Business Breakfast in Tashkent
In June 2024, Neginski founder Andrey Neginskiy spoke at an event hosted by Tashkent business community PRO BUSINESS — a club that brings entrepreneurs together and holds regular meetings for knowledge exchange and networking.
PRO BUSINESS runs formats such as business breakfasts and sessions with invited speakers. The club positions itself as a closed community for its members.
About Andrey Neginskiy’s Talk Topics
Andrey covered two topics:
He shared his experience of developing and growing a real estate agency. He spoke about how to design the business model: processes, team and client service standards. He also mentioned the company’s financial result — $220,000,000 annual turnover — and explained what management decisions and approaches help maintain service quality while scaling.
He talked about investing in UAE property — focusing not on generic benefits, but on the details that directly affect calculations and the investor’s final result. The logic is simple: returns on paper often differ from reality if you do not account for mandatory fees and transaction rules.
Among the basics you need to know when buying property in Dubai are transaction and registration costs. For example, when registering a title transfer, there is typically a Dubai Land Department (DLD) fee of 4% of the property value (in standard sale transactions), plus additional administrative charges depending on the procedure and the type of registration.
Beyond the purchase price, net return is affected by recurring costs and service charges, as well as the contractual terms of a specific project. This is especially important when the goal is renting out or reselling: any unaccounted costs reduce net yield and change the payback period.
Among the basics you need to know when buying property in Dubai are transaction and registration costs. For example, when registering a title transfer, there is typically a Dubai Land Department (DLD) fee of 4% of the property value (in standard sale transactions), plus additional administrative charges depending on the procedure and the type of registration.
Beyond the purchase price, net return is affected by recurring costs and service charges, as well as the contractual terms of a specific project. This is especially important when the goal is renting out or reselling: any unaccounted costs reduce net yield and change the payback period.
For the PRO BUSINESS audience, the value of this format is that it connects two dimensions — entrepreneurial experience and investment practice. On the one hand, participants get a workable management framework (how to build and scale a service business). On the other hand, they get practical guidance on the UAE market: what to calculate, what fees to budget for and where beginners most often make mistakes when they enter overseas property without a structured financial model.