Economic Dependency: Dubai's economy heavily relies on sectors like real estate, tourism, and hospitality.

Just wondering if you have considered any other sectors of the real estate market besides MF. 

Debts and deficits will continue to rise as there is less output from the private sector and as taxes are raised to attempt to raise revenue (the.

SLC seemed attractive due to - low DOM, influx of people moving in, growth of technology sector in the area, producing jobs, step appreciation, good schools, just to name a few.However I got at least 3 realtors telling me that the inventory for potential flips houses are very few and far in between, and the competition is very fierce.  

Any investors, realtors, lenders etc who would be interested in chatting for a moment about their experiences in this sector?

If there're 100 SF, 2023 avg price is $1.8 mil ;but if we see the buying average, all these houses was acquired from 1980 to 2017 with price range from 100k to $1.2 mil.The top 20% then is being purchased recently with price range from $1.4mil to $2.0 mil making aggregate value of $1.8mil.This is actually one of the biggest wealth transfer SCHEME from tech sector WallStreet to Baby Boomers that purchased the house in early 1980/1990s.The very reason that house goes up in value is just because Steve Job's company is 2 miles away from there , while every living person in planetis purchasing Iphone.So IPHONE ---------> home appreciation in Texas LOL 

- There are other external concerns that I have i.e. state budget shortfalls, too much concentration in one job sector (ex. tech), running out of water situation, earthquakes, fires, etc., any thoughts on how others navigate this?

Despite Economic Upsets, Investment in Commercial Real Estate Holds SteadyIn their newly-released Capital Markets Report, commercial real estate services firm CBRE Group found that investments in U.S. commercial real estate totaled $166.8 billion in the second quarter of 2022, a glimmer of good news for the sector. 

However, by 2020, even during Covid, we achieved 96% occupancy - an incredible feat owing to our foresight in identifying a growing market.Another office building is currently 85% occupied, generating significant positive cash flow, while the third one is undergoing extensive rehabilitation.It's not accurate to claim that the office and commercial sectors are doomed, with no interest in leasing or purchasing.

Smaller cities tend to be dependent on a single company or market sector.