I agree with Sgilli's comments, but would add some others.
1. Property is an investment and as such there is no guarantee that it will go up in value. It could fall in value too.
2. The UAE is NOT the west. Non-Emirati ownership is relatively new and you do not have the same security of tenure as elsewhere. Remember this is not a democracy and laws can, and do, change overnight.
3. The mortgage market is restrictive - lenders have panels of developers. Most mortgages are in UAE Dirhams with interest rates of around 8%. Deposits are required of between 10 and 20% depending on the development.
4. A major international bank, that was lending no higher than 70% loan to value (and in assorted currencies) has just pulled out of the market. This will be for good reason.
5. Build quality frequently leaves something to be desired.
Have you not considered that there are reasons why many people don't buy?
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"Good advice is always certain to be ignored, but that's no reason not to give it." Agatha Christie
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