UAE Property Investors Caution Against Red Flags in Real Estate Transactions
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- Editorial team
Gunjan Chaurasia, a Dubai resident since 2006, recently invested over Dh4 million ($1.08 million) in a four-bedroom villa within Sharjah’s Masaar 2 community, slated for completion in 2027. Her decision was influenced by the project’s amenities, the developer Arada’s reputation, and the surrounding infrastructure.
Chaurasia emphasizes the importance of vigilance in property transactions, advising that if a deal appears too favorable, it warrants scrutiny. She notes that properties offering substantial size at unusually low prices may conceal underlying issues. Additionally, she highlights the necessity of considering service charges and evaluating the price per square foot to ensure the property’s true value.
In May, Fitch Ratings projected a “moderate correction” in Dubai’s real estate market during the latter half of 2025, anticipating a potential decline in residential prices by up to 15% due to an influx of new projects.
Despite these forecasts, industry experts remain optimistic, citing Dubai’s record population growth and sustained housing demand as indicators of the market’s resilience.
