Is this the right time to invest in property? Experts weigh in – ZAWYA

Is this the right time to invest in property? Experts weigh in – ZAWYA

Although distress sales and deals abound in the market, beware of price volatility and falling yields. The UAE Central Bank had recently increased the loan-to-value ratio for first-time house buyers by 5 percent, which means that they have to put up less cash as down payment. ". Dubai still fares well compared to other hotspots like London, Singapore and Hong Kong, which offer average rental yields of around 3 to 5 percent.. The prospects for capital appreciation of property in Dubai are low in the near term, and prices are expected to go down further if the pandemic lasts longer.. " in the medium to long term, Dubai property offers good prospects for capital appreciation.". Most industry experts recommend that house buyers use a mix of cash and mortgage to fund their property purchase.. If real estate seems too expensive, you may consider other asset classes depending on your risk profile..