I am torn between using 89 days on market as leverage and treating seller motivation as the more important fact. The Dubai new-build flats I am comparing are listed at roughly AED 3,288,000 to AED 4,932,000, but the displayed marketing period may hide relisting or changing supply within the development.
The occupancy and rental position also needs to be clear before I can judge the risk properly. Would you start with completed sales from the same development, then widen the comparison to nearby buildings of similar age and condition? I would be particularly interested in original asking histories, price reductions and final sale prices, since those should show whether a long-listed seller actually became more flexible.
The occupancy and rental position also needs to be clear before I can judge the risk properly. Would you start with completed sales from the same development, then widen the comparison to nearby buildings of similar age and condition? I would be particularly interested in original asking histories, price reductions and final sale prices, since those should show whether a long-listed seller actually became more flexible.