Things To Consider While Buying A Property In Dubai? by Wali Khan

What are the things to consider while buying property in Dubai? People tend to forget the actual cost of buying a property in Dubai - one should realize that there is a cost on top of buying price applicable and should be considered in both the cases if the property is purchased as residential home or for rental investment purposes.
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I like helping people around in their general productivity & personal finance situations as well as advising on wealth management which includes but not limited to property market in UAE and Pakistan, equity and commodities markets, bonds etc. Moreover, I have a keen interest in KZbin and social media marketing along with video editing and its marketing. I also have a keen interest in world current affairs and politics. Last but not the least I am an APPLE fanboy :-)
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[@WaliKhan_2k]

💡In case you are interested to invest in a crowd funded property in the UAE, you can signup using the referral link and earn 250 AED bonus once you fund your account: my.smartcrowd.ae/?signup=true&r=wkhan 📨 Full post here: walikhan.co/post/cheapest-way-to-climb-property-ladder-in-dubai/ 💡 Invest in SARWA with this link and get $50 as referral bonus once you fund your new SARWA account: www.sarwa.co/invite/KHAN1890

[@fawadchishti4106]

Informative video. I think cost which is not consider is the property management cost which will be applicable incase owneroutside country and property management team will take care of owner asset.

[@anilchauhanshree1690]

Sir mumbai property rate is much higher than UAE. AVERAGE LOCALITY RATE IS 2CRORE & ABOVE FOR 2 BHK.

[@hopohomes3864]

You can get even 10 to 12 percent ROI instead of normal 4% by leasing it differently with help of short term rentals or through long stay co living rentals. Can help! Thanks.

[@sruthinmnair2570]

Very Good Info Bro, can you also create a video for the ROI on holiday homes like Airbnb conversation

[@Transgulfdubai]

Sincere man, real fact and information.

[@WaliKhan_2k]

thanks for your support. :)

[@tehminataufiq1750]

How much cost of 1 flat property with 3 beds in normal area??can u help me how much cost to buy a small house or flat??

[@zthde]

Absolutely beautifully explained 👏👏👏👏👏👏👏👏👏👏👏👏👏👏👏👏👏👏👏👏👏

[@tahirabibi2935]

Sir kindly guide me i want to invest in stake but don't know how to invest and deal it after investment?

[@maverickk2222]

I think it's wise to invest in Dubai real estate only for residency and living purposes and any extra funds should be kept either in FDs in UAE or home country or dividend mutual funds that return 9-11% in your home country(India in my case) and use those returns to invest further.

[@mohammedt2956]

And 10 percentage TDS over withdrawal for NRE

[@maverickk2222]

@@mohammedt2956 the rate of TDS deduction is 2% or 5% depending on the amount and only on the amount exceeding the threshhold amount, that too only if you haven't filed ITR in the preceding 3 AYs. Even bank remittance attracts TDS which can be later adjusted while filing ITR.

[@SikandarKhan-ii2bc]

wali bahi shops key rates kya hen aik rufly idea chyee ajman me duabi ya alen sharjha me

[@ushabihade2016]

Very nice information l salute you

[@anilchauhanshree1690]

Aslo sir if you are getting 3 to 5 % return, than better invest in mutual fund, or share maket. Because i have 6 property in mumbai, all calculation i am getting only 3% rent. And headache of brokerage charge, society maintenance, house repair maintenance, finaly ur are lucky if you get good tenant without society objection.

[@akashmalik5216]

Should we buy our first property in Pakistan, considering the current rupee depreciation?

[@WaliKhan_2k]

Depends on your situation and family conditions. I would definitely have the first property in Pakistan and then think for UAE - but it depends on person to person.

[@yeasboy]

Very nice sir. Boht acha sa explain kiya.

[@yarsalanpk]

Do u think we should invest apart in studio in JVC or silicon oasis or impz or mag 4 or DAMAC hills 2 or sports city , and which one u will prefer the most out of these

[@agniveshsathe4243]

Good informative video. I have heard if one buys property in Dubai or in UAE then he gets 99 years residence visa. Is it correct. If you know in such matter then please make a separate detail video. Thank you.

[@urujahmed5170]

Hi Sir, If you interested in buying property in uae, let me know i will guide you as per your requirements. Thanks & Regards Uruj

[@manbab007]

How long it takes for dld registration listing once 4% is paid

[@yazdanali6601]

I am thinking of buying a salon shop there my cousin is saying ...for PKR 50 lacs...what do you say???

[@rashiraja5097]

can u make video on paper work, like how to change title deed or transfer process . and how to pay and when

[@WaliKhan_2k]

Sure, will do so.

[@insari15]

Thank you

[@GetOmerHere]

Dang, JVC and JVT have increased in pricetags since the making of this video....

