Question: I’ve been actively looking to invest in Dubai property over the past year, but I’m finding the pace of the market unsettling. Prices seem to change monthly, off-plan launches are constant and seem to sell out almost instantly, so I have this overwhelming sense that if I hesitate, I’ll miss out. At the same time, I worry about buying at the wrong moment. How should I or any investors navigate this current real estate market without being driven by fear or hype? DA, Dubai
Answer: This sense of unease reflects the reality of Dubai's property market rather than any individual failing on the part of investors. The market has become more competitive and those conditions can make rational decision-making more difficult than it needs to be.
The first point investors should be aware of is that activity does not necessarily mean opportunity. A frenetic market creates volume, more launches, more transactions, but it does not automatically improve the quality of what is available.
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