Record noise sales and two -digit price increases reflect the sustained demand, directed by global buyers, continuous to boost the Emirate as one of the most attractive real estate markets in the world.
But is it the right time to invest in the real estate market of Dubai?
“Yes, now it is a great opportunity to invest in real estate of Dubai,” said Lewis Allsopp, president of AllSOPP and AllSOPP Arab business.
“The history speaks for itself, with those who have previously invested experiencing constant growth and strong yields. With industry professionals, the investment of activities and the EAU economy that prosper in the sectors of Varouse, Dubai continues to sacrifice the opportunists to sacrifice the choice for investors looking for robust yields in a dynamic global market,” he added.
Dubai’s real estate market continues to attract global investors drawn by its lucrative tax free income, strategic position as a global center and world class infrastructure, Chistopher Cina, Betterhomes sales director, Betterhomes added.
“Recently, US tariffs have introduced global economic uncertainty, notices to search for stable markets such as Dubai. In addition, the elaboration of the US dollar, which is being linked to the EU Dirham, has made Dubai Tromuly, indefordable and Russia, explained that there are many signs and indicators that investors should seek to determine if it is the appropriate time.
“No one unfortunately has a ‘glass ball’, however, there are a lot of data available today. Investors must monitor key metric, such as the general economic perspectives, the force of the currency, the supply figures and the growth of the population, as well as the general tendencies in the prices in Dubai as a whole and the specific areas that are considering,” he added.
Apart from this, AllSOPP explained that prices have seen a “significant movement” in 2024, with constant growth, without deceleration.
“Our data show a significant 41 percent leap in the average price of the villas and the houses attached, fed by high demand and not sufficient Av Byrile properties. As long as this shortage continues, it is likely that the prices of this type of housing housing are likely.”
So in what areas of Dubai should they buy or rent properties at this time?
“At this time, intelligent investors are focusing on areas with a strong infrastructure, those with exciting future developments and locations that consistently see a high rental demand,” explained AllSOPP, value of POPTIC lateic measures and potential for a substantial appreciation of capital.
Looking towards the future, AllSOPP suggested that investors should closely monitor the projects of the Villas community outside the plan and any available villa.
“The lack of currense supply within the Villas and Toilhouse market creates a competitive price setting environment and presents a strong opportunity for the appreciation of long -term capital in these types of properties. This supply of funvas of the Dubemantse offer.”
Betterhomes CINA explained that there are multiple attractive investment areas in Dubai, with the decision to buy or rent ultimately, depending on the specific needs and circumstances of each investor.
With the mortgage payments that are currently executed lower than rental costs for comparable properties, the purchase makes financial sense, particularly for those who plan to remain in Dubai for the medium and long term, he added.
“Palm Jebel Ali has certainly attracted a lot of interest recently with Nakhel and a great infrastructure there is being carried out there. There have also been a series of new developments that attack a lot of interest, such as Ghal Suspamersaim and Emaar South,” said Cina.
International demand increases as experts share tips for buyers for the first time
British buyers dominated the market in Q1, largely motivated by lifestyle considerations and favorable currency exchange rates, said AllSOPP, added that Indian investors maintained a significant presence, pursuing properties that have dual purposes such as personal residences and rental active revenues.
“Interestingly, we are also seeing an increase in the interest of Canadian, Lebanese and French investors, attracted by the stability of Dubai and the incentives of attacker,” he added.
As for buyers for the first time, Cina recommends “finding a large reliable and well established agency, understanding its budget along with all associated costs, obtaining pre -approved if you buy with a mortgage as excellent properties does not remain for a long time. Very good as what you can compromise, since there is generally something you have to give.”
He also pointed out that common errors include not consulting with mortgage corridors at the beginning of the process and not thoroughly analyze financial implications before property visualizations.
“I would say that taking too much time if there is a perfect property in which we understand, particularly for buyers or customers for the first time they are new in the market, since the market is still very bus with the first quarter of the transaction,” Hey. “
In addition, AllSOPP urged investors to “take the time” to investigate several neighborhoods, analyze the records of developers and identify the types of properties that are optimally align with the financial limitations and expected yields of the investment.
“Crucially, be sure to have a clear understanding of the payment plans, the advice of the service charges and the possible rental yields. Do your homework and have the appropriate guide will prepare it for success,” he concluded.
