Dubai’s property market is full of opportunity — but also full of traps. Investors come in hot, but many leave with regrets. Here are 5 costly mistakes I see people make all the time… and how you can avoid them.

Mistake #1: Buying Without a Strategy

• Chasing trends instead of having a game plan.
• Buying because it’s “trending” — not because it aligns with your financial goals.
• Magdy’s Take: “Real estate is not a lottery. It’s a strategy game. Plan it like war.”

Mistake #2: Ignoring Service Charges

• Low price doesn’t always mean low cost.
• High-end buildings = high maintenance fees.
• Always check: service charges per sqft.

Mistake #3: Choosing the Wrong Location for Your Objective

• Buying a vacation-style unit but expecting rental ROI?
• Or buying far out and expecting fast resale?

Magdy’s Tip: Match location to your strategy — not your emotions.

Mistake #4: Delaying the Decision Too Long

• Great deals move fast in this market.
• Waiting for the “perfect time” = missed equity gains.

Quote:

“I’ve seen people lose 150K in value just because they waited 2 weeks. Dubai doesn’t wait.”

Mistake #5: Skipping the Paperwork Details

• Not reading the SPA carefully
• Not checking developer’s track record
• Not using a broker who protects your side

Magdy’s Rule: Due diligence is everything. No shortcuts.

These aren’t just mistakes. They’re profit killers.
Want to win? You need experience, speed, and strategy — and someone who’s been through it all.

– Mohamed Magdy