If I mistake stale stock for a bargain, I could end up paying for a problem that other buyers have already spotted. My Dubai notes cover mainly villas asking between AED 2,819,000 and AED 4,228,000, with a typical advertised age of 68 days.
I first assumed maintenance and condition explained which homes lingered. A well-kept villa can also sit, though, if financed buyers cannot support the valuation or several close substitutes have just been listed. For owners and agents watching this range, would you compare completed sales within narrow neighbourhood boundaries first, or focus on relisting history, new supply and signs of seller motivation?
I first assumed maintenance and condition explained which homes lingered. A well-kept villa can also sit, though, if financed buyers cannot support the valuation or several close substitutes have just been listed. For owners and agents watching this range, would you compare completed sales within narrow neighbourhood boundaries first, or focus on relisting history, new supply and signs of seller motivation?