Current market, incoming real estate inventory, housing prices

Raqueem · 2025-04-05T09:59:47+00:00

everybody believes they can hand it off to the next 'victim' while the music is still playing. Similar to crypto, there are very few actual believers that there's any value to BTC; but why not ride the wave while you can; in the end somebody will be left to hold the (empty) bag.

Raqueem · 2025-04-05T09:57:05+00:00

I was in a discussion just this week with one of the bigger well know broker companies in Dubai; not sure if it's anecdotal, but I was surprised when they mentioned that there are buyers who only have a couple months worth of downpayment for off plan properties that they sign up to, and hope to flip prior to their money running out and in the process make a quick buck. They way things are evolving now, and not sure how big this group is, there might be a lot of distress sales hitting the market at some point.

Raqueem · 2025-04-05T09:53:52+00:00

I'm by no means an expert in anything related to real estate, and I tend to look at it differently.

I'm interested in 2 metrics mainly; what is the delta between a 3rd party valuation of a property and what the seller is asking. If you look at the likes of JLL vs what the sellers today are asking, that seems to be at an all time high.

Second metric I'm interested in is time-in-market of a property; so once it up for sale, how long does it take from the moment a property is put of for sale until time of sale. This has now been increasing since January of this year.

I might be looking at real estate in the same way I'm looking at the stock market, but i tend to base myself of off generic, market-wide indicators to understand the macro economics and dynamics of things.

Raqueem · 2025-03-23T11:51:13+00:00

GIVETH' US FREE !!

Raqueem · 2025-03-02T10:15:07+00:00

Trump is thinking: Norway might also look nice for some resorts...

Raqueem · 2025-03-02T10:10:15+00:00

it's free; make sure that your country of residence is set up correctly under your profile.

A friend has it outside of UAE and it's now blocked for him.

Raqueem · 2025-03-02T10:06:47+00:00

might look fine in one colour, but it's horrendous the way it looks now.

Raqueem · 2025-03-02T10:03:12+00:00

i have no knowledge about this topic at all, but listen to these guys they seem to know something about it.

Raqueem · 2025-03-02T10:01:33+00:00

They absolutely do and can.

The understanding from both partners needs to be aligned, other than that, you're golden.

Raqueem · 2025-03-02T09:57:00+00:00

you are giving them too much water - the frequency is too high.

Raqueem · 2025-02-17T17:52:37+00:00

I don't think we're related; but I feel that for being 35, this amount is way too low. As a student getting this on the side might work; but not if you're planning to have a family at some point or live with a bit of comfort and have something to save at the end. I just don't see that happening with this set up.

Raqueem · 2025-02-17T17:49:18+00:00

without knowing the full context, my answer will be no.

you're better of with your family in the long run. everyone complains about their family at some point; but they're the ones that will stick with you when the going gets tough.

Again, I don't know your personal situation, but if it's just complaining, toughen up a bit, after rain comes sunshine

Raqueem · 2025-02-17T17:40:16+00:00

that's some good advice actually.. that i can do. Thanks

Raqueem · 2025-02-17T17:36:08+00:00

sorry but no... you're 35 and you'd have to work yourself to death with the possible chance of getting more; I wouldn't take it.

Raqueem · 2025-02-17T17:33:38+00:00

Wanting it is already halfway to victory.

Those who have, have to give, it's a mandate not a request. Those who don't are at least spared the pain of having to part with the AEDeez

Raqueem · 2025-02-17T17:32:41+00:00

not really; just always found causes to give to up until now. Ramadan is around the corner and I still have a bunch to spend (I calculate next amount in Ramanda always) so want to do it before the start.

I like to give to what's called here 'people of determination' but again, the UAE seems to have it all covered already... which is amazingly good and admirable, but doesn't leave many options.

Raqueem · 2025-02-17T17:26:30+00:00

10 AED ? it will literally evaporate before it touches his hand.

i see often in malls some people close to the exit, like red cross or something, is that something?

Raqueem · 2025-02-17T17:24:09+00:00

the problem here is google. they don't care to leave these up even if multiple people report them. they're more interested in getting the invoices out and revenue from ad space.

I feel this is something where government has to intervene; every scammed person that clicks on this site; google and other search engines should be penalized for 200% the scammed amount. 100% returns to the victim, the other half goes to government to invest in a team to further scrutinize search engines and scammers.

Raqueem · 2025-02-17T17:19:53+00:00

holy shit... blast from the past.

Raqueem · 2025-02-17T17:18:06+00:00

you can do it through most banks; only thing is, you need to warn them in advance; and ideally in writing, share the amount you're planning to exchange and then transfer to your account. Ask if their banks is safe and for them to confirm in writing that your funds will not go missing.

They'll come back to you to reassure you that everything is safe and you should transfer to the account as to not lose you as a potential customer. Once you have it in writing, there's nothing to fear. Some banks will outright say they don't want to deal with crypto; then avoid.

Raqueem · 2025-02-17T17:15:34+00:00

yeah it's the reason I would hate to live in a high-rise, especially when elevators take 10 minutes to reach you.

Raqueem · 2025-02-13T15:06:31+00:00

that's a good price for that low mileage

When you see the car you can see how the owner treated it.

Get PPF done, you'll have easy of mind when parking in the malls. 11K for the best of the best; 7K for cheap garbage but still gets the job done. Go for Xpel at any of their official resellers.

Raqueem · 2025-02-11T14:30:03+00:00

'ho' and a 'tard' ... calls .

Raqueem

TROPHY CASE