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Riad Gohar's Advice for Dubai Property Buyers

The Million Dollar Listing UAE star explains why waiting for a price correction may be the most expensive decision Dubai buyers make.

Riad Gohar's Advice for Dubai Property Buyers
Cover: @riadgohar/Instagram
By DUBAI2 min read
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AI summaryauto-generated
  • 1Riad Gohar warns Dubai buyers that market opinions can come from data, routine, advice, or speculation — knowing the difference changes your decision.
  • 2Even during months with a sharp jump in mortgage values, roughly 75–80% of Dubai transactions (excluding land) still happen without traditional debt financing.
  • 3The key metric is the premium gap between ready and off-plan units — if that gap is already wide, buyers waiting for a ready-price drop may miss the window.
  • 4By the time ready pricing shifts enough, the off-plan comparison asset may have nearly completed, closing the original gap and leaving the buyer late.
  • 5Riad's core advice: evaluate pricing at unit, project, and payment-plan level — not by headline mortgage data or correction speculation.

Dubai property buyers love a big market opinion, and Million Dollar Listing UAE star Riad Gohar has given one that actually helps people think smarter. His message cuts straight to how buyers form views in a market full of chatter, routine advice, and speculation. For anyone waiting for prices to fall, his point is a practical reality check: study the pricing gap, study the deal type, and stop treating every headline as a buying strategy.

The Market Opinion Dubai Buyers Need To Question

Riad raises a point many buyers need to hear. A property opinion can come from data, routine, advice, or pure speculation — and those sources can lead to very different decisions. In Dubai, that matters because the market has several layers: ready units, off-plan inventory, land transactions, mortgage activity, and cash-heavy purchases. His view pushes buyers to ask whether their expectation comes from numbers or noise. That question alone can save a buyer from waiting for a correction that may have little connection to the property they actually want.

Mortgage Activity Tells Only Part of the Story

Riad also points to a major detail that many buyers overlook. Even during months with a sharp jump in mortgage values, most transactions still avoid traditional leverage. After land is removed from the equation, roughly 75 to 80 percent of deals happen outside debt-driven buying. That matters because some buyers assume higher mortgage activity equals a weaker market or forced pressure on prices. His reading is cleaner: if most of the transaction base uses cash or limited leverage, price behavior may follow a different path than those buyers expect.

Ready Property vs. Off-Plan Needs a Smarter Lens

The core of Riad's take concerns the pricing relationship between ready property and off-plan options. The key issue, he says, is the premium on ready units compared to off-plan. If that gap already looks significant, buyers waiting for ready homes to adjust may miss the practical window entirely. By the time ready pricing shifts enough, the off-plan asset used for comparison may have progressed or neared completion — meaning the original price gap may have already changed, leaving the buyer late to the deal.

The Practical Lesson for Dubai Buyers

This is the kind of advice that works because it avoids both panic and hype. Dubai property buyers need to judge pricing at unit level, project level, and payment-plan level. A smart decision comes from asking whether the current number makes sense today. Waiting for a perfect correction can sound clever, yet the property market rewards people who read the right indicators early — and in Dubai, that means looking past surface-level mortgage talk and studying the actual pricing spread.

Riad Gohar's take gives buyers a helpful reset. The Dubai property market demands practical thinking, especially for those deciding between ready homes and off-plan opportunities. His message makes one point very clear: buyers need to stop planning around a correction that the market may have little reason to give. The better play is to identify pricing that already makes sense and act from a serious reading of the deal.

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Written by

Julie Buere

Reporting from Dubai — independent, on the ground, and built on local sources.