let’s talk about real estate market in Dubai. On one hand, all the overseas or even from Pakistan, India, everyone is coming to Dubai and they are coming here and investing in real estate property. On the other hand, people also have this doubt that if everyone is investing here, then something is going to happen to the real estate market in Dubai.
So, is Dubai the best market in the world right now in real estate? Absolutely, there is a lot of confusion in this. What happens is that you have to understand the real estate market in Dubai and in the world. Understanding means that there is a wave in Dubai.
The wave is that the market slowly goes to its peak and then comes down and the wave continues like this. So, you have to see as a smart investor, what is the best time for me to enter and what is the best time for me to exit from it. Overall, let’s talk about the best market right now.
In my opinion, in terms of business, in terms of investment, Dubai is the best place in the world. There is culture, more than 200 nationalities, a mixture of Europe, Asia, you can say that there is such a great mixture of the whole world. So, Pakistanis, Indians, especially the South Asian countries, then UK, Europe, Americans are also coming here.
Why are they coming? Because the market is at its peak right now. It has to stay at its peak for 2-3 years, then it will come down a little, but it will come to its peak again. So, in that respect, it is really the number one market.
But, if someone wants to invest in property, real estate, start a business here, first of all, you should know the target. It is a very basic thing, people start talking when I say this, they keep saying target, target. Yes, what is the target? That is, you have to buy property to live, you want to settle here, you want to live your life because it is a great kind of city, in terms of family.
Or you have to earn money from it, you have to live in your country, you have to sell the property after some time, or you have to play a big game. So, it all depends. The most profitable thing is the real estate business.
Understand this, depending on how much money you have. That is, if you have 20 million dirhams, 1-2 Pakistani rupees, then you can come in a big business, you can earn a good profit, that is, 50-60% per annum. That is, like here, you know that towers are built, take the entire floor, when there is a proper announcement after 6 months, the construction starts, the value increases, so sell it.
So, there is an investment of this level. Now, suppose you have 1 million dirhams, that is, 7-8 crore Pakistani rupees, what do you have to do with that? You can buy a house, take an off plan, off plan means that it is being made now, after 3 years you have to get a handover, or now you have to buy a built one, if you want to buy a built one, then you will put it on rent, if you put it on rent, it is a solid market, but you have a total profit of 6-10% per year. So, you should know this thing.
But if you invest 6-7 crores in a real estate business, you have to understand this thing. So, there are completely different profits. How is that? The best kind of market here, who earns the most money? The one who is selling those properties.
So, a business that is doing brokerage, that is, this property which is available in Dubai, is showing the whole world, is bringing customers, they get a percentage. You sell a property worth 1 million, sometimes 3%, 5%, even 7% commission you get. That is, you sold a property worth 1 million, you got a commission of 50,000 dirhams from it.
So, you make a target, sell it for 10 million, which is not difficult here. So, if you sell it for 10 million, then you will get a profit of 5 lakh dirhams. And how much does this company make? It can start very easily with 1 million dirhams.
But go one step further than that. You may not have the experience of real estate. What you can do is, start a company and invest money in it.
Become a partner in it. Silent partner. Those people are already experts.
They may be earning 1 lakh, 2 lakh, 3 lakh, 5 lakh. You put 1 million, they started earning 1 million per month in commissions. So, from there you get a good profit, sometimes 100% per year.
Then there is capital growth in it. So, it all depends. When a person like me invests, I will invest in a company.
And if I want to invest in a project, I will invest in a 50-storey hotel. I know that it costs 400 million. But when it is sold, it is sold for 800 million.
That is, I get a 50% profit. There is no money of that level. If it is more than 1 million dirhams, then I think you should come to a company.
Become a silent partner in it. People are already working. The whole structure is made.
If you invest money, you will become a partner. Become an official partner. And from that, you will start getting a good profit.
It can be 6%, 7%, 10%. It can be 10%. You will start getting monthly income.
