With floor-to-ceiling windows and views from floors that would never be built in Romania, Dubai apartments are presented to Romanians as investments that bring good rental money.

A construction site in Dubai with a skyscraper in the backgroundPhoto: Karim SAHIB / AFP / Profimedia

Packed with double or even triple the returns you can get with us, sprinkled with impressive year-over-year price growth, the dream of quick profits is intoxicating. Among the Romanians who start this investment path, many have a budget of around 200,000 euros.

I pay half of the apartment, and I take out a loan in the Emirates for the rest. Others have savings and invest their money in these apartments with a lower cost.

There is also a category of multiple apartment buyers who then share the profits, says Kasiana Dusha, a lawyer specializing in Islamic/Emirati law and NAI Romania’s strategic partner for the Middle East, who also lived in Dubai and knows the market. .

Read more at Panorama.ro