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Manage My Property Reveals the Six Key Steps Investors Should Follow to Maximise their Property’s Return

by Eddie Rayner

In a bid to enable local and international investors to realise maximum return on investment (ROI) on real estate investments in Dubai, Manage My Property (MMP) has outlined six crucial critical steps that investors should keep front of mind in order to take full advantage of the current real estate boom. 

  1. Have a clear goal in mind for their investments
  2. Know the real estate laws of the location where they want to invest
  3. Choose the right location to invest in
  4. Select a reputable company to manage their property
  5. Invest in maintaining the property properly
  6. Visualise real estate as medium to long term investments and returns.

Each of these six steps plays a crucial role in empowering investors to make the right choices and make profit, however, one that is particularly important is choosing the right location to invest, hence the phrase ‘location, location, location’. When considering a location, investors should bear in mind that the ‘right place’ is contingent on a variety of elements including the present market situation, the local economy, the availability of amenities, and the potential for appreciation. MMP also recommends investors seek out areas with sound economic fundamentals, excellent infrastructure, a growing population, and a high concentration of jobs. Regions with healthy and established rental markets and good schools are particularly desirable investment spots. 

“With 80% year-on-year growth tracked in Dubai in Q1 2023 [1], it’s fair to say the city’s real estate sector is enjoying significant growth and interest from potential investors. However, that doesn’t mean that you can just walk into any property investment with your eyes closed and turn a decent profit in a few months – anyone that tells you otherwise doesn’t have your best interest at heart. With this in mind, we decided to outline the six crucial steps investors should pay attention to, so they adopt the right mind-set, make the right choices with their investment, and can successfully turn a sustainable profit,” says Marcello Arcangeli, CEO of Manage My Property.