Hi to all! This is my first post. I am a newbie investor in Dubai. I currently have 2 investment properties with a 3rd getting transferred next week. Dubai is an exciting market for me. After many years of lower and lower prices, it reached its low during corona. Mostly driven by "normal business cycle", "after corona boom" and Expo in Dubai I can see a price increase. The price increase for single family houses is 20-30% since beginning of 2021, apartments around 5-10%. Rents come up as well and I believe Dubai will see even more growth next year. There seems to be a plan in place to allow gambling which will further boost everything here.
I mentioned above that I am a newbie investor, not entirely true, I own a good number of rental property in Germany.
Is anyone here active in Dubai, currently looking to invest in Dubai or just living here?
