. Tahir the video was super useful..

  • @yeasirarafat4261
    @yeasirarafat4261 3 роки тому

    Thanks Tahir, will catch you up in next visit to Dubai.

  • @aminhx
    @aminhx 3 роки тому +3

    Love the explaination

  • @sherutigersonu
    @sherutigersonu 2 роки тому +1

    Great video!!

  • @ForLearnedLotsOnly
    @ForLearnedLotsOnly Рік тому

    Please elaborate with the appx percentages for service charges, and appx property owners association charges.

    • @tahirmajithia
      @tahirmajithia  Рік тому

      It’s difficult to really put a percentage as it also depends on the type of building, amenities, location etc. also villas the service charges are way lesser than apartments

  • @truthtobetold9816
    @truthtobetold9816 5 місяців тому

    Assalamu Alaikum Tahir
    Well explained. I was estimating the rental earnings post investment in Dubai and came across your video. Will indeed request a zoom call once i finalise. Thanks.

    • @tahirmajithia
      @tahirmajithia  5 місяців тому

      Walekum Salam.
      Thanks a lot 🙏 need any assistance with Dubai real estate feel free to reach out

  • @jhonnybravo2243
    @jhonnybravo2243 3 роки тому +1

    Great videos man!

  • @MoeMukhtar
    @MoeMukhtar 3 роки тому +2

    Thank you for the valuable information. ✨🌹🙏🏼

    • @tahirmajithia
      @tahirmajithia  3 роки тому +1

      Glad you liked it. Thanks for the feedback 🙏

  • @fareenaramachandran4491
    @fareenaramachandran4491 2 роки тому +1

    Thanks for you info.

  • @royalmirage2005
    @royalmirage2005 3 роки тому +4

    This was very educative;thank u for the video .🇹🇿

  • @ForLearnedLotsOnly
    @ForLearnedLotsOnly Рік тому

    Service fees of damac hills townhomes any idea...

  • @criticofthenarrative1382
    @criticofthenarrative1382 3 роки тому +1

    Very helpful information

    • @tahirmajithia
      @tahirmajithia  3 роки тому +1

      Thanks. Glad you found it helpful🙂

  • @sekharur1166
    @sekharur1166 3 роки тому +1

    Hello bhai.. I watched your video first time. I liked your detailing..
    I have question..
    Can I buy small studio in dubai?
    My monthly salary is 5500... I know you are smiling....
    Please if you have time please reply...
    Thanks 😊

  • @danielafful3751
    @danielafful3751 4 роки тому +2

    Keep doing great 🙌🏼🙌🏼🙌🏼

  • @zamzamkhan6984
    @zamzamkhan6984 Рік тому

    Hi
    Is service charges per sq is to pay by year or month ???

  • @vijayarajful
    @vijayarajful 4 роки тому +1

    Good one!

  • @ahmedaa1040
    @ahmedaa1040 3 місяці тому

    Sir how much is total service charge per month for 1000 sft Apartment At Al Gadheer Abu Dhabi

    • @tahirmajithia
      @tahirmajithia  3 місяці тому +1

      I am not really an expert in Abu Dhabi but should be around 13-14 Aed per sq ft per year

    • @ahmedaa1040
      @ahmedaa1040 2 місяці тому

      @@tahirmajithia
      Thanks

  • @yarsalanpk
    @yarsalanpk Рік тому +1

    At a hihgh level, can you please name couple of areas or recommend some areas in dubai that have most occupancy on Airbnb and which type of property u recommend, studio, 1bhk, 2bhk, etc? basically properties that have good ROI and have most occupancy on Airbnb

    • @tahirmajithia
      @tahirmajithia  Рік тому

      Downtown, Dubai Marina , Palm Jumeirah, JBR

  • @narenhegneshwar637
    @narenhegneshwar637 Рік тому

    Is there any proposed plan for a metro line to link JVC area ?
    Please apprise . Thanks

  • @jorge21122
    @jorge21122 3 місяці тому

    Are service charges and maintenance paid by the tenant?

    • @tahirmajithia
      @tahirmajithia  3 місяці тому

      Service charges are paid by the landlord

  • @jaadugar4344
    @jaadugar4344 2 роки тому

    Sir can Indians buy permanent house in sharjah or have to lease it?!

