Traps to avoid when buying property in the UAE

The sales market has been buoyant in the off-plan sector but troubled in the secondary market for some time now. Prices have been sliding since 2015 due to the oil price crash and resulting issues around the Gulf. However, oil is at a four-year high hovering above $75 a barrel and there is much talk of a pick-up in government spending, not just here in the UAE but across the Gulf. It is just a matter of time before the secondary property market starts to come back again so do your homework now to be ahead of the curve when it turns the corner.

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