Investment Advise, sell or hold investment question?

[Mohammad Rashid]

Hello from Dubai!

I purchased one townhouse in Dubai in great location within one of the best communities in Dubai, this is my first property and I got it as investment. Great asset to keep with around 6.5% ROI.

However, recently due to EXPO and other reasons the same property have appreciate in value by more than 24% which is great and I am currently thinking of selling and reinvest again later when the market goes down (after expo) or perhaps go bigger with multiple doors strategy.

I am not sure if this is the right decision to make? Maybe I am a bit emotional about it as it’s my first investment and it’s good asset.

What do you think, exit and benefit from the premium price now and reinvest again? Or keep on hold?

Much appreciated guys!