On top of that being that the property was occupied (delivered vacant) it was in great shape and didn't need that much work to bring it up to market standards.

@Alex Ng I think Birmingham is a great place to invest because of the cheaper prices and low taxes.

@Theresa Harris @Bjorn AhlbladThanks for the great feedback everyone!

This is a great place to learn and to connect with people so take advantage of all the great resources.

So in case you are looking to invest in Dubai it is a great opportunity but beware of the following:- Developer Reputation: Investigate the developer's track record, previous projects, and financial stability.

The whole idea that "it's a great place to start because you don't need money or credit" is hogwash.

Arijit, Congrats on the deal, sounds like a great asset to add to the portfolio.

I'm about to begin my journey as a commercial real estate developer by constructing a 20,000sqft building in Georgia.What do I need to know about analyzing sites, pricing development, planning build out, getting tenants, etc. as I get into commercial real estate development?

I use a smallish local bank (about 30 branches) and have a great relationship with the VP in charge of residential loans and the VP in charge of commercial loans.

Still believe that:1) With 3D Tours, floorplans and walk-thru videos (taken & shared by listing agent with buyer agents) there's little need for an investor to physically see a property.2) Agents should better set expectations with investor buyers, so they understand that with #1 above and a great inspection, there's no need for them to physically see a property.