Manny Vajda

Made money betting on the digital future?
Grow your wealth with Dubai real estate

Licensed Property Advisor
85405

[Manny Vajda @MannyVajda]

the US is not the whole world,

there are lot of places where this is not even a question and the answer is YES.

my answer (in both the US and other markets) is: depends on your goals.

for cashflow?
as a low risk investment?
as a way to leverage the banks money?

yeah sure

other reasons? maybe not

[Manny Vajda @MannyVajda]

you can buy properties with a crypto backed loan

why did noone tell me this before??

Research mode ON

[Manny Vajda @MannyVajda]

park capital into dubai off-plan

lock 0% capital gains tax

secure a 10 year golden visa

get clean banking setup before your home country locks the gate fr

dm me, happy to help

[Manny Vajda @MannyVajda]

the EU is building a financial wall to trap your crypto capital before you can off-ramp

if you're sitting in western europe with gains think again!

countries are passing exit taxes left and right..
how many times will you get taxed?
capital gains, exit?
VAT?

simplest fix:

[Manny Vajda @MannyVajda]

@AlexCryptoDubai Not sure if that's possible if Dubai. if it is, it'd be great. Will do some research on it

@grok ? help here

[Manny Vajda @MannyVajda]

@misterrcrypto dear US investors. (or whoever ends up with that money - as we know rich get richer.

please for your own sake, be smart and diversify your portfolios

and buy Dubai real estate.

You're about to be too late. Best time was 6 years ago. second best is today.

Growth is still there

[Manny Vajda @MannyVajda]

@Determinationl4 @PeterDiamandis as always.
people forgot Covid already. and that affected more people than this conflict..

1 thing's sure: Dubai and the uae somehow always rebounces, and comes back stronger and more structured.

[Manny Vajda @MannyVajda]

@modgovae All residents trust the leadership!

Investors do too - prime UAE real estate prices are on the rise again.

MODONs successful launch mid summer and mid conflict -
and the amount of capital still flowing into the country,

is the greatest proof of it's future.

[Manny Vajda @MannyVajda]

@AlexCryptoDubai yup.
also riskier.
+ harder to leverage the banks money.

[Manny Vajda @MannyVajda]

@AshCrypto Just make sure to derisk when you made a good profit.

Derisking doesnt mean boring old assets.

You can easily bet on the future with stable and still high potential Dubai properties. entry is lower than people think.

yields and appreciation is strong.

boring is good.

[Manny Vajda @MannyVajda]

@0xEthan Investor. Say investor 😂

or finance

[Manny Vajda @MannyVajda]

Yes.

Put that into 3 properties. specifically in Dubai. Likely production city.

about 166k each ~ 600k aed each

solid 7% net rental = 126k / year easily
wait 3 months
refinance 33% from each, buy a 4th one

yearly payment to bank is ~38k
still 4k better
but 1 extra property

appreciation is now leveraged and you essentially got 1 property for "free"

have 130k aed ~ 35k usd / year NET cashflow stable 7% yield

assume you put the rental income in a low yield asset at 5%

at 4% capital appreciation a year after year 5 your networth has compounded to: 3.1M aed ≈ 840k usd

and your yearly CAGR is slightly over 10%

pretty great

(and using my example both production city appreciation and yields are expected to be higher)

[Manny Vajda @MannyVajda]

@cmsinvests even dubai petrol prices are going insanee I MOVED HERE for the cheap petrol guys. I WANT IT BACK 😂😂😭😭

[Manny Vajda @MannyVajda]

@jeremyct 100% agreed.

if the tax money the rich pay would be used efficiently a LOT less people would leave to tax havens

It's not likely to change though :/

Rich people will keep coming to low tax countries -> high tax country loses revenue -> becomes an even worse place -> repeat

[Manny Vajda @MannyVajda]

@BowTiedBull Property prices are barrier to entry themselves.

No need to pay extra taxes lol

This is the exact reason (high prices) why some communities in Dubai are expensive, not the location, not the quality but the type of people living there.

wealthy people want to live with peers

[Manny Vajda @MannyVajda]

@miles_commodore Habibi come to dubai 😂

no property tax

although we have it's alternatives

4% Dubai Land Department fee on buying (developer rarely pays it or parts of it)

and service charges - which you pay to the developer for running the amenities included

3-18 aed/sqft normaly

[Manny Vajda @MannyVajda]

@AlexCryptoDubai Yup. Dubai rental yields are pretty good. appreciation is also ok.

Pretty stable income stream

[Manny Vajda @MannyVajda]

@AlsieLC definitely no Damac or Danube 😬😬

Ellington is alright, Emaars fine most of the time

depends on the area

Al Barari mansions maybe 👀👀

[Manny Vajda @MannyVajda]

@SwedenTheDeal @unusual_whales why did I have 10+ swedish clients then recently lol

do they just find me somehow 😂😂

Although I do speak some swedish tbf

[Manny Vajda @MannyVajda]

@trikcode Let's make it harder, no gf until 100k/month passive?

Active income will only take you so far