Areas with a high concentration of identical high density towers such as Business Bay and Jumeirah Village Circle JVC are at higher risk of oversupply. These locations have thousands of new units scheduled for delivery which could lead to increased…
Areas with a high concentration of identical high density towers such as Business Bay and Jumeirah Village Circle JVC are at higher risk of oversupply. These locations have thousands of new units scheduled for delivery which could lead to increased competition for tenants and a potential stagnation or dip in rental and resale prices for standard non luxury properties.
This is general information from the website library. Confirm current rules, fees and property details with the relevant authority before acting.
Ali Faizan Syed’s knowledge centre
Ask Ali about this question · Explore published properties · Browse all questions