60% seems a bit much for a year, even for dubai, standard capital appreciation in Dubai and throughout the UAE in all honestly are running at 10-11% per annum. We have some properties available in places like abu dhabi which over 5 years are estimated to give returns of 122% profit but that is including rental profits alongside capital appreciation.

Big profits are generally on the table who are willing to wait and hold on to the properties for a a couple of years rather than shift them within the year, in my opinon.