千屿.club
Investing in Dubai property isn't as good as people say; people think collecting rent is just waiting for the rent to arrive every month. It wasn't until he actually became a landlord that he realized that once he handed over the keys, the worries had only just begun 🤡
💬 First: Tenant matters can be handled anytime
At 2 a.m., a WeChat message popped up: "House leaking" and "The door lock is broken."
When you're in the country, you still have to find someone to clean and repair it in the middle of the night
🔧 Second: Repairs always happen when you least expect it
The day you move out is when the money begins: dirty walls need to be repainted, carpets washed, furniture repaired, locks replaced.
⏳ Third: Vacancy periods are longer than you think
When the tenant moves out at the end of their lease, cleaning, repairs, photography, acting as an agent, showing tours, negotiating prices, signing contracts, registering Ejari — it's normal to be vacant for a month, and two months is not unusual.
With rent cut off, the monthly property management fees, air conditioning fees, and management fees are not less than a cent.
📉 Fourth: Market deterioration
Your house hasn't increased in price for a year, new developments nearby have been delivered, and tenants are looking at new homes with the same budget.
Agents will only say, "Renting is possible, but it just takes time to wait."
When you have been vacant for three months, you have to lower the rent to offset your vacancy costs
😤 Fifth: Not local, not even realizing you've been played
The mechanic said he replaced a part for 2000 dirhams, and you don't know if you got ripped off.
The management said they spent 1500 yuan on deep cleaning, and since you're in China, you can't inspect it yourself.
Every penny is "reasonable," but the annual profit is much less than that.
💡 So now I especially understand why some say: the ultimate goal of Dubai property investment is custody.
It's not about giving up after buying—picking up funds, pricing, managing, repairs, exiting—every step must be closely monitored.
There are fewer truly passive income" houses in Dubai than you might imagine.