HUGE 11% ROI Dubai Property I JUST BOUGHT... Here is the breakdown.

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*This is NOT financial advice. This video is for entertainment purposes only
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DISCLAIMER: This content is for entertainment purposes only. Conor Kenny does not provide investment advice you must do your own research and come to your own conclusions. The information is being presented without consideration of the investment objectives, risk tolerance, or financial circumstances of any specific investor and may not be suitable for all investors. This description may contain affiliate links. If you purchase a product through one of them, I will receive a commission (at no additional cost to you). Thank you for your support.

[@omarghosn8655]

What happens when the market softens (as it should given how high it is now) and your price per sq ft drops in an unproven area, rents drop but your payment plan doesnt change?

[@conoroverseas]

Yes, just as your mortgage would just adjust for you

[@freewill1839]

Thanks Connor! Would you say going the payment plan/Mortgage route is better than paying the full amount out of pocket?

[@conoroverseas]

I would say putting the least amount down is always the best idea, for me anyway

[@speedymilan1]

As far as I know, except if you bought a property in Dubai through a company, re-mortgage is not possible.

[@conoroverseas]

It is

[@speedymilan1]

@@conoroverseas I have checked recently with Emirates NBD, they told me law changed at some point and it's not allowed - pls double check

[@loginreda]

Hi I'm also a new investor in Dubai ...just got into 2 apartments both with post handover payment plan off plans one in JVC and one right by the Blue Line metro. Just to be clear....this apartment that you are referring to you got it ready to move in with 5 years payment plan ? Is this wasn't an off plan deal ? Thanks

[@conoroverseas]

Yes this one was already ready

[@christinakriss2325]

did you buy from directly developer or via real estate agent?

[@conoroverseas]

though an agent, reach out if you want me to connect you