u/Stonksguy160319

A project that finally does stand out in this market, especially in the commercial side. Grade A offices, to be located above the new mall in Motor City.

Quick brief, AVENEW and Kora Properties backed by APPCORP Holding, to build a retail mall, along with the 6 towers to come to Motor City.

Why does the project stand-out

O1ne District office prices - Average or starting price AED2,500 per square foot (To be confirmed in the launch tomorrow)

Starting sizes - from 2,000 sqft

Minimum starting price - **AED 5,000,000 (**Based on if AED2,500 is the starting or average)

Pricing! Grade A offices, across Dubai, whether it's ready or off-plan are all well above AED3000-4000, when looking at the comparable options. Mind you, this is the first building of the 6, these are the key safety nets when buying offplan, especially in markets like these.

Location: Surrounded by Arabian Ranches, Damac Hills, The Oasis, JGE, TAG, and many more communities as such. There's simply a shortage of Grade A offices, in the prime area's of Dubai, these offices are known for having a 90%+ occupancy rate.

Additional information:

The launch of tomorrow is limited to 70 offices for the tower "Dawn", this building will consist of 2 high end restaurants.

- Unit breakdowns, max 6 per floor, supposedly as little as 2 per floor (higher floor, to be confirmed tomorrow)

Payment plan is 50/50, with handover being in Q1 2030

If you want in-time updates about this tower during the launch tomorrow, or information about the upcoming towers. Drop a message or send a DM

In the month of June, I've noticed many family offices are starting to off-load properties. Whether it's selling a building, multitple buildings or hotels. It stands-out that more people are currently selling, rather than buying (In the larger scale of the market). Yes, large transactions are still being transacated, and master projects are still being announched, however, is this done in order to keep up with the positive imaging or is the demand really still here?

There's definitely something happening behind the scenes, which we don't have a definitive answer to, however, I'd like to discuss what the rest thinks here.

Additionally, I have spoken to many developers & agents, and to my suprise when I ask about the market's demand, and activity, everyone say's the market will be "booming" again in September. My thought is that by September there can be a slight shift within the markets, although, nothing like we're expecting. Even if a peace-deal were to be signed today, there are many investors, and previous residents which don't feel comfortable enough to come back, and settle here. Making the thought interesting enough, and rather making the conversation in regards to what will happen if the market doesn't "Recover" in September?

What I notice now, major communities like Creek Harbour rent's have dropped by almost 25-30% on 1 bedrooms. This is not just a summer deal, as last year rent's were only dropped by 5% during the summer. Now, I believe as the year progresses, we will see a larger change in secondary property prices. As market shifts start with rental prices decrease & imbalances, it'll be interesting to see what happens in the coming time.

What do you guys think of the above, do you guys have other theories or thoughts in regards to this?

Hi all, its been a while since i've posted on this sub since the escalation in the UAE. Now, a lot has happened, and by the looks of it a lot is about to change. Let me share my thoughts.

Recently, the activity of the buyers, and sellers have started to pick up quite a bit, landlords are more open to speaking, investors are looking for the sharpest deals. However, there is still a disruptency between the buyers, and sellers, being too far apart from each other. In my eyes, it's very healthy for the markets to still have disruptency, as we know the market were in a unhealthy uptrend, and most property's were highly overvalued.

In one of my previous posts, I had mentioned about payment plans shifting in order to provide incetives again for off-plan purchases. Now, B-tier developers have started doing this already, however, the top tier developers have yet to provide such deals. For example, Beyond launched their project last week at a 40/60 payment plan, and Mr.Eight changing their payment plans for some projects to 25/75.

The commerical side of the market is in high demand, as a lot of businesses stopped or moved to a new location, there are more opportunities within the market. Many new businesses are opening or expanding now, as their is more opportunities within the market. The advantage now seen is, setting up the businesses to have it fully operational, and ready for the Dubai's high seasons.

Now, EMAAR's AED 200 BILLION vision. On June 11th EMAAR has announched their next major project, located to be under Dubai Hills. Yes, the investment and size of this interesting, but not the point I want to highlight. Currently, there is no peace-deal signed which indicates the war is over, however, EMAAR's launched a vision worth AED 200B?This may suggest that EMAAR sees long-term confidence returning to the market faster than many investors currently expect.

A real shift is about to take place, as soon as everything around this project is announced. It will be interesting to see what the other A tier developers will do, in terms of new launches. Ultimately, I am curious to see if EMAAR will continue to ask for a 80/20 payment plan, or if they will provide a more incentivised payment plan again.

What do you guys think of the above, the market's current state or the near future?