[@lifeinuae.]

Hey we are thinking to buy flat in Ajman we are a couple with a small baby we are living in Sharjah and are planning for long run what do you suggest? Right now we are living in 2 BH paying 3000 per month which is a huge rent so we are thinking to buy in Ajman but I’m confused 🫤 please advise

[@AbdulRazzaq-n6d]

Hello sir Can you please make a detailed video on mortgage

[@harism2001]

National bonds are giving 4% for mil. Isn’t it better to go for that than 4-5% roi. Money will be liquid. When down turn you won’t lose. Your say on this pleases? (Not to forget rates are going up. Recession is possible. FIFA fever will end in 2/3 months. Huge over supply coming and in such cases you never know rents fall again).

[@WaliKhan_2k]

I haven’t come across this rate right now. But in case it will be there, it might come at a caveat of locking period otherwise there might be penalty - which will make this sounds less appealing as rates might go up and you might loose the opportunity as you are locked already

[@aamiriqbal3669]

Very informative, Great Job bro

[@_Otaku.namikaze_]

hi if i Buy a property worth rs 16000000 ( 1cr 60 lakh) and i receive a rent of 12 lakh per year will i pay tax for it or the 12 lakh is tax free

[@1981adarsh]

Very well explained. Thank you

[@dilbargaming7937]

What if i buy property for 500 k dirhams now and sell it after 5years how much will i get ??

[@WaliKhan_2k]

it really depends - no one answer to it.

[@machimayhem6438]

U Will get 400k aed max. Unlike other places the property value also depreciates in dubai (sometimes not always).

[@muhammadsuleman1242]

Superb!! Question; what do you think of owning a property in Turkey? And is it possible to buy a property in Canada from UAE?

[@WaliKhan_2k]

Check for my answer for Turkey property in this video from 13:09 timestamp: kzbin.info/www/bejne/eJSYYoqaedR4nKc Yes, you can buy property in Canada from UAE - but there are multiple issues and costs involved in that and you are not guaranteed a visa based on that purchase.

[@dotnetangel2]

Very well explained in easy way. I agree with figures presented in example about Dubai property.

[@WaliKhan_2k]

Thanks for your comment :)

[@property-galaxy]

Best investment in india here

[@kbmstars541]

Salam wali bhai i need your help. I am planing to buy property in bahria town islambad just for investment. But i am confuse i should invest in shop or apartment.? Q k mujai cousins ne kaha k apartment sahi hai.

[@kattta2050]

How is stake giving estimate of 6 to 7 percent annual rental net. I have 500,000 aed. Should i invest directly or through stake?

[@kattta2050]

Stake first time coat is 13 14 percent

[@WaliKhan_2k]

@@kattta2050 if you have enough cash on you, I would recommend investing directly. The reason stake’s first year is expensive is because of ease of service. But it’s not in the range of 14%. I calculated it to come around 8-9%. Even if you purchase a physical property, you will end up paying 7-8% in acquisition cost.

[@kattta2050]

@@WaliKhan_2k it varies with each property. The properties they have listed right now have transaction cost of around 10 percent plus 1.5 stake fee.

[@kattta2050]

@@WaliKhan_2k can you check the acquisition cost of properties listed now?

[@ahmaarmuhammadahmed8294]

Your are nice man, good and Right information 👍

[@muzaferjatt3918]

Ajman ki 1 bed apartment par video banye on mortgage

[@MohammedAlHaydarii]

Good brother informative Vedio

[@asad9772]

Dear Engr Wali khan please make one video for Morgage vs if we take cash 💵 loan from bank and invest in property for rental returns with numbers and percentage thank you 🙏 assuming discovery gardens 1 BH I think current price is around 400k

[@WaliKhan_2k]

I will make it soon :)

[@alexrana1982]

Can I buy property in dubai from Nepal without me physically being there?

[@sunnystar51]

Asalam0alykum sir me dubi me ho or information karna chata ho mere salary zada nhi hy par jab me Pakistan jao to mere pas kuch extra pyse ho

[@arshadashraf9900]

HI thanks for the great vid does you have to question if you can kindly answer please does 2mil have to be just in dubai or it could be lets 1mil in dubai and 1 in Sharjah?

[@urujahmed5170]

Hi Sir, If you interested in buying property in uae, let me know i will guide you as per your requirements. Thanks & Regards Uruj

[@shahnazbegum7952]

Can i get duel house or part house in dubai in a cheap rate in good location .for personal use?

[@WaliKhan_2k]

yes, its a possibility.

