Real estate investors an oversupplied Dubai property market with caution have been informed to look once more and see that present problems could produce solid tool to long-term gains.

Firas Al Msaddi, CEO of fm Properties, among the UAE's greatest realty brokerages, states customers must be encouraged to go into the market today by rate levels at their least expensive for the last five years.

Al Msaadi says the key for financiers is to look past shiny brochures and websites and perform thorough marketing research to get a clear image of where when to acquire.

He said: "Daily basis clients are asking me, Is the Dubai real estate market oversupplied? The answer is yes, there is weaker demand accompanied by a higher supply, and thats why the prices are where they are

" If demand was higher, costs would be dual what they currently are, so today's market provides excellent opportunities. Investors should see past the marketing product they're bombarded with and study the data that's readily available in today's open source market from the government of Dubai."

A real estate price index generated by fm Properties utilizing Dubai Land Division data highlights the fluctuate in vacation home and house rates in between 2012 and completion of 2017.

Average villa and apartment rates per ft2 climbed to a peak to the end of 2014 before falling close to 2012 degrees at the end of 2017.

Investors need to do their homework, said Al Msaadi. "If they do they'll see that the most money made from realty is when rates are reduced, as they remained in 2012. Capitalists who got then have actually done effectively due to the fact that we saw a clear spike in costs approximately completion of 2014.

" We're now pull back to 2012 cost levels, but they're not mosting likely to remain there. Dubai has a tested performance history in conquering the sort of obstacles we've been seeing recently. So currently is a great time to invest again at the start of another cycle."

A research by UAE University in August 2017 found that Dubai is one of the fastest growing cities worldwide, with a population development of 1,000% in just 40 years. The research forecasts that the current population of 2.88 million could greater than double by 2027 at the exact same rate.

Inning accordance with the Dubai Land Department (DLD), 217 citizenships spent an overall of AED151 billion in Dubai's realty market between January 2016 and June 2017.

Al Msaadi anticipates a surge of activity by early 2018 from sovereign wealth funds, regional possession supervisors, pension and insurer, partially due to the intro of VAT which will certainly bring added transparency to real estate deals in Dubai. He says this is an essential condition for institutional financiers to get in the Dubai market.

Caption: Firas Al Msaadi: Todays oversupplied property market presents investors with a prime ROI opportunity