This property market π‘ is beating most of the developed market in present days!
There is a sea of red π» in all the main investment asset class which is not limited to the equity market, but real estate for most of the developed countries are also impacted. I retweeted one of the shocking statistic which shows how inflated is the real estate in Canada even after some correction in last 6-8 months. Imagine when the hell break loose!
This Financial post article talks about further decline of 15% (which seems conservative to me), whereas this article in fortune forecasts the same for Australia, New Zealand in addition to Canada. With rising interest rates where US is leading the rise π – most of the developed countries are not coping up which is causing their currencies to take the hammer π¨ as well & once the realization comes to these countries to increase the interest rates it might be too late and it would further exacerbate the housing / mortgage crisis. I talked about interest rates and its impact in multiple videos which you can watch here, here & here.
Now, at the same time – real estate market of Dubai is an entirely different ball game and performed on a different level in terms of number of transactions π which are breaking decade old records (12 years to be precise) – read further here.
Dubai gives you an opportunity to diversify away from your home country. A solid cashflow in the form of rental returns & most importantly dirham being pegged to USD, real estate in Dubai is a dollarized asset giving an option for people all over the world to keep a dollar π΅ based asset in times when the currencies all over the world are hammered big time.
The business friendly visa regime which is forward looking and always be the first in adapting the new technologies, payment mechanism makes Dubai in particular and UAE in general an ideal place for freelancers, entrepreneurs & business people who are unlocking the horizon with remote π¨βπ» working every day.
I am getting a lot of queries nowadays from people who are looking either to move on job or as a freelancer to UAE – people who dont have a compulsion to be physically present in one location for their incomes. This is the reason we are seeing a huge uptick in real estate demands.
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If you are interested in such a move then you can contact over WhatsApp on the number below and someone will get back with a solution either its property related or licensing / visa related:
+971-50-3295805
Even if you are not having enough funds right now to invest in Dubai real estate directly, you can consider investing through Smartcrowd which I discussed in detail here. If you invest with this link then you will receive a 250 AED welcome bonus after your first transaction. Moreover, for a limited time (4th Oct 2022) SmartCrowd is waiving their entry fee which is 1.5% for first time investors – do check here for more details π΄
About Myself
I post 3 videos every week on my YouTube channel on the topics of productivity & personal finance specifically for expats & in general for wider Pakistani community. Besides this, I update this website / blog on weekly basis so do visit regularly for updates – To get value out of the content, please consider subscribing both the YouTube channel and the newsletter. WhatsApp for anything related to Dubai property ONLY: +971-50-3295805
I have started taking 1-1 sessions on booking basis with the following core topics of discussion:
- Productivity
- Personal Finance
- YouTube & Social Media
Price for the session can be confirmed by emailing your details at financewithwali@gmail.com & booking can be made with the link: https://calendly.com/wali2k/1-hour-1-1-session
Disclaimer: I am not a financial advisor and consider these sessions for knowledge sharing and discussion only.
Videos uploaded in last few days, in case you missed
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KEEP HUSTLING π