The hidden risks of investing in real estate in Dubai

Many real estate investors in Dubai recognize the same feeling. After signing the contracts, everything seems to be fixed and it feels like there is nothing more to change.

What follows is to wait and hope it works out. Meanwhile, doubts remain, risks are piling up and the consequences often only become visible when it is already too late.

This is exactly what happened to Daan.

An investment in Dubai that seemed safe

Daan bought two properties in Dubai. Like many other investors, he relied entirely on his broker and assumed that everything was well organized.

The brochures showed perfect pictures: spacious apartments, a beautiful view and the promise of solid returns. For Daan, there seemed little reason to worry.

Until the first reports surfaced about declining rental income and a possible correction in property prices. His doubts grew and, to make matters worse, his broker stopped responding.

What the Second Opinion Real Estate in Dubai revealed

To clarify, Daan decided to have his purchases analyzed via a Second Opinion.

This showed that reality was far from what he was imagined. The so-called “unobstructed view” the brochure would disappear completely due to a new tower that was planned next to his building.

But that was just the beginning. The study revealed more serious risks:

• The neighborhood was struggling with an imminent oversupply of apartments.
• The developer had only achieved a limited historical increase in value.
• One of the buildings was located directly on one of Dubai's busiest motorways. A major handicap for rentability and resale.
• The project has been delayed for at least five months, leaving Daan at least €10,000 in rental income missed out.

What would have happened without Second Opinion

Had Daan done nothing, he would have been stuck for years with buildings that were difficult to rent, would hardly increase in value and would have cost him tens of thousands of euros in lost income and loss of value in the long run.

His financial plan for stable rental income from real estate in Dubai would have turned into a headache.

How Daan managed to restore his investment

Because Daan chose a Second Opinion anyway, the situation completely turned around.

He got black and white where the risks were and what options he had to adjust his strategy. Instead of remaining dependent on empty promises, he now had facts on which to base his decisions.

For Daan, this provided three crucial benefits:

1. He knew exactly how his investment was really doing.
2. He was able to make timely adjustments to limit further damage.
3. He regained control, peace and security about his investment.

As Daan himself said: “Without the Second Opinion, I would never have known where I stood.”

The lesson for investors in Dubai real estate

In addition to the analysis, Daan got access to GREM's carefully built network: reliable, certified partners that have been tested by GREM itself, ranging from lawyers and rental managers to mortgage advisors.

Instead of having to search endlessly for someone who might know, he got direct access to specialists who really understood his situation and offered independent advice.

Where his broker was no longer available, there was now a team around him to help him move forward step by step.

For Daan, this made the difference between being stuck in a bad deal or continuing to confidently build a strategy that will allow him to live on stable rental income in Dubai in the long run.

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