After renting in Dubai for 15 years, is buying now finally cheaper? The five numbers every tenant should calculate

A long-term tenant in Dubai spent over Dh1 million on rent over 15 years, prompting consideration of purchasing property.

Mario Volpi, senior real estate investment manager, advises that the buying decision should focus on current finances and future plans rather than past missed opportunities.

Owning a home in Dubai offers stability, equity building, and protection against rising rents, but requires job security, savings, and long-term commitment.

Geopolitical tensions in the region have caused some buyers to delay purchases, awaiting clearer market conditions.

Volpi warns that waiting too long may lead to more competition and fewer negotiating options, but stresses the importance of proper research and due diligence.