Broker's Roundtable: Ep 3 - Developer Zeeshan Rasheed & Nikhil Wadhwa on developing in the UAE

In this episode of Broker’s Roundtable, we go behind the scenes of what it actually takes to become a Real estate developer in the UAE. My guest is both a property broker and a developer, having built and sold villas in Ajman and unlike most conversations about property development, he shares the numbers people normally keep private. We break down the entire development journey: how he bought the land, what the plot cost, how he found architects and contractors, construction costs, government support, selling the villas, developer margins, and where the profit is actually made. For anyone researching how to become a property developer in Dubai, how real estate development works in the UAE, or how developers calculate their margins, this episode gives a rare look at the business from someone who has actually done it. We also go beyond development and discuss: • His personal investment experience in Turkey and what he would do differently • Understanding your target audience before investing or developing • Dubai real estate prices and the current property market • The difference between thinking like a broker, investor and developer • Lessons for anyone considering becoming a developer in Dubai or the wider UAE If you've ever wondered how property developers make money in Dubai, how much capital it takes to build villas, how land acquisition works, or what happens between buying a plot and finally selling a completed property, this conversation takes you through the process from the inside. Zeeshan Rasheed: Instagram haroonzeeshan CEO of Wealthcraft Real Estate Broker’s Roundtable brings together people actually working inside the UAE property market for long-form conversations about Dubai real estate, property investment, brokerage, development, market trends and the business behind real estate. If you enjoyed this episode, make sure to watch the previous episodes of Broker’s Roundtable as well, where we sit down with brokers, investors and people working inside the UAE property market to discuss the realities of Dubai real estate, investing, brokerage and development. You can also check out the rest of the channel for more long-form conversations on Dubai property investment, UAE real estate, off-plan property, real estate development and the people shaping the market. Subscribe for more episodes of Broker’s Roundtable and more discussions on investing and real estate across the UAE. Chapters: 0:00:00 Teaser 0:01:24 Intro (don't skip) 0:02:43 Development 0:36:48 Personal Investments (Lessons) 0:49:17 Dubai Real Estate