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. 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.

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

Among Romanians starting this investment path, many have a budget of around 200,000 euros. I pay half of the apartment, and for the rest I take out a loan in the Emirates. 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. .

Entrepreneurs buy packages of three or four apartments, have a diversified portfolio and rent long-term, as well as in hotels. Then there are companies that buy apartments en masse and then rent them out.

Everyone is betting on Dubai, a desert that has turned into a mega-tourist attraction in a few decades. As with any match, not everyone wins. It is important to understand the calculations, investment terms and risks.

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