Houman Jalouti across four chapters: as an engineer, at business school, refereeing at a World Taekwondo international seminar, and in a client meeting in Dubai

Dubai property, by the numbers

I trained as an engineerearned an MBA, and became aninternational taekwondo referee.

All three are the same job: read the situation fast, call it honestly, and don’t flinch when the call is unpopular. That is what I do with Dubai property.

01Engineer
02MBA
03International referee
04Dubai property

Insights

What the market rarely talks about

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Featured

The WOW Tower in 12 parts, every figure with its source.

Prices, the 35/65 and 50/50 plans, the 7% guarantee on the offices, the developer's record, rents, resale and buying from abroad, in 12 parts with every figure sourced and dated, plus the brochures and floor plans to download.

Analysis

Fewer deals, bigger tickets. The average sale rose 9.4%.

New

One Middle East city made the world’s richest 40. Not Dubai.

Launching now, and already gone

All off-plans

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Houman Jalouti
Real Estate Investment Advisor in Dubai | Helping investors underwrite off-plan & secondary deals with financial models | International Taekwondo Referee Road to LA28
4d •
+ Follow
A Dubai off-plan structure built for risk-averse investors. The main uncertainty in rental property is income: vacancy between tenants, renewal negotiations, and rents that move with the market. This structure removes that for 10 years: 📈 7% net rental return, guaranteed for 10 years - Payments during construction linked to build progress - 20% down payment, with the post-handover balance partly covered by the guaranteed return - No tenant management, vacancy periods or rent negotiations - The guarantee fixes your income for a decade, whatever happens in the local rental market. Suited to investors who prioritise predictable cash flow over maximum upside. 🔗 I’ve published a 12-part analysis on hoomanjt.com, comparing every aspect of this investment with the market, from the developer’s background to the payment structure, rental demand and exit strategy. To learn more, contact me directly: 📞 +971 58 686 6733 #DubaiRealEstate #RealEstateInvestment #PassiveIncome #HoumanJalouti #hoomanjt
Houman Jalouti
Real Estate Investment Advisor in Dubai | Helping investors underwrite off-plan & secondary deals with financial models | International Taekwondo Referee Road to LA28
6d •
+ Follow
Dubai property deals are down 44% from last year. Prices are down 2.4%. Both are true. Only one is making the headlines. If buyers were leaving, prices would be falling with them. In September, they weren't. Look past the deal count and the picture changes. - The average deal grew to AED 2.6M, from AED 2.38M in August. - Mortgage value is 37.6% above last year, while total sales value is 45.8% below. - Price per sqft was the second highest of any September since 2014. - Fewer deals, bigger tickets, more mortgage money. That doesn't look like a market collapsing. It looks like a market changing who is buying. - The full September report is attached. - For the complete analysis, including what it means if you're buying, selling or holding, read the article on my website: https://lnkd.in/dMwq4Nk6 Figures sourced from Dubai Land Department transaction data & DXB Interact. #Dubai #DubaiRealEstate #DubaiProperty #PropertyInvestment #MarketReport
Houman Jalouti
Real Estate Investment Advisor in Dubai | Helping investors underwrite off-plan & secondary deals with financial models | International Taekwondo Referee Road to LA28
2w •
+ Follow
Developers are giving a 4% discount most people ignored it. It's in the payment plan. 80/20: you pay 80% before handover. 20/80: you pay 20% before handover, and 80% at the keys. On a AED 2M unit, a 20/80 plan leaves AED 1.2M in your pocket for three years. Borrowing that from a bank at 4.5% a year (compounded monthly) would cost about AED 80,000. 💡 That's roughly 4% of the price, for free. Now compare the full cost of two AED 2M homes. - Off-plan, 20/80, DLD fee waived: Real cost: 2,056,000 Cash at signing: 400,000 - Ready, 80% mortgage: Real cost: 2,147,000 Cash at signing: 547,000 The difference comes from the 4% DLD fee, 2% agency fee and bank fees on the ready unit, minus the cost of paying 20% early on the off-plan one. 🔍 This only works if the off-plan price is fair compared with ready units nearby. The ready unit also earns rent from day one. Which one would you choose? Tell me in the comments. #Dubai #RealEstate #OffPlan #HoumanJalouti #hoomanjt
Houman Jalouti
Real Estate Investment Advisor in Dubai | Helping investors underwrite off-plan & secondary deals with financial models | International Taekwondo Referee Road to LA28
3w •
+ Follow
