This episode of the Dubai Real Estate Podcast, Tahir Majithia answers questions such as, “Can I build my own property in Dubai?”, “Can I own land in Dubai?” and “Is building a property in Dubai a good investment?”. He also shares insights on navigating the stages of building a property and exactly how the return on investment occurs.
This video is perfect for you if you are an overseas investor looking to build your dream home in Dubai or buy land and build a property for eventual sale.
In this video you will learn about the time and money investment required to build a property in Dubai, working with Dubai Municipality, the impact of wood prices and other building commodities, getting good value for money and turning your home into an attractive investment opportunity.
To really master this subject, we recommend watching the whole video, however here are some of the key timestamps.
00:00 - Start 01:30 - What kinds of property can you build in Dubai (based on classifications)? 05:11 - How much control and transparency is available with a custom build VS a master developer 08:23 - What is the market value of a property that was built for 10 million AED? 10:11 - Does today’s market climate suggest you should or should not invest in a custom built property (factoring in the pandemic)? 13:13 - Wood and raw material prices post pandemic with commodity prices going up - are they too high now? 20:30 - Key timelines, milestones and decisions an investor needs to make 23:25 - Who needs to be on your team in Dubai to ensure your project is successful 25:48 - How much money do you need to build different types of properties in Dubai? 30:44 - If building your own property in Dubai is such a good idea, why aren’t other people doing it?
You also can listen to this episode of The Dubai Real Estate Podcast with Tahir Majithia on Apple Podcasts, Spotify or any of your favourite podcast apps.
ABOUT TAHIR MAJITHIA
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Tahir Majithia is a second generation real estate consultant and development advisor based in Dubai, United Arab Emirates. Tahir has helped hundreds of people secure apartments, villas and townhouses in Dubai, as well as managing commercial real estate development projects and property portfolios for domestic and overseas investors. Tahir’s content has generated millions of views, specifically through educating Dubai property investors via his Dubai Real Estate Masterclass series on YouTube, Instagram, LinkedIn and TikTok.
