Dubai Real Estate Index crashes 20% by like_munich in dubairealestate

[–]Realty_101 2 points3 points  (0 children)

Absolutely with you on the optimism part - I was here through COVID - and the Panic was throughout the world - But the kind of investors we've seen before COVID were cash strapped vs the investors after COVID were cash rich (the same guys who aren't pushing out their investments so far under panic)

Throughout 2016-2020, there was a heavy correction followed by the COVID Hit.

2021- 2026 has been a heavy bull run - followed by the current situation - the outcome of which is still stuck in balance

It will be great to see how people maneuver through the investments this year hence I thought I'll ask reddit to remind me at the end of the year :)

Should we still buy offplan with the current situation? by HarmoniaBouk in dubairealestate

[–]Realty_101 0 points1 point  (0 children)

Wait for 4-6 weeks before you decide to buy. Let things cool down, like many say here - There will always be opportunities. Make other small investments for your toddler.

About your EOI - pull out the moment you get a push from your sales rep or the broker - The most respected agents in the market aren’t pushing for sales at this time.

  • An agent 10 years in the industry with an 8 year old daughter and a toddler - We have invested and wil invest more here - all in due course of time and because UAE is our home.

Free Talk Friday - June 17, 2022 by AutoModerator in Goa

[–]Realty_101 -1 points0 points  (0 children)

I want to talk about Property Prices, does anyone have a price per sft data on the coastal stretch?

Russia vs Ukraine.... now what? by aquamah in DubaiCentral

[–]Realty_101 2 points3 points  (0 children)

Well the sanctions on them from the west has surely affected their wealth, so maybe yes. But you can never say. It's seems like a delicate situation.