Land prices in Dubai are 50% cheaper than in 2008



At the moment, Dubai's average sales price is 323 square feet.
According to industry stakeholders, it's good to look for a good country that is virtually impossible to buy on the market successfully on the market.

According to the data, Dubai's average price is now 325 square feet - this is the average for free and rental space. But 2007-2008 D700 to D800 per square foot.

The average price of Dubai and DIFC plots is now around 2000 square feet AED. At the same time, according to Reid, the average price of urban buildings is 250 square feet for a square footprint.

"It means saving huge amounts of spending and plans of appropriate strategies developed to maximize the return on investment. Investors are taking advantage of cheap land now with high quality Dubai Residential to offset the opportunities for profitable growth. He failed Investors in the research market in detail, so that they would choose the right conspiracy and suitable development plans could make a profit, "said Firas Al Msadd, Managing Director of FämProperty.

In general, the value of the state directs the performance of assets on this basis. In recent years, many Dubai countries have fallen, reflecting a decline in the category of real estate in the city, the group's managing director and real estate consultant manager, described by King Deglan ValuStrat.

The value of land in Dubai is usually determined by the ratio of AED to the developed area of ​​development (construction site) square foot. Therefore, the developer binds the price of the land together with the total value of the development of the final product and the cost of delivery of the project.

"Earth prices in Dubai have recently been competitive, and this is a great opportunity for people who are ready to receive new projects," said director Sailesh Sun and Sand Isran Developers.

The cost of construction
Lower construction costs are another factor that makes Dubai good for buying and developing land. This is an ideal time to look for prices almost impossible to buy land, while contractors and consultants are not flexible today.

ValuStrat y Brenin said: "The application was now on-going and more competitive, especially for large-scale major developers." you can also find Gulf News Classifieds Properties here and Contractors and consultants are ready to negotiate - this is what the well-known developers of important long-term contracts have written. Service providers We are proud to have long-term jobs and benefit from the usual money transfer, the use of employees and service providers.

Introducing the developer perspective, Isran's contractors and consultants are ready to offer competitive prices, but for project financing only developers need self-confidence, they will complete the project at the right time. "Contractors and advisers are cautious about delays," he added.

The most significant decline in land prices in recent years is a relatively new used housing.

"I expect to increase land prices in the short term. In order to sell the land value today, selling prices irrespective of their location, the impact of which has been created on opportunities for new generation buyers. Long-term investment thinking or if they plot, they are interested in the development," said Al Msaddi.

When a developer of a house sells land, it takes into account the cost of infrastructure available to the state - roads, electricity, water, street lighting, community space.


"The price is now close to sales, big developers have the most deals and at least premium in some areas. But if the land is sold at a higher price on the secondary market, you can get numbers speculative. This analogy is the raw material price, the output of the final product is mainly due to effective regulatory policies by regulators to reduce real estate market speculation Now, only buyers who intend to invest in land to build a project that is believed by Iceland.