WHY YOU SHOULD NOT BUY PROPERTY IN DUBAI!!?

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  • Опубліковано 20 гру 2024

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  • @conoroverseas
    @conoroverseas  Рік тому +2

    Contact me on conoroverseas@gmail.com

    • @rajveerk7510
      @rajveerk7510 11 місяців тому

      Hi Conor,
      Very informative. What's your view on owning a 5bhk villa in damac hills 2.

    • @jaykaira9939
      @jaykaira9939 9 місяців тому

      Hi Conor, what do you think of sohba reserve comparison to Farms garden properties or Opal gardens? Which has potential? Thanks

  • @abdelrahmanabualafyeh1417
    @abdelrahmanabualafyeh1417 10 місяців тому +3

    Great little video. He mentioned that there are a lot of listings in dubai but fortunately, Because there were many fake listings, RERA has just recently changed the rule on listing out properties in dubai into a more strict process which involves huge penalties to agencies who don't follow it. It's still a work in progress as it has been applied to properties for sale only so hopefully in time there will be no fake property listings in dubai!

  • @shoaibdxb2218
    @shoaibdxb2218 Рік тому +8

    You bought after or at the time of Covid in JVC. That was the best time to invest as properties depreciated, rentals dropped and now Post Covid, they are coming back to the level either pre-covid or even higher. Better to mention this point in your video for people who will follow you and invest.

    • @conoroverseas
      @conoroverseas  Рік тому +3

      Was 3 months ago also ‘a time of covid’?

  • @ammal3755
    @ammal3755 11 місяців тому +2

    As a property consultant I can say there are a lot of units currently at JVC however those who bought off-plan (under construction) units whether studios of one bedrooms did make a good profit. One must invest with a reputable developer.
    Good to know you were able to make profit in the unit you purchased.

  • @masternodi8
    @masternodi8 Рік тому +8

    I have found studio for 200k in business bay, back in 2022 (January. )
    I refused to buy it because I thought the bubble will burst…😅
    I guess I could have doubled my money now but you cant catch them all

    • @eudianlead3374
      @eudianlead3374 3 місяці тому

      Buying of properties now in Dubai is in a rush as its tax free, booming economy , safe & stable city , strong ROI, strong rental market and more . Buy now at almost half the market price .

  • @arialuv6894
    @arialuv6894 3 місяці тому

    Very helpful, thank you

  • @gizroc
    @gizroc Рік тому +2

    When there's more inventory than demand. What happens to the price... it goes down.

  • @marcopolvani7135
    @marcopolvani7135 Місяць тому

    It’s unfair to make an analysis using the timeframe between the crash of Covid In 2020 and 2023. Most of the house prices now are similar to 2014 so the appreciation is totally relative

  • @TheAhmedAbdulkadir
    @TheAhmedAbdulkadir Рік тому

    Great video man

  • @gjvbakel
    @gjvbakel Рік тому +3

    Great video's.
    Small question: what management companys (to rent the appartement) are there? So I can rent the space to create RIO.
    Thanks!

    • @redx11x
      @redx11x Рік тому +1

      The brother asked a very good question

  • @moalmu6357
    @moalmu6357 10 місяців тому +3

    Do you live in Dubai mate? I think properties are good mate! I bought a property in jvc district 12 in 2020 for 1.3 million and I have sold last month 3.2 millions,

    • @conoroverseas
      @conoroverseas  10 місяців тому

      Amazing trade bro, I’m based in Dubai yeah have a bunch of property 💪

  • @unkord6193
    @unkord6193 25 днів тому

    How to connect regarding new purchase?

  • @amnaakram79
    @amnaakram79 9 місяців тому

    Hey, I’m looking to but in jvc 2 bedroom it’s 1.4 which is still a lot it’s a new build I’m so confused 😢 or do I go somewhere like Arjan which is getting developed…

    • @Alcevital
      @Alcevital 8 місяців тому

      Go to sharjah, still affordable . Aljada masterplan is awesome

    • @conoroverseas
      @conoroverseas  6 місяців тому

      Depends on your budget and what it is for, drop me an email

    • @TravellingTrail
      @TravellingTrail 6 місяців тому

      Go for Pearl House-2. Excellent option in JVC. Fully furnished.

