Should I buy a property in Dubai? If so, a villa or a flat? What do property buyers in Dubai prefer?
Deciding on a property investment is a personal choice, but the Dubai market is definitely expecting exciting times ahead. Timely investments will most likely bring investors or homeowners good long-term returns of rental income and capital appreciation. For buyers looking at apartments, they need to take a prudent approach as prices are still in correction mode. A fresh supply of new apartment units is expected in the market, but as the rental yields are still pretty much stable, it makes sense to buy rather than keep renting long term. For buyers looking at villas or townhouses, investors get better value with trade-off in terms of space, and they get to live further out of downtown areas. Hence, community serenity is a key attraction. For many people, a villa or townhouse is the preferred option as they have land to call their own.
Read more on Gulf News: http://www.gnproperty.com/a/investment-guide/ask-agent-be-sure-your-investment/