Secrets of Dubai Real Estate Investments- Mohamed AlKhayat
Mohamed Alkhayat is one of the most influential realtors in Dubai with 200+ million portfolios of investment. His observation and analysis with the dynamics of Dubai real estate is associated with the figures and numbers issued by Dubai Land Department. Mohamed’s reveals his success secrets.
1. Invest in Undervalued Real Estate projects at opening price.
When you buy a property be it for short term or long term, always it’s necessary to buy a property which has least price in the location that you are buying. Most of the investors fail to make good profits, just because their buying price is too high. Only a consultant who is aware of all the projects in town will only be able to give you the facts and figures accurately.
2. Think in Terms of Income and Appreciation.
A majority of the real estate investment fails when someone buys a property just because his friend, college or relative bought a property. Always buy a property which gives you good capital appreciation and rental return. Don’t buy pent house just because your friend bought it or 5 studio apartment as your college is earning good rental return since 5 years. Income and appreciation is based on the “TIME” of purchase.
3. The Micro View Is More Important Than the Macro. Some projects look very attractive but, there might be some facts that you are not aware of. For example you purchased a property seeing beautiful view from the apartment and you are not aware that there is an empty plot and developer is planning to start construction after some time.
4. Don’t mix Emotions in any purchase. Don’t buy a property based on emotions rather buy a property based on your financial condition and market value.
Mohamed’s biggest secret in creating such a huge multinational investors portfolio is his honest, simple approach with highest level of customer service. We strongly recommend to have professional opinion of Mr. Mohamed Alkhayat before you plan to buy any property, he is reachable on +971 56 604 6633