  • @anitakaur2388
    @anitakaur2388 Рік тому +3

    Hi Conor - Thanks for all your educational videos. So, For Bloom Towers, JVC, if a 1 bed is selling for 800K AED and is generating an annual rental of about 60K AED (i checked on DXB Interact) - this means a rental yield of 7.5% per year. Is this real and sustainable ?

    • @conoroverseas
      @conoroverseas  Рік тому

      Hey drop me an email

    • @vishalmange2656
      @vishalmange2656 Рік тому

      There are properties with yield more then 7.5% and one can achieve until 9%

    • @prabhutyam2371
      @prabhutyam2371 Рік тому

      ​@@conoroverseas what is your take on Marytime coral reef

    • @rune22143
      @rune22143 Рік тому

      Buy a Lower level offplan Binghatti apartment. (Lavender and Tulip ofr eg). They are Cheaper and will have better Rental yields in the future than other buildings in JVC.

  • @sherwinh1661
    @sherwinh1661 Рік тому +1

    you bought in a very unique period of covid and global shutdowns (dubai being 85% expats) . please highlight this

  • @jeanniediaries4474
    @jeanniediaries4474 10 місяців тому

    In your prespective which is better to buy. Those ready to move in or pre-selling (will wait for 2years for turn over?) It's very to trust now there is alot of scammers 😢

    • @conoroverseas
      @conoroverseas  10 місяців тому

      if you want to reach out to me so I can connect you to my agents conoroverseas@gmail.com

  • @hsdxb
    @hsdxb Рік тому

    The touristy areas and popular areas the best for profit, from developers to purchase from.

  • @prabhutyam2371
    @prabhutyam2371 Рік тому +1

    What is your take on coral reef near harbour. Marytime coral reef.

  • @somalilegend3864
    @somalilegend3864 9 місяців тому

    Hi Conor
    Just watched your video and I am interested in investing properties in Dubai in the future and I was wondering if I could ask you whether the studio that you have purchased is on a lease or freehold tenure?
    Thanks in advance

  • @Emrico35
    @Emrico35 Рік тому +1

    which are we better buy property there? marina and jwc best? (i won't sell, i like to have rental income only)

    • @conoroverseas
      @conoroverseas  Рік тому +2

      Both are great, marina better for short term but more expensive and JVC is better for monthly rentals and cheaper, yield is about the same drop me an email if you wana chat

    • @TravellingTrail
      @TravellingTrail 6 місяців тому

      I have some great deals in prime location like JVC in Dubai. Fully furnished and excellent amenities. Gives you high appreciation and excellent rental yield. Contact me for further details.

  • @arshadalibhai944
    @arshadalibhai944 5 місяців тому

    Hi i want to invest for rentals. Which is the best areas and yields

  • @dusanveselka3240
    @dusanveselka3240 11 днів тому

    So why are properties so cheap there? You get a shed in the UK for 500k dollars...

  • @jasleenmalhotra5087
    @jasleenmalhotra5087 10 місяців тому

    Which is better to buy? Golf green or Golf gate 2 in damac hills 1?

    • @conoroverseas
      @conoroverseas  10 місяців тому

      sorry i cant advise on whats better I dont own in either, but if you want to reach out to me so I can connect you to my agents conoroverseas@gmail.com

  • @shahinamukadam2233
    @shahinamukadam2233 5 місяців тому

    Why have appartement price not appreciated in % vs villas?

  • @vandanah4857
    @vandanah4857 9 місяців тому

    Which builder did you invest your property in business bay?

  • @dr.vangchannel6935
    @dr.vangchannel6935 3 місяці тому

    I am interested buying property in Dubai for investment or rental, what area do you recommend and what brokerage do you recommend?

    • @conoroverseas
      @conoroverseas  3 місяці тому

      Head to the link in my description

  • @Olivia_Harper
    @Olivia_Harper Рік тому +1

    Can you suggest any particular apartment at a budget of 1-1.5 million AED within the Dubai City Free Hold area like JVC (not countryside)? Not villa. No Townhouse. I want the least maintained flat 2 BHK apartment with good road accessibility, near the metro station. For a middle-class working class with an Indian passport.

    • @khalsa3344
      @khalsa3344 9 місяців тому

      Check furjan area ..

