My Dubai Journey: “From Struggling with English in My First Job to Earning Dh200,000 a Month in Real Estate”

My Dubai Journey: “From Struggling with English in My First Job to Earning Dh200,000 a Month in Real Estate”

Adilet Chynystanov embodies the success that many aspire to achieve in Dubai’s dynamic real estate market. Hailing from Kyrgyzstan, he moved to the UAE in 2012 with the hope of transforming his life and career. Starting in travel retail, his journey has taken him to become an associate director in a leading real estate agency, where he collaborates with esteemed developers like Emaar and Damac to handle high-value property sales.

## Early Career Beginnings

Upon arriving in Dubai, Adilet took his first step in the professional world as a sales assistant at Dubai Duty Free, earning around Dh3,000 monthly. Language barriers were a challenge; he didn’t speak English at that time, but his ambition pushed him forward. With dedication and perseverance, he transitioned from a sales assistant role to a supervisory position over eight years. His commitment to learning and engaging with clients laid the foundation for his current success in the competitive real estate field.

## Transitioning to Real Estate

In 2021, motivated by the potential for growth in real estate, Adilet decided to shift his career path. He began as an intern at a real estate agency, successfully closing his first deal within a month. Despite facing initial financial constraints, where he relied on his wife’s income, he quickly began to excel in the hospitality and sales domain. Starting primarily with rental transactions, Adilet soon progressed to the resale market of Downtown Dubai and now holds the position of associate sales director, overseeing a team and driving developer sales. His remarkable progress highlights the vast earning potential within the real estate sector, with experienced agents seeing monthly incomes upwards of Dh200,000.

## Investment Philosophy

Adilet adopts a proactive approach when it comes to personal finance, particularly emphasizing the importance of investment over saving. He believes that merely saving money is insufficient due to inflation, opting instead to invest in properties across the UAE. His portfolio includes a two-bedroom apartment in Jumeirah Village Circle and other properties, reflecting his confidence in the long-term value of real estate. Adilet’s investment philosophy underscores the importance of understanding asset classes before diving into them. This strategic outlook is especially relevant in the real estate market, where he prioritizes knowledge and calculated risk.

## Financial Management and Goals

Adilet’s upbringing influenced his attitude towards money management. His mother, a skilled investor in real estate, instilled in him the principles of acquiring assets for long-term gain. As a family, they practice conservative spending, focusing on meaningful experiences over extravagant purchases. Adilet strives to maintain a balanced budget while avoiding unnecessary debt, aligning his financial goals with a vision of generational wealth for his daughter.

Setting ambitious yet practical long-term goals, he aims to build a property portfolio in Dubai valued between Dh20 million and Dh30 million, generating passive income without the burden of debt. To him, financial freedom means having investments that can support not only his family’s current lifestyle but also safeguard their future expenses, thereby ensuring security in a prosperous life.

In conclusion, Adilet Chynystanov’s journey in the Dubai real estate market illustrates how determination, strategic planning, and a sound investment philosophy can lead to success. His story serves as an inspiration for those looking to make their mark in dynamic markets.