Artificial intelligence identifies 5 typical risks when investing in property in Dubai
AI-powered Dubai property company Realiste has identified the top five risks of investing in Dubai’s real estate market.
Using artificial intelligence data and insights it aims to provide support for investors looking to navigate the dynamic the UAE real estate market.
As Dubai’s real estate market has evolved it has become a destination for beginner and experienced investors from around the world.
Dubai real estate investment tips
Realiste has identified five typical risks and how to deal with them.
- Resale Problem: Realiste says resale of properties in Dubai can be challenging due to the dominance of realtors in the market. The solution, according to Realiste, is to calculate your profit, taking into account a selling cost of at least four per cent
- Market Volatility: Dubai’s real estate market is known for its volatility. However, Realiste’s data suggests that the market is likely to continue growing due to the influx of international investors seeking a safe haven for their investments
- High Service Charges: Service charges in the emirate are high due to amenities and air-conditioning costs. Realiste advises investors to factor in these costs when calculating potential returns
- Hype Projects and Locations: Many investors are drawn to high-value projects and locations in the city, often paying a premium for them. Realiste provides comprehensive analysis and recommendations on these projects, helping investors make informed decisions
- Off-Plan vs Secondary Market: Realiste’s Index shows that off-plan projects are often more expensive than similar projects on the secondary market. The solution, according to Realiste, is to diversify investments between the secondary and primary markets
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