The market has seen increased demand, causing rents and property values to rise. Simon Baker, Managing Director of haus & haus Real Estate, suggests that for mid to long-term residents, buying is a sensible financial decision, as rents continue to increase.
Dubai's property market offers potential for capital growth, ownership eliminates worries related to renting, and it provides the opportunity to upgrade and personalize a home.
Factors such as area, rental considerations, and service charges should be considered when deciding whether to buy or rent.
The real estate market is fast-paced, with high demand and a lack of available stock in key communities, making it essential for potential buyers to act quickly when the right property becomes available. Dubai's appeal as a long-term home and its stable environment make buying property a sound investment.