For those people who decided not to buy, the most common reason was the high cost of property, therefore, people will start thinking mainly about prices in Dubai, and will believe that as an exception of Abu Dhabi, the other emirates are all far cheaper to buy in. 12% were holding off because they were concerned about the market, again suggesting that people felt prices in Dubai had become very high and they were worried about a property crash. The two most popular reasons for buying were to live in and as an investment, showing that while some respondents have decided not to go one step forward because they lacked confidence in the market, there are plenty who still believe they can make money through property
Certain analyses included that payment of instalments should be around the rent being paid in Bur Dubai or Karama. Others thing that it is better to buy and make an asset rather than paying for an unowned property. Rent is too high in Dubai, and I prefer to use the money by investing in real estate in a good property.Others pointed to the good rental yields.
