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Appearances Over Time
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And we'll also look at the capital of Abu Dhabi prices.
So let's go to Mario Volpi, our expert resident on the ground in the UAE, and let's kick off with Dubai.
And for people trying to make sense of the apartment market, there are people, nurses perhaps, builders, you know, these people that are looking for these cheaper stock options.
And you want to start us off in areas like
international city discovery gardens and some parts of dubai south with those price points
Yes, and if you are perhaps a couple or you are married and you've got those two joint incomes coming in, perhaps you might be looking at the mid-market tiers.
And what have you got for us here?
And if you're doing pretty well for yourself, you might be coming to Dubai with a business.
You might have a successful business offshore.
Let's look at some of the premium stock.
Now, let's shift our attention to Abu Dhabi when it comes to the price spread, because it is pretty wide.
There are budget-friendly pockets along with mid-tier areas like Al Reem and Khalifa City A. So kick us off here, Mario, some of those most affordable areas.
And I guess what is fueling that top end of the market when it comes to the unit and that example of 1.1 million, if you go to the lower market, the lower range in the units, of course, you've got that 5% guarantee scheme.
Everybody is jumping into the units.
And how many times have we talked about houses are always, from an investment point of view, so much greater than units, but
that curve is starting to get a little straighter now because of people in that unit market chasing those properties.
Yeah, so those downsizes, they are definitely fuelling the top end of the unit range.
Since we're talking about top end, we should mention Byron Bay because it is flirting at the moment with that $3 million club range.
What do you think of Byron Bay prices?
Do you feel that there is too much hype around this location for the price?