Dubai Gearing up for Affordable Homes With Attractive Yields

Demand for high-end housing land in Dubai will remain stable right through the end of the decade, while it will be less so for the economical options, according to an outlook by the specialist Core.

The comparative resilience of prices in most of the official foremost areas is an interesting aspect coming to fore said David Godchaux, CEO this is substructure by finite new supply and continued demand from ultra-highnet worth investors (UHNWI)wanting to own ultra-prime lands in Dubai’s epochal  places such as bungalows in Palm Jumeirah Freehold Planning like City Walk.

A number of new housing projects driven by the affordable residential theme have come to the market with the attractive coast appealing to investors and real estate endowment looking to diversify their portfolio.

But the emirate’s economical residential hawk will continue to present itself as something of unstable investment opportunity.

While we do not believe strongly in economical residential as compelling investment in the long-term in Dubai in comparison  to other section of the market, we still believe there are best opportunities to seize given that most potential customers in this segment are still unable to ownership due to current mortgage restrictions keeping the yields at artificially high levels.