Property investors should 'learn the traits of the market'

06/10/2011 - Dubai Property News Posted by Neil King
Property investors should 'learn the traits of the market'

Property investors keeping an eye on the market in the UAE could be among those interested in the recent comments of one expert.Les Calvert, director at Property-Abroad.com, has advised investors to learn about the individual market that they are planning to buy into before committing to a purchase."Every investment is down to risk and what level of risk you want to take. I am always optimistic that in any market – whether it is stocks, shares, property, gold or diamonds – you have got to know a little bit about your market. Watch the market and learn the traits of the market," he commented."If you can call the turn then it doesn't matter what market you are in, you are always going to be an astute investor."The news comes shortly after a report showed that by the end of the year it is expected that total sales transactions for Dubai property will have reached Dh140 billion.