  • @alilakhani9179
    @alilakhani9179 2 роки тому

    What about insurance if the apartment or villa gets burnt or any other damages

    • @jiti5034
      @jiti5034 2 роки тому

      Yes I also have same question

  • @TsarOfRuss
    @TsarOfRuss 3 роки тому

    How much do you think these fees will cost in an apartment inside Burj Khalifa??? a 700sqf apartment ... $500,000

    • @tahirmajithia
      @tahirmajithia  3 роки тому

      The service charges in Burj Khalifa currently are approximately Aed 55 Dhs per sq ft so for a 700 sq ft apartment service charges would be around Aed 38,500

  • @QualityMarblePolishingDubai
    @QualityMarblePolishingDubai 2 роки тому +1

    video is very informative, Dubai villas are very beautiful and quality built ones

  • @subramanyamkrishnaswamy4441
    @subramanyamkrishnaswamy4441 3 роки тому +1

    Hi Tahir, very informative contents and well explained

  • @rune22143
    @rune22143 2 роки тому +1

    Is there a tax on rental income from residential properties?

    • @tahirmajithia
      @tahirmajithia  2 роки тому

      No you don’t pay any tax in Dubai on your rental income.

    • @jiti5034
      @jiti5034 2 роки тому

      @@tahirmajithia But depends on country of residence. you might have to pay tax on "Global Income" not easy to escape the tax man in many western countries

  • @gracekouvali6903
    @gracekouvali6903 3 роки тому

    So the costs amount to roughly how much per year?

  • @RiazADAM-rf8te
    @RiazADAM-rf8te 3 роки тому +1

    hi we want to invest in dubai property.

    • @tahirmajithia
      @tahirmajithia  3 роки тому

      Hi. You can email me on tahir@trustedhomesdubai.com and we can discuss

  • @SMSM-id8jo
    @SMSM-id8jo 9 місяців тому

    in that case it is better to rent instead of owning a property

    • @tahirmajithia
      @tahirmajithia  9 місяців тому

      It only makes sense to rent if the rental you pay is way lesser than the mortgage you would pay for the same property usually it’s the other way around in dubai hence in most cases buying is better than renting in dubai

  • @YouGotTriggeredLOL
    @YouGotTriggeredLOL 2 роки тому

    Hi Tahir, I’m a real estate lawyer based in Toronto, Canada and I am interested in working in the same capacity in Dubai. Do you have any advice? Or resources or contacts that could be of help? Thank you!

  • @namerose5419
    @namerose5419 3 роки тому

    Landload can possible to close empower account ? Empower impose any charges in non occupaying unit on LANDLOARD account even after close the account.?

  • @GetOmerHere
    @GetOmerHere Рік тому

    How much usually are these owners association fees?

    • @tahirmajithia
      @tahirmajithia  Рік тому

      It depends on the type of property and location. But just to give an idea for villas would be 2-3 Aed per sq ft per year and normal apartment buildings can be 12-22 Aed per sq ft per year

  • @gladdy8156
    @gladdy8156 2 роки тому

    Who will pay for water heater ?

    • @tahirmajithia
      @tahirmajithia  2 роки тому

      The tenant pays as it is a part of the electricity bill

  • @mohammedsalahuddinshariff7516
    @mohammedsalahuddinshariff7516 3 роки тому

    if you buy property in dubai, are you allowed to work?

    • @azeem_uae483
      @azeem_uae483 3 роки тому +1

      of course, you just need to have a labor contract with your employer.

  • @onairgallow1957
    @onairgallow1957 2 роки тому

    What about property taxes?

  • @subramanyamkrishnaswamy4441
    @subramanyamkrishnaswamy4441 3 роки тому +1

    Can you help me resell my off-plan property? I have a townhouse 3+1 (built-up area 1,991 sq ft ) developed by Emaar located close to DWC Dubai South. Property is under construction and handover by 2022 April, please respond to discuss further.

    • @tahirmajithia
      @tahirmajithia  3 роки тому

      If you can email me all details on tahir@trustedhomesdubai.com we can discuss

  • @debjyotidutta582
    @debjyotidutta582 3 роки тому

    Owning a property ....email??

  • @sku3119
    @sku3119 3 роки тому +1

    He doesn't give an indicative cost structure with relevant examples.

    • @tahirmajithia
      @tahirmajithia  3 роки тому

      The cost for every type of property varies depending on the type of property. Also certain costs are as per consumption for example: Dewa ( electricity & water) which can vary on the amount used hence it’s very difficult to give a cost structure. For any specific questions you can always email me on tahir@trustedhomesdubai.com and I can answer them.

    • @gracekouvali6903
      @gracekouvali6903 3 роки тому

      That's right .... rough estimate of how much per year

  • @vahabarmenian5845
    @vahabarmenian5845 2 роки тому

    tahir dade

  • @nammalilleee3207
    @nammalilleee3207 Рік тому

    Dubai is weird!

  • @ffkk6000
    @ffkk6000 3 роки тому

    I'M.FAISE.LAND.LOD.INDIA.MOR.
    IM.MB.TOR.SOON.DUBAI.HY.2021

  • @ffkk6000
    @ffkk6000 3 роки тому

    I'M.FAISE.TH.NISE.VALLS.HY 202Q