    • @TravellingTrail
      @TravellingTrail 6 місяців тому

      Go for Pearl House-2. Excellent option in strategic location like JVC. High rental yield as well. If you need help, contact me.

  • @jeanniediaries4474
    @jeanniediaries4474 10 місяців тому

    Great explanation. Could you please make more videos same like this. Can you discuss also for Abu Dhabi? Thanks

    • @eudianlead3374
      @eudianlead3374 3 місяці тому

      Buying of properties now in Dubai is in a rush as its tax free, booming economy , safe & stable city , strong ROI, strong rental market and more . Buy now at almost half the market price .

  • @Photon-1927
    @Photon-1927 Рік тому

    Hi I want to know what is property flipping in Dubai . Can you please tell me ?

  • @mohammadzaheerabbas140
    @mohammadzaheerabbas140 Рік тому

    Hi, what du think about JVC neva residenses?.Thanks

  • @HouseCzechowski
    @HouseCzechowski 8 місяців тому

    You are a 👶 reason why i should thinking to buy a house in 90's at age 5 years old instead be a child. Now like most 👨‍👩‍👧‍👦 pepole in my age can not afford buy home and i regret that i wasted my 🧒 childhood. Its because you guys speculate of bubblethat one day will 💥 brake it

    • @conoroverseas
      @conoroverseas  6 місяців тому

      I’m literally the same age as you

  • @aliasghar8960
    @aliasghar8960 Рік тому

    Absolutely right

  • @gregm6669
    @gregm6669 Рік тому +1

    Do you have experience buying a flat for a usdt/btc in dubai??

  • @Yahya_medic
    @Yahya_medic 6 місяців тому

    Dear Conor, Thanks for the video. I live abroad. Can I invest in buying a property in Dubai, have an agency to run it/ rent it for me without me needing to be present in the country ? how safe is this over a long period of time ? thanks

    • @conoroverseas
      @conoroverseas  6 місяців тому

      Yes sir all of that is possible, that’s pretty much what I do, I’m completely hands off, drop me an email we’ll help you get sorted

  • @SW_Sherry
    @SW_Sherry Рік тому

    Hi. I have a question which I asked earlier as well. You have good experience with property management company who has been helping you. Can you share name?

  • @harivince236
    @harivince236 Рік тому

    Hi I’m trying join you’re group for some reason I’m not able to. Can you help?

  • @yahyazouine8982
    @yahyazouine8982 9 місяців тому

    Can I ask you how to make your money

  • @barclayhhuga654
    @barclayhhuga654 11 місяців тому

    I will be in touch

  • @thecybersecguy1
    @thecybersecguy1 Рік тому

    It appears you are giving review on an old video mate. The guy said in 2016 he arrived and "in the last 4 years" he kept saying, that implies his video was made in 2020.
    So you are right about 2023.

    • @conoroverseas
      @conoroverseas  Рік тому +1

      That’s not how I took it, but maybe I was wrong

  • @DividendeKing
    @DividendeKing Рік тому

    Hi, lovely video! Can you buy a flat in Dubai with zero deposit and interest-free?

    • @conoroverseas
      @conoroverseas  Рік тому +1

      No I’m afraid not

    • @aliasghar8960
      @aliasghar8960 Рік тому

      Absolutely not. Dubai is going to bankrupt when vision 2030 of Saudi Arabia start.

  • @dannysingh3518
    @dannysingh3518 4 місяці тому

    Ya but it's okay for you to buy in Dubai...

    • @conoroverseas
      @conoroverseas  4 місяці тому

      It’s ok for anyone to buy in Dubai

  • @shadowStunterr
    @shadowStunterr 8 місяців тому

    Do you by any chance have a group with motivated people willing to achieve the same goal? If yes csn i be part of it?

  • @paulocurado7967
    @paulocurado7967 25 днів тому

    paid actors commenting on a paid actor utuber

  • @FutureMillionaire666
    @FutureMillionaire666 Рік тому

    clearly he knows nothing about real estate

    • @dinofabrizzi2116
      @dinofabrizzi2116 Рік тому

      Who are you talking about? The old guy in the video, ?.. or Connor, the younger one?

  • @jatinpatel4165
    @jatinpatel4165 9 місяців тому

    Just bull shit …

  • @noorpatel2732
    @noorpatel2732 Рік тому

    Hello mate can we chat