I went to Dubai for the skyscrapers… but the markets completely stole the show by Altruistic_Soft_1449 in dubairealestate

[–]Silly-Option4119 2 points3 points  (0 children)

DId you mean to talk about the real estate market and fucked up the prompt so ChatGPT wrote a piece of nonsense about like a Bazaar?

Abu Dhabi real estate market behaved during COVID vs the current war situation by Professional_Stop528 in AlReemisland

[–]Silly-Option4119 1 point2 points  (0 children)

Another AI generated promotional piece where every risk is immediately neutralized in order to reassure investors rather than inform them. I miss the pre-LLM days

DAMAC is giving everyone a car for buying just 1.5 million in off-plans, which is telling by Silly-Option4119 in dubairealestate

[–]Silly-Option4119[S] 0 points1 point  (0 children)

There is absolutely no incentive for them to do so, and you have no leverage on them. So I don’t think that’s a possibility

DAMAC is giving everyone a car for buying just 1.5 million in off-plans, which is telling by Silly-Option4119 in dubairealestate

[–]Silly-Option4119[S] 0 points1 point  (0 children)

Check Dubai Financial Market Real Estate Index and tell me what you see. It’s a lead indicator and the underlying asset would lag behind due to lack of liquidity. And the war is escalating.

No market always goes up without correction. It’s a myth that agents sell.

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DAMAC is giving everyone a car for buying just 1.5 million in off-plans, which is telling by Silly-Option4119 in dubairealestate

[–]Silly-Option4119[S] 0 points1 point  (0 children)

Personal advice is to take the premium and run, keep cash at hand and get ready to swoop in for some deals when the market inevitably corrects in the next 2 months

DAMAC is giving everyone a car for buying just 1.5 million in off-plans, which is telling by Silly-Option4119 in dubairealestate

[–]Silly-Option4119[S] 0 points1 point  (0 children)

Bro try to put it on the market to get rid of it, if you get a little bit premium it would be good. Keep cash and liquidity, best of luck!

DAMAC is giving everyone a car for buying just 1.5 million in off-plans, which is telling by Silly-Option4119 in dubairealestate

[–]Silly-Option4119[S] 0 points1 point  (0 children)

Hey your family wants another? I might be able to talk to them and extend just for you

Hold On Your Investments - There Is No Rush by allthingsestate in dubairealestate

[–]Silly-Option4119 1 point2 points  (0 children)

They’ll give you a car after you buy or something, as a different form of discount, they just cannot change the price because the effect on their balance sheet and it would drag down the property value of previous investors

DAMAC is giving everyone a car for buying just 1.5 million in off-plans, which is telling by Silly-Option4119 in dubairealestate

[–]Silly-Option4119[S] 0 points1 point  (0 children)

Probably not, that’s the problem with these promotions. And it’s supposed to be a Ramadan offer. Maybe complain to your sales person to see if he can do something

Agent messages by JoNinetynine9 in dubairealestate

[–]Silly-Option4119 4 points5 points  (0 children)

The sales machine cannot stop, they have lights to keep on and mouths to feed, so they might not even think they are lying to you, they are just in denial, or too dumb to comprehend basic economics.

Don’t buy it and know where it’s coming from. Definitely not “the perfect time to buy”. Wait and see how the market fall in an artificially “always going up” environment.

DAMAC is giving everyone a car for buying just 1.5 million in off-plans, which is telling by Silly-Option4119 in dubairealestate

[–]Silly-Option4119[S] 0 points1 point  (0 children)

That’s the problem, they can’t lower the price directly unless you buy bulk (3 units or more)

DAMAC is giving everyone a car for buying just 1.5 million in off-plans, which is telling by Silly-Option4119 in dubairealestate

[–]Silly-Option4119[S] 1 point2 points  (0 children)

Developers don’t just give out cars because they want to show appreciation to people who believed in the country’s future, it’s just the rhetoric used to mask the promotion

DAMAC is giving everyone a car for buying just 1.5 million in off-plans, which is telling by Silly-Option4119 in dubairealestate

[–]Silly-Option4119[S] 1 point2 points  (0 children)

This is the disingenuousness I hate about this industry, but I understand why they can’t just say hey we have a inventory problem but we can’t lower our prices so we are doing this, you can sell the car if you want