I think you did a really good job of taking a very difficult topic and making it much more accessible to people! I had done my own version of this but I see there were additional things to keep in mind. Well done!
@GhostTails90Ай бұрын
wow, very detailed breakdown. Good job
@Lestca17 күн бұрын
Exceptional video on the topic. Thanks, Tuomas!
@ernsivakumarАй бұрын
Very detailed and Insightful. Thank you for making this video. Became your subscriber after watching this video.
@jasminenanАй бұрын
Excellent video!
@fatai101Ай бұрын
Geeked out properly! Love this
@lukesilvamusicАй бұрын
Bro really dropped a video while riding a quad 🏜
@tuomaskivАй бұрын
Work never stops bro 😂
@SarthakGargАй бұрын
Wow this is quite detailed!
@sebastienbrochard9812Ай бұрын
Great insight. Structured all the points I was looking at for this very topic. The bloody initial input is the steep part!? 😅
@Socalcoconut23 күн бұрын
wow a lot of numbers thanks
@richardharley7202Ай бұрын
Great video
@sonny8085Ай бұрын
The upfront costs and fees for buying are outrageous. I'd love to know how the government and agents justify all of them.
@TheShredder316Ай бұрын
Cause they don't tax most of individuals related stuff
@veerukuchurАй бұрын
@@playmoreguitar5393depends on lifestyle choices but I would say with a similar time spent I would not be who I am if it was not in dubai.
@zaakbnАй бұрын
You live tax free
@TheShredder316Ай бұрын
@@zaakbn yes, but they compensate it with high fees and prices of basically everything else.
@zaakbn29 күн бұрын
@@TheShredder316 well you can’t live for free unfortunately but that’s why I went with Malaysia instead, Zero taxes on foreign income and cheaper luxury lifestyle compared with dubai
@monkeyraterАй бұрын
The apartment youre using as an example is $628K for 761sq/ft (71 sqm) which is reasonable compared to other major cities considering youre using a prime location. It would be nice if you showed more affordable properties just to show how nice a place you can get in Dubai for very low prices.
@veerukuchurАй бұрын
@@playmoreguitar5393hey brother get in touch if it’s market value and in a decent location might get it sold almost immediately.
@monkeyraterАй бұрын
@@playmoreguitar5393 I know what youre saying is true, but still, Dubai offers the best bang for your buck as far as lifestyle and low income taxes. Im sure as hell not going to spend the outrageous money of living in London or San Francisco when I can live in a better but cheaper apartment in Dubai. Dubai apartments might be cheap but people usually only live there half the year. I used to live in Silicon Valley and the houses there are these shitty 50 year old 100sq/m shitbox houses that should have been torn town years ago and cost $1.5M. Also having ZERO crime is a big reason to live in Dubai.
@KBWFreedomthrurealestateАй бұрын
I achieved this lifestyle with Class A luxury apartment investment/ownership!
@bettychin2744Ай бұрын
You are a Smart Young Man!!
@adhamaltoura7453Ай бұрын
No problem, thank you 🙏🏼
@OTU29229 күн бұрын
Good attempt on explanation but as we can see there are very many variables which are assumptions and may go north or south with little to no control from renter's/buyer's hand..
@tuomaskiv29 күн бұрын
that's the case with any market/country and cannot be avoided
@OTU29229 күн бұрын
@tuomaskiv Yes, but great video , I subscribed
@sadalqadi8034Ай бұрын
Hi Tuomas, how do I sign up for your newsletter and thanks a lot for the information. Would love to get in touch with you as well.
@tuomaskivАй бұрын
The link is in the description
@tuomaskivАй бұрын
If you fill the form for the buy/rent calculator you are automcatically signed up for the newsletter
@johnnyzhang5894Ай бұрын
The liquidity of Dubai's apartment real estate is much lower compared to the S&P 500.
@dimakam66492 күн бұрын
Your s&p500 is just a wind in a desert, while owning the apartment you have your own property
@N0P0intАй бұрын
i believe the prices are all time high and it will go up higher by little bit. but here's the real kicker: each year, more and more people are moving outward ex (from Marina -> to JLT --> JVT/JVC -> keep going out) this is because the salaries are barely increasing while other costs + renting is increasing. when this will keep going ? until the apartments become unbearable to rent and keep being available for a year, it will keep going up. So i'd safely would assume that the rent increase should be 2% assuming: +5% per year vs a crash of -5%
@hundegagaАй бұрын
rent and buy btc ?
@adhamaltoura7453Ай бұрын
Promo code not included in the link! For blue ground
@tuomaskivАй бұрын
Ah, thanks for pointing out, added now
@adsrtvm1438Ай бұрын
I done the calculations, if it's for you buying is best if you have cash., if mortgage my calculation it's not a good idea. The risk too high.
@tuomaskivАй бұрын
maybe you can elaborate?
@education4910Ай бұрын
Brother I want to move which is best way to move ..which Emirates freezone visa is cheapest and how much cost
@K3RPATАй бұрын
Hey would be great to get excel price every interesting content
@lisavirginiaaАй бұрын
🔥❤
@mustafayavuzaytin333429 күн бұрын
Good video but this is not everything…
@monkeyraterАй бұрын
These videos always assume people know the dirham exchange rate. $10 = 2.73 UED so that is basically a dollar is a little over 4x as much as a dirham. 2.73 x 4 = 10.92
@tuomaskivАй бұрын
It’s easy to google it if you don’t know it.
@mrdan7740Ай бұрын
You need to go back to school!
@fatai101Ай бұрын
Since the exchange rates aren’t static, I think it’s a great idea to NOT include any conversions in the videos, right? As far as divulging quality information goes however, I think this is a belter of a video. Thanks for the great work T !
@veerukuchurАй бұрын
@@fatai101so the national currency of UAE which is Emarati Dhiram is pegged to US dollar which means that there won’t be any fluctuations in exchange rates. Which makes the exchange fee negligible.
@zaakbnАй бұрын
Keep renting and buy bitcoin instead, hold for the next 5 years, and buy two houses in cash
@i_am_rw4362Ай бұрын
Sorry man but the agent fees you will have every year. Just check your contracts. You will pay those 5% every single year, not only once. That is the property scam in Dubai anyway.
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