You can also read a new press report from today summarising more recent CBRE market analysis here.

My Summary 

As well as monitoring market data, speaking to investors and developers on a daily basis gives me a good idea of what’s happening in real time, rather than looking at data which is a month or so old, the sentiment is still hugely positive in the market place here in Dubai with a number of high profile projects selling in record times, developers hiring areas for product launches etc – there are few global markets with as much attention as Dubai currently. 

There have been a few mentions of the impact of the European unrest on the market, however, I’ve found that this has been directly with individual investors and investor groups that have a business presence in the key countries effected, largely appetite from global investors remains significant in Dubai. I do foresee a slight increase in occupancy rates and capital flowing from Europe into the region. 

To date, there hasn’t been any major trigger which will cause the Dubai market to soften this year in my opinion, I do foresee the rate at which villa/townhouses have increased to soften slightly, however, the overall trajectory of the Dubai market I predict will remain the same for the rest of 2022 despite the Expo coming to an end. 

If you own property in Dubai, or are considering investing, I would highly recommend reviewing the short term let market as a letting strategy, many owners are seeing much larger yield % rates in comparison to traditional long term lets, upwards of 10% net after costs in some cases.  

Also, due to the appetite in the market place, the payment plans from developers which caused such huge demand a few years back have started to slow down. Developers are being slightly less generous with incentives such as shorter payment timeframes, larger deposit levels, less DLD waivers and fewer post-handover payment plans available – so I would encourage investors to utilise this model before it’s phased out further as sales activity continues to remain high. 

Are you considering investing in the Dubai market?

Don’t forget, if you want me to advise on projects suited to your individual requirements, you can complete the Investment Criteria Form here, which will come through to me automatically after it’s complete and enable me to provide tailored advice and project suggestions based on your specific circumstances. 

You can reply to this email or WhatsApp me directly here with any questions or general enquiries. 

Many thanks,

Nick Hyland

CEO