Dubai Real Estate Investment and Management Recommendations

The idea that the value of real estate decreases every year due to depreciation is unique to Japan, which has a tax system called property tax.

In addition, even if the price can only be put on the market at a lower price than at the time of purchase due to the global economic situation at the time of sale, if the sale is made after several years of operation and income gain, rent income / sale Considering the total profit, it is unlikely that you will lose.

Taking New York and Europe as examples, 100-year-old reinforced concrete apartments are still active.

Dubai real estate basically thinks like this.

In Japan, we only build buildings with a durability of about 30 years, probably because of the earthquake, the rainy climate, the strategy of the house maker, or the wooden construction unique to Japan.
The so-called general income head of household takes out a 20-30 year loan to buy a house, which binds his life to it and requires rebuilding 30 years later, so his child is also 20 ~ It's a repetition of taking a 30-year loan and being tied to it.

In the European way of thinking, once you have a real estate, you can keep it as a property for your children and grandchildren by keeping it in good condition and remodeling it as needed. And if you can afford it during the inheritance, you can buy other real estate and use the property you do not live for rent income to increase your assets.

The actual durability of many properties in Dubai is still new, so the actual durability has not yet been proven, but it is a sturdy construction of reinforced concrete based on European construction methods, and rain that causes rust. It is thought that the same durability as in Europe can be expected because there is almost no rust.

First of all, do not think that "real estate will decay in 2 to 30 years", but think that once you buy it, you can leave it as an asset to your children and grandchildren.