3 Hrs
Source:
الخليج
UBS: Dubai is third in homeownership ease
Dubai, according to the 2026 UBS Real Estate Bubble Index, stands out as one of the top global cities where owning a home is relatively easy. It takes approximately five years' worth of income for an individual to purchase a 60-square-meter apartment near the city center, a short period compared to other major markets like Hong Kong and London. Additionally, Dubai ranks second worldwide in terms of price-to-rent ratio, with the value of an apartment equaling about 16 years of rental income, indicating a relatively balanced relationship between sale prices and rental rates. Calculations confirm that the costs of owning property in Dubai are lower than the costs of renting, which enhances the appeal of buying. This is especially notable given that residential prices increased by 0.4% in the second quarter of 2026, while rents declined by the same percentage, signaling market stability and growing demand for ownership.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)