So, it all depends, comes back to what is the target? Why are you doing it? Now, for those who want to settle, there is a different kind of approach. That is, if you have money, for that you may need 4-5 million dirhams. Or you may need a million dollars.
That is, you bought a house of 1-2 million. You bought an apartment. You are sitting in Pakistan with your family.
You are sitting in India. You move here. In that, when you invest 2 million, you get a golden visa.
That is, you get the best visa here. Then the remaining money that you have, what does it do? Like I said, come to a company. Buy shares.
Buy a share of the company. Do it as a silent partner. When you do it that way, then what happens? You have secured all three things.
What is that? Moving here. You have a house. Then if you invest money in business, then you will get rid of this tension that I have to live here.
There are monthly expenses. How will my living be fulfilled? Because money is invested in business. In business, you start getting monthly income from there.
That is, if you do not work. Now you can really enjoy Dubai. The cultures here.
You can travel the world. You can go to your country whenever you want. So it all depends on what the target is.
That is why I always say, always be clear in the target. Do you want to come here and live? Do you want to settle here? Or are you in the process of profit? How much money do you have? You have 50 million, 100 million dirhams. Or you have only 1 million.
5 crores, 10 crores, 20 crores. So it all depends on your situation and on your target. So according to you, Dubai real estate is the best market in the world.
But first of all, you should tell your targets. When I say best, then according to our system. London is great.
New York is great. There are other places in the world. But according to our culture, the things we need, especially on Indians, are not better than this anywhere.
Clearly, you should know your target. How much money do you have? Why do you want to invest here? Why do you want to buy a property here? If you know this clearly, then I have told you the options. Buy a property, buy a hotel, or come to a company.
Company is the best option if you want to settle here and achieve financial freedom. Mir sir, as you mentioned, that you make a company here, of real estate, with which you can earn money And monthly 10% or 15% But how is it possible? If you see here, you will find real estate companies in every street, You will find brokers. It is a very valid question.
There is no chance. Exactly. You come here and make a company and you think that you can earn 10% or 15% monthly profit.
There is no way. It is not possible. The world’s best marketer, the world’s best company of real estate is sitting here.
So what do you do in such a situation? In such a situation, first of all I said don’t make a company. Come to a running company. Okay.
A running company. Suppose there are 1000 companies here. Out of 1000 companies, 900 will get stuck within 2-3 years.
Exactly. But out of that, 100 or 10 are performing well. They are earning money properly.
Catch those 10. See which is the best company out of those 10 and talk to them that I want to come to your company as a silent partner. You will invest money there.
They are earning a million. It is possible that they start earning 2 million from your investment. On 50%, on 40%, on 30% you become their partner.
The profit that will come from there is made profit. That is, they have established a business and you will grow it with your money and you will also benefit. They will also benefit.
I have seen a lot of people making companies. Especially our country is the smartest country in the world that I have to do it myself. Oh uncle, you don’t even know here.
Friends, there are nationalities. In which language do you have to come here and talk to people? How do you have to do marketing? There is no circle in the world. Sir, how many contacts do people have with us? They say that we have made a company and it is one year old.
You just run it. Why should I run it? This is why I ask you this question. I always say that the power you have is money.
You have investment. Use money to make money. The expertise that you try to do by yourself is not a circle.
You will be beaten for 3 to 5 years. The business will fail again and again. Then the market will understand that maybe your business will be successful if you have the courage and money left.
So, it is better than that that Miss Zara is a real estate company. She is earning a million. Miss Zara, I want to invest 1 million or 2 million with you.
So, your business will double. How much percent will you give me? I will give you 20 percent. No, no.
I want a 30 percent company. Okay. I registered.
I am already getting profit. After 3 months, I started getting profit. So, do this work.
Then when all your things get fulfilled, then you have to do some other business for your entertainment and for your passion. That is a separate thing. Because you can bear the beatings in that.
You won’t be able to do in this. So, I think the video has become long. But there are many different elements in this.
In terms of investment and returns, which is the best opportunity? In terms of financial freedom and settling here, I think I will make a whole series on this.
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