Why is the secondary market in Dubai Creek Harbour trading lower than new launches

The secondary market in Creek Harbour is currently trading at a discount compared to new launches which creates a value gap. Sellers who bought years ago at lower prices are sometimes willing to exit at a profit that is still below the current devel…

The full explanation

The secondary market in Creek Harbour is currently trading at a discount compared to new launches which creates a value gap. Sellers who bought years ago at lower prices are sometimes willing to exit at a profit that is still below the current developer asking price. This presents a golden opportunity for buyers to pick up ready or near ready units at a price per square foot of around 2100 while new off plan launches are hitting 2500 or more.

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