Developers in Dubai are shifting their strategy to affordable housing. However, how much of the announced new supply is actually affordable to end-users in Dubai? Not much.
“Anecdotal evidence suggests a mismatch between affordable stock and the requirements of prospective home owners. While studio and one-bed units appeal to investors, end-user demand is for smaller two-bedroom units at similar entry prices,” a new report released by property consultancy Core Savills reveals.
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