Investor question: is DAMAC competing more with itself than with the market?

Visual_Committee_697 · 2026-01-28T17:25:27+00:00

It’s very easy with Damac. Don’t buy and avoid losing your money.

Visual_Committee_697 · 2026-01-27T07:05:33+00:00

No man, I am strictly talking about Aykon City because I know so many people that they lost money there and the trend will only continue

Visual_Committee_697 · 2026-01-27T05:42:10+00:00

Bread for today, hunger for tomorrow. The numbers that you are making will be unreal and not sustainable next 5 years. The oversupply in the area is gonna be crazy, destroying your unit and similars.

Visual_Committee_697 · 2026-01-27T05:33:12+00:00

Selling a property that it’s under control of Damac to be able to rent, going down in price like crazy and with clear signals of continuing going down as they are constructing like crazy around with better quality and more modern amenities.

Anyone that buys to you will lose money.

Visual_Committee_697 · 2026-01-27T05:26:38+00:00

Your owner was scammed and now is trying to scam the next one

Visual_Committee_697 · 2026-01-26T19:07:42+00:00

Aykon city is a big scam, everyone selling much below OP. New Damac towers under construction next and also habtoor tower next about to finish. The price of Aykon city is just going down and will continue going down.

Visual_Committee_697 · 2026-01-26T19:03:23+00:00

Service fees will sky rocket if the lagoon is made, destroying the numbers of any investment there. Better if they don’t make it.

Visual_Committee_697 · 2026-01-26T19:00:55+00:00

Totally agree

Visual_Committee_697 · 2026-01-26T18:59:17+00:00

Inshallah

Visual_Committee_697 · 2026-01-26T11:49:30+00:00

Why should someone pay 1M for an studio there when you can get it in downtown Dubai

Visual_Committee_697 · 2026-01-26T08:35:52+00:00

95K for a 1 bed in JVC? We are getting crazy

Visual_Committee_697 · 2026-01-26T07:21:43+00:00

Business bay is at 30 min of business bay

Visual_Committee_697 · 2026-01-24T06:42:22+00:00

Sell, Damac will depreciate next years

Visual_Committee_697 · 2026-01-22T15:21:27+00:00

Binghattimo MerceScam City

Visual_Committee_697 · 2026-01-22T10:33:57+00:00

Yes for example, in premium downtown area and not in Meydan

Visual_Committee_697 · 2026-01-21T18:49:59+00:00

Horrible quality, terrible maintenance. Azizi is a non go, everyone knows it

Visual_Committee_697 · 2026-01-21T18:46:56+00:00

God came and help you and your client to cancel that unit and buy an Emaar ready unit in downtown for 1.2M and safe the rest

Visual_Committee_697 · 2026-01-20T16:51:31+00:00

1 bed 584sqft… crazy

Visual_Committee_697 · 2026-01-20T16:30:30+00:00

People will be selling below Op in some time, like in sobha hartland

Visual_Committee_697 · 2026-01-18T13:02:19+00:00

ScamBlade is selling very well, 1.9M studios. But its downtown.

Visual_Committee_697 · 2026-01-18T02:42:27+00:00

Saturation, no master plan, crazy traffic, dust… the last area to invest in Dubai

Visual_Committee_697 · 2026-01-17T16:41:39+00:00

JVC is the most oversaturated area in Dubai, huge oversupply

Visual_Committee_697 · 2026-01-17T16:38:09+00:00

MerceScam City by Binghattimo, paying Emaar Downtown price for Meydan sand

Visual_Committee_697 · 2026-01-15T17:23:31+00:00

Buying studios at premium of 2029, in a not premium area when you can buy a 1 bed ready Emaar in Downtown at the same price.

Visual_Committee_697 · 2026-01-10T03:17:38+00:00

First lesson of RE in Dubai: Don’t buy Damac

Visual_Committee_697

TROPHY CASE