[@fx1209]

Good information 👍

[@rahimmuhammad2427]

If need to buy property for living and not renting . What would u recommend for a family of 3 households. Like moving completely from pal to uae right now thanks

[@rahimmuhammad2427]

Pak *

[@WaliKhan_2k]

It will depend - in current situation it is recommended to buy BUT it will also depend on how long you see yourself staying the UAE as it is very important factor to take into under consideration.

[@N0P0int]

i wish there was subtitles , i am looking for genuine advice about this subject, my rent gone up high which is better for me to buy a small appartment than staying

[@jennyjais623]

Sure..please send your contact.

[@urujahmed5170]

Hi Sir, If you interested in buying property in uae, let me know i will guide you as per your requirements. Thanks & Regards Uruj

[@dcrambishwasray8765]

Awesome 💓

[@nadeemahmed7710]

How an overseas purchase apartment in Dubai, please advise.

[@WaliKhan_2k]

What’s ur location?

[@nadeemahmed7710]

@@WaliKhan_2k I'm in Canada

[@WaliKhan_2k]

@@nadeemahmed7710 you can contact any good real estate agency and buy the property of choice. You can even get mortgage here. However, it is advisable to take a look yourself before purchasing. An alternate can be a platform like smartcrowd.

[@nadeemahmed7710]

@@WaliKhan_2k Appreciated!!, Thanks

[@jennyjais623]

@@nadeemahmed7710 Hi..are you still looking for a property in Dubai..? Pls send your contact.We got registered more than 30 developers in Dubai, like Emaar ,Sobha, Nakheel, Mag ..etc. We will arrange a meeting in Developers office and can help to get your dream home with best price

[@shivathevar9362]

Hello Sir, please share the video on mortgage also

[@WaliKhan_2k]

Have you watched this one: kzbin.info/www/bejne/mWqxlYh4d7uSkKs This video has some information on how to judge a property based on mortgage.

[@mujthabahassan7614]

Great video, covered everything

[@WaliKhan_2k]

Thanks for your comment :)

[@logicalboy424]

What is the age requirement for the building when purchasing a 1 BHK apartment for 500,000 AED?

[@urujahmed5170]

Do you want to purchase any property in dubai?

[@jahansharockzzz]

What is the minimum salary requirement to get a home loan, As iam earning 7000 Aed monthly planning to buy a flat in discovery gardens for 300,000 aed with 50k downpayment. Should i get any loan from any banks ??

[@urujahmed5170]

Hi Sir, If you interested in buying property in uae, let me know i will guide you as per your requirements. Thanks & Regards Uruj

[@farazbaloch1417]

Sir the rental income you talked about is a long term rental so what about if we buy a property in a prime location and put it on AirBnB will our rental income be increased

[@WaliKhan_2k]

That's very much possible - the rental returns can go uptown 8-10% in that case provided the property remains occupied throughout.

[@urujahmed5170]

Hi Sir, If you interested in buying property in uae, let me know i will guide you as per your requirements. Thanks & Regards Uruj

[@rashiraja5097]

goood info

[@muhmmadfarooq8079]

Wali Bhai 2bhk /1bhk flat k rates Kia Hain please

[@WaliKhan_2k]

It depends on the locality and lot of other factors.

[@muhammadathar626]

Wali bhai investing in stocks is a risky game, kindly explain safe side investment strategies specially for the masses having limited savings or who dnt hav enough savings to invest in risky games. Thanks

[@WaliKhan_2k]

You need to risk - Even if you have 2K PKR per month, invest that in stocks. This will enable you to learn the stock market. However, I would suggest you for that case to keep investing in only safe stocks.

[@mohammedshirazshaikh55]

Price range is high or affordable for a Expat

[@WaliKhan_2k]

medium to very high - depending on where you think about investing.

[@TravAlligator]

@@WaliKhan_2k Very informative video bhai. Mere kuch sawaal hain: 1) Foreign investors ki property handle karne wali agencies kitni fees leti hain? About 10% I assume? 2) Rental income from UAE, India bhejna asaan hai via Bank transfer? Do you know if I will be liable to pay tax in India for it? 3) 500K ke under wali properties pe koi permit milta hai ya nahi? Kya property owner ko har 6 months mein Dubai visit karna padta hai in case of under 500K properties?

[@mohammedshirazshaikh55]

An expat can buy house,flat property in Dubai or Abu Dhabi or Sharjah

[@WaliKhan_2k]

Yes - you can buy in all 3 states. Dubai being the most liberal one while Sharjah being more conservative with less options.

[@urujahmed5170]

Hi Sir, If you interested in buying property in uae, let me know i will guide you as per your requirements. Thanks & Regards Uruj

[@mohammedshirazshaikh55]

Hi I am from India

[@rajeshdaiya1503]

Can buy in cash only

[@WaliKhan_2k]

Means?

