On The Money | The National

In the years since the pandemic, the UAE’s property market has felt like a race you could never quite catch up with. After an initial drop, prices soared, bidding wars became routine and buyers were pushed into snap decisions out of fear of missing out. But things are beginning to change.

New data suggests Dubai’s residential market is entering its most buyer-friendly phase in years. Villa prices are stabilising, transaction volumes have slowed and sellers are becoming more open to negotiation. For anyone who has spent the past few years unsure if it was the right time to buy, this could be the opening you’ve been waiting for.

However, anyone viewing this window as a short cut to making a quick profit will be disappointed, experts say. The buyers most likely to benefit are those thinking in decades, not months.

In today’s newsletter, we dive deeper into the UAE property market, hear why a business owner believes it’s imperative to keep a separate bank account to your husband, and learn how British citizens in the UAE may still be tied to the UK tax system without realising it - and could be making a very expensive mistake.

Are you thinking about entering the UAE property market? Let us know at pf@thenationalnews.com.

Dubai's residential property market has entered its most favourable conditions for buyers in several years, with villa prices stabilising, transaction volumes slowing and sellers showing greater willingness to negotiate, according to industry experts and new market data.