Golden Area for Long-Term Investment.
Roozbeh Gharibparast
Dubai | Real Estate | Palm Jumeirah | Speaker | Sales Psychology Expert | High Ticket Expert |
I believe you, as an investor, are looking to diversify your cash into different places so you can control and reduce the risk. Also, you have a high tolerance for the obstacles that you can face in the real estate market. That's why you need to keep yourself always updated and informed about everything that can affect the market, which means you need an expert next to yourself to give you the information and keep you updated, and to help you make the best decisions.
I discovered that most investors would like to make short-term investments but cannot make a decision for the long-term investment plan. The reason is, when you are thinking about long-term investment and you hear the word "long," automatically thoughts of future risks and problems come to your mind. You give your brain 1000 possibilities that can happen, which is something good to keep yourself aware and always following the plan. Also, you believe that when you do long-term investment, you are blocking your money for a long time, but in reality, that money is working for you. How? I will explain to you. Imagine you invest in an area that is not developed yet, but the government will announce that there will be the biggest airport in the world in the next 5-10 years. After this announcement, most of the hotel developers and hospitality companies will start planning their projects and move there to build something for the passengers and workers, etc.
Commercial real estate will be active in that area too because when an area is getting developed and life wants to start, people have daily needs and developers + governments need to take care of it. Now, you make an investment in one of the best projects in that zone. Your money is growing step by step while the project and area are getting bigger and better. This is a common thing that we know, but when you think about the risks that can follow this plan, you will not focus on that simple and common reason, which is the main and real reason. Risks are everywhere; real estate is a market that needs consistency in follow-up and keeping yourself updated. When to invest? How long do you need to wait? How fast? When to sell and take the profit? And more questions that you need the answer to make a decision. You don't need time; you need information and knowledge.
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You deserve to have the income you want. Making investments in different places can be short-term or long-term investments, but I suggest you check the Palm Jebel Ali area and the area where the mentor line is going to be there at the end of 2024. You can consider Al Jadaf and International City and Meydan as short-term investments because the metro line will always come to the area that is already developed or has reached the level that now developers can move there and build their nice projects. Palm Jebel Ali is the area you can consider as a long-term investment. The government already announced hundreds of projects they want to start there, and already many of the plots and units are sold out, but there is still a chance to get a good deal and let it be there for a few years. Your expert agent that you trust and believe in will help you, and together you will understand when you need to sell and own something else to double or sometimes triple or even more your profit.
"We don't have a bad location in real estate; we have a location that is already developed, a location that will get developed, and a location that is developing. Development is what adds value to that empty land, and value always goes up & down."