[@adnanhussain9065]

I want to buy a property in Emirate City Ajman. Can you help me

[@jennyjais623]

Sure..please send your contact

[@GhanYt]

It really made no sense to me when he said ''It doesn't matter whether I'm right or wrong, whether the market goes up and down. I'm good regardless''. People are really losing a sh*t ton of money out here. I personally have been buying stocks since the beginning of the year and yet nothing's changed, but I've been reading articles of people still in the same market pulling off over 350k in just a couple months. Its tough out here!......

[@bahijarhafiri]

Sometimes, the strategies to stay on constant green in a downturn markets are quite rigorous for the regular-Joe. Matter of fact, they are most successfully carried out by experts who have had a great deal of skillset/knowledge of the market. Maybe you should hire one.......................

[@aykazahra9614]

Salam brother we have been living from past 2 years and we pay rent around 50,000 to 60000 Aed per year. We plan on living in dubai for next 5 to 8 years. Should we buy our own apartment to save rent or should we buy Emar stocks. Also which areas here have good ROI. :)

[@WaliKhan_2k]

Wasalam - I would certainly say to start thinking about buying at this point. I am preparing for a video on how to generate cash flow from rental properties which will help you understand the price point you want to buy the property based on your preferences. Wait for the video by next week.

[@CryptoLearn2EarnOfficial]

why do you put the title in english when you do not speak english in the video?

[@WaliKhan_2k]

For English content, pls check this channel out: youtube.com/@WaliKhanEnglish

[@DXB.Living]

Sir Dubai property is fully permanent? Once I purchased then , can we transfer this to our child?

[@WaliKhan_2k]

Yes, according to sharia law which can become complicated as it involves complete family including your parents too.

[@docparul87]

The Emirati civil code exempts foreigners and non muslims from Sharia Inheritance law procedure.The residents in question are allowed to use their countries law, internationally recognised inheritance laws and their religious backgrounds to administer their succession.

[@DXB.Living]

@@docparul87 hey I mean there could be option? I’m Indian and Jain too . If we buy villa in Dubai is it definitely possible to transfer to our child? Is it still 99 years valid ?

[@docparul87]

@@DXB.Living Yes it is.Most of the properties in Dubai rt nw are freehold.

[@jennyjais623]

@@DXB.Living yes..pls send your contact

[@saadahmed6705]

Can u make similar video using mortgage, calculations etc

[@WaliKhan_2k]

I will do it soon - some data is still missing with me, otherwise I would have already made it.

[@naif8875]

My sweet brother how are you good evening I hope you are feeling well my brother please explain us regarding Dubai don't bring the name of Pakistan why you are talking too much and talking about Pakistan talk about real estate of Dubai we want to know it because we are living here

[@SikandarKhan-ii2bc]

new contraction and old contraction me

[@imtiyazaalam5544]

Ok b

[@mohammedshirazshaikh55]

Please answer my question

[@saadahmed6705]

How about investing hotel apartment, SLS hotel offering fractional ownership 7% net return gurantee for 10yrs

[@WaliKhan_2k]

Fractional ownership (through platforms like smart crowd) in UAE is regulated and I will soon make video on that - However, in Pakistan I would ask you to refrain for that. For fractional hotel apartments ownership, it is not very clear to me so I cannot comment.

[@naturalbeauty159]

Me ihtejajan apke videos dekna band kar deya hai qk mene kahi baar kaha hai ke mashreq millionaires ke bare me videos banawo

[@WaliKhan_2k]

Boss, there is nothing wrong in buying Mashreq Millionaire certificates if you have the amount for short term then go for it. But I myself dont believe in lucky draws so I dont invest in them. For me, I would rather invest short term into NPC in dollar terms.

[@naturalbeauty159]

@@WaliKhan_2k thank you so much for replay lekin me samja nhi sir g please sahi se explain karo please Last me apne kya kaha hai?

[@saadullah5498]

Should hav been abt pakistan property

[@WaliKhan_2k]

I made videos about Pakistan properties in past too. Will make in future too.

[@fifaboy9341]

Is he speaking English?

[@skmdnazmussakif9951]

No

[@huzaifakhan7204]

Do you have any WhatsApp group?

[@Kinai89]

i do not get his English, his accent is too strong

[@WaliKhan_2k]

Hi, the channel is in Urdu language. I have the English language channel too, one of similar videos linked here: kzbin.info/www/bejne/oqvVn4B-h9iti8k

[@WaveFunctionCollapsed]

I want cheapest 1bhk

[@yeasboy]

Only in International City Dubai 300 k

[@rizwanazeem4530]

Assalam o alaikum sar main aapko WhatsApp per aapka reply Nahin aaya Pakistan se properties Dubai sailing please reply