May 2, 2018

From CEO's Desk: When is it the right time to invest in Dubai

 

  1. Where are the sale and rent prices going?
In my opinion, rents will come down more and that will affect the sale prices in the short term. In the long term, once the sale prices come down to a certain level, people will choose to buy rather to rent since monthly mortgage installments will become less than the monthly rent. This will push the sale prices up.

  1. Cheaper rents are good for the overall economy:
Majority of Dubai's residents' expenses are paid towards rent. Once it becomes less costly to rent, residents would spend more boosting the economy. Additionally, cheaper rents for businesses means more cash on their books that will lead to their growth and salary hikes for the employees. As the rents come down, the overall living expenses will come down and more people will consider moving to Dubai. Yes cheap rents are very good for Dubai.

  1.  When is the right time to invest in Dubai:
The right time to invest in Dubai is now. The sale prices have shrunk as supply currently exceeds demand. Investors and residents must realize the current prices will not be available forever. Real estate prices behave in a cycle and this cycle is proven to repeat itself historically. Just have a look at the cycles between 2002-2009 and 2010-now.
 

Real Estate Event Updates: April

  1. International Property Show, Dubai
    Date: April 9 –11, 2018
    Venue: Dubai World Trade Centre Dubai
    The International Property Show-Dubai is an eminent real estate show showcasing various properties such as homes, villas bungalows, flats and apartments.
  2. Egypt Property Show
    Date: April 12 – 14, 2018
    Venue: Dubai World Trade Centre Dubai
    EPS will bring together all major real estate developers where they will be able to gain strong brand exposure and promote and showcase their products to a vast audience from all over the world.
  3. Indian Property Show
    Date: April 21 – 23, 2018
    Venue: Dubai World Trade Centre Dubai
    The Real Estate Industry trade fair.