Why is the 2.75 million dirham price point considering a rarity

The 2.75 million dirham price point for a 4 bedroom townhouse is considered rare because construction costs and land prices have risen sharply in Dubai. Most comparable launches in established communities are now pricing above 3 million or even 3.5…

The full explanation

The 2.75 million dirham price point for a 4 bedroom townhouse is considered rare because construction costs and land prices have risen sharply in Dubai. Most comparable launches in established communities are now pricing above 3 million or even 3.5 million dirhams. Finding a brand new unit with modern amenities at this lower threshold offers a safety margin for investors protecting them against market corrections and offering a higher ceiling for future value growth.

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