Yes, it is a good idea to buy property in Dubai. This city presents attractive prospects for property investors, boasting higher property yields compared to other global metropolises such as London, Singapore, and New York. In Dubai, it is not uncommon to anticipate monthly rental yields ranging from 6% to 10%, with an average return of around 7.5% (subject to factors like location, property type, and size).
One of the notable advantages of investing in Dubai's property market is the competitive and reasonable property prices when compared to the aforementioned cities. Dubai offers a range of options at various price points, making it accessible to a wider range of investors. The city's real estate market has seen significant growth and development, with a variety of properties available to cater to different budgets and preferences.
