Dubai property owners are removing properties from the market, with an abundance of opportunist cash rich buyers in the market and the start of finace buyers returning property owners have chosen to withdraw their properties from the market until a time when propery prices rises.

This is activity as frustrated many property investors believing that they can still buy cheap properties with many of them dissapointed that the buyers market again may be changing in favour of a sellers market.

In a little over a month we saw a canal cove villa sell 4 bedroom sell for 4.6m aed and now not available at less than 5m aed whith many villa examples being advertised at 5.5m aed plus.a 10% to 20% gain in little over a month.

HSBC recently announced in their market report that property prices have stabilised and has shown signs of increase this will allow banks to be more confident with their lending that their collateral will stay positive and this in itself will increase the cycle of financial buyers into the market.

Many buyers have taken the opportunity with lower property prices to either upgrade or go into property ownership for the first time. in particular villas in Springs, Jumeirah Village and Jumeirah lake Towers, the traditional favourite of investors with liquidity Palm Jumeirah as seen tremondous sales of Garden Homes and Signature villas with many investors for looking for Multiple unist ranging from 4 to 10 villas at a time.