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The optimal time to purchase a property in Dubai is from October to February, according to a report by real estate consultancy Unitas. December and January are the best months to buy apartments and villas, respectively.
According to Emirates 24/7, the results are based on analysis of transactional activities and price movements over the past years.
A price analysis over the same period reveals the largest percentage change in the market has historically been from March to October, while November to March have been the months with the lowest average monthly rises.
September and July were found to be best months to sell apartments and villas. Dubai Marina and Jumeirah Lakes Towers experience the highest average monthly returns in May and lowest appreciation in January, according to the report.
