Currently there is a noticeable price gap in JVC. Resale properties are trading between 1000 and 1200 dirhams per square foot while new off plan launches are being priced between 1400 and 1800 dirhams per square foot. This premium means off plan inv…
Currently there is a noticeable price gap in JVC. Resale properties are trading between 1000 and 1200 dirhams per square foot while new off plan launches are being priced between 1400 and 1800 dirhams per square foot. This premium means off plan investors are paying significantly above current market value banking on future appreciation that may be difficult to realize given the massive incoming supply of similar units.
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