Architecturally diverse developments have a higher value than their homogenous counterparts, data indicates
Dubai’s real estate market is well-known for its peaks and troughs, and its ability to recover again. While the current market downturn has once again led many to scrutinise the value and future potential of various developments based on an analysis of metrics such as unit size, availability of units and upcoming supply, a more subtle reading of data reveals the importance of a long-overlooked factor – architectural diversity.
Research from Reidin, the research arm of Global Capital Partners, a Dubai-based company involved in property development and investment, offers compelling evidence that Dubai’s property market is far more nuanced than is commonly believed and that architectural diversity of community-based developments is a key factor in their perceived value to buyers.
This story is from the October 16, 2018 edition of Bloomberg Businessweek Middle East.
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This story is from the October 16, 2018 edition of Bloomberg Businessweek Middle East.
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