Time Is Money: Why Waiting For The "Perfect" Time To Buy Could Be Costing You Millions
This week on Taking Care of Business, our Chairman, Lewis Allsopp, sits down with our CEO, Carl Allsopp. Tune in as they discuss the October market snapshot, why time in the market is better than timing the market and how it could be the ultimate make-or-break factor when investing in properties!
Let's dive into their discussion
Looking into the resilience of Dubai’s real estate market
In this episode, Lewis and Carl started talking about what makes Dubai’s real estate market so resilient. They discuss how, even with global events like the US elections on the horizon, Dubai remains a steady and attractive option for investors.
They further chat about the strength of the market and the exciting opportunities still available in the city. Touching a bit on the market report for October.
Could US elections impact global real estate?
The brothers further touched on the upcoming US elections, chatting about how a potential change in leadership might influence global economies.
Carl shared his thoughts on Donald Trump’s leadership style and how he believes it can bring stability to businesses, connecting the dots between international politics and Dubai’s appeal as a safe investment for real estate investors - and what impact this could potentially have.
Is Dubai expecting another year-end real estate surge?
Moving back to local news, Carl and Lewis talked about why Q4 is such a hot period for Dubai’s property market - how this season sees an influx of high-net-worth investors, driving up demand for properties.
They explain how rising global wealth has led to more people choosing Dubai for luxury investments, with prices reflecting the increased interest. They further talk more about the market snapshot - tying in key figures with their predictions for whether the market is up for another year-end surge.
Is it the right time to buy?
Carl answers a common question for investors: when is the “right time” to buy? He shares that time in the market is often more beneficial than timing the market. Their advice? Think long-term, let property values appreciate, and avoid the rush to buy at the “perfect” time.
Who’s buying in Dubai?
Carl also gives some insight into the buyer demographics fueling Dubai’s growth. With British, Indian, and Canadian investors leading the way, Dubai’s market is full of diverse buyers - Carl also shares his insights into new nationalities buying in the market and the impressive surge seen in the market.
Want to know more about the October Market Snapshot? Tune into Taking Care of Business, every Friday!