On 16 September, the Fed raised rates by a quarter point. Hours later, the UAE moved its base rate from 3.65 to 3.90 percent. The UAE didn't choose that. The dirham is pegged at 3.6725, so the decision arrived here the same day it was made in Washington. For property investors, one number changed everything. 💰 A dirham term deposit now pays roughly 4 to 4.4 percent. The retail government sukuk paid 4.30 percent fixed, government-backed. 🏢 A Dubai apartment averages about 7.1 percent gross, near 5 percent net. That is roughly 70 basis points over the sukuk, for an asset that takes months to sell and costs 6 to 7 percent to enter. 🏡 A villa averages 4.9 percent gross and about 3 percent net. That is below a bank deposit. 🏦 And if you're borrowing, a Dh1.6M mortgage costs Dh222 more a month, while the same salary now supports about Dh61,000 less. 🟢 Here is the conclusion I'd rather you hear from me than learn later: "At these rates, not every unit beats a risk-free deposit." Average stock no longer clears the bar. Scarce stock, a long payment plan, or genuine capital growth still can. The market got more selective, so the choosing matters more. If you want to know whether the specific property you're looking at actually clears 4.3 percent after service charges, that is exactly the work I do. First review costs you nothing. 📞 +971 58 686 6733 Full breakdown on my website: hoomanjt.com #mortgage #fed #pegged #hoomanjt #houmanjalouti #investment #dubai
Houman Jalouti
Real Estate Investment Advisor in Dubai | Helping investors underwrite off-plan & secondary deals with financial models | International Taekwondo Referee Road to LA28
1mo •
+ Follow
"Construction costs are rising, so property prices must rise too." 🧮 We hear this every week. My background is in finance, so instead of repeating it, I modelled it. (Degree of Total Leverage - DTL) 1️⃣ Start with what an apartment price is actually made of. It splits into construction, land, fees, marketing, and the developer's margin. The construction share is the key variable, and it depends on who is building. 2️⃣ Big integrated developers build in-house and sit on land acquired years ago. Their construction cost is roughly 30% of the sale price, and their reported net margins run around 50%. 3️⃣ Small developers hire external contractors and buy land at today's prices. Their construction share, as they have to pay a premium to the external contractor, is closer to 50%, on margins near 15%. 4️⃣ Now push construction costs up 10%. The integrated giant needs only a +3% price move to fully recover it. The small developer needs +6%. Even the worst case justifies barely half the claimed increase. 📊 5️⃣ And recovery assumes buyers cooperate. They set prices, not invoices. When the market can't absorb it, the shock lands on margins: roughly −40% of profit for the small developer, but only −6% for the giant. The players who set market direction are almost immune to the very story being used to sell you. 6️⃣ The honest version: sustained cost inflation squeezes small developers out, fewer projects launch, and less supply arrives in 2 to 4 years. If demand holds, prices rise then. Through scarcity, with a lag. Not through this quarter's invoices. ⏳ So the claim isn't a lie. It's a half-truth sold without the timeline or the mechanism. I analyse what this market says instead of repeating it. If that's the kind of advisory you want before your next purchase, follow me here or reach out through my website (hoomanjt). 📩 +971 58 686 6733 #constructioncost #Investment #DTL #Operationalleverage #hoomanjt
Houman Jalouti
Real Estate Investment Advisor in Dubai | Helping investors underwrite off-plan & secondary deals with financial models | International Taekwondo Referee Road to LA28
1mo •
+ Follow
🇦🇪 Tabby, but for rent. Except it did not come from a startup. It came from the regulator. Buy now pay later exists for one reason. A lump sum blocks a purchase someone can comfortably afford monthly. Dubai just applied that to the biggest lump sum in a resident's year. 📌 June, rent can be split into instalments. July, residents earn credit for bringing overseas guests. September, a bank fronts the annual rent and the tenant repays over twelve months, interest free. Three moves in one quarter. Not one of them touches what a landlord earns. 💡 That is the part investors should notice. Most governments answer high rents by capping them. Tenants win, owners lose. Dubai capped nothing. Same rent, smaller payments. ✅ And that helps owners too. More tenants can afford the unit, so it sits empty less and you discount less at renewal. 💬 So when a client asks what stops the government from capping your returns, you have three answers from a single quarter. 📖 What each scheme actually costs a tenant, including the part nobody Full article on my website: https://lnkd.in/dC64gv4T ❓ Which friction should Dubai remove next? #Dubai #RealEstate #PropertyInvestment #HoumanJalouti #Rent #FlexiRent

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