Question: I keep hearing that Dubai property prices are already too high and that the best opportunities have passed. At the same time, transaction volumes remain strong and new projects are launching weekly. From a realistic investment perspective, is it too late to enter the market, or is that an oversimplification? I really want to get on the property ladder but am concerned I will be paying top dollar so to speak. PT, Dubai

Answer: This question arises at almost every stage of a property cycle, and it is rarely as straightforward as it appears. The perception that opportunity disappears once prices rise is understandable, but it oversimplifies how real estate markets function.

What has undoubtedly passed is the early recovery phase, when prices were rebounding

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