First-Time Buyer Mistakes to Avoid When Buying in Dubai

We’re starting the new year with the latest episode of Allsopp on Air, where Richard Feeney and Daniel Moloney break down what 2026 could look like for anyone thinking about buying or investing in property in Dubai.

They explain what’s really happening in the market right now, why prices aren’t expected to suddenly fall, and how buyers can make smarter decisions in a market that’s become more competitive. Whether you’re buying your first home or exploring an investment, they share why being prepared and acting at the right time can make a big difference.

The conversation also focuses on practical advice for first-time buyers and families, including getting mortgage-ready, choosing the right areas to live or invest in, and understanding the key differences between villas and apartments. They highlight common mistakes to avoid, where off-market opportunities can add value, and what actually matters for long-term growth rather than short-term hype.

The episode wraps up with a clear, easy-to-understand outlook for 2026 and simple guidance to help you move forward with confidence.

Understanding the Market Dynamics

The Dubai property market has been characterised by a consistent flow of launches and developments, a trend Dan anticipates will continue into 2026. Both Rich and Dan suggest that the market won't see a significant slowdown, a sentiment supported by the persistent demand for both apartments and villas.

Debunking Misconceptions

One common misconception addressed is the idea of waiting for prices to drop. Rich highlights that while some prospective buyers hope for a market slowdown, the current demand and development trends suggest otherwise. Both underline the importance of acting promptly when the right opportunity arises, rather than holding out for potential price reductions that may never materialise.

First-Time Buyers: Getting Prepared

For those entering the market, getting pre-approval for a mortgage is crucial. It provides a clear picture of what buyers can afford and helps streamline the purchasing process. Dan advises working with experienced brokers to navigate the market efficiently, emphasising the need for trusted guidance.

Choosing the Right Investment

When contemplating an investment in Dubai, it's essential to understand the long-term market stability and the potential for growth. Both suggest looking into established communities if stability is a priority, while new developments might offer exciting opportunities for those seeking to capitalise on upcoming growth.

Villas vs Apartments: What to Consider

In a competitive market with limited supply, especially for villas, Dan suggests that looking beyond property portals to off-market deals might be advantageous. For apartment buyers, amenities and views are vital factors that can influence future resale value. Rich emphasises that while facilities are attractive, the surrounding community and convenience are equally important.

Looking Ahead: The Market in 2026

Both are optimistic about the coming year, predicting moderate growth in property values. They believe the market's maturity, coupled with the city’s appeal, will continue to drive interest and investment.

In conclusion, Rich and Dan encourage both buyers and investors to make informed decisions based on extensive research and expert advice. By understanding the market's intricacies and acting wisely, 2026 could be a promising year for engaging with Dubai's vibrant property market. Whether you're buying your first home, considering an upgrade, or looking to invest, staying informed and proactive will be crucial.

For the full episode head to our YouTube channel