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Property prices in Dubai
2 Views • Dec 03, 2014
Description
Source: http://www.thefirstgroup.com/
Different infrastructure projects can become a unique selling point for every Dubai area as they may increase business opportunities for occupiers.
The main price-affecting point is location. Top-priced commercial, hotel and residential property facilities are located in TECOM, Dubai Marina and Dubai sports city areas correspondingly.
Infrastructure defines property prices as well. Top-priced residential property is located near shops, hospitals, post offices and other service delivery facilities. Highly valued commercial property has parking spots, bank offices and food facilities nearby. Top-priced hotel properties are located near main tourist attractions and beaches.
Close proximity to transport stops increases prices housing property. Location near new roads and transport junctions adds to prices of commercial property but reduces prices of hotel.
Ecological state of the city area is important to all kinds of property as areas with polluted air or water are not demanded.
Top-priced commercial property has a view on attractions across the emirate. Highly valued hotel facilities have a sea view, and top-priced residential property is remote from construction sites and underdeveloped yet areas.
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