Misconceptions about the Dubai residential real estate market

first misconceptions:

You have to be rich to invest in Dubai.
Contrary to popular belief, the Dubai real estate market is not for luxury real estate buyers.
A large part of the Dubai real estate market is reserved for mid-range properties with acceptable and reasonable prices, and many buyers can afford to buy in this market.

second misconceptions:

Renting a house is better than buying it:
There is a misconception that renting a house is a safe option compared to buying a house, which is risky.
Buying a house in the long term will bring you more benefits due to the growth of property prices and rental income.

third misconceptions:

Pre-buying a house has a high risk:
Buying a property from a reputable developer can reduce risk and is a very profitable investment in fast-growing areas like Dubai.
Do complete research in choosing the location and property developer.

fourth misconceptions:

Invest only in developed and completed areas and neighborhoods:
Limiting the circle of investment to known and completed locations means losing investment opportunities in potential and growing areas.
When considering different areas, investors should pay special attention to the price growth potential of new areas.