Manage My Property reveals the six key steps investors should follow

Manage My Property reveals the six key steps investors should follow

Dubai’s real estate sector is proving one of the strongest globally with 80% year-on-year growth and property transactions totalling AED157 billion recorded in Q1 2023

UAE: In a bid to enable local and international investors to realise maximum return on investment (ROI) on real estate investments in Dubai, Manage My Property (MMP) has outlined six crucial critical steps that investors should keep front of mind in order to take full advantage of the current real estate boom.

- Have a clear goal in mind for their investments

- Know the real estate laws of the location where they want to invest

- Choose the right location to invest in

- Select a reputable company to manage their property

- Invest in maintaining the property properly

- Visualise real estate as medium to long term investments and returns.

Each of these six steps plays a crucial role in empowering investors to make the right choices and make profit, however, one that is particularly important is choosing the right location to invest, hence the phrase ‘location, location, location’. When considering a location, investors should bear in mind that the ‘right place’ is contingent on a variety of elements including the present market situation, the local economy, the availability of amenities,