Welcome back to our YOLO podcast. This time our guest is Michael Waters, an Associate Professor in Real Estate and Author of an ABC on Real Estate in Dubai.
Michael's expertise is beyond doubt and at some point, there were so many questions, that he decided to write a book that answers them all and even more. So if you are planning to invest in Dubai, then Michael's book “The Essential guide to the Dubai Real Estate market” is a must.
In this episode, we'll talk about how Michael became a professor in Heriot Watt University, real estate education, and the past and future of Dubai.
So, sit back, relax, and get ready for a fascinating conversation. And don't forget that the best offers for any properties you can find in YOLO Real Estate! Let's go!
Michael instagram account:
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Order book here:
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Galina Instagram account:
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YOLO website:
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00:00 Intro
01:10 Does the profession Real Estate agent exist?
03:46 What are agents getting paid off?
07:16 How did Michael come to the idea to become a professor in real estate?
10:50 What was the real estate education 15 years ago?
13:30 The reason to choose high education
18:20 What stands behind Michaels book?
26:28 What the key factors led Dubai to be so high demand?
30:28 About interest rates in Dubai
35:50 About payment plans, offered by developers
39:42 About huge gap between residential and commercial properties
45:20 About the fields that need to be improved
49:00 What are the main risks of investing?
55:20 Michael and Galina are playing game-prediction
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